Brokers Offer Predictions for TSE:PPL FY2028 Earnings

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Equities research analysts at National Bank Financial issued their FY2028 earnings per share estimates for shares of Pembina Pipeline in a research note issued on Monday, January 6th. National Bank Financial analyst P. Kenny anticipates that the company will post earnings of $3.87 per share for the year. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.

Several other analysts have also recently weighed in on the stock. Barclays set a C$63.00 price objective on shares of Pembina Pipeline and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Wells Fargo & Company lowered Pembina Pipeline from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from C$63.00 to C$57.00 in a research report on Wednesday, December 18th. UBS Group upgraded Pembina Pipeline to a “hold” rating in a research report on Wednesday, September 11th. JPMorgan Chase & Co. increased their target price on shares of Pembina Pipeline from C$60.00 to C$62.00 and gave the company a “hold” rating in a research report on Thursday, October 3rd. Finally, Royal Bank of Canada boosted their price target on shares of Pembina Pipeline from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Pembina Pipeline presently has an average rating of “Moderate Buy” and an average target price of C$58.67.

Pembina Pipeline Trading Up 0.3 %

PPL opened at C$52.61 on Wednesday. The company has a debt-to-equity ratio of 77.50, a current ratio of 0.69 and a quick ratio of 0.50. Pembina Pipeline has a fifty-two week low of C$44.56 and a fifty-two week high of C$60.72. The company’s 50 day moving average price is C$55.89 and its two-hundred day moving average price is C$54.75. The firm has a market capitalization of C$30.52 billion, a price-to-earnings ratio of 16.14, a PEG ratio of 1.58 and a beta of 1.48.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last released its quarterly earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share for the quarter, missing the consensus estimate of C$0.79 by C($0.19). The firm had revenue of C$1.84 billion for the quarter, compared to the consensus estimate of C$2.03 billion. Pembina Pipeline had a return on equity of 11.89% and a net margin of 20.60%.

Pembina Pipeline Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date of this dividend was Monday, December 16th. Pembina Pipeline’s payout ratio is 84.66%.

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.