Aecon Group Inc. (TSX: ARE)

Canada flag Canada · Delayed Price · Currency is CAD
16.95
+0.08 (0.47%)
May 6, 2024, 4:00 PM EDT
33.89%
Market Cap 1.06B
Revenue (ttm) 4.38B
Net Income (ttm) 165.21M
Shares Out 62.27M
EPS (ttm) 2.00
PE Ratio 7.85
Forward PE 22.62
Dividend 0.75 (4.40%)
Ex-Dividend Date Mar 21, 2024
Volume 461,390
Open 16.96
Previous Close 16.87
Day's Range 16.85 - 17.15
52-Week Range 8.42 - 17.40
Beta 1.19
Analysts n/a
Price Target 19.63 (+15.81%)
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]

Sector Industrials
Founded 1867
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol ARE
Full Company Profile

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 Statements

News

Aecon Group Inc. 2024 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Aecon Group Inc.

11 days ago - Seeking Alpha

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.

12 days ago - GlobeNewsWire

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...

24 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

3 months ago - Benzinga

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.

4 months ago - Seeking Alpha

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.

4 months ago - Seeking Alpha

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...

4 months ago - Benzinga

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.

5 months ago - Seeking Alpha

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...

5 months ago - Benzinga

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.

5 months ago - Seeking Alpha

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.

5 months ago - Seeking Alpha

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

5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

Aecon Group Inc. 2023 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Aecon Group Inc.

6 months ago - Seeking Alpha

Unveiling the Dividend Performance of Aecon Group Inc

Unveiling the Dividend Performance of Aecon Group Inc

8 months ago - GuruFocus