Bird Construction (TSE:BDT) Price Target Raised to C$87.00 at ATB Cormark Capital Markets

Bird Construction (TSE:BDT) had its price target boosted by ATB Cormark Capital Markets from C$57.00 to C$87.00 in a research report released on Friday,BayStreet.CA reports. ATB Cormark Capital Markets currently has an outperform rating on the stock.

Other equities analysts have also issued reports about the company. National Bank Financial upped their target price on Bird Construction from C$57.00 to C$72.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Raymond James Financial upped their target price on shares of Bird Construction from C$54.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. BMO Capital Markets increased their target price on Bird Construction from C$75.00 to C$85.00 in a research note on Thursday. Jefferies Financial Group raised their price target on Bird Construction from C$44.00 to C$63.00 in a research report on Monday, April 27th. Finally, TD lifted their price target on Bird Construction from C$63.00 to C$72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Bird Construction currently has an average rating of “Buy” and a consensus target price of C$75.60.

Bird Construction Price Performance

Shares of TSE:BDT opened at C$73.14 on Friday. The company has a 50 day moving average of C$66.25 and a 200 day moving average of C$50.54. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 88.19. The stock has a market cap of C$4.05 billion, a P/E ratio of 81.27, a P/E/G ratio of 0.53 and a beta of 0.34. Bird Construction has a 12 month low of C$22.40 and a 12 month high of C$78.64.

Bird Construction (TSE:BDT) last posted its earnings results on Wednesday, August 12th. The company reported C$0.70 earnings per share (EPS) for the quarter. Bird Construction had a net margin of 1.43% and a return on equity of 11.25%. The business had revenue of C$1.04 billion for the quarter. As a group, sell-side analysts forecast that Bird Construction will post 2.7598533 EPS for the current fiscal year.

Bird Construction Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 20th will be issued a $0.07 dividend. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 1.1%. Bird Construction’s dividend payout ratio (DPR) is currently 93.33%.

Key Bird Construction News

Here are the key news stories impacting Bird Construction this week:

• Positive Sentiment: National Bank Financial raised its price target to C$92 from C$72 and rated the shares “outperform,” implying approximately 25% potential upside from the referenced level. BayStreet analyst ratings
• Positive Sentiment: ATB Cormark increased its target to C$87 from C$57 and assigned an “outperform” rating, while Stifel raised its target to C$87 from C$85 and maintained a “buy” rating. Ticker Report analyst ratings
• Positive Sentiment: Canaccord Genuity and CIBC also lifted their targets to C$83, from C$62 and C$71, respectively. BMO previously raised its target to C$85 from C$75. The coordinated revisions suggest strengthening confidence across the analyst community. BayStreet analyst ratings
• Positive Sentiment: Bird reported second-quarter revenue of C$1.04 billion and EPS of C$0.70. Revenue increased 23% year over year, while the company highlighted a combined backlog of approximately C$12 billion, providing visibility into future construction activity. Bird Reports 2026 Second Quarter Results
• Neutral Sentiment: Bird Construction receives an average “buy” recommendation from covering brokerages, reinforcing the generally favorable analyst view. Average Buy Recommendation

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.