View ValuationBird Construction 将来の成長Future 基準チェック /46Bird Constructionは、49.2%と15.8%でそれぞれ年率49.2%で利益と収益が成長すると予測される一方、EPSはgrowで50.1%年率。主要情報49.2%収益成長率50.09%EPS成長率Construction 収益成長11.0%収益成長率15.8%将来の株主資本利益率n/aアナリストカバレッジGood最終更新日25 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • May 21Dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 29th May 2026 Payment date: 19th June 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is well covered by cash flows (36% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.6% to bring the payout ratio under control. EPS is expected to grow by 239% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €36.58, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 600% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.73 per share.お知らせ • May 14Bird Construction Inc. Declares Dividends for June 2026 and July 2026Bird Construction Inc. Board has declared eligible dividends of CAD 0.07 per common share for each of June 2026 and July 2026.お知らせ • Apr 08Bird Construction Inc. to Report Q1, 2026 Results on May 13, 2026Bird Construction Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026お知らせ • Mar 14+ 1 more updateBird Construction Inc. announces Monthly dividend, payable on April 20, 2026Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on April 20, 2026, ex-date on March 31, 2026 and record date on March 31, 2026.お知らせ • Feb 25Bird Construction Inc., Annual General Meeting, May 13, 2026Bird Construction Inc., Annual General Meeting, May 13, 2026.お知らせ • Feb 06Bird Construction Inc. to Report Q4, 2025 Results on Mar 11, 2026Bird Construction Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026お知らせ • Nov 20+ 3 more updatesBird Construction Inc. announces Monthly dividend, payable on December 19, 2025Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on December 19, 2025, ex-date on November 28, 2025 and record date on November 28, 2025.お知らせ • Oct 15Bird Construction Inc. (TSX:BDT) completed the acquisition of Fraser River Pile & Dredge (GP) Inc.Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million on September 3, 2025. The purchase price is subject to customary adjustments and will be funded through a new term debt facility and will be acquired on a cash-free, debt-free basis. Following the completion, the transaction is expected to be accretive to Bird’s Adjusted Earnings Per Share by approximately 7% on a full-year basis compared to 2025 consensus estimates. The transaction is subject to approval under the Competition Act (Canada) and satisfaction of other customary closing conditions and is expected to be completed early in the fourth quarter of 2025. Osler, Hoskin & Harcourt LLP acted as legal advisor and Raymond James Ltd. acted as financial advisor for Bird Construction Inc. Bird Construction Inc. (TSX:BDT) completed the acquisition of Fraser River Pile & Dredge (GP) Inc. on October 14, 2025.お知らせ • Oct 10Bird Construction Inc. to Report Q3, 2025 Results on Nov 12, 2025Bird Construction Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025お知らせ • Sep 04Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million.Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million on September 3, 2025. The purchase price is subject to customary adjustments and will be funded through a new term debt facility and will be acquired on a cash-free, debt-free basis. Following the completion, the transaction is expected to be accretive to Bird’s Adjusted Earnings Per Share by approximately 7% on a full-year basis compared to 2025 consensus estimates. The transaction is subject to approval under the Competition Act (Canada) and satisfaction of other customary closing conditions and is expected to be completed early in the fourth quarter of 2025. Osler, Hoskin & Harcourt LLP acted as legal advisor and Raymond James Ltd. acted as financial advisor for Bird Construction Inc.お知らせ • Aug 28+ 2 more updatesBird Construction Inc. announces Monthly dividend, payable on October 20, 2025Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on October 20, 2025, ex-date on September 29, 2025 and record date on September 30, 2025.お知らせ • Jul 04Bird Construction Inc. to Report Q2, 2025 Results on Aug 13, 2025Bird Construction Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025お知らせ • May 22+ 2 more updatesBird Construction Inc. announces Monthly dividend, payable on June 20, 2025Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on June 20, 2025, ex-date on May 30, 2025 and record date on May 30, 2025.お知らせ • Apr 18Bird Construction Inc. to Report Q1, 2025 Results on May 14, 2025Bird Construction Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025お知らせ • Mar 13Bird Construction Inc. Declares Dividend for March 2025 and April 2025The Board of Bird Construction Inc. has declared eligible dividends of $0.07 per common share for each of March 2025 and April 2025.お知らせ • Feb 27Bird Construction Inc., Annual General Meeting, May 14, 2025Bird Construction Inc., Annual General Meeting, May 14, 2025.お知らせ • Feb 05Bird Construction Inc. to Report Q4, 2024 Results on Mar 12, 2025Bird Construction Inc. announced that they will report Q4, 2024 results After-Market on Mar 12, 2025お知らせ • Nov 27Bird Construction Inc. Appoints Evelyn Angelle to its Board of DirectorsBird Construction Inc. announced the appointment of Evelyn Angelle to its Board of Directors, effective immediately. Ms. Angelle will fill a vacancy on the Board, bringing the total number of directors to 10. Ms. Angelle, a private investor, philanthropist and director, joins the Board with a distinguished background in public company finance and public accounting, having held senior leadership positions at Halliburton Company after a 15-year career in the audit practice of Ernst & Young LLP. A certified public accountant in Texas and certified management accountant, Ms. Angelle’s expertise will be instrumental as Bird continues to pursue its strategic growth initiatives. Ms. Angelle will immediately join the Board’s Audit Committee and Health, Safety and Environment Committee. Mr. Richard Bird will continue to serve as Audit Committee Chair in an interim capacity. Ms. Angelle is an independent corporate director. She currently serves as a director of Forum Energy Technologies Inc., where she chairs the Audit Committee and is a member of the Nominating, Governance and Sustainability Committee. Ms. Angelle also serves as a member of the Board of Directors, and as a member of the Audit Committee, of STEP Energy Services Ltd. Ms. Angelle serves on the Board of Managers of Amp Americas II Holdings LLC, where she chairs the Audit Committee. Through her career, Ms. Angelle served in numerous executive roles, including as Executive Vice President and Chief Financial Officer of BJ Services Company LLC, and Senior Vice President, Supply Chain, for Halliburton. Prior to that, she served as Senior Vice President and Chief Accounting Officer, and Vice President of Investor Relations, both with Halliburton. Before joining Halliburton, Ms. Angelle worked for 15 years in the audit practice of Ernst & Young LLP. She is a graduate of St. Mary’s College (Notre Dame), where she holds a degree in Accounting. Additionally, she holds a certificate in Cyber Security Oversight from Carnegie Mellon University. Beyond her corporate roles, Ms. Angelle is actively engaged in charitable organizations, serving on the Board of Directors and executive committees of Junior Achievement of Southeast Texas and Junior Achievement USA. Ms. Angelle is a member of the National Association of Corporate Directors, where she was awarded the distinguished Board Leadership Fellow designation.Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: CA$0.66 (vs CA$0.54 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.66 (up from CA$0.54 in 3Q 2023). Revenue: CA$898.9m (up 15% from 3Q 2023). Net income: CA$36.2m (up 26% from 3Q 2023). Profit margin: 4.0% (up from 3.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Oct 20Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st October 2024 Payment date: 20th November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €19.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 222% over the past three years.お知らせ • Oct 09Bird Construction Inc. Increases Monthly Dividend, Payable on December 20, 2024Bird Construction Inc. Board of Directors has approved a $0.0233 increase in its monthly dividend effective for the November 29, 2024 dividend, payable on December 20, 2024. The increased monthly dividend will be $0.07 per share, corresponding to an annual dividend rate of $0.84 per share.お知らせ • Oct 02Bird Construction Inc. to Report Q3, 2024 Results on Nov 05, 2024Bird Construction Inc. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024Declared Dividend • Sep 29Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st October 2024 Payment date: 20th November 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 20Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%).Declared Dividend • Sep 01Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 27th September 2024 Payment date: 18th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Aug 16Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 30th August 2024 Payment date: 20th September 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: CA$0.40 (vs CA$0.26 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.40 (up from CA$0.26 in 2Q 2023). Revenue: CA$873.5m (up 27% from 2Q 2023). Net income: CA$21.4m (up 56% from 2Q 2023). Profit margin: 2.4% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 08+ 1 more updateBird Construction Inc. Declares Dividends for Each of August 2024, September 2024 and October 2024The board of Bird Construction Inc. has declared eligible dividends of $0.0467 per common share for each of August 2024, September 2024 and October 2024.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €15.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 197% over the past three years.New Risk • Aug 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).お知らせ • Aug 02Bird Construction Inc. (TSX:BDT) completed the acquisition of Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob for approximately CAD 140 million.Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob for approximately CAD 140 million on June 10, 2024. The estimated aggregate consideration of CAD135 million is subject to customary purchase price adjustments and consists of: 1.49 million common equity of Bird Construction Inc. to be issued for common equity of Jacob Bros Construction Inc. Approximately CAD 97.2 million of cash, funded through existing cash on hand as well as short-term and long-term debt under the Company’s credit facilities; and An estimated CAD 4.0 million of assumed equipment debt. Other than the assumption of equipment debt, Jacob Bros will be acquired on a cash-free, debt-free basis. Jacob Bros’ two shareholders, Scott Jacob, Chief Executive Officer and Todd Jacob, Chief Operating Officer, will join Bird to lead the combination of Bird’s Western Infrastructure business and their existing business. In connection with the transaction, Bird also amended its Syndicated Credit Facility, extending the maturity date to December 15, 2027. The amendments included the replacement of existing term loan facilities with a new approximately CAD 130 million term loan facility to be used to repay existing term loans and partially fund the acquisition. Following close, the Transaction is expected to be accretive to Bird's Adjusted Earnings Per Share by approximately 10% on a full-year basis. Accretion would be further enhanced by future synergies including cross-selling opportunities. For full year 2024, Jacob Bros is expected to generate approximately CAD 300 million of revenue and CAD 37 million of Adjusted EBITDA. The Transaction is subject to approval under the Competition Act (Canada), approval of the Toronto Stock Exchange, and satisfaction of other customary closing conditions. These include, but are not limited to the ability of Bird and Jacob Bros to obtain all necessary regulatory and third party approvals and satisfy all other necessary conditions to closing of the Transaction on a timely basis or at all. Subject to the satisfaction of these conditions, the Transaction is expected to close early in the third quarter of 2024. Raymond James Ltd. is acting as exclusive financial advisor to Bird and Osler Hoskin & Harcourt LLP is acting as legal counsel to Bird. Corbin Advisors LLC is acting as a strategic communications advisor to Bird. Bird Construction Inc. (TSX:BDT) completed the acquisition of Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob on August 1, 2024.Upcoming Dividend • Jul 24Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 20 August 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).お知らせ • Jul 18Bird Construction Inc. Announces Demise of Karyn A Brooks, Chair of Audit CommitteeBird Construction Inc. announced with profound sadness the passing of Karyn A. Brooks, who served as the Chair of the Audit Committee. Ms. Brooks passed away last week at the age of 70. Ms. Brooks was a highly respected member of the Bird Construction Inc. Board of Directors, bringing exceptional expertise and dedication to the role of Audit Committee Chair. She joined the Board in 2017, and her leadership and insight were instrumental in overseeing the company’s financial reporting and compliance. The Board will meet in the coming weeks to appoint an interim Audit Committee Chair and discuss the recruitment of a new Director.お知らせ • Jul 13Bird Construction Inc. to Report Q2, 2024 Results on Aug 07, 2024Bird Construction Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024Declared Dividend • Jun 30Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st July 2024 Payment date: 20th August 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 33% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €17.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 240% over the past three years.New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).Declared Dividend • Jun 02Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 28th June 2024 Payment date: 19th July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 27% over the next year, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sophia Saeed was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • May 19Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st May 2024 Payment date: 20th June 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 16First quarter 2024 earnings released: EPS: CA$0.19 (vs CA$0.096 in 1Q 2023)First quarter 2024 results: EPS: CA$0.19 (up from CA$0.096 in 1Q 2023). Revenue: CA$688.2m (up 28% from 1Q 2023). Net income: CA$9.98m (up 94% from 1Q 2023). Profit margin: 1.5% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 16Bird Construction Inc. Announces Board ChangesBird Construction Inc. announced the election of one new member to its Board of Directors (the "Board"). Ms. Sophia Saeed was elected as a member of the Board following Bird's 2024 Annual Meeting of Shareholders held on May 14, 2024. Ms. Saeed is an independent director and brings valuable experience and expertise to complement the capabilities of the Board. Mr. Arni Thorsteinson announced his retirement from the Board and as such did not seek re-election. Mr. Thorsteinson served on the Board for more than three decades before his retirement, leaving an indelible mark on the Company with his substantial contributions during his impressive tenure. Ms. Sophia Saeed has over 20 years of finance experience, spanning roles in accounting, mergers and acquisition (M&A) advisory, corporate development and investor relations. Ms. Saeed is the Vice President of Investor Relations at a major Canadian financial institution, where she plays a pivotal role in fostering relationships with key stakeholders including investors, equity research analysts and ratings agencies. Prior to moving to Investor Relations, Ms. Saeed held progressively senior roles in M&A advisory during her investment banking career and has a track record of completed international and domestic M&A transactions as a corporate development executive in both the financial services and infrastructure sectors. Ms. Saeed also serves as a director on the board of Family Service Toronto. Ms. Saeed is a Chartered Professional Accountant and has a BA from the University of Toronto and an MBA from the Ivey Business School.Upcoming Dividend • Apr 22Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 29 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%).お知らせ • Apr 12Bird Construction Inc. to Report Q1, 2024 Results on May 14, 2024Bird Construction Inc. announced that they will report Q1, 2024 results After-Market on May 14, 2024Declared Dividend • Mar 28Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 29th April 2024 Payment date: 17th May 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 49% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 20Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 19 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).Recent Insider Transactions • Mar 13Insider recently bought €387k worth of stockOn the 6th of March, Rob Otway bought around 30k shares on-market at roughly €12.89 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €461k more in shares than they have sold in the last 12 months.Reported Earnings • Mar 07Full year 2023 earnings released: EPS: CA$1.33 (vs CA$0.93 in FY 2022)Full year 2023 results: EPS: CA$1.33 (up from CA$0.93 in FY 2022). Revenue: CA$2.80b (up 18% from FY 2022). Net income: CA$71.5m (up 44% from FY 2022). Profit margin: 2.6% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 29Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 27th March 2024 Payment date: 19th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Feb 21Upcoming dividend of CA$0.036 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 20 March 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.1%).お知らせ • Feb 16Bird Construction Inc., Annual General Meeting, May 14, 2024Bird Construction Inc., Annual General Meeting, May 14, 2024.Declared Dividend • Jan 31Dividend of CA$0.036 announcedShareholders will receive a dividend of CA$0.036. Ex-date: 28th February 2024 Payment date: 20th March 2024 Dividend yield will be 2.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 2 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €11.30, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 152% over the past three years.お知らせ • Jan 25Bird Construction Inc. to Report Q4, 2023 Results on Mar 05, 2024Bird Construction Inc. announced that they will report Q4, 2023 results After-Market on Mar 05, 2024お知らせ • Jan 24Bird Construction Inc. Announces the Retirement of Bonnie DuPont as Independent DirectorBird Construction Inc. announced that Ms. Bonnie DuPont has retired from her position as Independent Director on the Board, effective January 15, 2024. Following Ms. DuPont’s retirement, the total number of Board members has been reduced from eleven to ten. Ms. DuPont served on the Board since 2011. As an independent Board member and the Chair of Bird’s Human Resources and Governance Committee, Ms. DuPont oversaw a period of significant modernization of the Company’s executive compensation program. In addition, Ms. DuPont contributed significantly to the maturity of Bird’s governance practices and oversight, building on the Company’s belief that good corporate governance is a pillar of its strategy. A Fellow of the Institute of Corporate Directors (ICD) since 2015, a graduate of the ICD Corporate Directors’ Education Program, and a lecturer in the Directors’ Education Program offered by the ICD, Ms. DuPont brought a robust skill set and deep expertise to the Board during her tenure. Ms. DuPont was named to the top 100 Most Powerful Women in Canada list each year from 2001 to 2006, and in 2007, was inducted into the Top 100 Hall of Fame. In 2008, she was presented with an Honorary Doctor of Laws from the University of Regina and in 2011 was presented with an Honorary Bachelor’s Degree in Technology by the Southern Alberta Institute of Technology. Ms. DuPont also received an Honorary LLD from the University of Calgary in 2017 and is the past chair of the Board of Governors at the University. In 2019, Ms. DuPont was appointed to the Alberta Order of Excellence.Upcoming Dividend • Jan 23Upcoming dividend of CA$0.036 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 20 February 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (3.9%).お知らせ • Jan 19Bird Construction Inc. (TSX:BDT) acquired Assets of NorCan Electric Inc. for CAD 11 million.Bird Construction Inc. (TSX:BDT) acquired Assets of NorCan Electric Inc. for CAD 11 million on January 18, 2024. Bird financed 85% of the purchase price with debt, with the balance coming from Bird treasury shares. The Company is acquiring all customer contracts, NorCan’s share of the NorCan/Infinity Limited Partnership, equipment and other fixed assets, workforce and team providing services to clients. No working capital was acquired as part of the transaction. The transaction is expected to be accretive, enhancing earnings per share by CAD 0.04 in 2024. Bird Construction Inc. (TSX:BDT) completed the acquisition of Assets of NorCan Electric Inc. on January 18, 2024.Upcoming Dividend • Dec 21Upcoming dividend of CA$0.036 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 19 January 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.9%).お知らせ • Dec 13Bird Construction Inc Announce Monthly Dividend, Payable on April 19, 2024Bird Construction Inc. announced that its Board of Directors has approved a $0.13 cent or 30.2% increase in its dividend effective for the March 29, 2024 dividend, payable on April 19, 2024. The dividend increase follows the Board’s approval of the 2024 annual business plan, which anticipates continued accretion in earnings per share and EBITDA through 2024. The increased monthly dividend will be $0.0467 per share, corresponding to an annual dividend rate of $0.56 per share.Upcoming Dividend • Nov 24Upcoming dividend of CA$0.036 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 20 December 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (3.7%).Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: CA$0.54 (vs CA$0.27 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.54 (up from CA$0.27 in 3Q 2022). Revenue: CA$783.8m (up 17% from 3Q 2022). Net income: CA$28.8m (up 99% from 3Q 2022). Profit margin: 3.7% (up from 2.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 08Bird Construction Inc. Declares Dividends for Each of November 2023, December 2023, January 2024 and February 2024Bird Construction Inc. declared eligible dividends of $0.0358 per common share for each of November 2023, December 2023, January 2024 and February 2024.Upcoming Dividend • Oct 23Upcoming dividend of CA$0.036 per share at 4.2% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (4.1%).お知らせ • Oct 11Bird Construction Inc. to Report Q3, 2023 Results on Nov 07, 2023Bird Construction Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023Upcoming Dividend • Sep 21Upcoming dividend of CA$0.036 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.8%).Upcoming Dividend • Aug 23Upcoming dividend of CA$0.036 per share at 4.1% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.0%).Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €6.90, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 92% over the past three years.お知らせ • Aug 10Bird Construction Inc. Declares Eligible Dividend for August, September, and October 2023Bird Construction Inc. declared eligible dividends of $0.0358 per common share for each of August, September and October 2023.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: CA$0.26 (vs CA$0.26 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.26 (down from CA$0.26 in 2Q 2022). Revenue: CA$686.4m (up 19% from 2Q 2022). Net income: CA$13.7m (down 2.8% from 2Q 2022). Profit margin: 2.0% (down from 2.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.Upcoming Dividend • Jul 21Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%).お知らせ • Jun 29Bird Construction Inc. to Report Q2, 2023 Results on Aug 09, 2023Bird Construction Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 09, 2023Upcoming Dividend • Jun 22Upcoming dividend of CA$0.036 per share at 5.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%).お知らせ • May 27Bird Construction Announces the Retirement of Paul Charette as Independent DirectorBird Construction Inc. announced that Mr. Paul Charette has retired from his position as Independent Director on the Board and as such he did not seek re-election at the Company's 2023 Annual General Meeting of Shareholders held on May 9, 2023. Following Mr. Charette's retirement, the total number of Board members has been reduced from twelve to eleven. As a longstanding member of the Board, Mr. Charette has played an integral role in Bird's success story, serving as an Independent Director from 2021 to 2023 and as Chairman of the Board from 2001 to 2021. Joining Bird in 1976 as a Project Coordinator, Mr. Charette's exceptional leadership propelled him to the role of President and Chief Operating Officer in 1988. His visionary approach and dedication further led to his appointment as the President and Chief Executive Officer in 1991, a position he held until his retirement in September 2008. Despite retiring from the executive role, he continued to contribute his expertise and insights to the Board, leaving a lasting impact on Bird's growth and prominence in the construction industry. In addition to providing leadership to Bird, Mr. Charette provided leadership to the construction industry. He has served on a number of industry boards. He was Chair of the Ontario General Contractors Association, Chair of the Toronto Construction Association Advisory Committee and was Chair of the Canadian Construction Association in 2009. Beyond his contributions to Bird, Mr. Charette has been a tireless advocate for college and institute education. Notably, he played a key role in establishing the Bird Construction/Paul and Gerri Charette Endowment Fund in partnership with Colleges and Institutes Canada, which is dedicated to supporting Indigenous students pursuing post-secondary education. The Fund of $200,000 is held in perpetuity with annual disbursements; its first disbursements were made in the 2021-2022 school year.Upcoming Dividend • May 23Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%).Reported Earnings • May 10First quarter 2023 earnings released: EPS: CA$0.10 (vs CA$0.12 in 1Q 2022)First quarter 2023 results: EPS: CA$0.10 (down from CA$0.12 in 1Q 2022). Revenue: CA$536.5m (up 13% from 1Q 2022). Net income: CA$5.15m (down 19% from 1Q 2022). Profit margin: 1.0% (down from 1.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.Upcoming Dividend • Apr 20Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%).Upcoming Dividend • Mar 23Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 April 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%).Reported Earnings • Mar 08Full year 2022 earnings released: EPS: CA$0.93 (vs CA$0.80 in FY 2021)Full year 2022 results: EPS: CA$0.93 (up from CA$0.80 in FY 2021). Revenue: CA$2.38b (up 7.1% from FY 2021). Net income: CA$49.9m (up 17% from FY 2021). Profit margin: 2.1% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year and the company’s share price has also increased by 25% per year.Upcoming Dividend • Feb 20Upcoming dividend of CA$0.033 per share at 4.7% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 20 March 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.9%).お知らせ • Feb 11Bird Construction Inc., Annual General Meeting, May 09, 2023Bird Construction Inc., Annual General Meeting, May 09, 2023.お知らせ • Jan 26Bird Construction Inc. to Report Q4, 2022 Results on Mar 07, 2023Bird Construction Inc. announced that they will report Q4, 2022 results After-Market on Mar 07, 2023Upcoming Dividend • Jan 23Upcoming dividend of CA$0.033 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 17 February 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.8%).Upcoming Dividend • Dec 22Upcoming dividend of CA$0.033 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 20 January 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.1%).お知らせ • Dec 20Bird Construction Inc. Announces for the Month of March 2023, Payable on April 20, 2023Bird Construction Inc. announced that its Board of Directors approved a 10% increase in its dividend, effective with the March monthly dividend payable on April 20, 2023. This follows the Board's approval of the Company's 2023 annual business plan which anticipates significant growth in earnings per share and adjusted EBITDA. The increased monthly dividend will be $0.0358 per share corresponding to an annual dividend rate of $0.43 per share.Upcoming Dividend • Nov 22Upcoming dividend of CA$0.033 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.0%).Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: CA$0.27 (vs CA$0.23 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.27 (up from CA$0.23 in 3Q 2021). Revenue: CA$668.2m (up 7.6% from 3Q 2021). Net income: CA$14.5m (up 19% from 3Q 2021). Profit margin: 2.2% (up from 2.0% in 3Q 2021). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 09Bird Construction Inc. Declares Eligible Dividend for November 2022, December 2022, January 2023 and February 2023Bird Construction Inc. announced that Board has declared an eligible dividend of $0.0325 per common share for each of November 2022, December 2022, January 2023 and February 2023.業績と収益の成長予測DB:6LT - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20285,049235N/AN/A112/31/20274,719207141264812/31/20263,9251348313083/31/20263,46349128168N/A12/31/20253,3974772113N/A9/30/20253,456942661N/A6/30/20253,404985590N/A3/31/20253,4271006395N/A12/31/20243,39710080114N/A9/30/20243,253915081N/A6/30/20243,13884-286N/A3/31/20242,951765183N/A12/31/20232,799724576N/A9/30/20232,656634977N/A6/30/20232,5404881108N/A3/31/20232,43049-228N/A12/31/20222,369501643N/A9/30/20222,31845-32-5N/A6/30/20222,27142830N/A3/31/20222,251426682N/A12/31/20212,220432436N/A9/30/20212,17753166178N/A6/30/20211,901506375N/A3/31/20211,62742116129N/A12/31/20201,50436115129N/A9/30/20201,37024-26-16N/A6/30/20201,40422-14-2N/A3/31/20201,43617-59-46N/A12/31/20191,3769N/A-38N/A9/30/20191,3428N/A-7N/A6/30/20191,3445N/A98N/A3/31/20191,349-1N/A84N/A12/31/20181,382-1N/A101N/A9/30/20181,361-5N/A48N/A6/30/20181,369-4N/A-41N/A3/31/20181,3995N/A-35N/A12/31/20171,4199N/A-91N/A9/30/20171,48413N/A-71N/A6/30/20171,50313N/A-66N/A3/31/20171,56513N/A-74N/A12/31/20161,59025N/A44N/A9/30/20161,57331N/A30N/A6/30/20161,55519N/A83N/A3/31/20161,47726N/A125N/A12/31/20151,44521N/A75N/A9/30/20151,42223N/A120N/A6/30/20151,40241N/A100N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6LTの予測収益成長率 (年間49.2% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 6LTの収益 ( 49.2% ) はGerman市場 ( 17.2% ) よりも速いペースで成長すると予測されています。高成長収益: 6LTの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 6LTの収益 ( 15.8% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: 6LTの収益 ( 15.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6LTの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/02 23:27終値2026/06/02 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bird Construction Inc. 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Christopher MurrayATB CormarkJohn GibsonBMO Capital Markets Equity ResearchYuri LynkCanaccord Genuity9 その他のアナリストを表示
Declared Dividend • May 21Dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 29th May 2026 Payment date: 19th June 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is well covered by cash flows (36% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.6% to bring the payout ratio under control. EPS is expected to grow by 239% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €36.58, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 600% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.73 per share.
お知らせ • May 14Bird Construction Inc. Declares Dividends for June 2026 and July 2026Bird Construction Inc. Board has declared eligible dividends of CAD 0.07 per common share for each of June 2026 and July 2026.
お知らせ • Apr 08Bird Construction Inc. to Report Q1, 2026 Results on May 13, 2026Bird Construction Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026
お知らせ • Mar 14+ 1 more updateBird Construction Inc. announces Monthly dividend, payable on April 20, 2026Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on April 20, 2026, ex-date on March 31, 2026 and record date on March 31, 2026.
お知らせ • Feb 25Bird Construction Inc., Annual General Meeting, May 13, 2026Bird Construction Inc., Annual General Meeting, May 13, 2026.
お知らせ • Feb 06Bird Construction Inc. to Report Q4, 2025 Results on Mar 11, 2026Bird Construction Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026
お知らせ • Nov 20+ 3 more updatesBird Construction Inc. announces Monthly dividend, payable on December 19, 2025Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on December 19, 2025, ex-date on November 28, 2025 and record date on November 28, 2025.
お知らせ • Oct 15Bird Construction Inc. (TSX:BDT) completed the acquisition of Fraser River Pile & Dredge (GP) Inc.Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million on September 3, 2025. The purchase price is subject to customary adjustments and will be funded through a new term debt facility and will be acquired on a cash-free, debt-free basis. Following the completion, the transaction is expected to be accretive to Bird’s Adjusted Earnings Per Share by approximately 7% on a full-year basis compared to 2025 consensus estimates. The transaction is subject to approval under the Competition Act (Canada) and satisfaction of other customary closing conditions and is expected to be completed early in the fourth quarter of 2025. Osler, Hoskin & Harcourt LLP acted as legal advisor and Raymond James Ltd. acted as financial advisor for Bird Construction Inc. Bird Construction Inc. (TSX:BDT) completed the acquisition of Fraser River Pile & Dredge (GP) Inc. on October 14, 2025.
お知らせ • Oct 10Bird Construction Inc. to Report Q3, 2025 Results on Nov 12, 2025Bird Construction Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025
お知らせ • Sep 04Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million.Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million on September 3, 2025. The purchase price is subject to customary adjustments and will be funded through a new term debt facility and will be acquired on a cash-free, debt-free basis. Following the completion, the transaction is expected to be accretive to Bird’s Adjusted Earnings Per Share by approximately 7% on a full-year basis compared to 2025 consensus estimates. The transaction is subject to approval under the Competition Act (Canada) and satisfaction of other customary closing conditions and is expected to be completed early in the fourth quarter of 2025. Osler, Hoskin & Harcourt LLP acted as legal advisor and Raymond James Ltd. acted as financial advisor for Bird Construction Inc.
お知らせ • Aug 28+ 2 more updatesBird Construction Inc. announces Monthly dividend, payable on October 20, 2025Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on October 20, 2025, ex-date on September 29, 2025 and record date on September 30, 2025.
お知らせ • Jul 04Bird Construction Inc. to Report Q2, 2025 Results on Aug 13, 2025Bird Construction Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025
お知らせ • May 22+ 2 more updatesBird Construction Inc. announces Monthly dividend, payable on June 20, 2025Bird Construction Inc. announced Monthly dividend of CAD 0.0700 per share payable on June 20, 2025, ex-date on May 30, 2025 and record date on May 30, 2025.
お知らせ • Apr 18Bird Construction Inc. to Report Q1, 2025 Results on May 14, 2025Bird Construction Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025
お知らせ • Mar 13Bird Construction Inc. Declares Dividend for March 2025 and April 2025The Board of Bird Construction Inc. has declared eligible dividends of $0.07 per common share for each of March 2025 and April 2025.
お知らせ • Feb 27Bird Construction Inc., Annual General Meeting, May 14, 2025Bird Construction Inc., Annual General Meeting, May 14, 2025.
お知らせ • Feb 05Bird Construction Inc. to Report Q4, 2024 Results on Mar 12, 2025Bird Construction Inc. announced that they will report Q4, 2024 results After-Market on Mar 12, 2025
お知らせ • Nov 27Bird Construction Inc. Appoints Evelyn Angelle to its Board of DirectorsBird Construction Inc. announced the appointment of Evelyn Angelle to its Board of Directors, effective immediately. Ms. Angelle will fill a vacancy on the Board, bringing the total number of directors to 10. Ms. Angelle, a private investor, philanthropist and director, joins the Board with a distinguished background in public company finance and public accounting, having held senior leadership positions at Halliburton Company after a 15-year career in the audit practice of Ernst & Young LLP. A certified public accountant in Texas and certified management accountant, Ms. Angelle’s expertise will be instrumental as Bird continues to pursue its strategic growth initiatives. Ms. Angelle will immediately join the Board’s Audit Committee and Health, Safety and Environment Committee. Mr. Richard Bird will continue to serve as Audit Committee Chair in an interim capacity. Ms. Angelle is an independent corporate director. She currently serves as a director of Forum Energy Technologies Inc., where she chairs the Audit Committee and is a member of the Nominating, Governance and Sustainability Committee. Ms. Angelle also serves as a member of the Board of Directors, and as a member of the Audit Committee, of STEP Energy Services Ltd. Ms. Angelle serves on the Board of Managers of Amp Americas II Holdings LLC, where she chairs the Audit Committee. Through her career, Ms. Angelle served in numerous executive roles, including as Executive Vice President and Chief Financial Officer of BJ Services Company LLC, and Senior Vice President, Supply Chain, for Halliburton. Prior to that, she served as Senior Vice President and Chief Accounting Officer, and Vice President of Investor Relations, both with Halliburton. Before joining Halliburton, Ms. Angelle worked for 15 years in the audit practice of Ernst & Young LLP. She is a graduate of St. Mary’s College (Notre Dame), where she holds a degree in Accounting. Additionally, she holds a certificate in Cyber Security Oversight from Carnegie Mellon University. Beyond her corporate roles, Ms. Angelle is actively engaged in charitable organizations, serving on the Board of Directors and executive committees of Junior Achievement of Southeast Texas and Junior Achievement USA. Ms. Angelle is a member of the National Association of Corporate Directors, where she was awarded the distinguished Board Leadership Fellow designation.
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: CA$0.66 (vs CA$0.54 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.66 (up from CA$0.54 in 3Q 2023). Revenue: CA$898.9m (up 15% from 3Q 2023). Net income: CA$36.2m (up 26% from 3Q 2023). Profit margin: 4.0% (up from 3.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Oct 20Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st October 2024 Payment date: 20th November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €19.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 222% over the past three years.
お知らせ • Oct 09Bird Construction Inc. Increases Monthly Dividend, Payable on December 20, 2024Bird Construction Inc. Board of Directors has approved a $0.0233 increase in its monthly dividend effective for the November 29, 2024 dividend, payable on December 20, 2024. The increased monthly dividend will be $0.07 per share, corresponding to an annual dividend rate of $0.84 per share.
お知らせ • Oct 02Bird Construction Inc. to Report Q3, 2024 Results on Nov 05, 2024Bird Construction Inc. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024
Declared Dividend • Sep 29Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st October 2024 Payment date: 20th November 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 20Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%).
Declared Dividend • Sep 01Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 27th September 2024 Payment date: 18th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Aug 16Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 30th August 2024 Payment date: 20th September 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: CA$0.40 (vs CA$0.26 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.40 (up from CA$0.26 in 2Q 2023). Revenue: CA$873.5m (up 27% from 2Q 2023). Net income: CA$21.4m (up 56% from 2Q 2023). Profit margin: 2.4% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 08+ 1 more updateBird Construction Inc. Declares Dividends for Each of August 2024, September 2024 and October 2024The board of Bird Construction Inc. has declared eligible dividends of $0.0467 per common share for each of August 2024, September 2024 and October 2024.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €15.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 197% over the past three years.
New Risk • Aug 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
お知らせ • Aug 02Bird Construction Inc. (TSX:BDT) completed the acquisition of Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob for approximately CAD 140 million.Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob for approximately CAD 140 million on June 10, 2024. The estimated aggregate consideration of CAD135 million is subject to customary purchase price adjustments and consists of: 1.49 million common equity of Bird Construction Inc. to be issued for common equity of Jacob Bros Construction Inc. Approximately CAD 97.2 million of cash, funded through existing cash on hand as well as short-term and long-term debt under the Company’s credit facilities; and An estimated CAD 4.0 million of assumed equipment debt. Other than the assumption of equipment debt, Jacob Bros will be acquired on a cash-free, debt-free basis. Jacob Bros’ two shareholders, Scott Jacob, Chief Executive Officer and Todd Jacob, Chief Operating Officer, will join Bird to lead the combination of Bird’s Western Infrastructure business and their existing business. In connection with the transaction, Bird also amended its Syndicated Credit Facility, extending the maturity date to December 15, 2027. The amendments included the replacement of existing term loan facilities with a new approximately CAD 130 million term loan facility to be used to repay existing term loans and partially fund the acquisition. Following close, the Transaction is expected to be accretive to Bird's Adjusted Earnings Per Share by approximately 10% on a full-year basis. Accretion would be further enhanced by future synergies including cross-selling opportunities. For full year 2024, Jacob Bros is expected to generate approximately CAD 300 million of revenue and CAD 37 million of Adjusted EBITDA. The Transaction is subject to approval under the Competition Act (Canada), approval of the Toronto Stock Exchange, and satisfaction of other customary closing conditions. These include, but are not limited to the ability of Bird and Jacob Bros to obtain all necessary regulatory and third party approvals and satisfy all other necessary conditions to closing of the Transaction on a timely basis or at all. Subject to the satisfaction of these conditions, the Transaction is expected to close early in the third quarter of 2024. Raymond James Ltd. is acting as exclusive financial advisor to Bird and Osler Hoskin & Harcourt LLP is acting as legal counsel to Bird. Corbin Advisors LLC is acting as a strategic communications advisor to Bird. Bird Construction Inc. (TSX:BDT) completed the acquisition of Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob on August 1, 2024.
Upcoming Dividend • Jul 24Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 20 August 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).
お知らせ • Jul 18Bird Construction Inc. Announces Demise of Karyn A Brooks, Chair of Audit CommitteeBird Construction Inc. announced with profound sadness the passing of Karyn A. Brooks, who served as the Chair of the Audit Committee. Ms. Brooks passed away last week at the age of 70. Ms. Brooks was a highly respected member of the Bird Construction Inc. Board of Directors, bringing exceptional expertise and dedication to the role of Audit Committee Chair. She joined the Board in 2017, and her leadership and insight were instrumental in overseeing the company’s financial reporting and compliance. The Board will meet in the coming weeks to appoint an interim Audit Committee Chair and discuss the recruitment of a new Director.
お知らせ • Jul 13Bird Construction Inc. to Report Q2, 2024 Results on Aug 07, 2024Bird Construction Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024
Declared Dividend • Jun 30Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st July 2024 Payment date: 20th August 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 33% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €17.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 240% over the past three years.
New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).
Declared Dividend • Jun 02Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 28th June 2024 Payment date: 19th July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 27% over the next year, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sophia Saeed was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • May 19Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 31st May 2024 Payment date: 20th June 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: CA$0.19 (vs CA$0.096 in 1Q 2023)First quarter 2024 results: EPS: CA$0.19 (up from CA$0.096 in 1Q 2023). Revenue: CA$688.2m (up 28% from 1Q 2023). Net income: CA$9.98m (up 94% from 1Q 2023). Profit margin: 1.5% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 16Bird Construction Inc. Announces Board ChangesBird Construction Inc. announced the election of one new member to its Board of Directors (the "Board"). Ms. Sophia Saeed was elected as a member of the Board following Bird's 2024 Annual Meeting of Shareholders held on May 14, 2024. Ms. Saeed is an independent director and brings valuable experience and expertise to complement the capabilities of the Board. Mr. Arni Thorsteinson announced his retirement from the Board and as such did not seek re-election. Mr. Thorsteinson served on the Board for more than three decades before his retirement, leaving an indelible mark on the Company with his substantial contributions during his impressive tenure. Ms. Sophia Saeed has over 20 years of finance experience, spanning roles in accounting, mergers and acquisition (M&A) advisory, corporate development and investor relations. Ms. Saeed is the Vice President of Investor Relations at a major Canadian financial institution, where she plays a pivotal role in fostering relationships with key stakeholders including investors, equity research analysts and ratings agencies. Prior to moving to Investor Relations, Ms. Saeed held progressively senior roles in M&A advisory during her investment banking career and has a track record of completed international and domestic M&A transactions as a corporate development executive in both the financial services and infrastructure sectors. Ms. Saeed also serves as a director on the board of Family Service Toronto. Ms. Saeed is a Chartered Professional Accountant and has a BA from the University of Toronto and an MBA from the Ivey Business School.
Upcoming Dividend • Apr 22Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 29 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%).
お知らせ • Apr 12Bird Construction Inc. to Report Q1, 2024 Results on May 14, 2024Bird Construction Inc. announced that they will report Q1, 2024 results After-Market on May 14, 2024
Declared Dividend • Mar 28Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 29th April 2024 Payment date: 17th May 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 49% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 20Upcoming dividend of CA$0.047 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 19 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).
Recent Insider Transactions • Mar 13Insider recently bought €387k worth of stockOn the 6th of March, Rob Otway bought around 30k shares on-market at roughly €12.89 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €461k more in shares than they have sold in the last 12 months.
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: CA$1.33 (vs CA$0.93 in FY 2022)Full year 2023 results: EPS: CA$1.33 (up from CA$0.93 in FY 2022). Revenue: CA$2.80b (up 18% from FY 2022). Net income: CA$71.5m (up 44% from FY 2022). Profit margin: 2.6% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 29Dividend of CA$0.047 announcedShareholders will receive a dividend of CA$0.047. Ex-date: 27th March 2024 Payment date: 19th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Feb 21Upcoming dividend of CA$0.036 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 20 March 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.1%).
お知らせ • Feb 16Bird Construction Inc., Annual General Meeting, May 14, 2024Bird Construction Inc., Annual General Meeting, May 14, 2024.
Declared Dividend • Jan 31Dividend of CA$0.036 announcedShareholders will receive a dividend of CA$0.036. Ex-date: 28th February 2024 Payment date: 20th March 2024 Dividend yield will be 2.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €11.30, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 152% over the past three years.
お知らせ • Jan 25Bird Construction Inc. to Report Q4, 2023 Results on Mar 05, 2024Bird Construction Inc. announced that they will report Q4, 2023 results After-Market on Mar 05, 2024
お知らせ • Jan 24Bird Construction Inc. Announces the Retirement of Bonnie DuPont as Independent DirectorBird Construction Inc. announced that Ms. Bonnie DuPont has retired from her position as Independent Director on the Board, effective January 15, 2024. Following Ms. DuPont’s retirement, the total number of Board members has been reduced from eleven to ten. Ms. DuPont served on the Board since 2011. As an independent Board member and the Chair of Bird’s Human Resources and Governance Committee, Ms. DuPont oversaw a period of significant modernization of the Company’s executive compensation program. In addition, Ms. DuPont contributed significantly to the maturity of Bird’s governance practices and oversight, building on the Company’s belief that good corporate governance is a pillar of its strategy. A Fellow of the Institute of Corporate Directors (ICD) since 2015, a graduate of the ICD Corporate Directors’ Education Program, and a lecturer in the Directors’ Education Program offered by the ICD, Ms. DuPont brought a robust skill set and deep expertise to the Board during her tenure. Ms. DuPont was named to the top 100 Most Powerful Women in Canada list each year from 2001 to 2006, and in 2007, was inducted into the Top 100 Hall of Fame. In 2008, she was presented with an Honorary Doctor of Laws from the University of Regina and in 2011 was presented with an Honorary Bachelor’s Degree in Technology by the Southern Alberta Institute of Technology. Ms. DuPont also received an Honorary LLD from the University of Calgary in 2017 and is the past chair of the Board of Governors at the University. In 2019, Ms. DuPont was appointed to the Alberta Order of Excellence.
Upcoming Dividend • Jan 23Upcoming dividend of CA$0.036 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 20 February 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (3.9%).
お知らせ • Jan 19Bird Construction Inc. (TSX:BDT) acquired Assets of NorCan Electric Inc. for CAD 11 million.Bird Construction Inc. (TSX:BDT) acquired Assets of NorCan Electric Inc. for CAD 11 million on January 18, 2024. Bird financed 85% of the purchase price with debt, with the balance coming from Bird treasury shares. The Company is acquiring all customer contracts, NorCan’s share of the NorCan/Infinity Limited Partnership, equipment and other fixed assets, workforce and team providing services to clients. No working capital was acquired as part of the transaction. The transaction is expected to be accretive, enhancing earnings per share by CAD 0.04 in 2024. Bird Construction Inc. (TSX:BDT) completed the acquisition of Assets of NorCan Electric Inc. on January 18, 2024.
Upcoming Dividend • Dec 21Upcoming dividend of CA$0.036 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 19 January 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.9%).
お知らせ • Dec 13Bird Construction Inc Announce Monthly Dividend, Payable on April 19, 2024Bird Construction Inc. announced that its Board of Directors has approved a $0.13 cent or 30.2% increase in its dividend effective for the March 29, 2024 dividend, payable on April 19, 2024. The dividend increase follows the Board’s approval of the 2024 annual business plan, which anticipates continued accretion in earnings per share and EBITDA through 2024. The increased monthly dividend will be $0.0467 per share, corresponding to an annual dividend rate of $0.56 per share.
Upcoming Dividend • Nov 24Upcoming dividend of CA$0.036 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 20 December 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (3.7%).
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: CA$0.54 (vs CA$0.27 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.54 (up from CA$0.27 in 3Q 2022). Revenue: CA$783.8m (up 17% from 3Q 2022). Net income: CA$28.8m (up 99% from 3Q 2022). Profit margin: 3.7% (up from 2.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 08Bird Construction Inc. Declares Dividends for Each of November 2023, December 2023, January 2024 and February 2024Bird Construction Inc. declared eligible dividends of $0.0358 per common share for each of November 2023, December 2023, January 2024 and February 2024.
Upcoming Dividend • Oct 23Upcoming dividend of CA$0.036 per share at 4.2% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (4.1%).
お知らせ • Oct 11Bird Construction Inc. to Report Q3, 2023 Results on Nov 07, 2023Bird Construction Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023
Upcoming Dividend • Sep 21Upcoming dividend of CA$0.036 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.8%).
Upcoming Dividend • Aug 23Upcoming dividend of CA$0.036 per share at 4.1% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.0%).
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €6.90, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 92% over the past three years.
お知らせ • Aug 10Bird Construction Inc. Declares Eligible Dividend for August, September, and October 2023Bird Construction Inc. declared eligible dividends of $0.0358 per common share for each of August, September and October 2023.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: CA$0.26 (vs CA$0.26 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.26 (down from CA$0.26 in 2Q 2022). Revenue: CA$686.4m (up 19% from 2Q 2022). Net income: CA$13.7m (down 2.8% from 2Q 2022). Profit margin: 2.0% (down from 2.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
Upcoming Dividend • Jul 21Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%).
お知らせ • Jun 29Bird Construction Inc. to Report Q2, 2023 Results on Aug 09, 2023Bird Construction Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 09, 2023
Upcoming Dividend • Jun 22Upcoming dividend of CA$0.036 per share at 5.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%).
お知らせ • May 27Bird Construction Announces the Retirement of Paul Charette as Independent DirectorBird Construction Inc. announced that Mr. Paul Charette has retired from his position as Independent Director on the Board and as such he did not seek re-election at the Company's 2023 Annual General Meeting of Shareholders held on May 9, 2023. Following Mr. Charette's retirement, the total number of Board members has been reduced from twelve to eleven. As a longstanding member of the Board, Mr. Charette has played an integral role in Bird's success story, serving as an Independent Director from 2021 to 2023 and as Chairman of the Board from 2001 to 2021. Joining Bird in 1976 as a Project Coordinator, Mr. Charette's exceptional leadership propelled him to the role of President and Chief Operating Officer in 1988. His visionary approach and dedication further led to his appointment as the President and Chief Executive Officer in 1991, a position he held until his retirement in September 2008. Despite retiring from the executive role, he continued to contribute his expertise and insights to the Board, leaving a lasting impact on Bird's growth and prominence in the construction industry. In addition to providing leadership to Bird, Mr. Charette provided leadership to the construction industry. He has served on a number of industry boards. He was Chair of the Ontario General Contractors Association, Chair of the Toronto Construction Association Advisory Committee and was Chair of the Canadian Construction Association in 2009. Beyond his contributions to Bird, Mr. Charette has been a tireless advocate for college and institute education. Notably, he played a key role in establishing the Bird Construction/Paul and Gerri Charette Endowment Fund in partnership with Colleges and Institutes Canada, which is dedicated to supporting Indigenous students pursuing post-secondary education. The Fund of $200,000 is held in perpetuity with annual disbursements; its first disbursements were made in the 2021-2022 school year.
Upcoming Dividend • May 23Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%).
Reported Earnings • May 10First quarter 2023 earnings released: EPS: CA$0.10 (vs CA$0.12 in 1Q 2022)First quarter 2023 results: EPS: CA$0.10 (down from CA$0.12 in 1Q 2022). Revenue: CA$536.5m (up 13% from 1Q 2022). Net income: CA$5.15m (down 19% from 1Q 2022). Profit margin: 1.0% (down from 1.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.
Upcoming Dividend • Apr 20Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%).
Upcoming Dividend • Mar 23Upcoming dividend of CA$0.036 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 April 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%).
Reported Earnings • Mar 08Full year 2022 earnings released: EPS: CA$0.93 (vs CA$0.80 in FY 2021)Full year 2022 results: EPS: CA$0.93 (up from CA$0.80 in FY 2021). Revenue: CA$2.38b (up 7.1% from FY 2021). Net income: CA$49.9m (up 17% from FY 2021). Profit margin: 2.1% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year and the company’s share price has also increased by 25% per year.
Upcoming Dividend • Feb 20Upcoming dividend of CA$0.033 per share at 4.7% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 20 March 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.9%).
お知らせ • Feb 11Bird Construction Inc., Annual General Meeting, May 09, 2023Bird Construction Inc., Annual General Meeting, May 09, 2023.
お知らせ • Jan 26Bird Construction Inc. to Report Q4, 2022 Results on Mar 07, 2023Bird Construction Inc. announced that they will report Q4, 2022 results After-Market on Mar 07, 2023
Upcoming Dividend • Jan 23Upcoming dividend of CA$0.033 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 17 February 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.8%).
Upcoming Dividend • Dec 22Upcoming dividend of CA$0.033 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 20 January 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.1%).
お知らせ • Dec 20Bird Construction Inc. Announces for the Month of March 2023, Payable on April 20, 2023Bird Construction Inc. announced that its Board of Directors approved a 10% increase in its dividend, effective with the March monthly dividend payable on April 20, 2023. This follows the Board's approval of the Company's 2023 annual business plan which anticipates significant growth in earnings per share and adjusted EBITDA. The increased monthly dividend will be $0.0358 per share corresponding to an annual dividend rate of $0.43 per share.
Upcoming Dividend • Nov 22Upcoming dividend of CA$0.033 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.0%).
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: CA$0.27 (vs CA$0.23 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.27 (up from CA$0.23 in 3Q 2021). Revenue: CA$668.2m (up 7.6% from 3Q 2021). Net income: CA$14.5m (up 19% from 3Q 2021). Profit margin: 2.2% (up from 2.0% in 3Q 2021). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 09Bird Construction Inc. Declares Eligible Dividend for November 2022, December 2022, January 2023 and February 2023Bird Construction Inc. announced that Board has declared an eligible dividend of $0.0325 per common share for each of November 2022, December 2022, January 2023 and February 2023.