Stantec Future Growth

Future criteria checks 3/6

Stantec is forecast to grow earnings and revenue by 18% and 9.5% per annum respectively. EPS is expected to grow by 17.7% per annum. Return on equity is forecast to be 18.9% in 3 years.

Key information

18.0%

Earnings growth rate

17.7%

EPS growth rate

Construction earnings growth	24.3%
Revenue growth rate	9.5%
Future return on equity	18.9%
Analyst coverage	Good
Last updated	01 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NYSE:STN - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,624	560	550	N/A	2
12/31/2025	6,277	509	521	695	10
12/31/2024	5,755	429	414	574	10
12/31/2023	5,066	331	444	545	N/A
9/30/2023	4,954	330	382	491	N/A
6/30/2023	4,798	294	281	370	N/A
3/31/2023	4,636	267	251	335	N/A
12/31/2022	4,457	247	229	304	N/A
9/30/2022	4,243	190	195	257	N/A
6/30/2022	4,016	192	206	265	N/A
3/31/2022	3,808	195	292	347	N/A
12/31/2021	3,636	201	346	397	N/A
9/30/2021	3,582	199	423	468	N/A
6/30/2021	3,565	191	495	530	N/A
3/31/2021	3,608	181	670	703	N/A
12/31/2020	3,685	159	570	604	N/A
9/30/2020	3,724	187	584	616	N/A
6/30/2020	3,760	182	553	590	N/A
3/31/2020	3,762	179	453	500	N/A
12/31/2019	3,711	194	392	453	N/A
9/30/2019	3,646	173	264	363	N/A
6/30/2019	3,541	171	164	284	N/A
3/31/2019	3,451	180	72	205	N/A
12/31/2018	3,355	171	38	173	N/A
9/30/2018	3,081	161	59	163	N/A
6/30/2018	3,087	152	59	147	N/A
3/31/2018	3,112	192	97	168	N/A
12/31/2017	3,174	97	200	264	N/A
9/30/2017	3,433	115	N/A	324	N/A
6/30/2017	3,452	118	N/A	340	N/A
3/31/2017	3,341	42	N/A	268	N/A
12/31/2016	3,098	131	N/A	286	N/A
9/30/2016	2,846	126	N/A	230	N/A
6/30/2016	2,593	127	N/A	254	N/A
3/31/2016	2,410	149	N/A	284	N/A
12/31/2015	2,374	156	N/A	206	N/A
9/30/2015	2,326	169	N/A	152	N/A
6/30/2015	2,250	168	N/A	165	N/A
3/31/2015	2,186	169	N/A	123	N/A
12/31/2014	2,075	164	N/A	207	N/A
9/30/2014	2,007	162	N/A	232	N/A
6/30/2014	1,948	159	N/A	247	N/A
3/31/2014	1,887	151	N/A	268	N/A
12/31/2013	1,832	146	N/A	272	N/A
9/30/2013	1,771	142	N/A	228	N/A
6/30/2013	1,684	130	N/A	198	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STN's forecast earnings growth (18% per year) is above the savings rate (2.4%).

Earnings vs Market: STN's earnings (18% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: STN's earnings are forecast to grow, but not significantly.

Revenue vs Market: STN's revenue (9.5% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: STN's revenue (9.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STN's Return on Equity is forecast to be low in 3 years time (18.9%).

Stantec Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Stantec Inc. Revises Earnings Guidance for the Year 2024

Stantec Inc. Provides Earnings Guidance for the Fiscal Year 2024 and End of Fiscal Year 2026

Stantec Inc. Revises Earnings Guidance for the Year 2023

Stantec Inc. Revises Earnings Guidance for the Year 2023

Stantec Inc. Reaffirms Earnings Guidance for the Full Year 2023

Stantec Inc. Reaffirms Revenue Guidance for Full Year 2022

Recent updates

Stantec Inc. acquired Hydrock Consultants Ltd.

Stantec Inc. to Report Q1, 2024 Results on May 08, 2024

Upcoming dividend of CA$0.21 per share

Now 21% overvalued after recent price rise

Stantec: Management Is Optimistic About The Future

New minor risk - Financial position

Fourth quarter dividend of CA$0.21 announced

Stantec Inc. Plans Retirement of Theresa Jang as Chief Financial Officer

Full year 2023 earnings: EPS misses analyst expectations

Stantec Inc. Revises Earnings Guidance for the Year 2024

Stantec Inc., Annual General Meeting, May 09, 2024

Stantec Inc. to Report Q4, 2023 Results on Feb 28, 2024

Stantec Inc. (TSX:STN) agreed to acquire Morrison Hershfield Group Inc.

Stantec Inc. (TSX:STN) agreed to acquire Morrison Hershfield Group Inc.

President recently bought US$803k worth of stock

Upcoming dividend of CA$0.20 per share at 0.8% yield

Stantec Inc. Provides Earnings Guidance for the Fiscal Year 2024 and End of Fiscal Year 2026

Stantec Inc. has completed a Follow-on Equity Offering in the amount of CAD 250.0275 million.

New minor risk - Shareholder dilution

Stantec: Remaining On The Sidelines

Stantec Inc. has filed a Follow-on Equity Offering in the amount of CAD 250.0275 million.

Stantec Inc. has filed a Follow-on Equity Offering in the amount of CAD 250.0275 million.

Stantec Inc. Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Stantec Inc. to Report Q3, 2023 Results on Nov 09, 2023

Independent Director recently sold US$406k worth of stock

Upcoming dividend of CA$0.20 per share at 0.9% yield

Stantec: Good Growth Prospects But High Valuation

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Stantec Inc. Revises Earnings Guidance for the Year 2023

Stantec Inc. announced that it has received CAD 250 million in funding

Upcoming dividend of CA$0.20 per share at 0.9% yield

Stantec Inc. announced that it expects to receive CAD 250 million in funding

Stantec Inc. (TSX:STN) signed an agreement to acquire Environmental Systems Design, Inc.

Insider recently sold US$235k worth of stock

Stantec: Good Prospects But Not An Attractive Entry Point

Insider recently sold US$293k worth of stock

Stantec Inc. Elects Angeline G. Chen as Director

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Stantec Inc. Reaffirms Earnings Guidance for the Full Year 2023

Upcoming dividend of CA$0.20 per share at 1.0% yield

Insider recently sold US$208k worth of stock

Insider recently sold US$309k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

Stantec Q4 2022 results beat estimates, co sees FY 2023 revenue growth in-line

Stantec Inc., Annual General Meeting, May 11, 2023

Stantec Inc. to Report Q4, 2022 Results on Feb 22, 2023

Upcoming dividend of CA$0.18 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Stantec Inc. Reaffirms Revenue Guidance for Full Year 2022

Stantec Non-GAAP EPS of $0.86, revenue of $1.2B

Stantec Inc. to Report Q3, 2022 Results on Nov 10, 2022

Stantec Inc. (TSX:STN) signed a letter of intent to acquire L2P.

Stantec signs letter of intent to acquire Philadelphia-based L2P

Stantec secures $20M contract for Gross Reservoir expansion project

Stantec goes ex dividend tomorrow

Upcoming dividend of CA$0.18 per share

Insider recently sold US$50k worth of stock

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Stantec Inc. Declares Dividend, Payable on October 17, 2022

StantecEPS of $0.83, revenue of $1.11B

Stantec Inc. to Report Q2, 2022 Results on Aug 10, 2022

Stantec awarded engineering during construction of water treatment plant

Upcoming dividend of CA$0.18 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Stantec Inc. to Report Q1, 2022 Results on May 11, 2022

Upcoming dividend of CA$0.18 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

Stantec Inc. Provides Revenue Guidance for the Year 2022