Keyera (KEY) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keyera in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KEY shares.
View KEY analyst ratings or view top-rated stocks.

11 Wall Street analysts have issued twelve-month price objectives for Keyera's shares. Their KEY share price forecasts range from C$32.00 to C$39.00. On average, they predict the company's stock price to reach C$35.32 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price.
View analysts price targets for KEY or view top-rated stocks among Wall Street analysts.

Keyera's stock was trading at C$29.59 at the beginning of 2023. Since then, KEY stock has increased by 10.2% and is now trading at C$32.60.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our KEY earnings forecast.

Keyera Corp. (TSE:KEY) issued its quarterly earnings data on Thursday, August, 10th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.23. The firm earned $1.50 billion during the quarter, compared to analyst estimates of $1.94 billion. Keyera had a net margin of 4.99% and a trailing twelve-month return on equity of 12.02%. During the same period in the previous year, the firm earned $0.78 EPS.

Keyera announced a quarterly dividend on Thursday, September 14th. Shareholders of record on Friday, September 29th will be given a dividend of 0.50 per share on Friday, September 29th. This represents a $2.00 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Thursday, September 14th. This is a positive change from the stock's previous quarterly dividend of C$0.48.
Read our dividend analysis for KEY.

Keyera (TSE:KEY) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 6.10%. KEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.05%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for KEY.

Based on aggregate information from My MarketBeat watchlists, some companies that other Keyera investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Suncor Energy (SU), Toronto-Dominion Bank (TD), Canadian Natural Resources (CNQ), Inter Pipeline (IPL), Royal Bank of Canada (RY), Air Canada (AC) and Manulife Financial (MFC).

Keyera trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KEY."

Shares of KEY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of KEY stock can currently be purchased for approximately C$32.60.

Keyera (TSE:KEY) has a market capitalization of C$7.47 billion and generates C$6.78 billion in revenue each year. The company earns C$338.22 million in net income (profit) each year or C$1.47 on an earnings per share basis.

The company employs 1,005 workers across the globe.

Keyera's mailing address is 6 Flr,Suite 600, Sun Life Plaza West Tower,144 4th Avenue SW, CALGARY, AB T2P 3N4, Canada. The official website for the company is www.keyera.com. The company can be reached via phone at +1-403-2058300.