Keyera FY2025 EPS Estimate Cut by Raymond James Financial

Keyera Corp. (TSE:KEY - Free Report) - Stock analysts at Raymond James Financial dropped their FY2025 EPS estimates for Keyera in a research report issued on Monday, June 23rd. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings per share of $2.19 for the year, down from their previous estimate of $2.20. Raymond James Financial currently has a "Outperform" rating and a $59.00 price target on the stock. The consensus estimate for Keyera's current full-year earnings is $2.22 per share. Raymond James Financial also issued estimates for Keyera's FY2026 earnings at $2.85 EPS, FY2027 earnings at $3.04 EPS and FY2028 earnings at $3.63 EPS.

A number of other brokerages have also recently issued reports on KEY. ATB Capital boosted their target price on shares of Keyera from C$46.00 to C$48.00 and gave the company a "sector perform" rating in a research report on Monday, June 23rd. CIBC boosted their target price on shares of Keyera from C$47.00 to C$56.00 and gave the company an "outperform" rating in a research report on Monday, June 23rd. National Bankshares set a C$45.00 target price on shares of Keyera and gave the company a "sector perform" rating in a research report on Friday, June 20th. Royal Bank Of Canada boosted their target price on shares of Keyera from C$46.00 to C$53.00 and gave the company an "outperform" rating in a research report on Friday, June 20th. Finally, TD Securities raised shares of Keyera from a "hold" rating to a "strong-buy" rating and boosted their target price for the company from C$47.00 to C$51.00 in a research report on Friday, June 20th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$51.18.

Keyera Stock Performance

KEY stock traded up C$0.01 during midday trading on Wednesday, reaching C$43.99. 1,405,208 shares of the company were exchanged, compared to its average volume of 1,337,932. The company has a debt-to-equity ratio of 137.59, a current ratio of 1.31 and a quick ratio of 0.57. The business has a 50-day moving average price of C$42.79 and a two-hundred day moving average price of C$42.67. Keyera has a one year low of C$35.35 and a one year high of C$47.90. The firm has a market capitalization of C$10.13 billion, a price-to-earnings ratio of 22.67, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09.

Keyera Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend is Monday, June 16th. Keyera's payout ratio is 107.20%.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.