Pembina Pipeline Stock Forecast, Price & News

Pembina Pipeline's stock was trading at $23.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PBA stock has increased by 7.8% and is now trading at $25.48.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Pembina Pipeline or view MarketBeat's top 5 stock picks.

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Pembina Pipeline is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Pembina Pipeline.

Pembina Pipeline Co. (NYSE:PBA) announced its quarterly earnings results on Thursday, February, 27th. The pipeline company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.26. The pipeline company earned $1.75 billion during the quarter, compared to the consensus estimate of $1.77 billion. Pembina Pipeline had a return on equity of 7.96% and a net margin of 16.89%. Pembina Pipeline's revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.66 EPS.
View Pembina Pipeline's earnings history.

Pembina Pipeline announced a monthly dividend on Monday, November 9th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $0.161 per share on Tuesday, December 15th. This represents a $1.93 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date is Tuesday, November 24th. This is a positive change from Pembina Pipeline's previous monthly dividend of $0.16.
View Pembina Pipeline's dividend history.

14 brokerages have issued 1 year target prices for Pembina Pipeline's shares. Their forecasts range from $34.00 to $58.00. On average, they expect Pembina Pipeline's share price to reach $41.64 in the next twelve months. This suggests a possible upside of 63.4% from the stock's current price.
View analysts' price targets for Pembina Pipeline.

Pembina Pipeline saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 4,260,000 shares, an increase of 26.4% from the October 15th total of 3,370,000 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is presently 3.9 days. Currently, 0.8% of the shares of the company are short sold.
View Pembina Pipeline's Short Interest.

Some companies that are related to Pembina Pipeline include Public Joint Stock Company Gazprom (OGZPY), Glencore (GLNCY), Inpex (IPXHY), Showa Shell Sekiyu K.K. (SWSKF), CGG (CGGYY), Africa Oil (AOIFF), Paramount Resources (PRMRF), Zion Oil & Gas (ZNOG), Premier Oil (PMOIY), Pgs Asa (PGSVY), Dawson Geophysical (DWSN), ION Geophysical (IO), NXT Energy Solutions (NSFDF), TransAtlantic Petroleum (TAT) and TransAtlantic Petroleum (TAT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Pembina Pipeline investors own include Pembina Pipeline Co. (PPL.TO) (PPL), AT&T (T), Realty Income (O), Enterprise Products Partners (EPD), Energy Transfer (ET), Pfizer (PFE), AbbVie (ABBV), Johnson & Johnson (JNJ), Enbridge (ENB) and Main Street Capital (MAIN).

Pembina Pipeline trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBA."

Pembina Pipeline's stock is owned by many different retail and institutional investors. Top institutional investors include Blackstone Group Inc (2.54%), Jarislowsky Fraser Ltd (2.32%), Toronto Dominion Bank (1.38%), CIBC Asset Management Inc (1.20%), Great West Life Assurance Co. Can (1.03%) and TD Asset Management Inc. (1.02%).

PBA stock was sold by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, TD Asset Management Inc., The Manufacturers Life Insurance Company, Connor Clark & Lunn Investment Management Ltd., Great West Life Assurance Co. Can, Guardian Capital LP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Blackstone Group Inc.

PBA stock was acquired by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, UBS Asset Management Americas Inc., Great West Life Assurance Co. Can, CIBC Asset Management Inc, Crossmark Global Holdings Inc., CIBC Private Wealth Group LLC, Prudential PLC, and Morgan Stanley.

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

One share of PBA stock can currently be purchased for approximately $25.48.

Pembina Pipeline has a market capitalization of $14.01 billion and generates $5.45 billion in revenue each year. The pipeline company earns $1.12 billion in net income (profit) each year or $2.00 on an earnings per share basis. Pembina Pipeline employs 2,791 workers across the globe.

The official website for Pembina Pipeline is www.pembina.com.

Pembina Pipeline's mailing address is 585-8th Avenue SW Suite 4000, Calgary A0, T2P 1G1. The pipeline company can be reached via phone at 403-231-7500 or via email at [email protected]