Scotiabank Brokers Increase Earnings Estimates for Stantec

Stantec Inc. (NYSE:STN) (TSE:STN) – Stock analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Stantec in a research report issued on Thursday, March 5th. Scotiabank analyst J. Goldman now expects that the business services provider will post earnings of $4.47 per share for the year, up from their previous estimate of $4.32. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share. Scotiabank also issued estimates for Stantec’s FY2027 earnings at $4.86 EPS.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. Stantec had a return on equity of 17.56% and a net margin of 5.90%.The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS.

Other analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stantec in a research note on Wednesday, January 21st. Royal Bank Of Canada boosted their price objective on shares of Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday. Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Desjardins reissued a “buy” rating on shares of Stantec in a report on Monday, November 17th. Finally, Zacks Research upgraded shares of Stantec from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Stantec presently has an average rating of “Moderate Buy” and an average price target of $175.00.

Stantec Trading Down 1.5%

NYSE:STN opened at $91.32 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47. Stantec has a 1-year low of $77.07 and a 1-year high of $114.51. The firm has a market capitalization of $10.42 billion, a price-to-earnings ratio of 30.24 and a beta of 1.12. The business’s 50-day moving average price is $96.11 and its two-hundred day moving average price is $102.00.

Stantec Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date is Tuesday, March 31st. Stantec’s dividend payout ratio is 21.85%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in STN. Waratah Capital Advisors Ltd. increased its position in shares of Stantec by 6.5% in the second quarter. Waratah Capital Advisors Ltd. now owns 410,497 shares of the business services provider’s stock valued at $44,613,000 after acquiring an additional 25,073 shares during the last quarter. Cibc World Market Inc. grew its stake in Stantec by 12.5% in the third quarter. Cibc World Market Inc. now owns 281,746 shares of the business services provider’s stock valued at $30,379,000 after purchasing an additional 31,383 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Stantec by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 4,873,421 shares of the business services provider’s stock worth $525,584,000 after purchasing an additional 152,170 shares during the last quarter. Forge First Asset Management Inc. raised its stake in shares of Stantec by 94.2% during the 2nd quarter. Forge First Asset Management Inc. now owns 86,579 shares of the business services provider’s stock worth $9,401,000 after purchasing an additional 42,000 shares in the last quarter. Finally, Atria Investments Inc boosted its holdings in shares of Stantec by 144.2% in the 2nd quarter. Atria Investments Inc now owns 10,082 shares of the business services provider’s stock valued at $1,096,000 after buying an additional 5,954 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Company Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.