National Bank Financial Comments on NOA Q2 Earnings

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – Investment analysts at National Bank Financial issued their Q2 2025 earnings estimates for North American Construction Group in a research note issued to investors on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev expects that the oil and gas company will post earnings of $0.64 per share for the quarter. The consensus estimate for North American Construction Group’s current full-year earnings is $2.79 per share.

North American Construction Group Stock Up 1.0 %

NOA opened at $20.19 on Thursday. North American Construction Group has a fifty-two week low of $16.46 and a fifty-two week high of $25.92. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.88 and a current ratio of 1.13. The company has a market capitalization of $561.89 million, a P/E ratio of 14.02 and a beta of 1.49. The stock has a fifty day moving average of $19.04 and a 200-day moving average of $19.24.

Institutional Investors Weigh In On North American Construction Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Polar Asset Management Partners Inc. raised its stake in North American Construction Group by 59.8% in the third quarter. Polar Asset Management Partners Inc. now owns 1,709,868 shares of the oil and gas company’s stock valued at $31,981,000 after purchasing an additional 639,857 shares in the last quarter. National Bank of Canada FI raised its stake in North American Construction Group by 69.1% in the third quarter. National Bank of Canada FI now owns 1,177,109 shares of the oil and gas company’s stock valued at $22,012,000 after purchasing an additional 480,885 shares in the last quarter. AYAL Capital Advisors Ltd acquired a new position in North American Construction Group during the second quarter worth about $7,375,000. Bank of Montreal Can raised its stake in North American Construction Group by 15.3% during the third quarter. Bank of Montreal Can now owns 2,154,347 shares of the oil and gas company’s stock worth $40,519,000 after acquiring an additional 285,225 shares in the last quarter. Finally, Millennium Management LLC raised its stake in North American Construction Group by 240.4% during the second quarter. Millennium Management LLC now owns 225,336 shares of the oil and gas company’s stock worth $4,344,000 after acquiring an additional 159,142 shares in the last quarter. Institutional investors and hedge funds own 74.99% of the company’s stock.

North American Construction Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.089 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.76%. This is an increase from North American Construction Group’s previous quarterly dividend of $0.07. North American Construction Group’s dividend payout ratio (DPR) is currently 24.31%.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.