Equities Analysts Issue Forecasts for PBA FY2025 Earnings

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Equities researchers at National Bank Financial cut their FY2025 earnings estimates for Pembina Pipeline in a report issued on Wednesday, November 6th. National Bank Financial analyst P. Kenny now forecasts that the pipeline company will earn $2.61 per share for the year, down from their previous estimate of $2.63. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.29 per share.

PBA has been the topic of several other reports. Raymond James assumed coverage on shares of Pembina Pipeline in a research report on Friday, October 11th. They set an “outperform” rating on the stock. Citigroup boosted their price objective on shares of Pembina Pipeline from $53.00 to $56.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Finally, UBS Group initiated coverage on Pembina Pipeline in a research report on Wednesday, September 11th. They set a “neutral” rating for the company. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Pembina Pipeline presently has a consensus rating of “Hold” and an average target price of $56.50.

Pembina Pipeline Stock Performance

Shares of PBA stock opened at $41.40 on Monday. The business’s 50-day moving average price is $41.63 and its 200-day moving average price is $38.90. Pembina Pipeline has a 12 month low of $31.51 and a 12 month high of $43.44. The company has a current ratio of 0.65, a quick ratio of 0.55 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $24.03 billion, a price-to-earnings ratio of 17.11 and a beta of 1.25.

Pembina Pipeline Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a $0.69 dividend. The ex-dividend date of this dividend is Monday, December 16th. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.50. This represents a $2.76 annualized dividend and a dividend yield of 6.67%. Pembina Pipeline’s dividend payout ratio (DPR) is 84.30%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Prospera Private Wealth LLC bought a new stake in Pembina Pipeline in the third quarter worth approximately $26,000. Kayne Anderson Capital Advisors LP grew its position in shares of Pembina Pipeline by 15.3% during the 3rd quarter. Kayne Anderson Capital Advisors LP now owns 4,155,198 shares of the pipeline company’s stock worth $171,360,000 after buying an additional 550,491 shares during the period. Swiss National Bank increased its stake in shares of Pembina Pipeline by 0.8% in the 3rd quarter. Swiss National Bank now owns 1,752,596 shares of the pipeline company’s stock valued at $72,360,000 after acquiring an additional 13,800 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Pembina Pipeline by 19.2% during the 3rd quarter. Natixis Advisors LLC now owns 33,232 shares of the pipeline company’s stock valued at $1,370,000 after acquiring an additional 5,360 shares during the period. Finally, Empowered Funds LLC boosted its stake in Pembina Pipeline by 96.8% during the third quarter. Empowered Funds LLC now owns 12,334 shares of the pipeline company’s stock worth $509,000 after acquiring an additional 6,068 shares in the last quarter. 55.37% of the stock is owned by institutional investors and hedge funds.

About Pembina Pipeline

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.