Equities Analysts Offer Predictions for PBA FY2026 Earnings

Pembina Pipeline Corp. (NYSE:PBA - Free Report) TSE: PPL - Equities researchers at Raymond James Financial upped their FY2026 EPS estimates for Pembina Pipeline in a research report issued on Thursday, July 3rd. Raymond James Financial analyst M. Barth now anticipates that the pipeline company will post earnings per share of $2.32 for the year, up from their previous forecast of $2.30. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.15 per share. Raymond James Financial also issued estimates for Pembina Pipeline's FY2027 earnings at $2.42 EPS.

Pembina Pipeline (NYSE:PBA - Get Free Report) TSE: PPL last issued its earnings results on Thursday, May 8th. The pipeline company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.23. Pembina Pipeline had a return on equity of 12.61% and a net margin of 23.73%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the company posted $0.73 EPS. Pembina Pipeline's revenue was up 48.2% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on PBA. National Bank Financial upgraded Pembina Pipeline from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 25th. National Bankshares upgraded shares of Pembina Pipeline from a "sector perform" rating to an "outperform" rating in a report on Thursday, June 26th. Barclays restated an "overweight" rating on shares of Pembina Pipeline in a report on Tuesday, June 3rd. Finally, Citigroup upgraded shares of Pembina Pipeline from a "neutral" rating to a "buy" rating in a research note on Monday, March 10th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $56.00.

Pembina Pipeline Stock Down 0.5%

Pembina Pipeline stock opened at $37.21 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 0.75. The firm has a market cap of $21.61 billion, a P/E ratio of 16.84 and a beta of 0.76. The business has a fifty day moving average of $37.74 and a two-hundred day moving average of $37.50. Pembina Pipeline has a twelve month low of $34.13 and a twelve month high of $43.44.

Pembina Pipeline Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were issued a dividend of $0.5109 per share. This represents a $2.04 annualized dividend and a dividend yield of 5.49%. This is a positive change from Pembina Pipeline's previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Monday, June 16th. Pembina Pipeline's payout ratio is 93.67%.

Institutional Trading of Pembina Pipeline

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Pembina Pipeline during the 4th quarter worth about $171,860,000. Goldman Sachs Group Inc. raised its holdings in Pembina Pipeline by 78.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,088,945 shares of the pipeline company's stock worth $283,770,000 after purchasing an additional 3,108,920 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Pembina Pipeline by 1,591.4% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 3,155,558 shares of the pipeline company's stock worth $116,440,000 after purchasing an additional 2,968,994 shares during the period. The Manufacturers Life Insurance Company boosted its position in Pembina Pipeline by 136.7% during the first quarter. The Manufacturers Life Insurance Company now owns 3,995,460 shares of the pipeline company's stock worth $160,681,000 after purchasing an additional 2,307,634 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Pembina Pipeline in the first quarter valued at approximately $83,743,000. 55.37% of the stock is owned by hedge funds and other institutional investors.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.