PBA FY2025 EPS Estimate Decreased by National Bank Financial

Pembina Pipeline Co. (NYSE:PBA - Free Report) TSE: PPL - National Bank Financial lowered their FY2025 earnings per share estimates for Pembina Pipeline in a research report issued on Wednesday, November 6th. National Bank Financial analyst P. Kenny now expects that the pipeline company will post earnings per share of $2.61 for the year, down from their prior estimate of $2.63. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.29 per share.

A number of other research firms also recently weighed in on PBA. UBS Group assumed coverage on Pembina Pipeline in a research report on Wednesday, September 11th. They set a "neutral" rating on the stock. Citigroup lifted their target price on Pembina Pipeline from $53.00 to $56.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 28th. Finally, Raymond James assumed coverage on Pembina Pipeline in a report on Friday, October 11th. They set an "outperform" rating on the stock. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $56.50.

Pembina Pipeline Stock Performance

Shares of Pembina Pipeline stock traded up $0.43 during trading on Monday, reaching $41.40. The company's stock had a trading volume of 540,787 shares, compared to its average volume of 1,114,008. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.55 and a current ratio of 0.65. The business's fifty day moving average price is $41.63 and its 200-day moving average price is $38.90. The firm has a market cap of $24.03 billion, a price-to-earnings ratio of 16.93 and a beta of 1.25. Pembina Pipeline has a one year low of $31.51 and a one year high of $43.44.

Pembina Pipeline (NYSE:PBA - Get Free Report) TSE: PPL last posted its earnings results on Thursday, August 8th. The pipeline company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.54 by $0.21. Pembina Pipeline had a net margin of 25.39% and a return on equity of 13.62%. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm posted $0.45 earnings per share. The company's revenue for the quarter was up 30.5% compared to the same quarter last year.

Institutional Trading of Pembina Pipeline

Several institutional investors and hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC grew its holdings in shares of Pembina Pipeline by 6.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 9,475 shares of the pipeline company's stock valued at $335,000 after buying an additional 538 shares during the period. Quantbot Technologies LP increased its position in shares of Pembina Pipeline by 10,862.7% in the 1st quarter. Quantbot Technologies LP now owns 32,340 shares of the pipeline company's stock valued at $1,143,000 after buying an additional 32,045 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Pembina Pipeline by 19.4% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 17,863 shares of the pipeline company's stock valued at $631,000 after buying an additional 2,902 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of Pembina Pipeline in the 1st quarter valued at $100,000. Finally, Russell Investments Group Ltd. increased its position in shares of Pembina Pipeline by 10.5% in the 1st quarter. Russell Investments Group Ltd. now owns 844,732 shares of the pipeline company's stock valued at $29,838,000 after buying an additional 80,596 shares in the last quarter. Institutional investors own 55.37% of the company's stock.

Pembina Pipeline Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 6.67%. The ex-dividend date is Monday, December 16th. This is a boost from Pembina Pipeline's previous quarterly dividend of $0.50. Pembina Pipeline's payout ratio is 84.30%.

About Pembina Pipeline

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.