Brokers Issue Forecasts for Gibson Energy FY2025 Earnings

Gibson Energy Inc. (TSE:GEI - Free Report) - Investment analysts at Atb Cap Markets decreased their FY2025 earnings per share (EPS) estimates for Gibson Energy in a research note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $1.28 per share for the year, down from their previous forecast of $1.29.

A number of other analysts have also issued reports on GEI. Jefferies Financial Group lowered their price target on Gibson Energy from C$26.00 to C$23.00 and set a "hold" rating for the company in a report on Thursday, February 20th. ATB Capital lowered their price target on Gibson Energy from C$28.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. CIBC lowered their price target on Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday. Scotiabank lowered their price target on Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Finally, National Bankshares lowered Gibson Energy from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from C$29.00 to C$24.00 in a report on Wednesday, February 19th. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$25.77.

Gibson Energy Trading Down 0.8 %

Shares of TSE:GEI traded down C$0.18 during trading hours on Friday, hitting C$21.86. 1,046,851 shares of the company's stock traded hands, compared to its average volume of 864,085. Gibson Energy has a 1 year low of C$19.63 and a 1 year high of C$26.10. The business has a fifty day moving average price of C$21.58 and a 200-day moving average price of C$23.25. The firm has a market capitalization of C$3.57 billion, a P/E ratio of 16.86, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87.

Gibson Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 17th were paid a $0.43 dividend. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Gibson Energy's previous quarterly dividend of $0.41. This represents a $1.72 dividend on an annualized basis and a yield of 7.87%. Gibson Energy's dividend payout ratio (DPR) is 126.47%.

Insider Buying and Selling at Gibson Energy

In other Gibson Energy news, Senior Officer Riley Hicks purchased 8,900 shares of the stock in a transaction on Friday, February 21st. The stock was acquired at an average price of C$21.10 per share, with a total value of C$187,790.00. Also, Director Curtis Philippon purchased 25,000 shares of the stock in a transaction on Friday, February 21st. The stock was acquired at an average cost of C$21.20 per share, with a total value of C$530,000.00. 0.85% of the stock is currently owned by company insiders.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.