Should I buy or sell North American Construction Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for North American Construction Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NOA shares. View NOA analyst ratings or view top-rated stocks .

What is North American Construction Group's stock price target for 2024?

3 Wall Street research analysts have issued twelve-month target prices for North American Construction Group's shares. Their NOA share price targets range from $39.00 to $39.00. On average, they predict the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 88.9% from the stock's current price. View analysts price targets for NOA or view top-rated stocks among Wall Street analysts .

How have NOA shares performed in 2024?

North American Construction Group's stock was trading at $20.85 at the beginning of 2024. Since then, NOA stock has decreased by 1.0% and is now trading at $20.65. View the best growth stocks for 2024 here .

When is North American Construction Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our NOA earnings forecast .

How were North American Construction Group's earnings last quarter?

North American Construction Group Ltd. (NYSE:NOA) announced its quarterly earnings data on Wednesday, March, 13th. The oil and gas company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The oil and gas company earned $239.70 million during the quarter, compared to analysts' expectations of $229.31 million. North American Construction Group had a trailing twelve-month return on equity of 22.18% and a net margin of 6.60%.

How often does North American Construction Group pay dividends? What is the dividend yield for North American Construction Group?

North American Construction Group declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 8th will be given a dividend of $0.074 per share on Friday, April 5th. This represents a $0.30 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Thursday, March 7th. This is a boost from the stock's previous quarterly dividend of $0.07. Read our dividend analysis for NOA .

Is North American Construction Group a good dividend stock?

North American Construction Group (NYSE:NOA) pays an annual dividend of $0.29 per share and currently has a dividend yield of 1.41%. The dividend payout ratio is 18.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOA will have a dividend payout ratio of 9.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NOA .

What guidance has North American Construction Group issued on next quarter's earnings?

North American Construction Group issued an update on its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share guidance of 3.120-3.490 for the period, compared to the consensus estimate of 3.350. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.

What other stocks do shareholders of North American Construction Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other North American Construction Group investors own include Micron Technology (MU) , Coca-Cola (KO) , Advanced Micro Devices (AMD) , Cisco Systems (CSCO) , Broadcom (AVGO) , Pfizer (PFE) , Walt Disney (DIS) , Intel (INTC) , Johnson & Johnson (JNJ) and NVIDIA (NVDA) .

How do I buy shares of North American Construction Group?

Shares of NOA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:NOA

North American Construction Group (NOA) Stock Price, News & Analysis

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$20.65

-0.14 (-0.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $20.60
▼
$21.72
50-Day Range: $20.65
▼
$25.38
52-Week Range: $17.90
▼
$26.30

Volume: 67,897 shs
Average Volume: 66,018 shs
Market Capitalization: $552.18 million

P/E Ratio: 13.24
Dividend Yield: 1.40%
Price Target: $39.00

Get North American Construction Group alerts:

North American Construction Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 88.9% Upside
$39.00 Price Target
Short Interest: Healthy
0.54% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.69
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.92%
From $2.84 to $3.15 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Construction Sector

16th out of 100 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

5th out of 18 stocks

3.3

Analyst's Opinion

Consensus Rating
North American Construction Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
North American Construction Group has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.54% of the float of North American Construction Group has been sold short.
Short Interest Ratio / Days to Cover
North American Construction Group has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in North American Construction Group has recently decreased by 13.75%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
North American Construction Group pays a meaningful dividend of 1.41%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
North American Construction Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of North American Construction Group is 18.59%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, North American Construction Group will have a dividend payout ratio of 9.21% next year. This indicates that North American Construction Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NOA.

3.2

News and Social Media Coverage

News Sentiment
North American Construction Group has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for North American Construction Group this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added North American Construction Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, North American Construction Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.70% of the stock of North American Construction Group is held by insiders.
Percentage Held by Institutions
74.99% of the stock of North American Construction Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for North American Construction Group are expected to grow by 10.92% in the coming year, from $2.84 to $3.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of North American Construction Group is 13.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of North American Construction Group is 13.24, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.48.
Price to Book Value per Share Ratio
North American Construction Group has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About North American Construction Group Stock (NYSE:NOA)

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments. It also offers mine management services for thermal coal mines; and construction and operations support services in the Canadian oil sands region. In addition, the company provides fully maintained heavy equipment rentals and full service mine operations support at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. As of December 31, 2023, it operated a heavy equipment fleet of 900 units. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.

NOA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NOA Stock News Headlines

April 17, 2024 | finance.yahoo.com

Analysts Estimate North American Construction (NOA) to Report a Decline in Earnings: What to Look Out for

April 13, 2024 | americanbankingnews.com

North American Construction Group Ltd. (NYSE:NOA) Forecasted to Post FY2025 Earnings of $3.14 Per Share

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 12, 2024 | msn.com

Fayetteville’s North Street Corridor project construction begins

April 10, 2024 | americanbankingnews.com

North American Construction Group (NYSE:NOA) Share Price Passes Above Two Hundred Day Moving Average of $21.97

March 16, 2024 | seekingalpha.com

North American Construction Group Ltd. (NOA) Q4 2023 Earnings Call Transcript

March 14, 2024 | msn.com

Metronet worker dies after being run over by a Tesla in Bayswater, Perth

March 13, 2024 | globenewswire.com

North American Construction Group Ltd. Announces Results for the Fourth Quarter and Year Ended December 31, 2023

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 12, 2024 | msn.com

North American Energy Q4 2023 Earnings Preview

March 5, 2024 | globenewswire.com

North American Construction Group Ltd. Announces Significant Five-Year Contract Extension in Australia

March 2, 2024 | finance.yahoo.com

Is It Smart To Buy North American Construction Group Ltd. (TSE:NOA) Before It Goes Ex-Dividend?

March 1, 2024 | finance.yahoo.com

North American Construction Group Ltd. Announces Appointment to Board of Directors

March 1, 2024 | globenewswire.com

North American Construction Group Ltd. Announces Appointment to Board of Directors

February 25, 2024 | ca.finance.yahoo.com

North American Construction Group (TSE:NOA) Is Paying Out A Dividend Of CA$0.10

February 21, 2024 | finance.yahoo.com

North American Construction Group Ltd. Announces Regular Quarterly Dividend

February 21, 2024 | finance.yahoo.com

North American Construction Group Ltd. Announces Regular Quarterly Dividend

February 21, 2024 | globenewswire.com

North American Construction Group Ltd. Announces Regular Quarterly Dividend

February 14, 2024 | finance.yahoo.com

North American Construction Group Ltd. Fourth Quarter Results Conference Call and Webcast Notification

February 14, 2024 | globenewswire.com

North American Construction Group Ltd. Fourth Quarter Results Conference Call and Webcast Notification

February 13, 2024 | ca.finance.yahoo.com

North American Construction Group Ltd. (NOA)

February 1, 2024 | finance.yahoo.com

North American Construction (NOA) Wins Regional Services Deal

February 1, 2024 | finance.yahoo.com

Fast-paced Momentum Stock North American Construction (NOA) Is Still Trading at a Bargain

January 31, 2024 | financialpost.com

North American Construction Group Ltd. Announces Award of Regional Services Contract

January 17, 2024 | seekingalpha.com

North American Construction - MacKellar Acquisition Makes This Too Cheap To Ignore

December 17, 2023 | finance.yahoo.com

Should You Be Adding North American Construction Group (TSE:NOA) To Your Watchlist Today?

November 24, 2023 | finance.yahoo.com

North American Construction Group Ltd. (TSE:NOA) Passed Our Checks, And It's About To Pay A CA$0.10 Dividend

See More Headlines

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Company Calendar

Ex-Dividend for 4/5 Dividend: 3/07/2024
Last Earnings: 3/13/2024
Dividend Payable: 4/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:NOA
CUSIP: N/A
CIK: 1272869
Web: www.nacg.ca
Phone: (780) 960-7171
Fax: 780-960-7103
Employees: 1,730
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $39.00
High Stock Price Target: $39.00
Low Stock Price Target: $39.00
Potential Upside/Downside: +87.6%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.56
Trailing P/E Ratio: 13.33
Forward P/E Ratio: 7.32
P/E Growth: N/A
Net Income: $46.78 million
Net Margins: 6.60%
Pretax Margin: 8.98%
Return on Equity: 22.18%
Return on Assets: 6.74%

Debt

Debt-to-Equity Ratio: 1.71
Current Ratio: 0.91
Quick Ratio: 0.71

Sales & Book Value

Annual Sales: $709.04 million
Price / Sales: 0.78
Cash Flow: $5.44 per share
Price / Cash Flow: 3.82
Book Value: $9.88 per share
Price / Book: 2.10

Miscellaneous

Outstanding Shares: 26,740,000
Free Float: 24,144,000
Market Cap: $555.92 million
Optionable: Optionable
Beta: 1.53

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Key Executives

Mr. Joseph C. Lambert (Age 59)
President, CEO & Director
Comp: $848.4k
Mr. Jason William Veenstra C.A. (Age 45)
CPA, Chief Financial Officer
Comp: $482.44k
Mr. Barry Wade Palmer (Age 63)
COO & Regional President of MacKellar Group
Comp: $526.35k
Mr. Jordan A. Slator (Age 53)
Chief Legal Officer & Corporate Secretary
Comp: $347.36k
Mr. David Grant Kallay (Age 52)
Chief Human Resources Officer
Comp: $347.01k
Mr. David Brunetta C.M.A.
CPA, Director of Investor Relations and Director of Finance & Information Technology

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NOA Stock Analysis - Frequently Asked Questions

Should I buy or sell North American Construction Group stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for North American Construction Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NOA shares.
View NOA analyst ratings or view top-rated stocks.
What is North American Construction Group's stock price target for 2024?: 3 Wall Street research analysts have issued twelve-month target prices for North American Construction Group's shares. Their NOA share price targets range from $39.00 to $39.00. On average, they predict the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 88.9% from the stock's current price.
View analysts price targets for NOA or view top-rated stocks among Wall Street analysts.
How have NOA shares performed in 2024?: North American Construction Group's stock was trading at $20.85 at the beginning of 2024. Since then, NOA stock has decreased by 1.0% and is now trading at $20.65.
View the best growth stocks for 2024 here.
When is North American Construction Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our NOA earnings forecast.
How were North American Construction Group's earnings last quarter?: North American Construction Group Ltd. (NYSE:NOA) announced its quarterly earnings data on Wednesday, March, 13th. The oil and gas company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The oil and gas company earned $239.70 million during the quarter, compared to analysts' expectations of $229.31 million. North American Construction Group had a trailing twelve-month return on equity of 22.18% and a net margin of 6.60%.
How often does North American Construction Group pay dividends? What is the dividend yield for North American Construction Group?: North American Construction Group declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 8th will be given a dividend of $0.074 per share on Friday, April 5th. This represents a $0.30 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Thursday, March 7th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for NOA.

Is North American Construction Group a good dividend stock?: North American Construction Group (NYSE:NOA) pays an annual dividend of $0.29 per share and currently has a dividend yield of 1.41%. The dividend payout ratio is 18.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOA will have a dividend payout ratio of 9.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NOA.
What guidance has North American Construction Group issued on next quarter's earnings?: North American Construction Group issued an update on its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share guidance of 3.120-3.490 for the period, compared to the consensus estimate of 3.350. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.
What other stocks do shareholders of North American Construction Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other North American Construction Group investors own include Micron Technology (MU), Coca-Cola (KO), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Broadcom (AVGO), Pfizer (PFE), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and NVIDIA (NVDA).
How do I buy shares of North American Construction Group?: Shares of NOA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NOA) was last updated on 4/18/2024 by MarketBeat.com Staff

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North American Construction Group (NOA) Stock Price, News & Analysis

North American Construction Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About North American Construction Group Stock (NYSE:NOA)

NOA Stock Price History

NOA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

NOA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™