What is Scotiabank’s Forecast for Keyera FY2025 Earnings?

Keyera Corp. (TSE:KEY) – Scotiabank dropped their FY2025 earnings estimates for shares of Keyera in a report released on Wednesday, January 8th. Scotiabank analyst R. Hope now anticipates that the company will post earnings of $2.14 per share for the year, down from their previous estimate of $2.18. Scotiabank has a “Outperform” rating and a $50.00 price objective on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.

A number of other equities research analysts also recently issued reports on KEY. Barclays set a C$46.00 price target on Keyera and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Raymond James boosted their target price on Keyera from C$47.00 to C$48.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. National Bankshares lifted their price target on shares of Keyera from C$38.00 to C$39.00 in a research report on Friday, November 15th. BMO Capital Markets boosted their price objective on shares of Keyera from C$41.00 to C$44.00 in a research note on Friday, November 15th. Finally, Royal Bank of Canada lifted their target price on shares of Keyera from C$45.00 to C$46.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$43.62.

Keyera Trading Down 1.5 %

Shares of KEY stock opened at C$44.69 on Monday. Keyera has a 1-year low of C$31.16 and a 1-year high of C$47.90. The firm’s 50-day simple moving average is C$44.50 and its 200-day simple moving average is C$41.81. The firm has a market cap of C$10.24 billion, a P/E ratio of 29.99, a PEG ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57.

Keyera Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.52 per share. The ex-dividend date was Friday, December 13th. This represents a $2.08 dividend on an annualized basis and a yield of 4.65%. Keyera’s dividend payout ratio is currently 139.60%.

Insider Buying and Selling at Keyera

In other Keyera news, Director James Vance Bertram sold 50,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$46.38, for a total transaction of C$2,318,750.00. Insiders own 0.39% of the company’s stock.

About Keyera

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.