Research Analysts Offer Predictions for PBA FY2025 Earnings

Key Points

• National Bank Financial lowered its FY2025 EPS estimate for Pembina Pipeline to $2.55 from $2.56, while maintaining a "Strong-Buy" rating on the stock, which has a consensus rating of "Moderate Buy."
• Pembina Pipeline announced an increase in its quarterly dividend to $0.71, representing an annualized yield of 8.0%, a positive change from the previous $0.51 dividend.
• Recent research from various analysts has led to mixed ratings, with two downgrades to "sell," but many maintaining or upgrading to "buy" or "outperform" ratings, indicating diverse investor sentiment towards the stock.

Pembina Pipeline Corp. (NYSE:PBA - Free Report) TSE: PPL - Investment analysts at National Bank Financial lowered their FY2025 earnings estimates for Pembina Pipeline in a research note issued on Sunday, August 10th. National Bank Financial analyst P. Kenny now anticipates that the pipeline company will post earnings of $2.55 per share for the year, down from their previous estimate of $2.56. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.15 per share.

Several other equities analysts have also recently commented on PBA. Barclays reaffirmed an "overweight" rating on shares of Pembina Pipeline in a research note on Tuesday, June 3rd. BMO Capital Markets reissued an "outperform" rating on shares of Pembina Pipeline in a research note on Monday, August 11th. Wall Street Zen cut shares of Pembina Pipeline from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Jefferies Financial Group cut shares of Pembina Pipeline from a "buy" rating to a "hold" rating in a research note on Wednesday, July 23rd. Finally, National Bankshares raised shares of Pembina Pipeline from a "sector perform" rating to an "outperform" rating in a research note on Thursday, June 26th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Pembina Pipeline has a consensus rating of "Moderate Buy" and a consensus target price of $56.00.

Pembina Pipeline Price Performance

NYSE:PBA traded down $0.01 during mid-day trading on Wednesday, hitting $36.66. 861,669 shares of the stock traded hands, compared to its average volume of 1,316,177. The business's 50-day moving average price is $37.05 and its 200 day moving average price is $37.51. The company has a market cap of $21.30 billion, a PE ratio of 17.21 and a beta of 0.78. Pembina Pipeline has a 12-month low of $34.13 and a 12-month high of $43.44. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 0.81.

Pembina Pipeline Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Monday, September 15th. This is a positive change from Pembina Pipeline's previous quarterly dividend of $0.51. Pembina Pipeline's dividend payout ratio (DPR) is presently 95.77%.

Institutional Investors Weigh In On Pembina Pipeline

A number of hedge funds have recently made changes to their positions in the business. First Horizon Advisors Inc. raised its holdings in Pembina Pipeline by 69.9% during the 1st quarter. First Horizon Advisors Inc. now owns 673 shares of the pipeline company's stock valued at $27,000 after buying an additional 277 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in Pembina Pipeline during the 1st quarter valued at $27,000. Larson Financial Group LLC raised its holdings in Pembina Pipeline by 53.4% during the 1st quarter. Larson Financial Group LLC now owns 1,341 shares of the pipeline company's stock valued at $54,000 after buying an additional 467 shares during the last quarter. Dunhill Financial LLC raised its holdings in Pembina Pipeline by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 1,350 shares of the pipeline company's stock valued at $50,000 after buying an additional 675 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in Pembina Pipeline by 108.3% during the 1st quarter. Versant Capital Management Inc now owns 1,525 shares of the pipeline company's stock valued at $61,000 after buying an additional 793 shares during the last quarter. 55.37% of the stock is currently owned by 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.