Pembina Pipeline - PPL Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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.

11 brokerages have issued 12-month price objectives for Pembina Pipeline's shares. Their PPL share price forecasts range from C$47.00 to C$58.00. On average, they predict the company's share price to reach C$51.79 in the next twelve months. This suggests a possible upside of 23.5% 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 at the beginning of 2023. Since then, PPL stock has decreased by 8.8% and is now trading at C$41.92.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our PPL earnings forecast.

Pembina Pipeline Co. (TSE:PPL) posted its quarterly earnings data on Thursday, August, 5th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.21. The business had revenue of $1.95 billion for the quarter. Pembina Pipeline had a net margin of 25.59% and a trailing twelve-month return on equity of 19.71%.

Pembina Pipeline declared a quarterly dividend on Thursday, February 23rd. Stockholders of record on Wednesday, March 15th will be given a dividend of 0.652 per share on Friday, March 31st. This represents a $2.61 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Tuesday, March 14th.
Read our dividend analysis for PPL.

Pembina Pipeline (TSE:PPL) pays an annual dividend of C$2.61 per share and currently has a dividend yield of 6.17%. PPL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.29%. 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.
Compare Top Brokerages Here.

One share of PPL stock can currently be purchased for approximately C$41.92.

Pembina Pipeline (TSE:PPL) has a market capitalization of C$23.07 billion and generates C$11.61 billion in revenue each year. The company earns C$2.84 billion in net income (profit) each year or C$5.19 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.