National Bank Financial Predicts Parkland FY2026 Earnings

Parkland Co. (TSE:PKI) – Research analysts at National Bank Financial dropped their FY2026 earnings per share estimates for shares of Parkland in a research report issued on Tuesday, November 26th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $4.23 for the year, down from their prior estimate of $4.36. The consensus estimate for Parkland’s current full-year earnings is $3.60 per share.

A number of other research firms also recently commented on PKI. Cormark cut their price objective on shares of Parkland from C$53.00 to C$49.00 in a report on Friday, August 2nd. Royal Bank of Canada cut their price target on Parkland from C$49.00 to C$48.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Desjardins lowered their price objective on Parkland from C$46.00 to C$44.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. National Bankshares cut their target price on Parkland from C$47.00 to C$45.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Finally, Canaccord Genuity Group lowered their price target on shares of Parkland from C$47.00 to C$45.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Parkland has a consensus rating of “Buy” and an average target price of C$48.08.

Parkland Price Performance

Shares of TSE PKI opened at C$36.74 on Thursday. The firm has a 50-day simple moving average of C$34.51 and a 200-day simple moving average of C$36.61. The company has a quick ratio of 0.73, a current ratio of 1.33 and a debt-to-equity ratio of 206.76. The stock has a market capitalization of C$6.40 billion, a price-to-earnings ratio of 17.27, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. Parkland has a 52 week low of C$31.68 and a 52 week high of C$47.99.

Parkland Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 20th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $1.40 annualized dividend and a dividend yield of 3.81%. Parkland’s dividend payout ratio is presently 65.73%.

Insider Activity

In related news, Director Michael Christian Jennings purchased 4,000 shares of Parkland stock in a transaction on Monday, November 4th. The shares were bought at an average price of C$32.02 per share, with a total value of C$128,060.00. Insiders own 20.51% of the company’s stock.

About Parkland

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.