Atb Cap Markets Estimates Keyera’s FY2024 Earnings (TSE:KEY)

Keyera Corp. (TSE:KEY) – Analysts at Atb Cap Markets raised their FY2024 earnings per share estimates for Keyera in a report released on Thursday, November 14th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings per share of $2.20 for the year, up from their previous estimate of $1.98. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Atb Cap Markets also issued estimates for Keyera’s Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.94 EPS and FY2026 earnings at $2.11 EPS.

A number of other analysts have also recently commented on the stock. Citigroup upped their target price on shares of Keyera from C$46.00 to C$50.00 in a report on Monday. National Bankshares upped their price objective on Keyera from C$38.00 to C$39.00 in a research note on Friday. Royal Bank of Canada lifted their target price on Keyera from C$44.00 to C$45.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. ATB Capital upped their price target on Keyera from C$43.00 to C$44.00 in a research report on Friday. Finally, Raymond James set a C$47.00 price objective on Keyera and gave the company an “outperform” rating in a research report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$42.58.

Keyera Price Performance

Shares of TSE:KEY opened at C$45.09 on Monday. The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 143.51. The stock has a market capitalization of C$10.33 billion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The firm’s 50 day moving average price is C$42.89 and its 200-day moving average price is C$39.45. Keyera has a twelve month low of C$31.16 and a twelve month high of C$45.67.

Keyera Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were given a dividend of $0.52 per share. This is a positive change from Keyera’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, September 13th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.61%. Keyera’s dividend payout ratio is currently 139.60%.

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.