Plains All American Pipeline (PAA) Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains All American Pipeline in the last year. There are currently 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PAA shares.
View PAA analyst ratings or view top-rated stocks.

16 Wall Street analysts have issued 12 month price targets for Plains All American Pipeline's shares. Their PAA share price forecasts range from $12.00 to $21.00. On average, they predict the company's stock price to reach $15.68 in the next twelve months. This suggests a possible upside of 16.5% 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 at the start of the year. Since then, PAA stock has increased by 14.5% and is now trading at $13.46.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our PAA earnings forecast.

Plains All American Pipeline, L.P. (NYSE:PAA) released its quarterly earnings results on Friday, May, 5th. The pipeline company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The pipeline company had revenue of $12.34 billion for the quarter, compared to the consensus estimate of $14.43 billion. Plains All American Pipeline had a net margin of 2.18% and a trailing twelve-month return on equity of 10.39%. Plains All American Pipeline's revenue for the quarter was down 9.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.31 EPS.

Plains All American Pipeline declared a quarterly dividend on Tuesday, April 11th. Investors of record on Monday, May 1st will be paid a dividend of $0.2675 per share on Monday, May 15th. This represents a $1.07 annualized dividend and a yield of 7.95%. The ex-dividend date is Friday, April 28th.
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), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), Global X MLP & Energy Infrastructure ETF (MLPX), VanEck Energy Income ETF (EINC), Tortoise North American Pipeline Fund (TPYP) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA).

Plains All American Pipeline (NYSE:PAA) pays an annual dividend of $1.07 per share and currently has a dividend yield of 8.13%. 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 70.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PAA will have a dividend payout ratio of 81.68% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PAA.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAA."

Plains All American Pipeline's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (2.84%), Mirae Asset Global Investments Co. Ltd. (1.57%), JPMorgan Chase & Co. (1.17%), Clearbridge Investments LLC (1.01%), UBS Group AG (0.99%) and Chickasaw Capital Management LLC (0.77%). Insiders that own company stock include Chris Temple and Kevin S Mccarthy.
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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.
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One share of PAA stock can currently be purchased for approximately $13.46.

Plains All American Pipeline (NYSE:PAA) has a market capitalization of $9.40 billion and generates $57.34 billion in revenue each year. The pipeline company earns $1.04 billion in net income (profit) each year or $1.52 on an earnings per share basis.

The company employs 4,100 workers across the globe.

Plains All American Pipeline's mailing address is 333 CLAY STREET SUITE 1600, HOUSTON TX, 77002. The official website for the company is www.plainsallamerican.com. The pipeline company can be reached via phone at (713) 646-4100, via email at rilamoreaux@paalp.com, or via fax at 713-646-4680.