Raymond James downgraded shares of Stantec (NYSE:STN – Free Report) (TSE:STN) from a moderate buy rating to a hold rating in a research note released on Thursday morning, Marketbeat.com reports. Raymond James also issued estimates for Stantec’s Q3 2024 earnings at $0.91 EPS, Q4 2024 earnings at $0.60 EPS, FY2024 earnings at $2.99 EPS, Q1 2025 earnings at $0.74 EPS, Q2 2025 earnings at $0.89 EPS, Q3 2025 earnings at $1.07 EPS, Q4 2025 earnings at $0.79 EPS and FY2025 earnings at $3.49 EPS.
Stantec Trading Down 2.1 %
Shares of STN opened at $79.85 on Thursday. Stantec has a 1-year low of $59.55 and a 1-year high of $88.42. The company has a market capitalization of $9.11 billion, a P/E ratio of 34.87 and a beta of 1.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.34 and a quick ratio of 1.34. The firm’s 50 day simple moving average is $83.91 and its 200 day simple moving average is $82.77.
Stantec Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, September 27th will be given a $0.152 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.61 annualized dividend and a yield of 0.76%. Stantec’s dividend payout ratio (DPR) is presently 27.07%.
Hedge Funds Weigh In On Stantec
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.
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