Plains All American Pipeline - PAA Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plains All American Pipeline in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PAA shares.
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17 Wall Street analysts have issued twelve-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 $15.17 in the next year. This suggests a possible upside of 31.4% from the stock's current price.
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Plains All American Pipeline's stock was trading at $11.76 at the start of the year. Since then, PAA shares have decreased by 1.9% and is now trading at $11.54.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our PAA earnings forecast.

Plains All American Pipeline, L.P. (NYSE:PAA) announced its quarterly earnings data on Tuesday, February, 14th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.02. The pipeline company had revenue of $12.95 billion for the quarter, compared to analysts' expectations of $15.05 billion. Plains All American Pipeline had a net margin of 1.72% and a trailing twelve-month return on equity of 9.81%. The business's quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.25 EPS.

Plains All American Pipeline declared a quarterly dividend on Monday, January 9th. Investors of record on Tuesday, January 31st will be paid a dividend of $0.2675 per share on Tuesday, February 14th. This represents a $1.07 annualized dividend and a dividend yield of 9.27%. The ex-dividend date is Monday, January 30th. This is an increase from the stock's previous quarterly dividend of $0.22.
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), VanEck Energy Income ETF (EINC), Global X MLP & Energy Infrastructure ETF (MLPX), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), Tortoise North American Pipeline Fund (TPYP) and Arrow Dow Jones Global Yield ETF (GYLD).

Plains All American Pipeline (NYSE:PAA) pays an annual dividend of $1.07 per share and currently has a dividend yield of 8.78%. 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 89.92%. 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 80.45% 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 variety of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (7.92%), Moneta Group Investment Advisors LLC (6.65%), Tortoise Capital Advisors L.L.C. (2.82%), Morgan Stanley (1.92%), CIBC Private Wealth Group LLC (1.73%) and Mirae Asset Global Investments Co. Ltd. (1.38%). 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 $11.54.

Plains All American Pipeline (NYSE:PAA) has a market capitalization of $8.06 billion and generates $57.34 billion in revenue each year. The pipeline company earns $1.04 billion in net income (profit) each year or $1.19 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.