What is Seaport Res Ptn’s Forecast for PAA FY2025 Earnings?

Plains All American Pipeline, L.P. (NYSE:PAA) – Seaport Res Ptn decreased their FY2025 earnings per share (EPS) estimates for shares of Plains All American Pipeline in a report released on Tuesday, October 29th. Seaport Res Ptn analyst S. Sibal now anticipates that the pipeline company will post earnings of $1.02 per share for the year, down from their prior forecast of $1.05. The consensus estimate for Plains All American Pipeline’s current full-year earnings is $1.31 per share. Seaport Res Ptn also issued estimates for Plains All American Pipeline’s FY2026 earnings at $1.02 EPS and FY2027 earnings at $1.08 EPS.

A number of other analysts have also issued reports on the company. Morgan Stanley lowered Plains All American Pipeline from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $22.00 to $19.00 in a report on Friday, October 25th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $19.00 target price on shares of Plains All American Pipeline in a report on Wednesday, September 4th. Finally, Bank of America started coverage on Plains All American Pipeline in a research note on Thursday, October 17th. They set a “neutral” rating and a $18.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Plains All American Pipeline presently has a consensus rating of “Hold” and a consensus price target of $19.82.

Plains All American Pipeline Price Performance

Plains All American Pipeline stock opened at $16.27 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.00 and a quick ratio of 0.90. The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 14.79 and a beta of 1.60. The firm has a 50-day moving average of $17.47 and a two-hundred day moving average of $17.58. Plains All American Pipeline has a 1 year low of $14.46 and a 1 year high of $19.17.

Plains All American Pipeline (NYSE:PAA) last issued its earnings results on Friday, August 2nd. The pipeline company reported $0.31 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.31. Plains All American Pipeline had a net margin of 2.07% and a return on equity of 11.52%. The firm had revenue of $12.93 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same period in the previous year, the firm earned $0.25 earnings per share. The business’s revenue was up 11.5% on a year-over-year basis.

Plains All American Pipeline Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, October 31st will be paid a dividend of $0.3175 per share. The ex-dividend date is Thursday, October 31st. This represents a $1.27 annualized dividend and a dividend yield of 7.81%. Plains All American Pipeline’s dividend payout ratio (DPR) is presently 115.45%.

Institutional Investors Weigh In On Plains All American Pipeline

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new position in Plains All American Pipeline in the first quarter worth $26,000. Future Financial Wealth Managment LLC purchased a new position in Plains All American Pipeline during the 3rd quarter worth $28,000. ORG Partners LLC grew its stake in Plains All American Pipeline by 78.5% during the 2nd quarter. ORG Partners LLC now owns 1,660 shares of the pipeline company’s stock worth $30,000 after buying an additional 730 shares during the last quarter. Evermay Wealth Management LLC acquired a new position in Plains All American Pipeline during the 1st quarter valued at about $35,000. Finally, Sunbelt Securities Inc. raised its stake in Plains All American Pipeline by 53.2% in the second quarter. Sunbelt Securities Inc. now owns 3,795 shares of the pipeline company’s stock valued at $68,000 after buying an additional 1,318 shares during the last quarter. Hedge funds and other institutional investors own 41.78% of the company’s stock.

Plains All American Pipeline Company Profile

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and on barges or railcars.