Brokers Offer Predictions for Keyera's Q2 Earnings (TSE:KEY)

Keyera Corp. (TSE:KEY - Free Report) - Stock analysts at Atb Cap Markets reduced their Q2 2025 EPS estimates for shares of Keyera in a research note issued on Thursday, July 17th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.37 per share for the quarter, down from their previous forecast of $0.46. The consensus estimate for Keyera's current full-year earnings is $2.22 per share. Atb Cap Markets also issued estimates for Keyera's FY2025 earnings at $2.08 EPS.

Several other brokerages also recently issued reports on KEY. BMO Capital Markets upgraded shares of Keyera from a "hold" rating to a "strong-buy" rating and upped their price target for the stock from C$45.50 to C$54.00 in a research report on Wednesday, June 18th. Citigroup upped their target price on shares of Keyera from C$50.00 to C$51.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Scotiabank upped their target price on shares of Keyera from C$51.00 to C$54.00 and gave the company an "outperform" rating in a research report on Monday, June 23rd. CIBC upped their target price on shares of Keyera from C$47.00 to C$56.00 and gave the company an "outperform" rating in a research report on Monday, June 23rd. Finally, National Bankshares set a C$45.00 target price on shares of Keyera and gave the company a "sector perform" rating in a research report on Friday, June 20th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$51.27.

Keyera Price Performance

TSE KEY traded down C$0.24 on Monday, hitting C$42.63. 780,059 shares of the company were exchanged, compared to its average volume of 1,302,549. The firm has a 50 day moving average of C$42.88 and a two-hundred day moving average of C$42.61. The company has a market cap of C$9.82 billion, a P/E ratio of 21.97, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59. Keyera has a 1-year low of C$35.35 and a 1-year high of C$47.90.

Keyera Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 30th were paid a $0.52 dividend. The ex-dividend date was Monday, June 16th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.88%. Keyera's dividend payout ratio (DPR) is presently 107.20%.

About Keyera

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.