North American Construction Group Ltd. (NOA) to Distribute Quarterly Dividend of $0.12 on October 2nd

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) declared a quarterly dividend on Friday, August 28th, TickerTech Dividends reports. Investors of record on Friday, October 2nd will be paid a dividend of 0.12 per share on Friday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, August 28th.

North American Construction Group Stock Down 1.0%

TSE NOA opened at C$18.41 on Wednesday. The stock has a 50 day moving average price of C$19.25 and a 200-day moving average price of C$19.86. North American Construction Group has a one year low of C$16.45 and a one year high of C$23.49. The company has a market capitalization of C$495.49 million, a P/E ratio of 16.44, a P/E/G ratio of 0.79 and a beta of 0.83. The company has a debt-to-equity ratio of 246.95, a quick ratio of 0.79 and a current ratio of 1.07.

North American Construction Group (TSE:NOA) (NYSE:NOA) last announced its earnings results on Wednesday, August 12th. The company reported C$0.32 earnings per share (EPS) for the quarter. North American Construction Group had a net margin of 2.41% and a return on equity of 7.40%. The firm had revenue of C$400.96 million for the quarter. As a group, equities analysts predict that North American Construction Group will post 4.0597484 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NOA has been the subject of a number of recent research reports. Raymond James Financial lifted their target price on North American Construction Group from C$24.00 to C$26.00 in a report on Wednesday, April 29th. BMO Capital Markets raised their price target on North American Construction Group from C$21.00 to C$22.00 and gave the stock a “market perform” rating in a research report on Thursday, May 14th. National Bank Financial dropped their price objective on shares of North American Construction Group from C$30.00 to C$28.00 and set an “outperform” rating for the company in a research note on Friday, August 14th. Finally, ATB Cormark Capital Markets boosted their price objective on shares of North American Construction Group from C$21.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently 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 a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets.