Bird Construction Inc. Declares Monthly Dividend of $0.07 (TSE:BDT)

Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders of record on Thursday, February 20th will be given a dividend of 0.07 per share on Thursday, February 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend is Friday, January 31st.

Bird Construction Stock Performance

BDT opened at C$24.73 on Wednesday. Bird Construction has a 12-month low of C$15.08 and a 12-month high of C$32.67. The company has a market cap of C$1.37 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 0.53 and a beta of 1.05. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 70.40. The company’s 50 day moving average is C$26.67 and its 200 day moving average is C$26.15.

Bird Construction (TSE:BDT) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.67 by C$0.02. The company had revenue of C$898.94 million during the quarter, compared to the consensus estimate of C$961.37 million. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%. On average, equities research analysts predict that Bird Construction will post 2.7598533 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on BDT shares. Stifel Nicolaus boosted their target price on Bird Construction from C$37.00 to C$38.00 in a research report on Thursday, November 7th. Raymond James boosted their target price on shares of Bird Construction from C$30.00 to C$35.00 in a research note on Thursday, October 10th. CIBC raised their price target on Bird Construction from C$29.50 to C$34.00 in a research note on Friday, December 13th. BMO Capital Markets increased their target price on Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Finally, National Bankshares raised their price objective on Bird Construction from C$23.00 to C$28.00 in a research report on Thursday, October 10th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Bird Construction has a consensus rating of “Moderate Buy” and a consensus price target of C$33.00.

About Bird Construction

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.