FY2024 EPS Estimates for Keyera Raised by Atb Cap Markets

Keyera Corp. (TSE:KEY - Free Report) - Equities research analysts at Atb Cap Markets lifted their FY2024 earnings estimates for shares of Keyera in a research report issued to clients and investors on Thursday, November 14th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $2.20 for the year, up from their prior forecast of $1.98. The consensus estimate for Keyera's current full-year earnings is $2.22 per share. Atb Cap Markets also issued estimates for Keyera's Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.94 EPS and FY2026 earnings at $2.11 EPS.

Several other equities analysts have also issued reports on KEY. Citigroup lifted their target price on Keyera from C$46.00 to C$50.00 in a research note on Monday. ATB Capital upped their price target on Keyera from C$43.00 to C$44.00 in a research note on Friday. Jefferies Financial Group increased their price objective on Keyera from C$43.00 to C$47.00 and gave the company a "buy" rating in a report on Monday, September 30th. Raymond James set a C$47.00 price objective on Keyera and gave the stock an "outperform" rating in a research report on Friday, October 11th. Finally, National Bankshares lifted their price objective on Keyera from C$38.00 to C$39.00 in a report on Friday. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$42.58.

Keyera Trading Down 0.0 %

KEY traded down C$0.02 during trading on Monday, reaching C$45.09. The company had a trading volume of 2,458,513 shares, compared to its average volume of 998,847. Keyera has a 52 week low of C$31.16 and a 52 week high of C$45.67. The stock has a market cap of C$10.33 billion, a P/E ratio of 30.26, a PEG ratio of 1.35 and a beta of 2.09. The business has a 50 day simple moving average of C$42.89 and a 200-day simple moving average of C$39.45. The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 143.51.

Keyera Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were given a $0.52 dividend. The ex-dividend date was Friday, September 13th. This is a positive change from Keyera's previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 4.61%. Keyera's dividend payout ratio is presently 139.60%.

Keyera Company Profile

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.