
Pembina Pipeline Corp. (NYSE:PBA – Free Report) (TSE:PPL) – Equities researchers at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Pembina Pipeline in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst R. Hope now forecasts that the pipeline company will earn $2.29 per share for the year, down from their previous forecast of $2.36. Scotiabank has a “Sector Perform” rating on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.20 per share. Scotiabank also issued estimates for Pembina Pipeline’s FY2027 earnings at $2.32 EPS.
Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last released its earnings results on Thursday, July 30th. The pipeline company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.01). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.46 billion. Pembina Pipeline had a net margin of 22.41% and a return on equity of 11.41%. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.65 EPS.
PBA has been the subject of a number of other research reports. Barclays reissued an “overweight” rating on shares of Pembina Pipeline in a research note on Wednesday, October 7th. Canadian Imperial Bank of Commerce cut shares of Pembina Pipeline from an “outperform” rating to a “hold” rating in a research report on Thursday, October 22nd. Raymond James Financial reiterated an “outperform” rating on shares of Pembina Pipeline in a report on Wednesday, October 14th. Wall Street Zen raised Pembina Pipeline from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, TD Securities reissued a “buy” rating on shares of Pembina Pipeline in a research note on Friday, October 16th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $64.00.
Get Our Latest Stock Report on PBA
Pembina Pipeline Trading Down 0.0%
NYSE:PBA opened at $50.32 on Tuesday. The firm’s fifty day moving average is $47.83 and its 200-day moving average is $46.00. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.50 and a current ratio of 0.62. Pembina Pipeline has a 52 week low of $36.20 and a 52 week high of $51.58. The firm has a market cap of $29.26 billion, a P/E ratio of 24.67 and a beta of 0.62.
Institutional Trading of Pembina Pipeline
Several large investors have recently made changes to their positions in PBA. Cardinal Capital Management Inc. boosted its holdings in Pembina Pipeline by 102.4% in the third quarter. Cardinal Capital Management Inc. now owns 7,356,398 shares of the pipeline company’s stock worth $329,243,000 after acquiring an additional 3,721,819 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Pembina Pipeline in the 2nd quarter worth $285,738,000. Canada Pension Plan Investment Board bought a new position in shares of Pembina Pipeline in the 2nd quarter worth $264,907,000. Deutsche Bank AG acquired a new stake in Pembina Pipeline in the 2nd quarter valued at $262,233,000. Finally, Legal & General Group Plc bought a new stake in shares of Pembina Pipeline during the second quarter worth about $199,230,000. 55.37% of the stock is currently owned by institutional investors and hedge funds.
Pembina Pipeline Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th were paid a C$0.73 dividend. This represents a $2.94 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Pembina Pipeline’s payout ratio is 103.92%.
Pembina Pipeline Company Profile
Pembina Pipeline Corporation is a Canadian energy infrastructure company headquartered in Calgary, Alberta. Founded in 1954, the company owns and operates pipelines and related facilities that transport and process hydrocarbon products, primarily in Western Canada.
Pembina’s operations include conventional and oil sands pipelines, natural gas gathering and processing facilities, fractionation and storage assets, and infrastructure for moving natural gas liquids such as propane, butane and ethane.
Read More
- Five stocks we like better than Pembina Pipeline
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Pembina Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline and related companies with MarketBeat.com's FREE daily email newsletter.
