Parkland (PKI) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last year. 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 Wall Street research analysts have issued 1 year price targets for Parkland's shares. Their PKI share price forecasts range from C$35.00 to C$47.00. On average, they anticipate the company's share price to reach C$39.50 in the next year. This suggests a possible upside of 17.3% 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 13.4% and is now trading at C$33.68.
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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) released its quarterly earnings results on Thursday, March, 2nd. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by $0.08. The business earned $8.72 billion during the quarter, compared to analysts' expectations of $8.86 billion. Parkland had a net margin of 0.92% and a trailing twelve-month return on equity of 13.00%.

Parkland announced a quarterly dividend on Thursday, March 2nd. Stockholders of record on Wednesday, March 22nd will be given a dividend of 0.34 per share on Friday, April 14th. This represents a $1.36 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend 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$33.68.

Parkland (TSE:PKI) has a market capitalization of C$5.91 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.