FY2026 EPS Estimates for Aecon Group Cut by Desjardins

Aecon Group Inc. (TSE:ARE) – Equities researchers at Desjardins cut their FY2026 earnings per share (EPS) estimates for shares of Aecon Group in a report released on Sunday, November 3rd. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $2.31 per share for the year, down from their previous forecast of $2.46. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share.

Several other analysts have also recently commented on the company. Stifel Nicolaus lifted their price target on Aecon Group from C$30.00 to C$31.00 in a report on Friday, October 4th. CIBC lifted their price target on shares of Aecon Group from C$25.00 to C$29.00 in a report on Monday. ATB Capital upped their price objective on shares of Aecon Group from C$21.00 to C$29.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. TD Securities upgraded shares of Aecon Group from a “hold” rating to a “buy” rating and boosted their price target for the company from C$23.00 to C$35.00 in a report on Monday. Finally, National Bankshares upgraded shares of Aecon Group from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$17.00 to C$20.50 in a report on Monday, July 29th. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Aecon Group has an average rating of “Moderate Buy” and a consensus target price of C$25.57.

Aecon Group Stock Performance

Aecon Group stock opened at C$28.59 on Tuesday. The company has a market capitalization of C$1.79 billion, a price-to-earnings ratio of -105.89, a PEG ratio of 18.18 and a beta of 1.13. Aecon Group has a fifty-two week low of C$10.30 and a fifty-two week high of C$28.63. The company has a debt-to-equity ratio of 32.86, a quick ratio of 1.27 and a current ratio of 1.35. The stock has a fifty day moving average of C$20.83 and a two-hundred day moving average of C$17.95.

Insider Buying and Selling at Aecon Group

In other Aecon Group news, Senior Officer Timothy John Murphy purchased 4,244 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were acquired at an average cost of C$17.66 per share, for a total transaction of C$74,969.84. Insiders own 0.82% of the company’s stock.

Aecon Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, October 2nd were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date was Friday, September 20th. Aecon Group’s dividend payout ratio (DPR) is presently -281.48%.

Aecon Group Company Profile

Aecon Group Inc, together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.