Bird Construction (TSE:BDT) Price Target Raised to C$85.00

Bird Construction (TSE:BDT) had its price target upped by BMO Capital Markets from C$75.00 to C$85.00 in a report released on Thursday,BayStreet.CA reports.

A number of other research analysts have also weighed in on the company. National Bank Financial raised their price objective on Bird Construction from C$57.00 to C$72.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Raymond James Financial upped their target price on shares of Bird Construction from C$54.00 to C$60.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. TD upped their target price on shares of Bird Construction from C$63.00 to C$72.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Stifel Nicolaus set a C$55.00 target price on shares of Bird Construction and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Canaccord Genuity Group raised their price target on shares of Bird Construction from C$50.00 to C$62.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$75.60.

Bird Construction Stock Performance

TSE BDT opened at C$73.14 on Thursday. The company has a market cap of C$4.05 billion, a PE ratio of 81.27, a price-to-earnings-growth ratio of 0.53 and a beta of 0.34. The stock’s 50 day simple moving average is C$66.25 and its 200-day simple moving average is C$50.54. Bird Construction has a 1-year low of C$22.40 and a 1-year high of C$78.64. The company has a debt-to-equity ratio of 88.19, a current ratio of 1.24 and a quick ratio of 1.20.

Bird Construction (TSE:BDT) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$0.70 earnings per share (EPS) for the quarter. Bird Construction had a return on equity of 11.25% and a net margin of 1.43%.The firm had revenue of C$1.04 billion for the quarter. As a group, equities research analysts anticipate that Bird Construction will post 2.7598533 EPS for the current fiscal year.

Bird Construction Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 20th will be issued a $0.07 dividend. This represents a c) annualized dividend and a dividend 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%.

More Bird Construction News

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

About Bird Construction

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.