Aecon Group Inc. (TSX: ARE)
Market Cap | 872.35M |
Revenue (ttm) | 4.38B |
Net Income (ttm) | 165.21M |
Shares Out | 62.27M |
EPS (ttm) | 2.00 |
PE Ratio | 7.90 |
Forward PE | 22.62 |
Dividend | 0.75 (5.35%) |
Ex-Dividend Date | Jun 21, 2024 |
Volume | 1,527,006 |
Open | 16.00 |
Previous Close | 16.98 |
Day's Range | n/a |
52-Week Range | 8.42 - 17.40 |
Beta | 1.16 |
Analysts | n/a |
Price Target | 19.41 (+38.54%) |
Earnings Date | Jul 24, 2024 |
About Aecon Group
Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operati... [Read more]
Financial Performance
In 2023, Aecon Group's revenue was 4.64 billion, a decrease of -1.12% compared to the previous year's 4.70 billion. Earnings were 161.89 million, an increase of 432.87%.
Financial StatementsNews
Aecon Group downgraded to Market Perform at BMO on cash-flow pressures
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Aecon Utilities acquires electrical distribution utility contractor Xtreme Powerline
TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that its subsidiary, Aecon Utilities Group Inc. (“Aecon Utilities”), has acquired a ma...
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Aecon announces mutually agreeable global settlement agreement over Coastal GasLink Pipeline Project dispute and interim update on remaining legacy projects
TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that SA Energy Group (a general partnership of Aecon Construction Group Inc. and Robert B. Somerville C...
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Aecon schedules second quarter 2024 financial results release and conference call
TORONTO, June 13, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2024 financial results on Wednesday, July 24, 2024 after market clo...
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Aecon announces voting results of Annual General Meeting and the election of three new members to Board of Directors
TORONTO, June 04, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that the nominees listed in the Management Information Circular dated May 2, 2024 were...
Aecon Group Inc. (AEGXF) Q1 2024 Earnings Call Transcript
Aecon Group Inc. 2024 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Aecon Group Inc.
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Aecon reports first quarter 2024 results
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the first quarter of 2024.
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Aecon consortium selected as preferred proponent for the stations contract on the Surrey Langley SkyTrain Project
TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that South Fraser Station Partners, a consortium comprised of Aecon, Acciona and Pome...
![](https://cdn.snapi.dev/images/v1/p/r/press5-2342967.jpg)
Aecon consortium selected to redevelop the Cyril E. King Airport and Henry E.
TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that VIports Partners (“VIports”), an Aecon-led consortium, has been selected by the U.S. Virgin Islan...
![](https://cdn.snapi.dev/images/v1/c/o/conf10-2339637.jpg)
Aecon schedules first quarter 2024 financial results release and conference call
TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2024 financial results on Wednesday, April 24, 2024 after market cl...
Aecon Group Inc. (AEGXF) Q4 2023 Earnings Call Transcript
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Aecon consortium partners with Metrolinx as new operations and maintenance partner for GO Transit service
TORONTO , Jan. 24, 2024 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon") announced today that ONxpress Operations Inc. ("OOI"), a member of ONxpress Transportation Partners ("ONxpress"), will serve as t...
Aecon Group repays its convertible debentures
Aecon Group repays $184M principal on convertible debentures due 2023, settling all liabilities and unpaid interest for December 2023.
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Aecon awarded $200M contract to replace condensers, feedwater heaters by Dominion Energy
Aecon Group secures $200M contract from Dominion Energy for replacement of condensers and feedwater heaters at North Anna Power Station in Virginia.
![](https://mma.prnewswire.com/media/2306526/Aecon_Group_Inc__Aecon_awarded_contract_for_the_replacement_of_C.jpg)
Aecon awarded contract for the replacement of Condensers and Feedwater Heaters at the Dominion Energy North Anna Power Station in Virginia
TORONTO , Dec. 21, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has been awarded a US$200 million contract by Dominion Energy for the replacement of Condensers and Feedwater Heate...
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Aecon Group: Buy This 'Baby Brookfield' Yielding 6%
Recent investment by Oaktree Capital improves Aecon's capital position and shows external confidence in the company. Read why AEGXF stock is a Moderate Buy.
![](https://mma.prnewswire.com/media/2301798/Aecon_Group_Inc__Aecon_awarded_contract_for_the_Eglinton_Crossto.jpg)
Aecon awarded contract for the Eglinton Crosstown West Extension Elevated Guideway project in Ontario
TORONTO , Dec. 15, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it has been awarded a $290 million design-build contract by the Ontario government for the Eglinton Crosstown West Ext...
Maple Leaf Foods picks Aecon Group CFO David Smales as finance chief
David Smales appointed as CFO of Maple Leaf Foods, succeeding Geert Verellen, effective January 29, 2024.
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Aecon announces departure of finance chief David Smales
Aecon Group CFO, David Smales, resigns to pursue new opportunities, with effective departure set for January 2024.
Aecon Group Inc. raises quarterly dividend by 5.7% to CAD 0.185/share
Aecon Group Inc. (ARE:CA) declares CAD 0.185/share quarterly dividend, 5.7% increase from prior dividend of CAD 0.175. Forward yield 4.69% Payable Jan. 3; for s
Aecon Group Inc. (AEGXF) Q3 2023 Earnings Call Transcript
Aecon Group Inc. (OTCPK:AEGXF) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ETCompany ParticipantsAdam Borgatti - Senior Vice President of...
Aecon Group Inc. 2023 Q3 - Results - Earnings Call Presentation
The following slide deck was published by Aecon Group Inc.
Unveiling the Dividend Performance of Aecon Group Inc
Unveiling the Dividend Performance of Aecon Group Inc