Parkland FY2026 EPS Lowered by National Bank Financial

Parkland Co. (TSE:PKI - Free Report) - Research analysts at National Bank Financial dropped their FY2026 EPS estimates for shares of Parkland in a report issued on Tuesday, November 26th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $4.23 for the year, down from their prior estimate of $4.36. The consensus estimate for Parkland's current full-year earnings is $3.60 per share.

A number of other equities research analysts also recently commented on PKI. TD Securities lowered their price target on shares of Parkland from C$55.00 to C$53.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. Royal Bank of Canada lowered their target price on shares of Parkland from C$49.00 to C$48.00 and set an "outperform" rating for the company in a research note on Friday, August 2nd. Scotiabank reduced their price target on Parkland from C$60.00 to C$52.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Desjardins lowered their price objective on Parkland from C$46.00 to C$44.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Finally, Canaccord Genuity Group reduced their target price on Parkland from C$47.00 to C$45.00 and set a "buy" rating on the stock in a research report on Friday, November 1st. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$48.08.

Parkland Price Performance

Shares of TSE PKI traded up C$0.67 on Thursday, hitting C$36.74. The company's stock had a trading volume of 270,565 shares, compared to its average volume of 536,346. The company has a debt-to-equity ratio of 206.76, a current ratio of 1.33 and a quick ratio of 0.73. The stock has a 50 day moving average of C$34.51 and a 200-day moving average of C$36.61. Parkland has a 12-month low of C$31.68 and a 12-month high of C$47.99. The company has a market capitalization of C$6.40 billion, a price-to-earnings ratio of 17.27, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33.

Parkland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 20th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Thursday, September 19th. Parkland's dividend payout ratio is currently 65.73%.

Insider Transactions at Parkland

In other Parkland news, Director Michael Christian Jennings bought 4,000 shares of Parkland stock in a transaction that occurred on Monday, November 4th. The shares were acquired at an average price of C$32.02 per share, for a total transaction of C$128,060.00. Company insiders own 20.51% of the company's stock.

Parkland Company Profile

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.