Plains All American Pipeline Stock Price, News & Analysis (NYSE:PAA)

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plains All American Pipeline in the last year. There are currently 2 sell ratings, 4 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PAA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PAA, but not buy additional shares or sell existing shares.
View PAA analyst ratings or view top-rated stocks.

12 brokerages have issued 1-year price targets for Plains All American Pipeline's stock. Their PAA share price targets range from $13.50 to $21.00. On average, they expect the company's share price to reach $17.04 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for PAA or view top-rated stocks among Wall Street analysts.

Plains All American Pipeline's stock was trading at $11.76 on January 1st, 2023. Since then, PAA shares have increased by 35.0% and is now trading at $15.88.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our PAA earnings forecast.

Plains All American Pipeline, L.P. (NYSE:PAA) announced its quarterly earnings results on Friday, November, 3rd. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.11. The pipeline company had revenue of $12.07 billion for the quarter, compared to analysts' expectations of $15.42 billion. Plains All American Pipeline had a trailing twelve-month return on equity of 9.96% and a net margin of 2.28%.

Plains All American Pipeline declared a quarterly dividend on Thursday, October 5th. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.2675 per share on Tuesday, November 14th. This represents a $1.07 dividend on an annualized basis and a yield of 6.74%. The ex-dividend date is Monday, October 30th.
Read our dividend analysis for PAA.

Plains All American Pipeline (NYSE:PAA) pays an annual dividend of $1.07 per share and currently has a dividend yield of 6.86%. PAA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 79.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PAA will have a dividend payout ratio of 84.92% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PAA.

ETFs with the largest weight of Plains All American Pipeline (NYSE:PAA) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), Simplify Propel Opportunities ETF (SURI), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), Qraft AI-Enhanced Next Value ETF (NVQ), VanEck Energy Income ETF (EINC) and Global X MLP & Energy Infrastructure ETF (MLPX).

85 employees have rated Plains All American Pipeline Chief Executive Officer Greg L. Armstrong on Glassdoor.com. Greg L. Armstrong has an approval rating of 93% among the company's employees. This puts Greg L. Armstrong in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Plains All American Pipeline investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), AT&T (T), CA (CA), Magellan Midstream Partners (MMP), Kinder Morgan (KMI), Micron Technology (MU), AbbVie (ABBV), BlackRock (BLK) and CVS Health (CVS).

Plains All American Pipeline's stock is owned by a number of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (9.60%), Invesco Ltd. (4.07%), Blackstone Inc. (3.47%), Mirae Asset Global Investments Co. Ltd. (1.69%), Kayne Anderson Capital Advisors LP (1.36%) and Clearbridge Investments LLC (0.98%). Insiders that own company stock include Chris Temple, Jeremy L Goebel and Kevin S Mccarthy.
View institutional ownership trends.

Shares of PAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.