FY2025 EPS Estimates for Gibson Energy Cut by Raymond James

Gibson Energy Inc. (TSE:GEI - Free Report) - Stock analysts at Raymond James reduced their FY2025 earnings estimates for Gibson Energy in a research note issued on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $1.38 for the year, down from their previous estimate of $1.39. Raymond James currently has a "Strong-Buy" rating and a $29.50 target price on the stock. Raymond James also issued estimates for Gibson Energy's FY2026 earnings at $1.82 EPS and FY2027 earnings at $1.96 EPS.

GEI has been the subject of several other reports. National Bank Financial downgraded Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th. Scotiabank cut their target price on shares of Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Jefferies Financial Group cut their price objective 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. CIBC cut their price target on Gibson Energy from C$29.00 to C$27.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Finally, National Bankshares downgraded shares of Gibson Energy from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from C$29.00 to C$24.00 in a report on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Gibson Energy presently has a consensus rating of "Moderate Buy" and an average price target of C$25.86.

Gibson Energy Stock Up 1.0 %

GEI stock traded up C$0.22 during midday trading on Friday, hitting C$21.51. The stock had a trading volume of 278,788 shares, compared to its average volume of 861,179. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. The firm has a market cap of C$3.51 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The business has a 50-day moving average of C$21.96 and a two-hundred day moving average of C$23.31. Gibson Energy has a 52-week low of C$19.63 and a 52-week high of C$26.10.

Gibson Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 17th will be paid a dividend of $0.43 per share. This is a positive change from Gibson Energy's previous quarterly dividend of $0.41. This represents a $1.72 annualized dividend and a yield of 8.00%. The ex-dividend date of this dividend is Monday, March 31st. Gibson Energy's payout ratio is 126.47%.

Insider Buying and Selling

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

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.