Parkland (PKI) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PKI shares.
View PKI analyst ratings or view top-rated stocks.

7 equities research analysts have issued twelve-month price objectives for Parkland's stock. Their PKI share price forecasts range from C$35.00 to C$47.00. On average, they expect the company's stock price to reach C$39.50 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for PKI or view top-rated stocks among Wall Street analysts.

Parkland's stock was trading at C$29.71 at the start of the year. Since then, PKI stock has increased by 14.0% and is now trading at C$33.86.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our PKI earnings forecast.

Parkland Co. (TSE:PKI) announced its quarterly earnings data on Thursday, March, 2nd. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.08. The firm had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.86 billion. Parkland had a trailing twelve-month return on equity of 13.00% and a net margin of 0.92%.

Parkland declared a quarterly dividend on Thursday, March 2nd. Shareholders of record on Wednesday, March 22nd will be paid a dividend of 0.34 per share on Friday, April 14th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date is Tuesday, March 21st. This is a positive change from the stock's previous quarterly dividend of C$0.33.
Read our dividend analysis for PKI.

Parkland (TSE:PKI) pays an annual dividend of C$1.36 per share and currently has a dividend yield of 3.93%. The dividend payout ratio is 68.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PKI.

Based on aggregate information from My MarketBeat watchlists, some companies that other Parkland investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Toronto-Dominion Bank (TD), Enbridge (ENB), Pembina Pipeline (PPL), Superior Plus (SPB) and Costco Wholesale (COST).

Parkland trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PKI."

Shares of PKI 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 PKI stock can currently be purchased for approximately C$33.86.

Parkland (TSE:PKI) has a market capitalization of C$5.94 billion and generates C$36.01 billion in revenue each year. The company earns C$332 million in net income (profit) each year or C$2.00 on an earnings per share basis.

The company employs 2,019 workers across the globe.

Parkland's mailing address is 100-4919 59 St, RED DEER, AB T4N 6C9, Canada. The official website for the company is www.parkland.ca. The company can be reached via phone at +1-403-3566400.