|Bid||17.72 x N/A|
|Ask||17.74 x N/A|
|Day's Range||17.53 - 17.88|
|52 Week Range||16.62 - 21.83|
|Beta (5Y Monthly)||0.40|
|PE Ratio (TTM)||14.34|
|Earnings Date||Mar. 03, 2020|
|Forward Dividend & Yield||0.58 (3.31%)|
|Ex-Dividend Date||Dec. 22, 2019|
|1y Target Est||25.00|
Dividend paying stocks like Aecon Group Inc. (TSE:ARE) tend to be popular with investors, and for good reason - some...
TORONTO , Jan. 10, 2020 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that effective immediately, John M. Beck , Founder, former Chief Executive Officer and Executive Chairman has transitioned to the role of non-executive Chairman. Jean-Louis Servranckx , President and Chief Executive Officer, will assume full executive responsibility and will be fully supported by Mr. Beck and the Board. As part of the transition, Mr. Beck's formal employment with the Company will cease and, as a result, Mr. Beck will receive 36 months' salary and short-term incentive plan entitlements and other benefits in accordance with his employment agreement.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
Aecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Project in British Columbia
TORONTO, Dec. 17, 2019 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) announced today that it has been awarded three significant contracts with an aggregate value of $690 million. Aecon's share of the three projects is valued at $420 million and will be added to its Construction segment backlog in the fourth quarter of 2019. SA Energy Group, a 50/50 joint venture between Aecon and Robert B. Somerville Co. Limited, has been awarded a contract by Trans Mountain Corporation to execute pipeline construction on Spread 1 of the Trans Mountain Expansion Project.
Canadians should find companies with strong revenue growth and solid dividend histories like Aecon Group Inc (TSX:ARE) to add to their stock market positions.
MONTREAL — Aecon Group Inc. says profits stayed flat last quarter after construction and nuclear projects drove adjusted earnings that slightly topped analysts' expectations.The Toronto-based company says net income nudged up 0.2 per cent year over year to $42.1 million in its third quarter, driven by the construction segment's slightly higher revenues in civil operations and urban transportation systems.Nuclear refurbishment work in Ontario also helped offset lower industrial revenues that stemmed from the sale of a contract mining business last November and less work on pipeline projects in Western Canada.Revenue for the three months ended Sept. 30 rose to $1.02 billion, one per cent higher than during the same period in 2018.On an adjusted basis, earnings per diluted share stayed flat at 60 cents, beating analysts' expectations of 58 cents, according to financial markets data firm Refinitiv.Aecon says it booked new contracts worth $827 million last quarter versus $1.58 billion a year earlier, resulting in a current backlog of $6.56 billion compared with $7.01 billion in the third quarter of 2018.This report by The Canadian Press was first published Oct. 31, 2019.Companies in this story: (TSX:ARE)The Canadian Press
Announces Normal Course Issuer Bid TORONTO , Oct. 31, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the third quarter of 2019, with year-over-year growth in revenue, Adjusted EBITDA ...
WSP Global Inc (TSX:WSP) and Aecon Group Inc (TSX:ARE) are two attractive and less-risky alternatives in the engineering and construction space.
Today we'll look at Aecon Group Inc. (TSE:ARE) and reflect on its potential as an investment. In particular, we'll...
TORONTO , Sept. 26, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2019 financial results on Thursday, October 31, 2019 after market close, and has ...
TORONTO , July 26, 2019 /CNW/ - Trading resumes in: Company: Aecon Group Inc. TSX Symbol: ARE (All Issues) Resumption (ET): 8:00 AM IIROC can make a decision to impose a temporary suspension (halt) of ...
TORONTO , July 25, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Aecon Group Inc. TSX Symbol: ARE (All Issues) Reason: Pending News Halt Time (ET): 4:02 PM IIROC can make a decision ...