Raymond James Issues Positive Outlook for Stantec Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Research analysts at Raymond James upped their Q1 2025 earnings per share (EPS) estimates for Stantec in a research report issued on Wednesday, February 26th. Raymond James analyst F. Bastien now forecasts that the business services provider will post earnings per share of $0.76 for the quarter, up from their previous forecast of $0.71. Raymond James currently has a “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share. Raymond James also issued estimates for Stantec’s Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.92 EPS, Q3 2025 earnings at $1.09 EPS, Q4 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS and FY2025 earnings at $3.68 EPS.

Other analysts also recently issued reports about the stock. StockNews.com raised shares of Stantec from a “hold” rating to a “buy” rating in a research report on Saturday, November 16th. Canaccord Genuity Group upgraded shares of Stantec from a “hold” rating to a “buy” rating in a report on Monday, November 11th. Finally, Canaccord Genuity Group upgraded shares of Stantec from a “hold” rating to a “buy” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Stantec currently has an average rating of “Moderate Buy”.

Stantec Price Performance

Shares of STN stock opened at $84.64 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market cap of $9.65 billion, a P/E ratio of 38.47 and a beta of 1.01. The business’s 50 day moving average price is $78.36 and its 200-day moving average price is $81.02. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $90.24.

Hedge Funds Weigh In On Stantec

Hedge funds have recently bought and sold shares of the company. Mackenzie Financial Corp raised its holdings in Stantec by 166.5% in the fourth quarter. Mackenzie Financial Corp now owns 22,342,818 shares of the business services provider’s stock worth $1,751,093,000 after buying an additional 13,958,790 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Stantec by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 4,575,078 shares of the business services provider’s stock valued at $358,951,000 after acquiring an additional 74,976 shares in the last quarter. Bank of Montreal Can raised its holdings in Stantec by 9.5% in the 4th quarter. Bank of Montreal Can now owns 3,496,408 shares of the business services provider’s stock worth $273,970,000 after acquiring an additional 302,979 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Stantec by 19.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 3,344,994 shares of the business services provider’s stock valued at $262,791,000 after acquiring an additional 542,305 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in Stantec by 9.5% in the 4th quarter. Royal Bank of Canada now owns 3,008,962 shares of the business services provider’s stock valued at $236,055,000 after acquiring an additional 261,705 shares in the last quarter. Institutional investors own 63.86% of the company’s stock.

Stantec Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.1574 per share. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Stantec’s previous quarterly dividend of $0.16. This represents a $0.63 annualized dividend and a dividend yield of 0.74%. Stantec’s dividend payout ratio (DPR) is presently 26.36%.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.