FY2025 EPS Forecast for Bird Construction Reduced by Analyst

Bird Construction Inc. (TSE:BDT) – Stock analysts at Stifel Canada dropped their FY2025 earnings per share estimates for Bird Construction in a research report issued on Thursday, March 13th. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings per share of $2.66 for the year, down from their previous forecast of $2.72. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share.

A number of other analysts have also weighed in on the company. National Bankshares lowered their target price on Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating for the company in a research note on Friday, March 14th. Canaccord Genuity Group lowered their price objective on Bird Construction from C$36.00 to C$35.00 and set a “buy” rating for the company in a research report on Friday, March 14th. CIBC lowered their price objective on Bird Construction from C$36.00 to C$31.00 in a research report on Friday, March 14th. Cibc World Mkts upgraded Bird Construction from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 14th. Finally, Stifel Nicolaus lowered their price objective on Bird Construction from C$38.00 to C$37.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$32.67.

Bird Construction Stock Performance

Shares of TSE:BDT opened at C$22.02 on Monday. Bird Construction has a twelve month low of C$17.89 and a twelve month high of C$32.67. The firm has a market cap of C$1.23 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The business has a fifty day moving average of C$22.93 and a 200-day moving average of C$25.61.

Bird Construction Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be paid a $0.07 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.81%. Bird Construction’s dividend payout ratio (DPR) is presently 50.87%.

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.