Raymond James Has Positive Outlook of Keyera FY2026 Earnings

Keyera Corp. (TSE:KEY - Free Report) - Equities researchers at Raymond James boosted their FY2026 earnings per share estimates for Keyera in a research report issued on Thursday, February 13th. Raymond James analyst M. Barth now forecasts that the company will earn $2.53 per share for the year, up from their prior estimate of $2.49. Raymond James has a "Outperform" rating and a $48.00 price target on the stock. The consensus estimate for Keyera's current full-year earnings is $2.22 per share. Raymond James also issued estimates for Keyera's FY2026 earnings at $2.53 EPS.

A number of other brokerages have also recently commented on KEY. Barclays set a C$46.00 price target on Keyera and gave the stock an "equal weight" rating in a research report on Thursday, December 12th. National Bankshares upped their price target on Keyera from C$38.00 to C$39.00 in a research report on Friday, November 15th. Scotiabank upped their price target on Keyera from C$48.00 to C$50.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Royal Bank of Canada upped their price objective on Keyera from C$45.00 to C$46.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Finally, Citigroup upped their price objective on Keyera from C$46.00 to C$50.00 in a research note on Monday, November 18th. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Keyera presently has an average rating of "Moderate Buy" and a consensus target price of C$44.77.

Keyera Stock Performance

Keyera stock traded up C$0.21 during mid-day trading on Monday, reaching C$42.84. 1,213,468 shares of the stock traded hands, compared to its average volume of 1,007,339. The stock has a market capitalization of C$9.87 billion, a PE ratio of 22.08, a price-to-earnings-growth 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 has a 12-month low of C$33.00 and a 12-month high of C$47.90. The business's 50-day moving average is C$42.78 and its 200-day moving average is C$42.57.

Insider Transactions at Keyera

In other news, Director James Vance Bertram sold 50,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$46.38, for a total value of C$2,318,750.00. Company insiders own 0.39% of the company's stock.

Keyera Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.86%. The ex-dividend date of this dividend was Friday, December 13th. Keyera's payout ratio is 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.