Raymond James Financial Lowers Earnings Estimates for Keyera

Keyera Corp. (TSE:KEY - Free Report) - Investment analysts at Raymond James Financial cut their FY2025 earnings per share estimates for shares of Keyera in a research note issued on Monday, June 23rd. Raymond James Financial analyst M. Barth now expects that the company will earn $2.19 per share for the year, down from their prior estimate of $2.20. Raymond James Financial currently has a "Outperform" rating and a $59.00 target price 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.

Several other equities analysts have also commented on KEY. BMO Capital Markets raised shares of Keyera from a "hold" rating to a "strong-buy" rating and raised their target price for the company from C$45.50 to C$54.00 in a report on Wednesday, June 18th. ATB Capital lifted their price objective on shares of Keyera from C$46.00 to C$48.00 and gave the company a "sector perform" rating in a research note on Monday. National Bankshares set a C$45.00 price objective on shares of Keyera and gave the company a "sector perform" rating in a research report on Friday, June 20th. TD Securities upgraded Keyera from a "hold" rating to a "strong-buy" rating and upped their target price for the stock from C$47.00 to C$51.00 in a research note on Friday, June 20th. Finally, Royal Bank Of Canada lifted their price target on Keyera from C$46.00 to C$53.00 and gave the company an "outperform" rating in a research note on Friday, June 20th. Three 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 MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$51.18.

Keyera Trading Down 0.6%

KEY opened at C$43.76 on Wednesday. The stock has a market capitalization of C$10.08 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a quick ratio of 0.57, a current ratio of 1.31 and a debt-to-equity ratio of 137.59. Keyera has a twelve month low of C$35.35 and a twelve month high of C$47.90. The company has a 50-day simple moving average of C$42.67 and a 200 day simple moving average of C$42.67.

Keyera Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.75%. 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.

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