Gibson Energy Inc. (TSE:GEI – Free Report) – Investment analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for Gibson Energy in a research note issued on Wednesday, December 4th. National Bank Financial analyst P. Kenny now expects that the company will earn $1.75 per share for the year, up from their previous forecast of $1.64.
Other analysts have also recently issued reports about the stock. Royal Bank of Canada raised their target price on shares of Gibson Energy from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. Jefferies Financial Group raised their price objective on Gibson Energy from C$25.00 to C$26.00 in a research note on Thursday. Scotiabank boosted their target price on Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday. JPMorgan Chase & Co. decreased their price target on Gibson Energy from C$27.00 to C$26.00 in a research report on Wednesday, October 2nd. Finally, CIBC lifted their price target on Gibson Energy from C$27.00 to C$29.00 in a research note on Thursday. Nine investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$26.70.
Gibson Energy Stock Performance
Shares of GEI opened at C$25.59 on Monday. The company has a debt-to-equity ratio of 292.01, a current ratio of 1.18 and a quick ratio of 0.87. The firm’s 50 day moving average is C$23.27 and its 200-day moving average is C$22.73. Gibson Energy has a 12-month low of C$19.42 and a 12-month high of C$26.10. The stock has a market capitalization of C$4.17 billion, a P/E ratio of 24.14, a P/E/G ratio of 1.85 and a beta of 1.25.
Gibson Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.64 dividend on an annualized basis and a yield of 6.41%. Gibson Energy’s payout ratio is presently 154.72%.
Gibson Energy Company Profile
Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.
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