Stuart Olson Inc (TSE:SOX) – National Bank Financial boosted their FY2018 earnings per share estimates for Stuart Olson in a report released on Wednesday. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings per share of $0.66 for the year, up from their previous estimate of $0.56. National Bank Financial has a “Sector Perform” rating and a $7.00 price objective on the stock. National Bank Financial also issued estimates for Stuart Olson’s FY2019 earnings at $0.64 EPS.
Several other brokerages have also issued reports on SOX. TD Securities lifted their price target on Stuart Olson from C$7.00 to C$8.50 and gave the stock a “buy” rating in a research note on Monday, January 8th. AltaCorp Capital lowered Stuart Olson from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 17th. Raymond James Financial raised Stuart Olson from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from C$6.00 to C$8.00 in a research note on Thursday. Finally, CIBC boosted their target price on Stuart Olson from C$5.50 to C$6.00 in a research note on Monday, November 13th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of C$8.00.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 17th. Stockholders of record on Thursday, March 29th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend is Wednesday, March 28th. Stuart Olson’s dividend payout ratio (DPR) is presently 160.00%.
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Stuart Olson Company Profile
Stuart Olson Inc is a Canada-based construction and industrial services company. The Company’s segments include General Contracting, Commercial Systems, Industrial Services, and Corporate and Other. The General Contracting segment, through the Buildings Group, provides general contracting services, including integrated project delivery, construction management and design-build services.
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