Desjardins Issues Positive Forecast for Aecon Group Earnings

Aecon Group Inc. (TSE:ARE) – Analysts at Desjardins raised their Q3 2025 earnings per share estimates for shares of Aecon Group in a research note issued on Thursday, April 24th. Desjardins analyst B. Poirier now anticipates that the company will earn $0.59 per share for the quarter, up from their previous estimate of $0.54. Desjardins currently has a “Buy” rating and a $29.00 target price on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share. Desjardins also issued estimates for Aecon Group’s Q4 2025 earnings at $0.34 EPS.

A number of other brokerages have also recently commented on ARE. Raymond James dropped their target price on shares of Aecon Group from C$23.00 to C$21.00 in a report on Monday. Royal Bank of Canada dropped their price objective on shares of Aecon Group from C$18.00 to C$17.00 in a research note on Friday, April 25th. National Bank Financial raised shares of Aecon Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 9th. National Bankshares raised Aecon Group from a “sector perform” rating to an “outperform” rating in a research report on Monday, March 10th. Finally, BMO Capital Markets reduced their price objective on Aecon Group from C$20.00 to C$19.00 in a research report on Friday, April 25th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$22.90.

Aecon Group Price Performance

Shares of ARE stock opened at C$15.91 on Monday. The business’s fifty day moving average is C$18.22 and its 200 day moving average is C$23.22. The company has a quick ratio of 1.27, a current ratio of 1.19 and a debt-to-equity ratio of 32.84. The stock has a market cap of C$1.01 billion, a price-to-earnings ratio of -15.65, a PEG ratio of 18.18 and a beta of 1.13. Aecon Group has a twelve month low of C$13.03 and a twelve month high of C$29.70.

Insider Activity at Aecon Group

In related news, Director Stuart Lee bought 5,700 shares of the stock in a transaction on Monday, March 10th. The shares were acquired at an average price of C$18.35 per share, for a total transaction of C$104,595.00. 0.82% of the stock is currently owned by insiders.

Aecon Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, April 2nd were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend was Friday, March 21st. Aecon Group’s payout ratio is currently -74.76%.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.