National Bank Financial Predicts TSE:PPL FY2025 Earnings

Pembina Pipeline Co. (TSE:PPL - Free Report) NYSE: PBA - Equities research analysts at National Bank Financial raised their FY2025 earnings per share estimates for shares of Pembina Pipeline in a research report issued on Wednesday, November 6th. National Bank Financial analyst P. Kenny now anticipates that the company will earn $3.63 per share for the year, up from their previous estimate of $3.60. The consensus estimate for Pembina Pipeline's current full-year earnings is $3.44 per share.

Several other brokerages also recently issued reports on PPL. Royal Bank of Canada raised their price objective on shares of Pembina Pipeline from C$60.00 to C$65.00 and gave the stock an "outperform" rating in a research report on Thursday, October 3rd. JPMorgan Chase & Co. boosted their price target on Pembina Pipeline from C$60.00 to C$62.00 and gave the company a "hold" rating in a research report on Thursday, October 3rd. UBS Group raised Pembina Pipeline to a "hold" rating in a research note on Wednesday, September 11th. ATB Capital lifted their target price on Pembina Pipeline from C$56.00 to C$58.00 in a research note on Wednesday, July 24th. Finally, Raymond James set a C$63.00 price target on Pembina Pipeline and gave the stock an "outperform" rating in a research note on Friday, October 11th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$58.29.

Pembina Pipeline Stock Performance

Shares of PPL traded up C$0.01 during midday trading on Friday, reaching C$57.14. 455,759 shares of the stock were exchanged, compared to its average volume of 2,711,151. Pembina Pipeline has a twelve month low of C$43.37 and a twelve month high of C$59.86. The company has a debt-to-equity ratio of 77.50, a current ratio of 0.69 and a quick ratio of 0.50. The company has a market capitalization of C$33.15 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.58 and a beta of 1.48. The business's 50-day moving average price is C$56.79 and its 200 day moving average price is C$53.02.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last issued its earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of C$1.84 billion during the quarter, compared to analyst estimates of C$2.03 billion.

Pembina Pipeline Dividend Announcement

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 dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend is Monday, December 16th. Pembina Pipeline's dividend payout ratio is presently 84.66%.

Insider Activity at Pembina Pipeline

In other news, Senior Officer Jaret Sprott sold 37,414 shares of Pembina Pipeline stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$52.55, for a total transaction of C$1,965,933.60. In related news, Senior Officer Jaret Sprott sold 37,414 shares of the firm's stock in a transaction that occurred on Tuesday, August 20th. The shares were 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 the business's 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. 0.05% of the stock is currently owned by corporate insiders.

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.