Research Analysts Issue Forecasts for Keyera FY2025 Earnings

Keyera Corp. (TSE:KEY - Free Report) - Equities research analysts at Raymond James cut their FY2025 earnings estimates for shares of Keyera in a note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings of $2.15 per share for the year, down from their previous forecast of $2.25. The consensus estimate for Keyera's current full-year earnings is $2.22 per share.

Other equities research analysts have also recently issued research reports about the company. Cibc World Mkts upgraded Keyera from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. TD Securities set a C$45.00 price target on shares of Keyera and gave the company a "hold" rating in a report on Wednesday, January 15th. Finally, CIBC boosted their price target on Keyera from C$46.00 to C$48.00 in a research note on Friday, February 14th. Five equities research 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 MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$44.77.

Keyera Stock Up 0.3 %

KEY traded up C$0.14 during trading on Friday, reaching C$41.71. The company had a trading volume of 195,794 shares, compared to its average volume of 1,278,992. The business's fifty day moving average price is C$42.34 and its 200 day moving average price is C$43.21. Keyera has a 12 month low of C$34.38 and a 12 month high of C$47.90. The company has a market cap of C$9.61 billion, a P/E ratio of 21.50, a PEG ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 137.59, a current ratio of 1.31 and a quick ratio of 0.57.

Keyera Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were paid a $0.52 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.08 annualized dividend and a dividend yield of 4.99%. Keyera's payout ratio is presently 107.20%.

About Keyera

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.