Gibson Energy FY2025 EPS Reduced by Raymond James Financial

Gibson Energy Inc. (TSE:GEI - Free Report) - Raymond James Financial lowered their FY2025 earnings per share (EPS) estimates for shares of Gibson Energy in a research note issued on Thursday, July 3rd. Raymond James Financial analyst M. Barth now expects that the company will post earnings per share of $1.32 for the year, down from their previous forecast of $1.38. Raymond James Financial currently has a "Strong-Buy" rating and a $30.50 target price on the stock. Raymond James Financial also issued estimates for Gibson Energy's FY2026 earnings at $1.72 EPS and FY2027 earnings at $1.87 EPS.

Several other research firms have also weighed in on GEI. CIBC lowered their price target on Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. TD Securities cut shares of Gibson Energy from a "strong-buy" rating to a "hold" rating and raised their target price for the company from C$24.00 to C$25.00 in a research note on Tuesday, June 17th. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$26.05.

Gibson Energy Stock Up 0.4%

TSE GEI traded up C$0.10 during trading hours on Friday, hitting C$23.78. 117,742 shares of the company traded hands, compared to its average volume of 753,673. The business's 50-day moving average is C$23.05 and its 200-day moving average is C$23.10. Gibson Energy has a twelve month low of C$19.63 and a twelve month high of C$26.10. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70. The stock has a market capitalization of C$3.88 billion, a price-to-earnings ratio of 18.34, a P/E/G ratio of 1.85 and a beta of 1.25.

Insider Buying and Selling

In other Gibson Energy news, Senior Officer David Bruce Gosse bought 2,255 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The shares were acquired at an average cost of C$23.50 per share, with a total value of C$52,992.50. Also, Director Curtis Philippon bought 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired at an average cost of C$22.26 per share, for a total transaction of C$333,900.00. Over the last ninety days, insiders bought 19,460 shares of company stock valued at $436,982. Insiders own 0.85% of the company's stock.

Gibson Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.23%. Gibson Energy's payout ratio is 126.47%.

About Gibson Energy

Gibson Energy Inc is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility.