Research Analysts’ Weekly Ratings Changes for North American Construction Group (NOA)

North American Construction Group (TSE: NOA) recently received a number of ratings updates from brokerages and research firms:

• 3/13/2026 – North American Construction Group had its price target lowered by Raymond James Financial, Inc. from C$26.00 to C$24.00. They now have an “outperform” rating on the stock.
• 3/13/2026 – North American Construction Group was upgraded by ATB Cormark Capital Markets from “hold” to “moderate buy”. They now have a C$21.00 price target on the stock, down from C$23.00.
• 3/13/2026 – North American Construction Group was upgraded by Canaccord Genuity Group Inc. from “hold” to “buy”. They now have a C$20.00 price target on the stock.
• 3/12/2026 – North American Construction Group was downgraded by BMO Capital Markets from “outperform” to “market perform”. They now have a C$23.00 price target on the stock, down from C$26.00.
• 2/5/2026 – North American Construction Group was upgraded by Roth Mkm to “strong-buy”.

North American Construction Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, April 9th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.48 annualized dividend and a dividend yield of 2.6%. North American Construction Group’s dividend payout ratio is 42.11%.

Insider Buying and Selling

In related news, Director John Joseph Pollesel bought 2,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were purchased at an average cost of C$17.90 per share, with a total value of C$35,800.00. Following the completion of the transaction, the director directly owned 3,500 shares of the company’s stock, valued at approximately C$62,650. This represents a 133.33% increase in their ownership of the stock. 8.93% of the stock is currently owned by insiders.

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.