Raymond James Comments on Keyera’s FY2027 Earnings (TSE:KEY)

Keyera Corp. (TSE:KEY) – Stock analysts at Raymond James decreased their FY2027 earnings per share estimates for Keyera in a report released on Tuesday, December 10th. Raymond James analyst M. Barth now forecasts that the company will post earnings per share of $2.62 for the year, down from their previous forecast of $2.77. Raymond James has a “Outperform” rating and a $48.00 price target on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Raymond James also issued estimates for Keyera’s FY2028 earnings at $3.10 EPS.

Other equities analysts have also recently issued reports about the stock. Barclays set a C$46.00 price target on shares of Keyera and gave the company an “equal weight” rating in a research report on Thursday. Scotiabank increased their price objective on Keyera from C$48.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday. Jefferies Financial Group lifted their target price on Keyera from C$43.00 to C$47.00 and gave the stock a “buy” rating in a report on Monday, September 30th. Royal Bank of Canada upped their price target on Keyera from C$45.00 to C$46.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, National Bankshares raised their price objective on Keyera from C$38.00 to C$39.00 in a research report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Keyera presently has a consensus rating of “Moderate Buy” and a consensus price target of C$43.62.

Keyera Trading Down 1.5 %

Shares of KEY stock opened at C$43.42 on Thursday. Keyera has a twelve month low of C$31.16 and a twelve month high of C$47.90. The stock’s fifty day simple moving average is C$44.41 and its 200 day simple moving average is C$40.73. The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 143.51. The firm has a market capitalization of C$9.95 billion, a P/E ratio of 29.14, a P/E/G ratio of 1.35 and a beta of 2.09.

Insider Buying and Selling at Keyera

In other Keyera news, Director James Vance Bertram sold 50,000 shares of the stock in a transaction on Thursday, December 5th. The stock was 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.

Keyera Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date of this dividend is Friday, December 13th. Keyera’s dividend payout ratio is currently 139.60%.

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.