Bird Construction Inc. (BDT) To Go Ex-Dividend on March 31st

Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Investors of record on Monday, April 20th will be given a dividend of 0.07 per share on Monday, April 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, March 31st.

Bird Construction Stock Up 2.5%

Bird Construction stock opened at C$40.85 on Thursday. The company has a market capitalization of C$2.26 billion, a PE ratio of 47.50, a PEG ratio of 0.53 and a beta of 0.68. Bird Construction has a 12-month low of C$17.52 and a 12-month high of C$41.29. The firm’s fifty day moving average is C$32.89 and its 200 day moving average is C$30.21. The company has a quick ratio of 1.20, a current ratio of 1.26 and a debt-to-equity ratio of 75.66.

Bird Construction (TSE:BDT) last posted its quarterly earnings results on Wednesday, March 11th. The company reported C$0.57 EPS for the quarter. Bird Construction had a net margin of 1.40% and a return on equity of 10.81%. The business had revenue of C$877.01 million during the quarter. As a group, sell-side analysts predict that Bird Construction will post 2.7598533 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on BDT. TD Securities raised their target price on Bird Construction from C$31.00 to C$44.00 and gave the company a “buy” rating in a research note on Monday, March 16th. BMO Capital Markets upped their price target on Bird Construction from C$38.00 to C$52.00 and gave the stock an “outperform” rating in a research note on Thursday, March 26th. Raymond James Financial increased their price target on Bird Construction from C$34.00 to C$44.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. ATB Cormark Capital Markets raised their price objective on Bird Construction from C$35.00 to C$38.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Finally, Canaccord Genuity Group upped their target price on Bird Construction from C$33.00 to C$37.00 and gave the stock a “buy” rating in a research report on Friday, March 13th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Bird Construction has a consensus rating of “Buy” and an average target price of C$41.38.

Bird Construction Company Profile

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.