North American Construction Group Ltd. (TSE:NOA) Plans $0.12 Quarterly Dividend

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) announced a quarterly dividend on Wednesday, June 3rd, TickerTech Dividends reports. Stockholders of record on Friday, July 3rd will be given a dividend of 0.12 per share on Friday, July 3rd. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, June 3rd.

North American Construction Group Price Performance

NOA stock opened at C$19.08 on Monday. The company has a market capitalization of C$517.13 million, a P/E ratio of 17.04, a PEG ratio of 0.79 and a beta of 0.86. North American Construction Group has a twelve month low of C$16.45 and a twelve month high of C$24.90. The business has a 50 day simple moving average of C$19.60 and a 200-day simple moving average of C$20.18. The company has a current ratio of 1.11, a quick ratio of 0.79 and a debt-to-equity ratio of 202.48.

North American Construction Group (TSE:NOA) (NYSE:NOA) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$0.37 earnings per share for the quarter. The business had revenue of C$319.22 million during the quarter. North American Construction Group had a return on equity of 7.69% and a net margin of 2.63%. As a group, equities analysts anticipate that North American Construction Group will post 4.0597484 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on NOA. Raymond James Financial increased their price objective on North American Construction Group from C$24.00 to C$26.00 in a report on Wednesday, April 29th. ATB Cormark Capital Markets increased their price objective on North American Construction Group from C$21.00 to C$24.00 and gave the company a “sector perform” rating in a report on Thursday, May 14th. Canaccord Genuity Group raised North American Construction Group from a “hold” rating to a “buy” rating and set a C$20.00 price objective for the company in a report on Friday, March 13th. BMO Capital Markets increased their price objective on North American Construction Group from C$21.00 to C$22.00 and gave the company a “market perform” rating in a report on Thursday, May 14th. Finally, Roth Mkm raised North American Construction Group to a “strong-buy” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$22.71.

North American Construction Group Company Profile

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.