Parkland Co. (TSE:PKI – Free Report) – Analysts at National Bank Financial cut their FY2026 earnings 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.
PKI has been the subject of several other research reports. CIBC upped their price target on shares of Parkland from C$48.00 to C$49.00 in a research report on Wednesday. Canaccord Genuity Group reduced their target price on Parkland from C$47.00 to C$45.00 and set a “buy” rating for the company in a report on Friday, November 1st. National Bankshares lowered their price target on Parkland from C$47.00 to C$45.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. JPMorgan Chase & Co. reduced their price objective on Parkland from C$54.00 to C$53.00 in a research note on Tuesday, September 17th. Finally, Scotiabank decreased their price objective on Parkland from C$60.00 to C$52.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, Parkland currently has a consensus rating of “Buy” and a consensus price target of C$48.08.
Parkland Stock Performance
PKI opened at C$36.15 on Thursday. The firm’s fifty day simple moving average is C$34.56 and its two-hundred day simple moving average is C$36.61. Parkland has a 52-week low of C$31.68 and a 52-week high of C$47.99. The company has a market cap of C$6.29 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 11.79 and a beta of 1.33. The company has a quick ratio of 0.73, a current ratio of 1.33 and a debt-to-equity ratio of 206.76.
Parkland Announces Dividend
The company 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 3.87%. Parkland’s payout ratio is 65.73%.
Insider Activity at Parkland
In other Parkland news, Director Michael Christian Jennings acquired 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were purchased at an average cost of C$32.02 per share, for a total transaction of C$128,060.00. 20.51% of the stock is currently owned by insiders.
Parkland Company Profile
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.
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