Bird Construction Inc (TSE:BDT) – Equities research analysts at National Bank Financial lowered their FY2021 earnings per share estimates for Bird Construction in a research note issued to investors on Wednesday, March 11th. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $0.68 per share for the year, down from their prior forecast of $0.69. National Bank Financial currently has a “Outperform” rating and a $10.00 target price on the stock.
Other research analysts have also issued reports about the stock. Canaccord Genuity increased their target price on shares of Bird Construction from C$6.50 to C$7.00 in a research note on Monday, January 13th. TD Securities cut their target price on shares of Bird Construction from C$8.50 to C$7.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Raymond James raised shares of Bird Construction from an “outperform” rating to a “strong-buy” rating and set a C$10.00 target price on the stock in a research note on Thursday.
Shares of TSE BDT opened at C$5.45 on Friday. The firm has a market cap of $231.72 million and a PE ratio of 30.28. Bird Construction has a 12-month low of C$4.32 and a 12-month high of C$8.20. The company’s fifty day simple moving average is C$6.28 and its 200 day simple moving average is C$6.33. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 97.04.
The business also recently announced a monthly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 20th will be paid a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a yield of 7.16%. The ex-dividend date is Thursday, February 27th. Bird Construction’s dividend payout ratio is presently 216.67%.
About Bird Construction
Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings; and performs civil construction operations, including site preparation, concrete foundations, metal and modular fabrication, mechanical process work, underground piping, and earthwork for clients primarily operating in the oil and gas, liquefied natural gas, mining, and nuclear sectors.