Raymond James Has Negative Outlook for PBA FY2025 Earnings

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for shares of Pembina Pipeline in a report issued on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the pipeline company will earn $2.24 per share for the year, down from their previous estimate of $2.31. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share. Raymond James also issued estimates for Pembina Pipeline’s FY2026 earnings at $2.27 EPS and FY2027 earnings at $2.35 EPS.

A number of other brokerages have also weighed in on PBA. Wells Fargo & Company lowered shares of Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Citigroup upgraded Pembina Pipeline from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th. Finally, TD Securities initiated coverage on Pembina Pipeline in a research note on Wednesday, January 15th. They issued a “buy” rating for the company. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $56.50.

Pembina Pipeline Price Performance

Shares of NYSE:PBA opened at $37.00 on Monday. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79. Pembina Pipeline has a 12 month low of $33.83 and a 12 month high of $43.44. The stock has a market capitalization of $21.48 billion, a PE ratio of 15.29 and a beta of 0.89. The firm has a 50 day moving average of $37.78 and a 200-day moving average of $38.96.

Institutional Trading of Pembina Pipeline

A number of hedge funds and other institutional investors have recently bought and sold shares of PBA. Versant Capital Management Inc bought a new position in Pembina Pipeline in the fourth quarter valued at $27,000. Sound Income Strategies LLC bought a new stake in Pembina Pipeline during the 4th quarter valued at approximately $27,000. Eastern Bank purchased a new position in Pembina Pipeline during the fourth quarter valued at $29,000. Principal Securities Inc. lifted its holdings in shares of Pembina Pipeline by 2,597.1% during the fourth quarter. Principal Securities Inc. now owns 917 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 883 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in shares of Pembina Pipeline by 880.0% in the 4th quarter. Venturi Wealth Management LLC now owns 980 shares of the pipeline company’s stock worth $36,000 after purchasing an additional 880 shares during the last quarter. Institutional investors own 55.37% of the company’s stock.

Pembina Pipeline Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.4783 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.91 annualized dividend and a yield of 5.17%. Pembina Pipeline’s dividend payout ratio is currently 86.76%.

Pembina Pipeline Company Profile

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.