Aecon Group Inc. (TSX:ARE)

Canada flag Canada · Delayed Price · Currency is CAD
49.25
+4.02 (8.89%)
Aug 4, 2026, 4:00 PM EST
Market Cap3.10B +159.1%
Revenue (ttm)5.96B +21.5%
Net Income-65.28M
EPS-1.01
Shares Out 68.53M
PE Ration/a
Forward PE24.95
Dividend0.77 (1.70%)
Ex-Dividend DateSep 22, 2026
Volume866,757
Open46.60
Previous Close45.23
Day's Range46.60 - 50.00
52-Week Range17.06 - 57.72
Beta1.23
AnalystsBuy
Price Target57.00 (+15.74%)
Earnings DateJul 30, 2026

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 industrial infrastructure market sectors. The Concessions segment engages in the development, financing, building, and operation of constru... [Read more]

Founded 1867
Employees 8,785
Stock Exchange Toronto Stock Exchange
Ticker Symbol ARE
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for ARE stock is "Buy." The 12-month stock price target is $57.00, which is an increase of 15.74% from the latest price.

Price Target
$57.00
(15.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Aecon Group price target lowered to C$59 from C$60 at Stifel

Stifel lowered the firm’s price target on Aecon Group (AEGXF) to C$59 from C$60 and keeps a Buy rating on the shares.

5 hours ago - TheFly

Aecon Group Q2 Earnings Call Highlights

Aecon Group TSE: ARE reported record quarterly revenue and a sharp increase in adjusted EBITDA for the second quarter of 2026, while reaffirming its expectation for double-digit revenue growth this ye...

3 days ago - MarketBeat

Aecon Group Q2 Earnings Call Highlights

Aecon Group (TSE:ARE) reported record quarterly revenue and a sharp increase in adjusted EBITDA for the second quarter of 2026, while reaffirming its expectation for double-digit revenue growth this y...

3 days ago - Nasdaq

Aecon Group Earnings Call Transcript: Q2 2026

Record Q2 revenue and EBITDA growth were driven by strong performance in construction and utilities, with a robust backlog and major project wins supporting a positive outlook for double-digit revenue growth in 2026. Margin stabilization and disciplined capital allocation underpin future profitability.

4 days ago - Transcripts

Aecon Group Earnings release: Q2 2026

Aecon Group released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.

4 days ago - Filings

Aecon Group Registration statement: Q2 2026

Aecon Group filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.

4 days ago - Filings

Aecon Group Registration statement: Q2 2026

Aecon Group filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.

4 days ago - Filings

Aecon Group Slides: Q2 2026

Aecon Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 31, 2026.

4 days ago - Filings

Aecon celebrates delivery of the Gordie Howe International Bridge project

- First Ontario-Michigan land border crossing delivered in 60 years to open on July 27 -  TORONTO, July 24, 2026 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon”) was pleased to join Bridging ...

11 days ago - GlobeNewsWire

$815M North End sewage plant upgrade contract awarded to Aecon-led consortium

A consortium led by Aecon Group Inc. has won an $815-million contract for a sewage plant upgrade project in Winnipeg.

18 days ago - CBC News

Aecon Consortium Bags C$815 Mln Contract From City Of Winnipeg

(RTTNews) - Aecon Group Inc.(ARE.TO) said on Friday that Red River Biosolids Partners, an Aecon-led consortium with MWH Constructors and Oscar Renda Contracting, has received a C$815 million contract ...

18 days ago - Nasdaq

Southland JV awared Winnipeg North End treatment plan upgrade

Southland Holdings (SLND) announced that Red River Biosolids Partners, a joint venture comprised of Aecon (AEGXF), MWH Constructors, and Oscar Renda Contracting of Canada, a Southland subsidiary, in w...

18 days ago - TheFly

Aecon Group price target raised to C$60 from C$54 at Stifel

Stifel analyst Ian Gillies raised the firm’s price target on Aecon Group (AEGXF) to C$60 from C$54 and keeps a Buy rating on the shares.

19 days ago - TheFly

Aecon consortium selected as preferred proponent for the Roberts Bank Terminal 2 – Landmass and Wharf progressive design-build project in British Columbia

TORONTO, July 13, 2026 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that TerraMarine, an Aecon consortium with FlatironDragados Canada Inc., Van Oord, and Carlson Construc...

22 days ago - GlobeNewsWire

Aecon Group upgraded to Outperform from Market Perform at Raymond James

Raymond James analyst Frederic Bastien upgraded Aecon Group (AEGXF) to Outperform from Market Perform with a price target of C$60, up from C$52, following the company’s selection to build a…

4 weeks ago - TheFly

Aecon Group price target lowered to C$61 from C$62 at TD Securities

TD Securities lowered the firm’s price target on Aecon Group (AEGXF) to C$61 from C$62 and keeps a Buy rating on the shares.

5 weeks ago - TheFly

Aecon Group upgraded to Buy from Hold at Stifel

Stifel analyst Ian Gillies upgraded Aecon Group (AEGXF) to Buy from Hold with a price target of C$54, up from C$46, after the company repurchased Oaktree’s 27.5% interest in Aecon…

5 weeks ago - TheFly

Aecon Announces Agreement to Purchase Preferred Shares of Aecon Utilities

TORONTO, June 25, 2026 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") announced today that it has entered into an agreement to purchase the convertible preferred equity inv...

5 weeks ago - GlobeNewsWire

Aecon Group Transcript: AGM 2026

The AGM featured the transition of board leadership, recognition of John M. Beck’s legacy, and strong shareholder support for all resolutions. Record revenue and backlog were driven by strategic acquisitions, a shift to power projects, and collaborative contract models, positioning the company for continued growth.

2 months ago - Transcripts

Aecon Group Slides: Investor presentation

Aecon Group has posted slides in relation to its latest quarterly earnings report, which was published on May 20, 2026.

2 months ago - Filings

Aecon Group price target raised to C$62 from C$59 at TD Securities

TD Securities analyst Michael Tupholme raised the firm’s price target on Aecon Group (AEGXF) to C$62 from C$59 and keeps a Buy rating on the shares.

3 months ago - TheFly

Aecon Group price target raised to C$52 from C$48 at CIBC

CIBC raised the firm’s price target on Aecon Group (AEGXF) to C$52 from C$48 and keeps a Neutral rating on the shares.

3 months ago - TheFly

Aecon Group price target raised to C$49 from C$44 at RBC Capital

RBC Capital raised the firm’s price target on Aecon Group (AEGXF) to C$49 from C$44 and keeps a Sector Perform rating on the shares.

3 months ago - TheFly

Aecon Group price target raised to C$56 from C$52 at Canaccord

Canaccord analyst Yuri Lynk raised the firm’s price target on Aecon Group (AEGXF) to C$56 from C$52 and keeps a Buy rating on the shares.

3 months ago - TheFly

Aecon Group price target raised to C$46 from C$44.50 at Stifel

Stifel raised the firm’s price target on Aecon Group (AEGXF) to C$46 from C$44.50 and keeps a Hold rating on the shares.

3 months ago - TheFly