Gibson Energy Inc. (TSE:GEI – Free Report) – Equities researchers at Raymond James upped their FY2025 earnings per share (EPS) estimates for shares of Gibson Energy in a research note issued to investors on Thursday, December 5th. Raymond James analyst M. Barth now forecasts that the company will post earnings of $1.57 per share for the year, up from their previous forecast of $1.51.
Several other research firms have also weighed in on GEI. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating and boosted their target price for the company from C$25.50 to C$28.00 in a report on Thursday. Scotiabank upped their price objective on Gibson Energy from C$25.00 to C$26.00 in a report on Thursday. Royal Bank of Canada raised their target price on Gibson Energy from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. JPMorgan Chase & Co. decreased their price target on Gibson Energy from C$27.00 to C$26.00 in a research note on Wednesday, October 2nd. Finally, National Bankshares raised their price objective on Gibson Energy from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Friday, August 23rd. Nine equities research 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 target price of C$26.70.
Gibson Energy Stock Performance
Shares of GEI opened at C$25.59 on Monday. Gibson Energy has a 12-month low of C$19.42 and a 12-month high of C$26.10. The firm 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. The firm has a 50-day moving average price of C$23.27 and a 200 day moving average price of C$22.73. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 292.01.
Gibson Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 6.41%. The ex-dividend date of this dividend is Tuesday, December 31st. Gibson Energy’s payout ratio is currently 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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