Bird Construction Inc. (BDT) to Distribute Monthly Dividend of $0.05 on November 20th

Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Thursday, October 31st, TickerTech reports. Stockholders of record on Wednesday, November 20th will be paid a dividend of 0.0467 per share on Wednesday, November 20th. This represents a $0.56 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Thursday, October 31st.

Bird Construction Stock Down 0.8 %

BDT stock traded down C$0.23 during midday trading on Tuesday, hitting C$30.25. The stock had a trading volume of 13,779 shares, compared to its average volume of 144,342. The business has a 50-day moving average of C$25.22 and a two-hundred day moving average of C$23.80. The company has a debt-to-equity ratio of 70.40, a current ratio of 1.25 and a quick ratio of 1.20. The firm has a market cap of C$1.68 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a 52-week low of C$10.29 and a 52-week high of C$32.67.

Bird Construction (TSE:BDT) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.42 EPS for the quarter, topping the consensus estimate of C$0.38 by C$0.04. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%. The business had revenue of C$873.54 million for the quarter, compared to analyst estimates of C$772.65 million. As a group, equities research analysts forecast that Bird Construction will post 2.7598533 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on BDT shares. BMO Capital Markets upped their target price on shares of Bird Construction from C$30.00 to C$35.00 in a research note on Thursday, October 10th. ATB Capital increased their target price on Bird Construction from C$33.00 to C$35.00 in a research note on Thursday, October 10th. Raymond James boosted their price target on Bird Construction from C$30.00 to C$35.00 in a research note on Thursday, October 10th. Cibc World Mkts raised Bird Construction to a “hold” rating in a research report on Friday, August 9th. Finally, CIBC boosted their target price on Bird Construction from C$25.50 to C$26.00 in a research report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$31.88.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.