What is Scotiabank’s Forecast for PBA FY2026 Earnings?

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Scotiabank issued their FY2026 earnings estimates for shares of Pembina Pipeline in a report issued on Wednesday, January 8th. Scotiabank analyst R. Hope anticipates that the pipeline company will earn $2.32 per share for the year. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.25 per share.

Several other research firms also recently issued reports on PBA. Raymond James started coverage on Pembina Pipeline in a report on Friday, October 11th. They set an “outperform” rating on the stock. Wells Fargo & Company cut Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, Barclays started coverage on Pembina Pipeline in a report on Thursday, December 12th. They set an “overweight” rating for the company. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $56.50.

Pembina Pipeline Price Performance

Shares of PBA stock opened at $36.29 on Friday. Pembina Pipeline has a 1 year low of $32.81 and a 1 year high of $43.44. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79. The firm’s 50 day moving average is $39.26 and its 200-day moving average is $39.65. The firm has a market capitalization of $21.07 billion, a price-to-earnings ratio of 15.00 and a beta of 1.25.

Pembina Pipeline Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a $0.69 dividend. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.76 annualized dividend and a yield of 7.61%. Pembina Pipeline’s dividend payout ratio is presently 84.30%.

Hedge Funds Weigh In On Pembina Pipeline

Several institutional investors have recently modified their holdings of PBA. Toronto Dominion Bank boosted its stake in Pembina Pipeline by 97.2% during the 2nd quarter. Toronto Dominion Bank now owns 8,938,488 shares of the pipeline company’s stock worth $331,439,000 after acquiring an additional 4,405,792 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in Pembina Pipeline by 56.9% in the second quarter. Canada Pension Plan Investment Board now owns 8,387,525 shares of the pipeline company’s stock worth $311,142,000 after purchasing an additional 3,043,200 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Pembina Pipeline by 71.6% during the third quarter. The Manufacturers Life Insurance Company now owns 3,163,711 shares of the pipeline company’s stock worth $130,501,000 after purchasing an additional 1,319,709 shares in the last quarter. Intact Investment Management Inc. grew its holdings in shares of Pembina Pipeline by 83.2% in the 3rd quarter. Intact Investment Management Inc. now owns 1,976,934 shares of the pipeline company’s stock valued at $81,498,000 after buying an additional 897,940 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Pembina Pipeline by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,049,470 shares of the pipeline company’s stock valued at $167,000,000 after buying an additional 624,958 shares in the last quarter. 55.37% of the stock is currently 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.