PBA FY2025 EPS Forecast Increased by National Bank Financial

Pembina Pipeline Corp. (NYSE:PBA - Free Report) TSE: PPL - Investment analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of Pembina Pipeline in a note issued to investors on Wednesday, June 25th. National Bank Financial analyst P. Kenny now expects that the pipeline company will post earnings of $2.56 per share for the year, up from their previous forecast of $2.53. 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.

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

Several other research analysts have also recently issued reports on PBA. Barclays reaffirmed an "overweight" rating on shares of Pembina Pipeline in a research report on Tuesday, June 3rd. National Bankshares raised Pembina Pipeline from a "sector perform" rating to an "outperform" rating in a research report on Thursday. Finally, Citigroup raised Pembina Pipeline from a "neutral" rating to a "buy" rating in a research report on Monday, March 10th. Two 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 company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $56.00.

Pembina Pipeline Trading Down 1.8%

PBA opened at $37.21 on Monday. The business has a fifty day moving average price of $37.79 and a 200 day moving average price of $37.51. The stock has a market capitalization of $21.62 billion, a price-to-earnings ratio of 16.84 and a beta of 0.76. Pembina Pipeline has a 12 month low of $34.13 and a 12 month high of $43.44. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.64 and a quick ratio of 0.52.

Institutional Trading of Pembina Pipeline

A number of large investors have recently made changes to their positions in PBA. First Horizon Advisors Inc. boosted its position in shares of Pembina Pipeline by 69.9% in the 1st quarter. First Horizon Advisors Inc. now owns 673 shares of the pipeline company's stock valued at $27,000 after purchasing an additional 277 shares during the period. N.E.W. Advisory Services LLC acquired a new stake in shares of Pembina Pipeline in the 1st quarter valued at about $27,000. VSM Wealth Advisory LLC acquired a new stake in shares of Pembina Pipeline in the 4th quarter valued at about $37,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Pembina Pipeline in the 4th quarter valued at about $40,000. Finally, Dunhill Financial LLC boosted its position in shares of Pembina Pipeline by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 1,350 shares of the pipeline company's stock valued at $50,000 after purchasing an additional 675 shares during the period. 55.37% of the stock is owned by institutional investors and hedge funds.

Pembina Pipeline Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a $0.5109 dividend. The ex-dividend date of this dividend is Monday, June 16th. This is a boost from Pembina Pipeline's previous quarterly dividend of $0.48. This represents a $2.04 dividend on an annualized basis and a dividend yield of 5.49%. Pembina Pipeline's dividend payout ratio is 93.67%.

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.

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