FY2025 Earnings Estimate for Pembina Pipeline Co. (TSE:PPL) Issued By National Bank Financial

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Equities research analysts at National Bank Financial decreased their FY2025 earnings per share estimates for Pembina Pipeline in a note issued to investors on Wednesday, June 26th. National Bank Financial analyst P. Kenny now forecasts that the company will earn $3.53 per share for the year, down from their previous estimate of $3.56. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.15 per share.

PPL has been the subject of several other research reports. JPMorgan Chase & Co. upped their price objective on shares of Pembina Pipeline from C$51.00 to C$52.00 and gave the stock a “neutral” rating in a research report on Friday, April 12th. TD Securities raised their price objective on Pembina Pipeline from C$53.00 to C$56.00 and gave the company a “buy” rating in a research note on Tuesday, May 14th. Scotiabank lifted their price target on shares of Pembina Pipeline from C$55.00 to C$56.00 and gave the company a “sector perform” rating in a report on Sunday, May 19th. CIBC upped their price target on shares of Pembina Pipeline from C$57.00 to C$58.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, National Bankshares raised their price objective on Pembina Pipeline from C$51.00 to C$52.00 in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$54.50.

Pembina Pipeline Stock Down 0.3 %

PPL stock opened at C$50.76 on Friday. Pembina Pipeline has a fifty-two week low of C$38.79 and a fifty-two week high of C$51.59. The company has a debt-to-equity ratio of 74.45, a current ratio of 1.03 and a quick ratio of 0.50. The stock has a market capitalization of C$29.42 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 4.80 and a beta of 1.48. The business’s fifty day moving average price is C$49.91 and its two-hundred day moving average price is C$47.73.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last released its quarterly earnings results on Thursday, May 9th. The company reported C$0.73 earnings per share for the quarter, missing the consensus estimate of C$0.74 by C($0.01). Pembina Pipeline had a net margin of 20.39% and a return on equity of 11.65%. The company had revenue of C$1.54 billion during the quarter, compared to the consensus estimate of C$2.50 billion.

Pembina Pipeline Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 17th were given a dividend of $0.69 per share. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.67. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend was Monday, June 17th. Pembina Pipeline’s dividend payout ratio (DPR) is presently 88.75%.

Insider Buying and Selling

In other news, Senior Officer Stuart Taylor sold 29,034 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of C$50.44, for a total value of C$1,464,474.96. In related news, Director Henry William Sykes bought 1,984 shares of the company’s stock in a transaction on Tuesday, April 9th. The shares were purchased at an average cost of C$48.44 per share, for a total transaction of C$96,098.02. Also, Senior Officer Stuart Taylor sold 29,034 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of C$50.44, for a total transaction of C$1,464,474.96. Over the last ninety days, insiders have sold 56,037 shares of company stock worth $2,822,669. 0.04% of the stock is owned by 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.