FY2027 Earnings Forecast for Keyera Issued By Raymond James

Keyera Corp. (TSE:KEY) – Equities research analysts at Raymond James cut their FY2027 EPS estimates for Keyera in a note issued to investors on Tuesday, December 10th. Raymond James analyst M. Barth now expects that the company will post earnings of $2.62 per share for the year, down from their prior estimate of $2.77. Raymond James has a “Outperform” rating and a $48.00 price target on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Raymond James also issued estimates for Keyera’s FY2028 earnings at $3.10 EPS.

A number of other analysts have also recently weighed in on KEY. Barclays set a C$46.00 price target on shares of Keyera and gave the stock an “equal weight” rating in a research report on Thursday. Jefferies Financial Group boosted their price objective on Keyera from C$43.00 to C$47.00 and gave the company a “buy” rating in a research report on Monday, September 30th. Royal Bank of Canada raised their target price on Keyera from C$45.00 to C$46.00 and gave the company an “outperform” rating in a research report on Wednesday. BMO Capital Markets raised their price objective on shares of Keyera from C$41.00 to C$44.00 in a research report on Friday, November 15th. Finally, Scotiabank lifted their target price on shares of Keyera from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Wednesday. 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’s stock. According to data from MarketBeat.com, Keyera has an average rating of “Moderate Buy” and a consensus target price of C$43.62.

Keyera Stock Performance

TSE KEY opened at C$44.61 on Thursday. The firm has a market capitalization of C$10.22 billion, a P/E ratio of 29.94, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57. Keyera has a 1-year low of C$31.16 and a 1-year high of C$47.90. The business’s 50-day simple moving average is C$44.39 and its 200-day simple moving average is C$40.68.

Keyera Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.66%. The ex-dividend date is Friday, December 13th. Keyera’s payout ratio is presently 139.60%.

Insider Buying and Selling at Keyera

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