North American Construction Group (NYSE:NOA – Get Free Report) (TSE:NOA) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.650-2.860 for the period, compared to the consensus estimate of 4.170. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.3 billion.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. CIBC raised shares of North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research report on Thursday, December 5th. Raymond James raised shares of North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research report on Tuesday, January 21st. Finally, Cibc World Mkts raised shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.
Get Our Latest Stock Report on North American Construction Group
North American Construction Group Price Performance
North American Construction Group (NYSE:NOA – Get Free Report) (TSE:NOA) last released its quarterly earnings results on Wednesday, March 19th. The oil and gas company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.14). North American Construction Group had a return on equity of 26.00% and a net margin of 4.79%. Research analysts expect that North American Construction Group will post 2.56 EPS for the current year.
North American Construction Group Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.084 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Thursday, March 13th. North American Construction Group’s payout ratio is 22.92%.
About North American Construction Group
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.
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