Atb Cap Markets Comments on AltaGas' Q3 Earnings (TSE:ALA)

Key Points

• AltaGas Ltd. has Q3 2025 earnings per share estimates at $0.10, with a full-year earnings estimate of $2.30 per share.
• CIBC raised their price target on AltaGas to C$43.00, while National Bankshares increased theirs to C$45.00, reflecting positive analyst sentiment.
• The company's recently declared quarterly dividend of $0.315 per share indicates a 3.1% dividend yield and a payout ratio of approximately 68.98%.

AltaGas Ltd. (TSE:ALA - Free Report) - Equities research analysts at Atb Cap Markets issued their Q3 2025 earnings per share estimates for AltaGas in a research report issued on Monday, August 4th. Atb Cap Markets analyst N. Heywood anticipates that the company will earn $0.10 per share for the quarter. The consensus estimate for AltaGas' current full-year earnings is $2.30 per share. Atb Cap Markets also issued estimates for AltaGas' Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $2.28 EPS and Q1 2026 earnings at $0.16 EPS.

A number of other research analysts have also recently commented on the company. CIBC boosted their price target on AltaGas from C$42.00 to C$43.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. BMO Capital Markets boosted their price target on AltaGas from C$40.00 to C$43.00 in a report on Friday, May 2nd. National Bankshares raised their price target on AltaGas from C$44.00 to C$45.00 and gave the company an "outperform" rating in a report on Tuesday. Jefferies Financial Group lifted their target price on AltaGas from C$40.00 to C$46.00 in a report on Wednesday, July 23rd. Finally, Veritas upgraded AltaGas to a "strong sell" rating in a report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, AltaGas presently has a consensus rating of "Moderate Buy" and an average price target of C$44.33.

AltaGas Trading Up 0.9%

Shares of TSE:ALA opened at C$41.16 on Thursday. The company has a market cap of C$12.25 billion, a P/E ratio of 23.86, a PEG ratio of -4.97 and a beta of 1.23. The company has a debt-to-equity ratio of 135.26, a current ratio of 1.03 and a quick ratio of 0.44. AltaGas has a 1 year low of C$32.02 and a 1 year high of C$42.03. The stock's fifty day moving average price is C$39.30 and its 200-day moving average price is C$37.90.

AltaGas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 3.1%. AltaGas's dividend payout ratio is currently 68.98%.

AltaGas Company Profile

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through four segments: Midstream, power, utilities and corporate. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in the natural gas liquid processing and extraction, transportation, and storage.

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