FY2025 EPS Forecast for Pembina Pipeline Reduced by Analyst

Pembina Pipeline Co. (TSE:PPL - Free Report) NYSE: PBA - Investment analysts at Atb Cap Markets cut their FY2025 earnings per share (EPS) estimates for shares of Pembina Pipeline in a research note issued on Wednesday, November 6th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $3.14 per share for the year, down from their prior forecast of $3.27. The consensus estimate for Pembina Pipeline's current full-year earnings is $3.44 per share.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$0.60 EPS for the quarter, missing analysts' consensus estimates of C$0.79 by C($0.19). Pembina Pipeline had a net margin of 20.60% and a return on equity of 11.89%. The firm had revenue of C$1.84 billion for the quarter, compared to analysts' expectations of C$2.03 billion.

A number of other equities analysts have also weighed in on the company. Royal Bank of Canada upped their target price on Pembina Pipeline from C$60.00 to C$65.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. BMO Capital Markets increased their price objective on Pembina Pipeline from C$56.00 to C$58.00 in a research report on Thursday, September 5th. UBS Group upgraded Pembina Pipeline to a "hold" rating in a research report on Wednesday, September 11th. Citigroup increased their price objective on Pembina Pipeline from C$53.00 to C$56.00 in a research report on Wednesday, August 28th. Finally, ATB Capital increased their price objective on Pembina Pipeline from C$56.00 to C$58.00 in a research report on Wednesday, July 24th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Pembina Pipeline presently has an average rating of "Moderate Buy" and a consensus price target of C$58.29.

Pembina Pipeline Price Performance

PPL traded up C$0.67 during trading on Monday, reaching C$57.67. 687,590 shares of the company were exchanged, compared to its average volume of 2,705,459. The company has a market cap of C$33.46 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 1.58 and a beta of 1.48. The company has a quick ratio of 0.50, a current ratio of 0.69 and a debt-to-equity ratio of 77.50. The company's 50-day moving average is C$56.92 and its two-hundred day moving average is C$53.15. Pembina Pipeline has a 12-month low of C$43.37 and a 12-month high of C$59.86.

Pembina Pipeline Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 4.79%. The ex-dividend date is Monday, December 16th. Pembina Pipeline's dividend payout ratio (DPR) is currently 84.66%.

Insiders Place Their Bets

In other news, Senior Officer Jaret Sprott sold 37,414 shares of the firm's stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of C$52.55, for a total value of C$1,965,933.60. In other Pembina Pipeline news, Senior Officer Jaret Sprott sold 37,414 shares of Pembina Pipeline stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$52.55, for a total transaction of C$1,965,933.60. Also, Senior Officer J. Scott Burrows sold 3,926 shares of Pembina Pipeline stock in a transaction on Monday, August 26th. The shares were sold at an average price of C$54.32, for a total value of C$213,251.68. Company insiders own 0.05% of the company's stock.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.