Gibson Energy FY2025 EPS Estimate Increased by Raymond James

Gibson Energy Inc. (TSE:GEI - Free Report) - Investment analysts at Raymond James upped their FY2025 earnings per share estimates for Gibson Energy in a note issued to investors on Thursday, December 5th. Raymond James analyst M. Barth now anticipates that the company will post earnings per share of $1.57 for the year, up from their prior forecast of $1.51.

A number of other research firms also recently weighed in on GEI. Jefferies Financial Group raised their target price on shares of Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday. Royal Bank of Canada raised their target price on shares of Gibson Energy from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. CIBC increased their price objective on Gibson Energy from C$27.00 to C$29.00 in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on Gibson Energy from C$27.00 to C$26.00 in a report on Wednesday, October 2nd. Finally, BMO Capital Markets upgraded shares of Gibson Energy from a "market perform" rating to an "outperform" rating and upped their price target for the company from C$25.50 to C$28.00 in a research note on Thursday. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Gibson Energy presently has a consensus rating of "Buy" and an average price target of C$26.70.

Gibson Energy Stock Down 1.9 %

TSE GEI traded down C$0.48 during trading on Monday, hitting C$25.11. The stock had a trading volume of 249,699 shares, compared to its average volume of 583,758. Gibson Energy has a 12 month low of C$19.42 and a 12 month high of C$26.10. The company has a debt-to-equity ratio of 292.01, a quick ratio of 0.87 and a current ratio of 1.18. The company's 50-day moving average price is C$23.27 and its two-hundred day moving average price is C$22.73. The company has a market capitalization of C$4.09 billion, a PE ratio of 24.14, a P/E/G ratio of 1.85 and a beta of 1.25.

Insider Buying and Selling at Gibson Energy

In related news, Director Curtis Philippon bought 40,000 shares of the business's stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of C$25.46 per share, with a total value of C$1,018,400.00. Corporate insiders own 0.85% of the company's stock.

Gibson Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be issued a $0.41 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.64 dividend on an annualized basis and a yield of 6.53%. Gibson Energy's payout ratio is presently 154.72%.

Gibson Energy Company Profile

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.