National Bank Financial Comments on TSE:PPL FY2028 Earnings

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Analysts at National Bank Financial issued their FY2028 earnings estimates for shares of Pembina Pipeline in a report released on Monday, January 6th. National Bank Financial analyst P. Kenny forecasts that the company will post earnings per share of $3.87 for the year. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last issued its earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share for the quarter, missing the consensus estimate of C$0.79 by C($0.19). Pembina Pipeline had a return on equity of 11.89% and a net margin of 20.60%. The firm had revenue of C$1.84 billion during the quarter, compared to analysts’ expectations of C$2.03 billion.

PPL has been the topic of a number of other reports. Wells Fargo & Company cut shares of Pembina Pipeline from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from C$63.00 to C$57.00 in a research report on Wednesday, December 18th. Raymond James decreased their price target on shares of Pembina Pipeline from C$62.00 to C$61.00 in a research report on Friday, December 13th. Royal Bank of Canada raised their price objective on Pembina Pipeline from C$60.00 to C$65.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. Barclays set a C$63.00 price objective on Pembina Pipeline and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Finally, JPMorgan Chase & Co. increased their target price on Pembina Pipeline from C$60.00 to C$62.00 and gave the company a “hold” rating in a research note on Thursday, October 3rd. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$58.67.

Pembina Pipeline Stock Performance

TSE PPL opened at C$53.12 on Wednesday. The company has a debt-to-equity ratio of 77.50, a current ratio of 0.69 and a quick ratio of 0.50. Pembina Pipeline has a 1-year low of C$44.56 and a 1-year high of C$60.72. The firm has a market capitalization of C$30.82 billion, a P/E ratio of 16.29, a P/E/G ratio of 1.58 and a beta of 1.48. The business’s 50-day simple moving average is C$55.69 and its 200-day simple moving average is C$54.80.

Pembina Pipeline Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date of this dividend was Monday, December 16th. Pembina Pipeline’s dividend payout ratio is currently 84.66%.

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.