Scotiabank Has Pessimistic View of Stantec FY2026 Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Investment analysts at Scotiabank cut their FY2026 EPS estimates for Stantec in a report issued on Wednesday, July 15th. Scotiabank analyst J. Goldman now anticipates that the business services provider will earn $4.28 per share for the year, down from their previous estimate of $4.51. The consensus estimate for Stantec’s current full-year earnings is $4.43 per share.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS.

Other analysts also recently issued research reports about the company. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Weiss Ratings downgraded shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Price Performance

Stantec stock opened at $68.29 on Monday. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 21.89 and a beta of 1.00. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47. The business has a 50-day simple moving average of $71.87 and a 200 day simple moving average of $85.22. Stantec has a 52 week low of $66.94 and a 52 week high of $114.51.

Hedge Funds Weigh In On Stantec

A number of large investors have recently modified their holdings of the company. UBS Group AG grew its position in Stantec by 23.2% during the fourth quarter. UBS Group AG now owns 390,644 shares of the business services provider’s stock valued at $36,861,000 after acquiring an additional 73,539 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Stantec by 126.0% during the fourth quarter. Principal Financial Group Inc. now owns 932,025 shares of the business services provider’s stock worth $88,066,000 after acquiring an additional 519,545 shares in the last quarter. Louisbourg Investments Inc. lifted its holdings in shares of Stantec by 97.4% in the 4th quarter. Louisbourg Investments Inc. now owns 42,005 shares of the business services provider’s stock worth $3,969,000 after acquiring an additional 20,721 shares during the last quarter. Perigon Wealth Management LLC bought a new stake in shares of Stantec in the 4th quarter worth approximately $598,000. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Stantec by 6.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 470,442 shares of the business services provider’s stock valued at $44,344,000 after purchasing an additional 29,718 shares in the last quarter. 63.86% of the stock is owned by hedge funds and other institutional investors.

Stantec Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, June 30th. Stantec’s dividend payout ratio is presently 22.12%.

About Stantec

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.