TSE:SES FY2026 EPS Cut by Raymond James Financial

Key Points

• Raymond James Financial has revised its FY2026 earnings per share estimate for Secure Energy Services from $0.90 to $0.86, which is still above the consensus estimate of $0.77.
• CIBC increased its target price for the stock from C$15.25 to C$15.75 while Stifel Nicolaus upgraded its rating to "strong-buy."
• The company announced a quarterly dividend of $0.10 per share, reflecting an annualized yield of 2.61% and a payout ratio of 15.67%.

Secure Energy Services Inc. (TSE:SES - Free Report) - Equities research analysts at Raymond James Financial decreased their FY2026 earnings per share estimates for shares of Secure Energy Services in a note issued to investors on Wednesday, July 30th. Raymond James Financial analyst M. Barth now expects that the company will earn $0.86 per share for the year, down from their prior estimate of $0.90. Raymond James Financial currently has a "Moderate Buy" rating on the stock. The consensus estimate for Secure Energy Services' current full-year earnings is $0.77 per share.

SES has been the topic of a number of other research reports. ATB Capital decreased their price target on shares of Secure Energy Services from C$20.00 to C$19.00 and set an "outperform" rating on the stock in a report on Monday, May 5th. Stifel Canada upgraded shares of Secure Energy Services to a "strong-buy" rating in a report on Thursday, May 29th. National Bankshares lifted their target price on shares of Secure Energy Services from C$17.50 to C$18.50 and gave the company an "outperform" rating in a report on Wednesday. National Bank Financial upgraded shares of Secure Energy Services to a "strong-buy" rating in a report on Monday, May 26th. Finally, Stifel Nicolaus lifted their target price on shares of Secure Energy Services from C$17.00 to C$17.50 and gave the company a "buy" rating in a report on Wednesday. Three analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$18.31.

Secure Energy Services Trading Up 1.0%

SES traded up C$0.15 during trading on Thursday, hitting C$15.29. The company's stock had a trading volume of 1,062,318 shares, compared to its average volume of 775,085. Secure Energy Services has a twelve month low of C$11.13 and a twelve month high of C$17.23. The stock has a market cap of C$3.56 billion, a PE ratio of 5.99, a PEG ratio of 0.17 and a beta of 2.41. The firm's 50 day moving average price is C$15.59 and its 200-day moving average price is C$14.71. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10.

Secure Energy Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.6%. Secure Energy Services's dividend payout ratio is presently 15.67%.

Secure Energy Services Company Profile

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.