Atb Cap Markets Issues Negative Forecast for Keyera Earnings

Keyera Corp. (TSE:KEY - Free Report) - Analysts at Atb Cap Markets dropped their FY2025 earnings per share estimates for shares of Keyera in a research note issued to investors on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $1.93 per share for the year, down from their previous estimate of $1.94. The consensus estimate for Keyera's current full-year earnings is $2.22 per share. Atb Cap Markets also issued estimates for Keyera's FY2026 earnings at $2.09 EPS.

KEY has been the subject of a number of other research reports. ATB Capital raised their target price on shares of Keyera from C$43.00 to C$44.00 in a research note on Friday, November 15th. Scotiabank raised their price target on shares of Keyera from C$48.00 to C$50.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Citigroup lifted their price objective on Keyera from C$46.00 to C$50.00 in a report on Monday, November 18th. Royal Bank of Canada upped their price target on shares of Keyera from C$45.00 to C$46.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Finally, Jefferies Financial Group raised their price objective on Keyera from C$43.00 to C$47.00 and gave the company a "buy" rating in a research note on Monday, September 30th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Keyera presently has an average rating of "Moderate Buy" and a consensus target price of C$43.62.

Keyera Stock Performance

Keyera stock traded up C$0.32 during mid-day trading on Monday, hitting C$43.74. 1,314,581 shares of the company's stock traded hands, compared to its average volume of 1,027,583. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57. The firm has a 50 day simple moving average of C$44.41 and a two-hundred day simple moving average of C$40.79. Keyera has a fifty-two week low of C$31.16 and a fifty-two week high of C$47.90. The stock has a market cap of C$10.02 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 1.35 and a beta of 2.09.

Insider Activity

In other Keyera news, Director James Vance Bertram sold 50,000 shares of the company's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$46.38, for a total transaction of C$2,318,750.00. Insiders own 0.39% of the company's stock.

Keyera Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st will be given a $0.52 dividend. The ex-dividend date is Friday, December 13th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.76%. Keyera's dividend payout ratio (DPR) is presently 139.60%.

About Keyera

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.