Stantec announces appointments of Christopher Lopez and Rick Eng to the Board of Directors

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Military/Government/Technical
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Recent Analyst Ratings for
$STN

DatePrice TargetRatingAnalyst
2/26/2025Mkt Perform → Outperform
Raymond James
11/11/2024Hold → Buy
Canaccord Genuity
10/25/2024Sector Outperform
Scotiabank
8/9/2024Outperform → Mkt Perform
Raymond James
9/5/2023Sector Perform
Scotiabank
8/10/2023Buy → Hold
Canaccord Genuity
5/12/2023Strong Buy → Outperform
Raymond James
2/23/2023Sector Perform → Outperform
RBC Capital Mkts
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$STN
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  • Cadiz Selects Stantec to Serve as Owner's Engineer for the Mojave Groundwater Bank Project

    The $800M groundwater bank will be the largest new water infrastructure project in the Southwest LOS ANGELES, Feb. 25, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement with Stantec Inc. (NYSE:STN), a global leader in sustainable design and engineering, to oversee development and construction of the Mojave Groundwater Bank project, the largest new water storage and supply project being developed in California's Mojave Desert. Once complete, the project will provide 2.5 million acre-feet of new water

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    $STN
    Water Supply
    Utilities
    Military/Government/Technical
    Consumer Discretionary
  • Stantec announces record 2024 earnings, increases dividend by 7%, achieves all-time record backlog of $7.8 billion, and provides 2025 outlook

    2024 Highlights Net revenue of $5.9 billion in 2024, an increase of 15.8% over 2023;Adjusted EBITDA1 of $980.3 million, up 18.0% over 2023, and adjusted EBITDA margin1 of 16.7%, a 30-basis point increase over 2023;Strong organic growth of 7.4% for the full year driven by 8.6% organic growth in the US, 6% in Canada, and 5.8% in Global;Operating cash flows increased to $603.1 million, up 16.0% over 2023;Adjusted diluted EPS1 of $4.42, an increase of 20.4% over 2023;Backlog of $7.8 billion, up 24.1% since December 31, 2023, and;Ranked #8 of the most sustainable corporations in the world by Corporate Knights, first among peers. EDMONTON, Alberta and NEW YORK, Feb. 25,

    $STN
    Military/Government/Technical
    Consumer Discretionary
  • Stantec to provide design services for €3.2 billion semiconductor assembly and test facility in Italy

    EDMONTON, Alberta and NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, and its partner Drees & Sommer have been selected for Silicon Box's new €3.2 billion state-of-the-art semiconductor assembly and test facility in Northern Italy. Stantec will provide architecture for the administration areas and infrastructure design including overall permitting services. Scheduled to begin operations in 2028, the new facility will be located close to Novara, Piedmont, and is expected to create approximately 1,600 jobs in the region. As Silicon Box's second asset, it will emulate the company's state-of-the-art automat

    $STN
    Military/Government/Technical
    Consumer Discretionary

$STN
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  • Vito Culmone to join Stantec as Chief Financial Officer

    EDMONTON, Alberta and NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, announced today that Vito Culmone will join the Company in mid-July 2024 as its next executive vice president and chief financial officer. He will officially assume the CFO role on September 3, 2024. Mr. Culmone will succeed Theresa Jang, who previously announced her plan to retire. This announcement follows an extensive search and evaluation of highly qualified internal and external candidates supported by a global executive search firm. "We are excited to welcome Vito to the Stantec team. He is an accomplished financial leader with a strong

    $STN
    Military/Government/Technical
    Consumer Discretionary
  • Stantec Announces Results of its 2024 Annual Meeting of Shareholders

    EDMONTON, Alberta and NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE: STN Stantec Inc. ("Stantec"), a global leader in sustainable design and engineering, held its annual meeting of shareholders (the "Meeting") on May 9, 2024. A total of 86,453,304 shares (75.79% of outstanding common shares) were represented in person or by proxy. At the meeting, Robert (Bob) Gomes, Stantec's long-standing incumbent director and former CEO, retired from the Board as a result of Stantec's director term limits. "I would like to express my gratitude to Bob Gomes who, after an impactful career at Stantec, is retiring from the Board," said Douglas Ammerman, Chair of Stantec's Board of Directors. "Throu

    $STN
    Military/Government/Technical
    Consumer Discretionary
  • Stantec Announces 2024 – 2026 Strategic Plan to Deliver Purpose Driven Growth

    EDMONTON, Alberta and BOSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec Inc. (Stantec or the Company), a global leader in sustainable design and engineering, today released the highlights of its 2024 – 2026 Strategic Plan, including its three-year financial targets and guidance for 2024. Three-Year Strategic PlanBy the end of 2026, Stantec aims to achieve: Net revenue of $7.5 billionOrganic net revenue1 growth at a three-year compound annual growth rate (CAGR) of greater than 7%Adjusted EBITDA1 margin in the range of 17% to 18%Adjusted diluted earnings per share (EPS)1 at a CAGR in the range of 15% to 18% "While we still have one month to go before completing our 2020 Str

    $STN
    Military/Government/Technical
    Consumer Discretionary

$STN
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  • Stantec announces record 2024 earnings, increases dividend by 7%, achieves all-time record backlog of $7.8 billion, and provides 2025 outlook

    2024 Highlights Net revenue of $5.9 billion in 2024, an increase of 15.8% over 2023;Adjusted EBITDA1 of $980.3 million, up 18.0% over 2023, and adjusted EBITDA margin1 of 16.7%, a 30-basis point increase over 2023;Strong organic growth of 7.4% for the full year driven by 8.6% organic growth in the US, 6% in Canada, and 5.8% in Global;Operating cash flows increased to $603.1 million, up 16.0% over 2023;Adjusted diluted EPS1 of $4.42, an increase of 20.4% over 2023;Backlog of $7.8 billion, up 24.1% since December 31, 2023, and;Ranked #8 of the most sustainable corporations in the world by Corporate Knights, first among peers. EDMONTON, Alberta and NEW YORK, Feb. 25,

    $STN
    Military/Government/Technical
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  • Stantec to release fourth quarter and full-year 2024 results and host conference call on February 25, 2025

    EDMONTON, Alberta, Jan. 28, 2025 (GLOBE NEWSWIRE) -- TSX,NYSE: STN Stantec, a global leader in sustainable design and engineering, will release its fourth quarter and full-year 2024 financial results before markets open on Tuesday, February 25, 2025. A webcast and conference call to discuss the Company's performance will be held the same day at 2:30 PM Mountain Time (4:30 PM Eastern Time), hosted by Gord Johnston, president and chief executive officer, and Vito Culmone, executive vice president and chief financial officer. Q4 and full-year 2024 Webcast and Conference Call Tuesday, February 25, 2025 at 2:30 PM Mountain Time (4:30 PM Eastern Time)Go to Webcast Conference Call - Preregist

    $STN
    Military/Government/Technical
    Consumer Discretionary
  • Stantec announces renewal of Normal Course Issuer Bid and Automatic Share Purchase Plan

    EDMONTON, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE: STN Stantec Inc. ("Stantec"), a global leader in sustainable design and engineering, announced today that it has received approval from the Toronto Stock Exchange (the "TSX") regarding the renewal of its Normal Course Issuer Bid ("NCIB"). Pursuant to the NCIB documentation filed with the TSX, Stantec may purchase up to 2,281,339 common shares of Stantec ("Common Shares"), representing approximately 2% of Stantec's 114,066,995 issued and outstanding Common Shares as of December 2, 2024. The purchases may commence on December 13, 2024 and will terminate no later than December 12, 2025. Except for block purchases permitted u

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$STN
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