Q4 2017 EPS Estimates for Stantec Inc. Cut by Analyst (STN)
Stantec Inc. (TSE:STN) (NYSE:STN) – Investment analysts at National Bank Financial decreased their Q4 2017 EPS estimates for Stantec in a research note issued to investors on Thursday. National Bank Financial analyst M. Sytchev now expects that the company will post earnings per share of $0.37 for the quarter, down from their previous estimate of $0.43. National Bank Financial currently has a “Outperform” rating and a $39.00 target price on the stock. National Bank Financial also issued estimates for Stantec’s FY2018 earnings at $1.89 EPS and FY2019 earnings at $2.23 EPS.
Several other research firms have also recently issued reports on STN. Canaccord Genuity raised their target price on shares of Stantec from C$34.00 to C$36.00 in a research report on Tuesday, October 31st. CIBC raised their target price on shares of Stantec from C$37.00 to C$38.00 in a research report on Monday, November 13th. Desjardins raised their target price on shares of Stantec from C$39.00 to C$43.00 in a research report on Monday, November 13th. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$40.00 target price on shares of Stantec in a research report on Monday, October 23rd. Finally, Scotiabank reissued an “outperform” rating and issued a C$40.00 target price on shares of Stantec in a research report on Friday, November 10th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$39.38.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Friday, December 29th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.50 dividend on an annualized basis and a yield of 1.45%. Stantec’s dividend payout ratio (DPR) is 48.27%.
Stantec Company Profile
Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.
Receive News & Ratings for Stantec Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stantec Inc. and related companies with MarketBeat.com's FREE daily email newsletter.