Raymond James Financial Comments on Aecon Group Q1 Earnings

Aecon Group Inc. (TSE:ARE) – Research analysts at Raymond James Financial dropped their Q1 2026 earnings estimates for shares of Aecon Group in a report issued on Thursday, October 30th. Raymond James Financial analyst F. Bastien now anticipates that the company will post earnings per share of $0.02 for the quarter, down from their prior forecast of $0.07. Raymond James Financial currently has a “Hold” rating and a $33.00 target price on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share. Raymond James Financial also issued estimates for Aecon Group’s Q2 2026 earnings at $0.24 EPS and Q3 2026 earnings at $0.61 EPS.

Several other equities analysts have also commented on ARE. CIBC lowered Aecon Group from an “outperform” rating to a “neutral” rating and upped their price target for the company from C$29.00 to C$35.00 in a research note on Friday. Desjardins cut shares of Aecon Group from a “buy” rating to a “hold” rating and upped their target price for the company from C$22.00 to C$35.00 in a research report on Friday. Canaccord Genuity Group increased their target price on shares of Aecon Group from C$29.00 to C$40.00 and gave the stock a “buy” rating in a research note on Friday. ATB Capital cut shares of Aecon Group from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from C$28.00 to C$32.00 in a research report on Friday. Finally, Stifel Nicolaus boosted their price target on shares of Aecon Group from C$24.00 to C$30.00 in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$33.00.

Aecon Group Trading Up 0.1%

Shares of Aecon Group stock opened at C$30.95 on Monday. The stock has a 50 day moving average of C$24.11 and a 200 day moving average of C$20.94. The company has a debt-to-equity ratio of 32.84, a quick ratio of 1.27 and a current ratio of 1.19. The firm has a market capitalization of C$1.96 billion, a price-to-earnings ratio of 221.07, a PEG ratio of 18.18 and a beta of 1.48. Aecon Group has a fifty-two week low of C$15.21 and a fifty-two week high of C$35.10.

Aecon Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, October 2nd were paid a dividend of $0.19 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.76 dividend on an annualized basis and a yield of 2.5%. Aecon Group’s dividend payout ratio is 542.86%.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.