FY2025 EPS Estimate for Gibson Energy Decreased by Analyst

Gibson Energy Inc. (TSE:GEI - Free Report) - Analysts at Raymond James Financial cut their FY2025 earnings per share (EPS) estimates for shares of Gibson Energy in a research note issued on Tuesday, June 17th. Raymond James Financial analyst M. Barth now expects that the company will post earnings of $1.38 per share for the year, down from their prior forecast of $1.39. Raymond James Financial has a "Strong-Buy" rating and a $30.50 price objective on the stock.

Several other analysts also recently weighed in on the stock. 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 research report on Tuesday. ATB Capital reduced their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. National Bank Financial downgraded shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 19th. CIBC dropped their price objective on Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Finally, Scotiabank reduced their target price on Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$26.05.

Gibson Energy Stock Up 0.3%

GEI traded up C$0.08 on Thursday, reaching C$24.02. The company's stock had a trading volume of 246,600 shares, compared to its average volume of 757,201. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. Gibson Energy has a fifty-two week low of C$19.63 and a fifty-two week high of C$26.10. The stock has a 50 day moving average of C$22.48 and a two-hundred day moving average of C$23.14. The company has a market capitalization of C$3.92 billion, a price-to-earnings ratio of 18.52, a P/E/G ratio of 1.85 and a beta of 1.25.

Insider Buying and Selling at Gibson Energy

In other news, Director Curtis Philippon acquired 15,000 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of C$22.26 per share, with a total value of C$333,900.00. Also, Senior Officer David Bruce Gosse acquired 2,205 shares of the business's stock in a transaction on Monday, May 26th. The shares were purchased at an average price of C$22.72 per share, with a total value of C$50,089.66. Insiders purchased a total of 19,460 shares of company stock valued at $436,982 in the last ninety days. Insiders own 0.85% of the company's stock.

Gibson Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 7.16%. Gibson Energy's dividend payout ratio (DPR) is presently 126.47%.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.