FY2025 EPS Estimates for Parkland Lifted by Raymond James

Parkland Co. (TSE:PKI) – Raymond James lifted their FY2025 earnings estimates for Parkland in a research note issued on Wednesday, November 27th. Raymond James analyst S. Hansen now expects that the company will earn $3.28 per share for the year, up from their previous forecast of $3.11. The consensus estimate for Parkland’s current full-year earnings is $3.60 per share.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity Group dropped their target price on shares of Parkland from C$47.00 to C$45.00 and set a “buy” rating for the company in a report on Friday, November 1st. ATB Capital dropped their target price on shares of Parkland from C$49.00 to C$46.00 and set an “outperform” rating for the company in a report on Friday, November 1st. National Bankshares dropped their target price on shares of Parkland from C$47.00 to C$45.00 and set a “buy” rating for the company in a report on Friday, November 1st. BMO Capital Markets dropped their target price on shares of Parkland from C$49.00 to C$46.00 in a report on Tuesday, October 22nd. Finally, TD Securities dropped their target price on shares of Parkland from C$55.00 to C$53.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$48.08.

Parkland Trading Down 0.6 %

PKI opened at C$35.95 on Monday. Parkland has a twelve month low of C$31.68 and a twelve month high of C$47.99. The company has a 50-day simple moving average of C$34.58 and a 200 day simple moving average of C$36.55. The company has a quick ratio of 0.73, a current ratio of 1.33 and a debt-to-equity ratio of 206.76. The stock has a market capitalization of C$6.26 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 11.79 and a beta of 1.33.

Insider Activity at Parkland

In other news, Director Michael Christian Jennings bought 4,000 shares of the firm’s stock in a transaction on Monday, November 4th. The stock was acquired at an average price of C$32.02 per share, with a total value of C$128,060.00. 20.51% of the stock is owned by company insiders.

Parkland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 20th were issued a $0.35 dividend. The ex-dividend date was Thursday, September 19th. This represents a $1.40 dividend on an annualized basis and a yield of 3.89%. Parkland’s dividend payout ratio (DPR) is presently 65.73%.

Parkland Company Profile

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.