FY2025 EPS Estimate for Gibson Energy Lowered by Analyst

Key Points

• Gibson Energy Inc. has seen a reduction in FY2025 earnings per share (EPS) estimates from $1.42 to $1.35 by Raymond James Financial.
• The company recently declared a quarterly dividend of $0.43 per share, representing an annual yield of 6.8%.
• Gibson Energy's stock experienced a 3.2% decline in value, currently priced at C$25.11.

Gibson Energy Inc. (TSE:GEI - Free Report) - Equities research analysts at Raymond James Financial reduced their FY2025 earnings per share (EPS) estimates for Gibson Energy in a report issued on Monday, October 6th. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings of $1.35 per share for the year, down from their prior forecast of $1.42. 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 FY2027 earnings at $1.88 EPS.

Several other research firms have also commented on GEI. Wells Fargo & Company boosted their price objective on Gibson Energy from C$23.00 to C$24.00 in a research note on Wednesday, July 30th. National Bankshares lifted their price objective on shares of Gibson Energy from C$24.00 to C$25.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 30th. ATB Capital lifted their target price on Gibson Energy from C$26.00 to C$27.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. BMO Capital Markets lowered Gibson Energy from an "outperform" rating to a "hold" rating and boosted their target price for the company from C$26.00 to C$27.00 in a report on Monday, September 8th. Finally, Royal Bank Of Canada upped their price objective on Gibson Energy from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$26.41.

Gibson Energy Stock Down 3.2%

Gibson Energy stock opened at C$25.11 on Wednesday. The stock has a market capitalization of C$4.11 billion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 1.85 and a beta of 0.27. The business has a 50 day simple moving average of C$25.92 and a 200-day simple moving average of C$23.95. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. Gibson Energy has a 12 month low of C$19.63 and a 12 month high of C$27.37.

Insider Buying and Selling

In other news, Director Maria Hooper purchased 5,000 shares of the company's stock in a transaction on Monday, August 18th. The stock was bought at an average cost of C$25.72 per share, for a total transaction of C$128,600.00. Following the completion of the purchase, the director directly owned 5,000 shares of the company's stock, valued at C$128,600. The trade was a ∞ increase in their position. 0.85% of the stock is owned by corporate insiders.

Gibson Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 6.8%. Gibson Energy's dividend payout ratio is presently 173.20%.

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.

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