|Bid||35.53 x 0|
|Ask||35.54 x 0|
|Day's Range||35.51 - 36.29|
|52 Week Range||26.67 - 36.29|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||28.24|
|Forward Dividend & Yield||0.58 (1.65%)|
|1y Target Est||N/A|
Stantec today outlined its three-year strategic plan for the years 2020 to 2022. Stantec also announced several appointments to, and a retirement from, its executive team, as well as its financial guidance for 2020.
Siemens has selected global design firm Stantec to design and engineer two new SeaFloat power barges for the Gowanus Generation Station in Brooklyn, New York. Four existing barges with a total of 32 older generating units will be phased out and replaced with two barges, each outfitted with four SGT-A65 Combustion Turbine Generators, for a total gross power output of approximately 600 MW. In addition to providing a source of cleaner, more efficient energy to millions of New Yorkers, the new barges will ensure a resilient, reliable power supply, taking advantage of the unique position the existing barges hold on the Gowanus Canal.
Stantec will release its three-year strategic plan before markets open on Tuesday, December 3rd, 2019. Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will then host a webcast presentation at 7:00 AM MST to provide additional details about the strategic plan and to answer questions.
The Sheikh Shakhbout Medical City (SSMC), one of the 10 largest hospitals in the United Arab Emirates (UAE), opened its doors recently, marking the completion of a 10-year, 3.2-million square foot project. Leading global design firm Stantec led the master planning, architectural, interior, and landscape design of this flagship institution for the Abu Dhabi Health Services Company (SEHA).
Stantec Inc. (“Stantec”) announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) respecting the renewal of its Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB documentation filed with the TSX, Stantec may purchase up to 5,559,313 common shares, representing approximately 5% of Stantec’s 111,186,279 issued and outstanding common shares as of October 31, 2019.
Penn State University, in partnership with Lightsource BP, has broken ground on the largest solar project in the state of Pennsylvania. The project is expected to provide 25 percent of the university’s electricity, at a savings of over $14 million, over the next 25 years. Lightsource BP will build, own and operate the facility and sell the electricity to Penn State under a long-term power sales contract.
Stantec will release its financial results for the third quarter 2019 after market close on Wednesday, November 6, 2019. Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will hold a conference call at 7:00 AM MST on Thursday, November 7, 2019 to discuss the Company’s third quarter performance.
Stantec has been selected to provide design services for the estimated $90 million expansion of the Barry Rose Water Reclamation Facility (WRF) which will support rapid population growth and future resiliency needs in the City of Pearland, Texas. As part of the project, Stantec has been retained to decommission the Longwood WRF and divert the Longwood flows to the expanded Barry Rose facility via a new lift station and approximately 25,000 linear feet of forcemain.
VANCOUVER, July 8, 2019 /CNW/ - Nextleaf Solutions Ltd. ("Nextleaf", "OILS" or the "Company") (CSE: OILS) (OTC: OILFF) (Frankfurt: L0MA) today announced that it has added Mr. Tim Gillis to its Board of Directors, effective immediately. Mr. Gillis most recently led STI Technologies Limited ("STI"), a leading healthcare technology company which connects physicians, patients, pharmacy and pharma with a variety of intelligent reimbursement solutions that empower choice amongst healthcare professionals and patients, ultimately improving patient outcomes.
Parsons, a subcontractor to the Leidos Antarctic Support Contract, has selected Stantec, through a competitive process, as the lead designer and design manager on a design-build team to handle design, architecture leadership, and interiors-planning assessments for the National Science Foundation’s (NSF’s) Antarctic Infrastructure Modernization for Science (AIMS) project.
The New York Proton Therapy Center, the first facility of its kind in the state, reached a significant milestone on June 6, with project partners celebrating the center’s completion in New York City. The $300 million facility, eight years in the making, will offer advanced cancer care to patients in the Tri-State area. Stantec, a leading global design firm recognized for its Particle Therapy Center of Excellence, led the architectural and interior design of the state-of-the-art, 135,000 square foot facility with four treatment rooms and one research room.
Stantec—as a senior member of the Westside Extension Support Team (WEST) joint venture—is providing construction management support services to assist the Los Angeles County Metropolitan Transportation Authority (Metro) in overseeing the design-build station and tunnel contracts, and design-bid-build utility contracts for the high-priority Purple Line Extension project, which celebrated a major milestone on June 2—the halfway completion mark for construction on Section 1, the first four-mile subway section between Koreatown and Beverly Hills. The project, which comprises three different construction sections, is set to significantly improve mobility between downtown Los Angeles and West Los Angeles. Stantec’s services include administration of the construction contracts and documenting that construction is completed safely and to Metro’s contract specifications.
The Calgary Municipal Land Corporation (CMLC) and the Calgary Stampede have selected Stantec, Populous, and S2 to serve as the primary consultants for the $500-million BMO Centre expansion project in Calgary, Alberta. The project is part of a large-scale enhancement to Calgary’s iconic Stampede Park, and will spark development of Calgary’s emerging Culture & Entertainment District.
Stantec Inc. held its annual general meeting of shareholders in Edmonton on May 10, 2019. A total of approximately 87,756,453 shares were represented in person or by proxy.
Stantec today announced its financial results for the quarter ended March 31, 2019. “Our solid first-quarter performance reflects our continued focus on organic and acquisition growth,” said Stantec president and chief executive officer Gord Johnston.
Stantec Inc. has received approval from the Toronto Stock Exchange respecting an amendment of its previously approved Normal Course Issuer Bid (“NCIB”) to increase the maximum number of common shares Stantec may repurchase for cancellation under the NCIB from 2,273,879 (or 2% of Stantec’s issued and outstanding shares as of October 31, 2018), to 5,684,699 common shares (or 5% of Stantec’s shares as of October 31, 2018).
Stantec today announced its financial results for the quarter and year ended December 31, 2018. “For Stantec, 2018 was a year of transition as we returned to our core business as a pure-play design consulting firm,” said Gord Johnston, Stantec’s president and chief executive officer.
The University of California, Davis, (UC Davis) breaks ground today on a new student housing complex that will add nearly 3,300 beds to the university’s West Village neighborhood. With its first 1,000 beds expected to be delivered by the start of the Fall 2020 academic year, the UC Davis project is currently the largest student housing development in the US. The Michaels Organization is the developer for the West Village project and recently announced the successful closing of $575 million in financing.