Brokers Issue Forecasts for Gibson Energy FY2025 Earnings

Key Points

• Research analysts at Raymond James Financial have increased their FY2025 earnings estimates for Gibson Energy, expecting $1.42 per share, up from a previous forecast of $1.32.
• Gibson Energy recently declared a quarterly dividend of $0.43, translating to an annualized yield of 6.9% with a payout ratio of 126.47%.
• The stock currently has a consensus rating of "Moderate Buy" among analysts, with a price target averaging C$26.59.

Gibson Energy Inc. (TSE:GEI - Free Report) - Investment analysts at Raymond James Financial upped their FY2025 EPS estimates for shares of Gibson Energy in a note issued to investors on Tuesday, July 29th. Raymond James Financial analyst M. Barth now expects that the company will post earnings of $1.42 per share for the year, up from their previous estimate of $1.32. Raymond James Financial has a "Strong-Buy" rating and a $30.50 price objective on the stock. Raymond James Financial also issued estimates for Gibson Energy's FY2027 earnings at $1.89 EPS.

Several other research analysts also recently commented on the stock. Jefferies Financial Group upgraded shares of Gibson Energy from a "hold" rating to a "buy" rating and lifted their target price for the stock from C$23.00 to C$28.00 in a report on Wednesday, July 23rd. TD Securities downgraded shares of Gibson Energy from a "strong-buy" rating to a "hold" rating and boosted their price objective for the stock from C$24.00 to C$25.00 in a report on Tuesday, June 17th. ATB Capital boosted their price objective on shares of Gibson Energy from C$26.00 to C$27.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Royal Bank Of Canada boosted their price objective on shares of Gibson Energy from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Finally, Wells Fargo & Company boosted their price objective on shares of Gibson Energy from C$23.00 to C$24.00 in a report on Wednesday, July 30th. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$26.59.

Gibson Energy Stock Down 0.4%

Shares of GEI stock traded down C$0.11 on Friday, hitting C$25.03. The company's stock had a trading volume of 263,262 shares, compared to its average volume of 728,615. The stock has a market capitalization of C$4.08 billion, a price-to-earnings ratio of 19.30, a P/E/G ratio of 1.85 and a beta of 1.25. Gibson Energy has a fifty-two week low of C$19.63 and a fifty-two week high of C$26.10. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. The firm's fifty day moving average price is C$24.04 and its 200-day moving average price is C$23.00.

Insider Activity at Gibson Energy

In other news, Senior Officer David Bruce Gosse purchased 2,255 shares of the company's stock in a transaction dated Monday, June 9th. The shares were purchased at an average price of C$23.50 per share, for a total transaction of C$52,992.50. Also, Director Curtis Philippon purchased 15,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average price of C$22.26 per share, for a total transaction of C$333,900.00. Insiders have purchased a total of 19,460 shares of company stock worth $436,982 over the last ninety days. 0.85% of the stock is currently owned by insiders.

Gibson Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 6.9%. Gibson Energy's dividend payout ratio (DPR) is presently 126.47%.

Gibson Energy Company Profile

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.