Pembina Pipeline (PPL) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPL, but not buy additional shares or sell existing shares.
View PPL analyst ratings or view top-rated stocks.

7 brokerages have issued 1 year price objectives for Pembina Pipeline's stock. Their PPL share price forecasts range from C$47.00 to C$54.00. On average, they anticipate the company's stock price to reach C$50.82 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for PPL or view top-rated stocks among Wall Street analysts.

Pembina Pipeline's stock was trading at C$45.96 on January 1st, 2023. Since then, PPL shares have decreased by 6.6% and is now trading at C$42.93.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our PPL earnings forecast.

Pembina Pipeline Co. (TSE:PPL) announced its quarterly earnings data on Thursday, August, 5th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.60 by $0.21. The firm earned $1.95 billion during the quarter. Pembina Pipeline had a net margin of 26.30% and a trailing twelve-month return on equity of 18.90%.

Pembina Pipeline announced a quarterly dividend on Thursday, May 4th. Shareholders of record on Thursday, June 15th will be given a dividend of 0.668 per share on Friday, June 30th. This represents a $2.67 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Wednesday, June 14th. This is a boost from the stock's previous quarterly dividend of C$0.65.
Read our dividend analysis for PPL.

Pembina Pipeline (TSE:PPL) pays an annual dividend of C$2.67 per share and currently has a dividend yield of 6.32%. PPL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.27%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PPL.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pembina Pipeline investors own include Intact Financial (IFC), Constellation Software (CSU), Pembina Pipeline (PBA), Bank of Nova Scotia (BNS), Enbridge (ENB), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Vermilion Energy (VET).

Pembina Pipeline trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PPL."

Shares of PPL 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 PPL stock can currently be purchased for approximately C$42.93.

Pembina Pipeline (TSE:PPL) has a market capitalization of C$23.63 billion and generates C$10.87 billion in revenue each year. The company earns C$2.73 billion in net income (profit) each year or C$4.92 on an earnings per share basis.

The company employs 2,349 workers across the globe.

Pembina Pipeline's mailing address is Room 4000 39, 585 8 Ave SW, CALGARY, AB T2P 1G1, Canada. The official website for the company is www.pembina.com. The company can be reached via phone at +1-403-2317500.