National Bank Financial Forecasts TSE:PPL FY2028 Earnings

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Equities researchers at National Bank Financial issued their FY2028 EPS estimates for Pembina Pipeline in a research note issued on Monday, January 6th. National Bank Financial analyst P. Kenny anticipates that the company will earn $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 brokerages have also issued reports on PPL. JPMorgan Chase & Co. boosted their target price on Pembina Pipeline from C$60.00 to C$62.00 and gave the company a “hold” rating in a research note on Thursday, October 3rd. Barclays set a C$63.00 price objective on Pembina Pipeline and gave the company an “overweight” rating in a research note on Thursday, December 12th. UBS Group upgraded shares of Pembina Pipeline to a “hold” rating in a research note on Wednesday, September 11th. Wells Fargo & Company lowered Pembina Pipeline from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from C$63.00 to C$57.00 in a research note on Wednesday, December 18th. Finally, Raymond James dropped their target price on shares of Pembina Pipeline from C$62.00 to C$61.00 in a research report on Friday, December 13th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$58.67.

Pembina Pipeline Stock Performance

Shares of PPL opened at C$52.61 on Wednesday. The stock has a 50 day moving average of C$55.89 and a 200 day moving average of C$54.75. The company 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 has a 12 month low of C$44.56 and a 12 month high of C$60.72. The company has a current ratio of 0.69, a quick ratio of 0.50 and a debt-to-equity ratio of 77.50.

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

Pembina Pipeline Dividend Announcement

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

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.