Scotiabank Has Positive Outlook of Stantec FY2026 Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Research analysts at Scotiabank raised their FY2026 earnings estimates for shares of Stantec in a research report issued on Wednesday, August 19th. Scotiabank analyst J. Goldman now anticipates that the business services provider will post earnings of $4.49 per share for the year, up from their previous forecast of $4.28. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $4.46 per share. Scotiabank also issued estimates for Stantec’s FY2027 earnings at $4.82 EPS.

A number of other brokerages also recently weighed in on STN. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Weiss Ratings cut shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Zacks Research downgraded shares of Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Finally, Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Stock Down 1.0%

Shares of Stantec stock opened at $73.50 on Monday. Stantec has a 1 year low of $66.26 and a 1 year high of $114.51. The company has a market cap of $8.26 billion, a P/E ratio of 22.90 and a beta of 0.99. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average price of $70.66 and a 200 day moving average price of $80.51.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS.

Stantec Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.245 per share. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. Stantec’s dividend payout ratio (DPR) is 21.50%.

Institutional Investors Weigh In On Stantec

Several large investors have recently made changes to their positions in STN. TD Waterhouse Canada Inc. increased its holdings in Stantec by 12.1% in the second quarter. TD Waterhouse Canada Inc. now owns 834,413 shares of the business services provider’s stock worth $56,450,000 after buying an additional 90,005 shares during the last quarter. Nykredit A S acquired a new position in shares of Stantec during the 2nd quarter worth $3,303,000. QV Investors Inc. increased its stake in shares of Stantec by 219.1% during the 2nd quarter. QV Investors Inc. now owns 511,665 shares of the business services provider’s stock worth $35,278,000 after purchasing an additional 351,330 shares during the last quarter. Susquehanna International Group LLP raised its holdings in shares of Stantec by 489.4% during the 2nd quarter. Susquehanna International Group LLP now owns 10,020 shares of the business services provider’s stock valued at $690,000 after purchasing an additional 8,320 shares in the last quarter. Finally, Wellington Management Group LLP bought a new position in shares of Stantec during the 2nd quarter valued at $11,908,000. Institutional investors own 63.86% of the company’s stock.

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.