Pembina Pipeline Co. (NYSE:PBA) to Post FY2025 Earnings of $2.58 Per Share, National Bank Financial Forecasts

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – National Bank Financial lowered their FY2025 earnings per share estimates for Pembina Pipeline in a research note issued on Wednesday, June 26th. National Bank Financial analyst P. Kenny now expects that the pipeline company will earn $2.58 per share for the year, down from their previous estimate of $2.60. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.32 per share.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last issued its quarterly earnings data on Thursday, May 9th. The pipeline company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. Pembina Pipeline had a return on equity of 13.33% and a net margin of 21.61%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.83 billion.

A number of other research firms have also recently weighed in on PBA. StockNews.com cut shares of Pembina Pipeline from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Scotiabank lowered Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a research report on Sunday, May 19th. Finally, CIBC boosted their price objective on Pembina Pipeline from $56.00 to $57.00 and gave the company an “outperformer” rating in a report on Friday, April 19th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Pembina Pipeline presently has an average rating of “Hold” and an average target price of $52.00.

Pembina Pipeline Price Performance

Shares of PBA opened at $37.08 on Friday. The firm has a 50-day simple moving average of $36.48 and a two-hundred day simple moving average of $35.20. The stock has a market cap of $21.50 billion, a PE ratio of 16.12, a P/E/G ratio of 5.35 and a beta of 1.24. Pembina Pipeline has a 1-year low of $28.15 and a 1-year high of $37.67. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.03 and a quick ratio of 0.93.

Institutional Trading of Pembina Pipeline

Several hedge funds have recently modified their holdings of PBA. Massmutual Trust Co. FSB ADV increased its holdings in Pembina Pipeline by 22.6% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,786 shares of the pipeline company’s stock worth $61,000 after purchasing an additional 329 shares during the period. Granite Group Advisors LLC increased its stake in shares of Pembina Pipeline by 5.2% during the first quarter. Granite Group Advisors LLC now owns 6,719 shares of the pipeline company’s stock worth $237,000 after buying an additional 330 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Pembina Pipeline by 74.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,081 shares of the pipeline company’s stock worth $37,000 after acquiring an additional 462 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Pembina Pipeline by 6.0% in the first quarter. Janney Montgomery Scott LLC now owns 9,475 shares of the pipeline company’s stock worth $335,000 after acquiring an additional 538 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in Pembina Pipeline by 3.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 15,872 shares of the pipeline company’s stock worth $549,000 after acquiring an additional 547 shares in the last quarter. 55.37% of the stock is currently owned by institutional investors and hedge funds.

Pembina Pipeline Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 17th were paid a $0.501 dividend. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Monday, June 17th. This represents a $2.00 annualized dividend and a dividend yield of 5.40%. Pembina Pipeline’s payout ratio is 86.96%.

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.