North American Construction Group (NYSE:NOA) Updates FY 2025 Earnings Guidance

North American Construction Group (NYSE:NOA) (TSE:NOA) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.650-2.860 for the period, compared to the consensus earnings per share estimate of 4.170. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.3 billion.

Analyst Ratings Changes

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

North American Construction Group Price Performance

Shares of North American Construction Group stock opened at $16.56 on Friday. The firm has a fifty day moving average price of $18.56 and a two-hundred day moving average price of $19.19. The company has a market cap of $460.04 million, a PE ratio of 11.50 and a beta of 1.42. North American Construction Group has a fifty-two week low of $15.09 and a fifty-two week high of $23.71. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.13 and a quick ratio of 0.88.

North American Construction Group Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Thursday, March 13th will be issued a dividend of $0.084 per share. This represents a $0.34 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Thursday, March 13th. North American Construction Group’s dividend payout ratio is currently 28.70%.

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.