North American Construction Group (NYSE:NOA) Posts Quarterly Earnings Results, Misses Estimates By $0.14 EPS

North American Construction Group (NYSE:NOA) (TSE:NOA) announced its quarterly earnings results on Wednesday. The oil and gas company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.14), Zacks reports. North American Construction Group had a return on equity of 26.00% and a net margin of 4.79%. North American Construction Group updated its FY 2025 guidance to 2.650-2.860 EPS.

North American Construction Group Trading Up 2.8 %

North American Construction Group stock traded up $0.47 during trading on Wednesday, hitting $17.42. The company had a trading volume of 113,099 shares, compared to its average volume of 63,639. North American Construction Group has a 1-year low of $15.62 and a 1-year high of $23.71. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.85. The company’s 50 day simple moving average is $18.64 and its 200-day simple moving average is $19.21. The stock has a market cap of $483.87 million, a price-to-earnings ratio of 12.10 and a beta of 1.42.

North American Construction Group Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.084 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.93%. North American Construction Group’s dividend payout ratio is currently 22.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Raymond James upgraded North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research report on Tuesday, January 21st. CIBC raised shares of North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research note on Thursday, December 5th. Finally, Cibc World Mkts upgraded shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, North American Construction Group currently has a consensus rating of “Buy”.

North American Construction Group Company Profile

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.