FY2025 EPS Forecast for Bird Construction Reduced by Analyst

Bird Construction Inc. (TSE:BDT) – Equities research analysts at Stifel Canada reduced their FY2025 earnings per share estimates for shares of Bird Construction in a report issued on Thursday, March 13th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $2.66 per share for the year, down from their previous estimate of $2.72. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share.

BDT has been the subject of several other reports. National Bankshares decreased their price objective on Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating for the company in a research report on Friday, March 14th. Stifel Nicolaus reduced their price target on Bird Construction from C$38.00 to C$37.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Canaccord Genuity Group reduced their price target on Bird Construction from C$36.00 to C$35.00 and set a “buy” rating for the company in a research report on Friday, March 14th. TD Securities reduced their price target on Bird Construction from C$36.00 to C$33.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, CIBC reduced their price target on Bird Construction from C$36.00 to C$31.00 in a research report on Friday, March 14th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$32.67.

Bird Construction Price Performance

Shares of BDT opened at C$22.02 on Monday. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The stock has a 50 day simple moving average of C$22.93 and a 200 day simple moving average of C$25.61. Bird Construction has a 52-week low of C$17.89 and a 52-week high of C$32.67. The firm has a market capitalization of C$1.23 billion, a PE ratio of 13.33, a P/E/G ratio of 0.53 and a beta of 1.05.

Bird Construction Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date is Friday, February 28th. Bird Construction’s dividend payout ratio is currently 50.87%.

About Bird Construction

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.