Desjardins Weighs in on Aecon Group’s Q3 Earnings (TSE:ARE)

Aecon Group Inc. (TSE:ARE) – Analysts at Desjardins raised their Q3 2025 earnings per share (EPS) estimates for shares of Aecon Group in a research note issued to investors on Thursday, April 24th. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $0.59 per share for the quarter, up from their prior forecast of $0.54. Desjardins has a “Buy” rating and a $29.00 price target on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share. Desjardins also issued estimates for Aecon Group’s Q4 2025 earnings at $0.34 EPS.

A number of other research analysts have also issued reports on the stock. BMO Capital Markets reduced their target price on shares of Aecon Group from C$20.00 to C$19.00 in a research note on Friday. National Bankshares raised Aecon Group from a “sector perform” rating to an “outperform” rating in a report on Monday, March 10th. Stifel Canada upgraded Aecon Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 17th. National Bank Financial upgraded Aecon Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 9th. Finally, CIBC lowered their price target on Aecon Group from C$31.00 to C$24.00 in a report on Friday. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Aecon Group has an average rating of “Buy” and a consensus target price of C$22.90.

Aecon Group Stock Performance

ARE stock opened at C$15.90 on Monday. The stock’s fifty day moving average is C$18.36 and its two-hundred day moving average is C$23.26. The stock has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -15.64, a PEG ratio of 18.18 and a beta of 1.13. The company has a debt-to-equity ratio of 32.84, a quick ratio of 1.27 and a current ratio of 1.19. Aecon Group has a 1 year low of C$13.03 and a 1 year high of C$29.70.

Aecon Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, April 2nd were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.76 annualized dividend and a dividend yield of 4.78%. Aecon Group’s dividend payout ratio (DPR) is -74.76%.

Insider Transactions at Aecon Group

In related news, Director Stuart Lee acquired 5,700 shares of Aecon Group stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of C$18.35 per share, with a total value of C$104,595.00. Corporate insiders own 0.82% of the company’s stock.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.