What is Scotiabank's Forecast for Keyera FY2025 Earnings?

Keyera Corp. (TSE:KEY - Free Report) - Investment analysts at Scotiabank decreased their FY2025 EPS estimates for Keyera in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $2.14 for the year, down from their previous estimate of $2.18. Scotiabank currently has a "Outperform" rating and a $50.00 target price on the stock. The consensus estimate for Keyera's current full-year earnings is $2.22 per share.

KEY has been the subject of several other reports. Royal Bank of Canada raised their price target on Keyera from C$45.00 to C$46.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. BMO Capital Markets lifted their target price on shares of Keyera from C$41.00 to C$44.00 in a report on Friday, November 15th. ATB Capital upped their target price on shares of Keyera from C$43.00 to C$44.00 in a research note on Friday, November 15th. Citigroup raised their price target on shares of Keyera from C$46.00 to C$50.00 in a research report on Monday, November 18th. Finally, Raymond James upped their price objective on Keyera from C$47.00 to C$48.00 and gave the company an "outperform" rating in a research report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$43.62.

Keyera Stock Down 1.5 %

Shares of TSE:KEY opened at C$44.69 on Monday. The company has a current ratio of 1.30, a quick ratio of 0.57 and a debt-to-equity ratio of 143.51. The stock has a fifty day simple moving average of C$44.50 and a two-hundred day simple moving average of C$41.81. Keyera has a 12-month low of C$31.16 and a 12-month high of C$47.90. The stock has a market capitalization of C$10.24 billion, a price-to-earnings ratio of 29.99, a PEG ratio of 1.35 and a beta of 2.09.

Keyera Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were given a $0.52 dividend. The ex-dividend date was Friday, December 13th. This represents a $2.08 annualized dividend and a yield of 4.65%. Keyera's payout ratio is 139.60%.

Insider Buying and Selling at Keyera

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

Keyera Company Profile

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.