Why Is STANTEC INC (STN) Stock Up Today?

Stantec Inc (STN) shares rose 14.06% to $85.69 on Friday. The primary driver was a strong third-quarter earnings report that included a beat on earnings per share and a raise in full-year guidance.

What Happened

Stantec reported third-quarter 2026 adjusted earnings per share of $1.35, exceeding the consensus estimate of $1.24. Revenue for the quarter came in at $1.333 billion, surpassing the expected $1.300 billion. The company also recorded a record backlog and raised its full-year 2026 adjusted EPS guidance from a range of $4.37 to $4.49 to a new range of $4.43 to $4.51. This new outlook compares to the prior estimate of $4.42. Additionally, Stantec narrowed its full-year sales guidance from $5.054 billion to $5.194 billion to a tighter range of $5.059 billion to $5.152 billion, against an estimate of $5.060 billion. These positive results were offset by a $260 million claims provision. The company also declared a quarterly dividend of CAD 0.245 per share, which remains unchanged from the previous payout.

What The Data Shows

The stock opened at $79.01, representing a 5.2% gap up from the prior close of $75.13. Trading volume reached 0.8 million shares, which is 2.2 times the three-month daily average. The session high was $87.32 at 12:00 PM ET, while the session low was $76.28 at 7:40 AM ET. Stantec printed 13 fresh 52-week highs on November 13, 2026. The stock currently has a market capitalization of $8.5 billion and a P/E ratio of 24.1. Revenue has grown 10.8% on a trailing twelve-month basis, with a net margin of 7.4%. The 52-week range is $65.35 to $108.40. Over the last eight sessions prior to this move, the stock had declined 3.0%.

What To Watch

Investors will monitor the company's execution against the newly raised full-year guidance. The declared dividend is payable on January 15 to shareholders of record on December 15.