|Bid||14.37 x N/A|
|Ask||14.40 x N/A|
|Day's Range||14.11 - 14.40|
|52 Week Range||10.94 - 21.83|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||13.07|
|Earnings Date||Apr 23, 2020|
|Forward Dividend & Yield||0.64 (4.46%)|
|Ex-Dividend Date||Mar 20, 2020|
|1y Target Est||22.44|
NEW YORK, NY / ACCESSWIRE / April 24, 2020 / Aecon Group, Inc. (TSX:ARE.TO) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 24, 2020 at 10:00 AM ...
TORONTO , March 30, 2020 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that it is withdrawing its outlook for 2020 as the Company evaluates the impact of the temporary slowing or suspension of work on several Aecon projects in multiple jurisdictions due to directives recently issued by clients and governments in light of the COVID-19 pandemic, as well as the deferral of certain project procurement processes in the Company's bidding pipeline. As at March 30, 2020 , Aecon had $74 million of cash on hand (excluding cash in joint ventures and restricted cash), and a committed revolving credit facility of $600 million , of which $105 million was utilized (primarily for letters of credit).
To the annoyance of some shareholders, Aecon Group (TSE:ARE) shares are down a considerable 33% in the last month...
TORONTO , Feb. 10, 2020 /CNW/ - Aecon Group Inc. (ARE.TO) announced today that Fraser Crossing Partners has reached financial close on the Pattullo Bridge Replacement Project in British Columbia . Fraser Crossing Partners, selected by the Province of British Columbia to design, build and partially finance the project, is a 50/50 joint venture between Aecon and Acciona. Aecon's share of the contract value will be added to its Construction segment backlog in the first quarter of 2020.
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. (ARE.TO) 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.
Today we'll look at Aecon Group Inc. (TSE:ARE) and reflect on its potential as an investment. In particular, we'll...