Analysts Set Expectations for TSE:PPL FY2028 Earnings

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

Several other analysts also recently weighed in on the stock. BMO Capital Markets reduced their price objective on shares of Pembina Pipeline from C$61.00 to C$59.00 in a research report on Friday, December 13th. Wells Fargo & Company lowered Pembina Pipeline from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from C$63.00 to C$57.00 in a report on Wednesday, December 18th. Royal Bank of Canada upped their target price 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. Raymond James cut their price target on Pembina Pipeline from C$62.00 to C$61.00 in a research report on Friday, December 13th. Finally, Barclays set a C$63.00 target price on Pembina Pipeline and gave the company an “overweight” rating in a report on Thursday, December 12th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Pembina Pipeline presently has a consensus rating of “Moderate Buy” and a consensus price target of C$58.67.

Pembina Pipeline Stock Up 1.0 %

Pembina Pipeline stock opened at C$53.16 on Wednesday. Pembina Pipeline has a 1-year low of C$44.56 and a 1-year high of C$60.72. The stock has a market cap of C$30.84 billion, a PE ratio of 16.31, a P/E/G ratio of 1.58 and a beta of 1.48. The company has a debt-to-equity ratio of 77.50, a current ratio of 0.69 and a quick ratio of 0.50. The stock’s fifty day moving average is C$55.79 and its two-hundred day moving average is C$54.77.

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

Pembina Pipeline Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.69 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.76 annualized dividend and a yield of 5.19%. Pembina Pipeline’s payout ratio is 84.66%.

Pembina Pipeline Company Profile

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.