Scotiabank Has Bullish Forecast for Stantec FY2026 Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Analysts at Scotiabank upped their FY2026 earnings estimates for Stantec in a report issued on Thursday, October 22nd. Scotiabank analyst J. Goldman now forecasts that the business services provider will post earnings per share of $4.51 for the year, up from their prior estimate of $4.49. Scotiabank has an “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $4.42 per share. Scotiabank also issued estimates for Stantec’s FY2027 earnings at $4.87 EPS.

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

A number of other research firms have also weighed in on STN. Weiss Ratings raised Stantec from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Wall Street Zen cut Stantec from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Stock Performance

Shares of STN opened at $70.99 on Monday. The stock’s 50-day simple moving average is $70.59 and its 200 day simple moving average is $80.23. The stock has a market capitalization of $7.96 billion, a price-to-earnings ratio of 22.11 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.50 and a current ratio of 1.50. Stantec has a 52-week low of $65.35 and a 52-week high of $114.51.

Institutional Investors Weigh In On Stantec

Institutional investors and hedge funds have recently made changes to their positions in the business. Pictet Asset Management Holding SA grew its position in Stantec by 19.0% during the first quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock worth $300,340,000 after buying an additional 557,434 shares in the last quarter. Man Group plc bought a new position in Stantec in the 2nd quarter worth about $121,285,000. Cardinal Capital Management Inc. purchased a new stake in shares of Stantec in the 3rd quarter valued at about $109,514,000. Bank of America Corp DE purchased a new stake in shares of Stantec in the 2nd quarter valued at about $104,075,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Stantec in the 2nd quarter valued at about $98,396,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th were issued a C$0.24 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.98 annualized dividend and a dividend yield of 1.4%. Stantec’s dividend payout ratio is presently 22.12%.

About Stantec

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects in areas including buildings, transportation, water, energy, and environmental services.

The company serves public- and private-sector clients across North America and in selected international markets. Its multidisciplinary teams help clients plan, design, manage, and deliver projects ranging from transportation networks and water systems to community developments, industrial facilities, and buildings.

Stantec was founded in 1954 in Edmonton, Alberta, by Dr.