Raymond James Predicts Lower Earnings for Pembina Pipeline

Pembina Pipeline Co. (NYSE:PBA - Free Report) TSE: PPL - Analysts at Raymond James lowered their FY2025 earnings estimates for shares of Pembina Pipeline in a report released on Wednesday, April 9th. Raymond James analyst M. Barth now forecasts that the pipeline company will post earnings per share of $2.24 for the year, down from their prior forecast of $2.31. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.15 per share. Raymond James also issued estimates for Pembina Pipeline's FY2026 earnings at $2.27 EPS and FY2027 earnings at $2.35 EPS.

PBA has been the topic of several other reports. Citigroup raised Pembina Pipeline from a "neutral" rating to a "buy" rating in a research note on Monday, March 10th. TD Securities began coverage on Pembina Pipeline in a research note on Wednesday, January 15th. They set a "buy" rating on the stock. Finally, Wells Fargo & Company lowered shares of Pembina Pipeline from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 18th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $56.50.

Pembina Pipeline Trading Up 0.9 %

Shares of PBA traded up $0.34 during trading hours on Monday, hitting $37.37. The stock had a trading volume of 684,146 shares, compared to its average volume of 1,272,879. The company's fifty day simple moving average is $37.78 and its 200 day simple moving average is $38.96. Pembina Pipeline has a 12-month low of $33.83 and a 12-month high of $43.44. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.65. The firm has a market cap of $21.70 billion, a P/E ratio of 15.44 and a beta of 0.89.

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Institutional Trading of Pembina Pipeline

Several hedge funds and other institutional investors have recently bought and sold shares of PBA. MassMutual Private Wealth & Trust FSB grew its position in shares of Pembina Pipeline by 11.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,935 shares of the pipeline company's stock worth $108,000 after acquiring an additional 308 shares in the last quarter. Headlands Technologies LLC lifted its stake in Pembina Pipeline by 23.2% during the fourth quarter. Headlands Technologies LLC now owns 1,769 shares of the pipeline company's stock worth $65,000 after purchasing an additional 333 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Pembina Pipeline by 1.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 22,903 shares of the pipeline company's stock worth $846,000 after purchasing an additional 348 shares during the period. Albert D Mason Inc. increased its stake in Pembina Pipeline by 1.0% during the first quarter. Albert D Mason Inc. now owns 43,073 shares of the pipeline company's stock valued at $1,724,000 after purchasing an additional 426 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Pembina Pipeline by 4.5% during the fourth quarter. NewEdge Advisors LLC now owns 9,883 shares of the pipeline company's stock worth $365,000 after purchasing an additional 430 shares during the period. 55.37% of the stock is owned by institutional investors.

Pembina Pipeline Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.4783 per share. The ex-dividend date was Monday, March 17th. This represents a $1.91 annualized dividend and a dividend yield of 5.12%. Pembina Pipeline's payout ratio is 86.76%.

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.