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

Key Points

• ATB Capital Markets has revised down its Q3 2025 earnings-per-share estimate for AltaGas Ltd. from $0.10 to $0.05, while the consensus estimate for the full-year earnings is $2.30 per share.
• Several analysts have increased their price targets for AltaGas stock, with Scotiabank raising it to C$48.00 and Jefferies Financial Group to C$46.00, reflecting a positive outlook.
• AltaGas has recently declared a quarterly dividend of $0.315 per share, yielding approximately 3.0%, with a dividend payout ratio of 47.12%.

AltaGas Ltd. (TSE:ALA - Free Report) - Atb Cap Markets cut their Q3 2025 EPS estimates for shares of AltaGas in a research report issued on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.10. The consensus estimate for AltaGas' current full-year earnings is $2.30 per share. Atb Cap Markets also issued estimates for AltaGas' FY2025 earnings at $2.22 EPS.

Several other analysts also recently commented on the company. Scotiabank upped their price objective on AltaGas from C$46.00 to C$48.00 and gave the company an "outperform" rating in a research note on Monday, October 6th. Jefferies Financial Group upped their price objective on shares of AltaGas from C$40.00 to C$46.00 in a research report on Wednesday, July 23rd. TD Securities lifted their target price on shares of AltaGas from C$45.00 to C$48.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. ATB Capital increased their price target on shares of AltaGas from C$42.00 to C$43.00 and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Finally, National Bankshares lifted their price objective on AltaGas from C$44.00 to C$45.00 and gave the company an "outperform" rating in a report on Tuesday, August 5th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$44.89.

AltaGas Trading Up 0.3%

Shares of AltaGas stock opened at C$42.60 on Tuesday. The company's fifty day moving average is C$41.99 and its two-hundred day moving average is C$40.08. AltaGas has a 1 year low of C$32.02 and a 1 year high of C$43.81. The company has a debt-to-equity ratio of 135.26, a quick ratio of 0.44 and a current ratio of 1.03. The company has a market capitalization of C$12.75 billion, a P/E ratio of 16.38, a PEG ratio of -4.97 and a beta of 0.13.

AltaGas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 29th were issued a dividend of $0.315 per share. This represents a $1.26 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, September 16th. AltaGas's dividend payout ratio is presently 47.12%.

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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