Bird Construction Inc. (BDT) to Issue Monthly Dividend of $0.05 on August 20th

Bird Construction Inc. (TSE:BDT) announced a monthly dividend on Wednesday, July 31st, TickerTech reports. Stockholders of record on Tuesday, August 20th will be paid a dividend of 0.0467 per share on Tuesday, August 20th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Wednesday, July 31st.

Bird Construction Stock Performance

Shares of BDT stock opened at C$25.90 on Monday. The company’s fifty day simple moving average is C$24.68 and its 200-day simple moving average is C$20.17. The company has a quick ratio of 1.20, a current ratio of 1.26 and a debt-to-equity ratio of 46.93. The firm has a market cap of C$1.40 billion, a PE ratio of 19.47, a P/E/G ratio of 0.53 and a beta of 1.22. Bird Construction has a 12 month low of C$8.77 and a 12 month high of C$27.30.

Bird Construction (TSE:BDT) last announced its quarterly earnings data on Tuesday, May 14th. The company reported C$0.20 EPS for the quarter, topping analysts’ consensus estimates of C$0.17 by C$0.03. The business had revenue of C$688.20 million for the quarter, compared to analyst estimates of C$594.63 million. Bird Construction had a net margin of 2.56% and a return on equity of 24.03%. Equities research analysts expect that Bird Construction will post 1.8404534 EPS for the current fiscal year.

Analysts Set New Price Targets

BDT has been the topic of a number of recent analyst reports. ATB Capital boosted their target price on shares of Bird Construction from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday, June 12th. National Bankshares increased their target price on shares of Bird Construction from C$21.00 to C$23.00 and gave the stock a “sector perform” rating in a report on Tuesday, June 11th. CIBC increased their target price on shares of Bird Construction from C$22.00 to C$25.20 and gave the stock a “neutral” rating in a report on Wednesday, June 12th. BMO Capital Markets increased their target price on shares of Bird Construction from C$29.00 to C$30.00 in a report on Tuesday, July 16th. Finally, TD Securities increased their target price on shares of Bird Construction from C$25.00 to C$30.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Bird Construction currently has a consensus rating of “Moderate Buy” and a consensus price target of C$26.90.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.