Bird Construction (TSE:BDT) Given New C$92.00 Price Target at National Bank Financial

Bird Construction (TSE:BDT) had its price objective upped by National Bank Financial from C$72.00 to C$92.00 in a research note released on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research firms have also recently commented on BDT. Stifel Nicolaus boosted their target price on Bird Construction from C$85.00 to C$87.00 and gave the company a “buy” rating in a research note on Friday. Canadian Imperial Bank of Commerce increased their target price on shares of Bird Construction from C$71.00 to C$83.00 in a report on Friday. Raymond James Financial lifted their price target on shares of Bird Construction from C$54.00 to C$60.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Jefferies Financial Group increased their price target on Bird Construction from C$44.00 to C$63.00 in a research report on Monday, April 27th. Finally, Canaccord Genuity Group boosted their target price on shares of Bird Construction from C$62.00 to C$83.00 in a report on Friday. Nine investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$75.60.

Bird Construction Stock Up 1.8%

Shares of BDT opened at C$73.14 on Friday. The business’s fifty day moving average price is C$66.25 and its two-hundred day moving average price is C$50.54. The firm has a market capitalization of C$4.05 billion, a price-to-earnings ratio of 81.27, a PEG ratio of 0.53 and a beta of 0.34. Bird Construction has a 52 week low of C$22.40 and a 52 week high of C$78.64. The company has a debt-to-equity ratio of 88.19, a quick ratio of 1.20 and a current ratio of 1.24.

Bird Construction (TSE:BDT) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.70 EPS for the quarter. The business had revenue of C$1.04 billion during the quarter. Bird Construction had a return on equity of 11.25% and a net margin of 1.43%. On average, analysts predict that Bird Construction will post 2.7598533 earnings per share for the current year.

Bird Construction Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 20th will be given a dividend of $0.07 per share. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, July 31st. Bird Construction’s dividend payout ratio (DPR) is currently 93.33%.

Key Stories Impacting Bird Construction

Here are the key news stories impacting Bird Construction this week:

• Positive Sentiment: National Bank Financial raised its price target to C$92 from C$72 and rated the shares “outperform,” implying approximately 25% potential upside from the referenced level. BayStreet analyst ratings
• Positive Sentiment: ATB Cormark increased its target to C$87 from C$57 and assigned an “outperform” rating, while Stifel raised its target to C$87 from C$85 and maintained a “buy” rating. Ticker Report analyst ratings
• Positive Sentiment: Canaccord Genuity and CIBC also lifted their targets to C$83, from C$62 and C$71, respectively. BMO previously raised its target to C$85 from C$75. The coordinated revisions suggest strengthening confidence across the analyst community. BayStreet analyst ratings
• Positive Sentiment: Bird reported second-quarter revenue of C$1.04 billion and EPS of C$0.70. Revenue increased 23% year over year, while the company highlighted a combined backlog of approximately C$12 billion, providing visibility into future construction activity. Bird Reports 2026 Second Quarter Results
• Neutral Sentiment: Bird Construction receives an average “buy” recommendation from covering brokerages, reinforcing the generally favorable analyst view. Average Buy Recommendation

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.