Raymond James Has Pessimistic Outlook of PBA FY2025 Earnings

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Stock analysts at Raymond James reduced their FY2025 earnings estimates for shares of Pembina Pipeline in a research note issued on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the pipeline company will earn $2.24 per share for the year, down from their prior estimate of $2.31. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share. Raymond James also issued estimates for Pembina Pipeline’s FY2026 earnings at $2.27 EPS and FY2027 earnings at $2.35 EPS.

PBA has been the subject of a number of other research reports. Wells Fargo & Company downgraded Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. TD Securities assumed coverage on Pembina Pipeline in a report on Wednesday, January 15th. They issued a “buy” rating for the company. Finally, Citigroup upgraded shares of Pembina Pipeline from a “neutral” rating to a “buy” rating in a report on Monday, March 10th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.50.

Pembina Pipeline Stock Up 1.5 %

PBA stock opened at $36.87 on Monday. Pembina Pipeline has a one year low of $33.83 and a one year high of $43.44. The stock has a market capitalization of $21.41 billion, a P/E ratio of 15.24 and a beta of 0.89. The company has a 50 day moving average price of $37.77 and a two-hundred day moving average price of $38.98. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.65.

Institutional Trading of Pembina Pipeline

Institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC raised its stake in shares of Pembina Pipeline by 363.5% in the 1st quarter. Farther Finance Advisors LLC now owns 3,467 shares of the pipeline company’s stock valued at $140,000 after acquiring an additional 2,719 shares during the period. NBC Securities Inc. raised its position in Pembina Pipeline by 165,466.7% in the first quarter. NBC Securities Inc. now owns 4,967 shares of the pipeline company’s stock valued at $198,000 after purchasing an additional 4,964 shares during the period. Pacifica Partners Inc. lifted its stake in shares of Pembina Pipeline by 34.2% during the first quarter. Pacifica Partners Inc. now owns 2,945 shares of the pipeline company’s stock worth $119,000 after purchasing an additional 750 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Pembina Pipeline by 3,903.6% in the first quarter. GAMMA Investing LLC now owns 3,363 shares of the pipeline company’s stock worth $135,000 after buying an additional 3,279 shares during the period. Finally, Versant Capital Management Inc grew its stake in shares of Pembina Pipeline by 108.3% in the first quarter. Versant Capital Management Inc now owns 1,525 shares of the pipeline company’s stock valued at $61,000 after buying an additional 793 shares in the last quarter. Hedge funds and other institutional investors own 55.37% of the company’s stock.

Pembina Pipeline Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.4783 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.91 annualized dividend and a yield of 5.19%. Pembina Pipeline’s dividend payout ratio is presently 86.76%.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.