Bird Construction Inc. Plans Monthly Dividend of $0.07 (TSE:BDT)

Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Thursday, August 20th will be paid a dividend of 0.07 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, July 31st.

Bird Construction Stock Performance

Shares of Bird Construction stock opened at C$67.43 on Wednesday. The stock has a market cap of C$3.74 billion, a price-to-earnings ratio of 74.92, a P/E/G ratio of 0.53 and a beta of 0.34. Bird Construction has a twelve month low of C$22.40 and a twelve month high of C$78.64. The company’s fifty day moving average is C$64.15 and its 200 day moving average is C$47.23. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 88.19.

Bird Construction (TSE:BDT) last announced its earnings results on Wednesday, May 13th. The company reported C$0.25 earnings per share (EPS) for the quarter. Bird Construction had a return on equity of 11.25% and a net margin of 1.43%.The business had revenue of C$783.37 million during the quarter. Sell-side analysts forecast that Bird Construction will post 2.7598533 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on BDT shares. Stifel Nicolaus set a C$55.00 price objective on Bird Construction and gave the stock a “buy” rating in a research note on Friday, April 17th. BMO Capital Markets raised their price target on shares of Bird Construction from C$60.00 to C$70.00 and gave the stock an “outperform” rating in a report on Monday, May 25th. Raymond James Financial boosted their price target 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. TD upped their price objective on shares of Bird Construction from C$63.00 to C$72.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Finally, ATB Cormark Capital Markets lifted their target price on shares of Bird Construction from C$48.00 to C$57.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Bird Construction currently has an average rating of “Buy” and a consensus target price of C$62.60.

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.