Should I buy or sell Parkland stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PKI shares. View PKI analyst ratings or view top-rated stocks .

What is Parkland's stock price target for 2024?

12 brokerages have issued 1-year price objectives for Parkland's shares. Their PKI share price targets range from C$40.00 to C$60.00. On average, they expect the company's share price to reach C$51.46 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts price targets for PKI or view top-rated stocks among Wall Street analysts .

How have PKI shares performed in 2024?

Parkland's stock was trading at C$42.71 at the beginning of 2024. Since then, PKI shares have increased by 0.3% and is now trading at C$42.82. View the best growth stocks for 2024 here .

When is Parkland's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our PKI earnings forecast .

How were Parkland's earnings last quarter?

Parkland Co. (TSE:PKI) released its quarterly earnings data on Tuesday, February, 27th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.20. The business earned $7.75 billion during the quarter, compared to analysts' expectations of $8.41 billion. Parkland had a net margin of 1.45% and a trailing twelve-month return on equity of 15.15%.

How often does Parkland pay dividends? What is the dividend yield for Parkland?

Parkland declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Friday, March 22nd will be paid a dividend of 0.35 per share on Monday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Thursday, March 21st. This is a positive change from the stock's previous quarterly dividend of C$0.34. Read our dividend analysis for PKI .

Is Parkland a good dividend stock?

Parkland (TSE:PKI) pays an annual dividend of C$1.40 per share and currently has a dividend yield of 3.26%. The dividend payout ratio is 53.23%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PKI .

What other stocks do shareholders of Parkland own?

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) .

How do I buy shares of Parkland?

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. Compare Top Brokerages Here .

TSE:PKI

Parkland (PKI) Stock Price, News & Analysis

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C$42.82

-0.30 (-0.70%)

(As of 04/16/2024 ET)

Compare

Today's Range: C$42.29
▼
C$43.07
50-Day Range: C$40.87
▼
C$47.83
52-Week Range: C$30.29
▼
C$47.99

Volume: 524,242 shs
Average Volume: 478,812 shs
Market Capitalization: C$7.53 billion

P/E Ratio: 16.28
Dividend Yield: 3.27%
Price Target: C$51.46

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Insider Trades

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Parkland MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 20.2% Upside
C$51.46 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -1.00
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$1.87 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.44 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Parkland has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Parkland has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for PKI.

1.7

Dividend Strength

Dividend Yield
Parkland pays a meaningful dividend of 3.26%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Parkland does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Parkland is 53.23%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PKI.

0.6

News and Social Media Coverage

News Sentiment
Parkland has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Parkland this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for PKI on MarketBeat in the last 30 days. This is a decrease of -94% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Parkland to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parkland insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,867,999.00 in company stock.
Percentage Held by Insiders
20.51% of the stock of Parkland is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 32.44% of the stock of Parkland is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Parkland is 16.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Parkland is 16.28, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 93.63.
Price to Earnings Growth Ratio
Parkland has a PEG Ratio of 11.79. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Parkland has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Parkland Stock (TSE:PKI)

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities. This segment sells its products under the M&M Food Market, On the Run / Marché Express, Ultramar, Esso, Chevron, Pioneer, Fas Gas Plus, Bluewave Energy, Pipeline Commercial, Columbia Fuels, and Sparlings Propane brand names. The international segment operates and services various retail service stations under the Sol, Esso, Mobil, Shell, and Texaco brand names; and owns the Sol Shop, a convenience store, as well as sells refined crude oil to commercial, industrial, and aviation businesses. The company's USA Segment delivers fuel, lubricants, and other related products to commercial and wholesale customers; operates a network of retail fuel and convenience stores under the On the Run, Arco, Cenex, Chevron, Conoco, Exxon, and other brands, as well as cardlocks under various brands; and operates terminals, storage facilities and trucks, contracts with pipeline, storage facilities, and third-party carriers to support its network. Its Refining segment refines fuel products, such as gasoline, diesel, and jet fuel; and co-processes bio-feedstocks and blends low-carbon-intensity fuels with gasoline and diesel to produce greener fuels. The company was formerly known as Parkland Fuel Corporation and changed its name to Parkland Corporation in May 2020. Parkland Corporation was founded in 1977 and is headquartered in Calgary, Canada.

PKI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PKI Stock News Headlines

March 26, 2024 | insidertrades.com

Insider Selling: Parkland Co. (TSE:PKI) Senior Officer Sells 1,000 Shares of Stock

March 17, 2024 | insidertrades.com

Robert Berthold Espey Sells 7,500 Shares of Parkland Co. (TSE:PKI) Stock

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April 16, 2024 | americanbankingnews.com

Parkland (TSE:PKI) Price Target Lowered to C$50.00 at Royal Bank of Canada

January 14, 2022 | nj.com

Illegal ‘diversion’ of North Hudson parkland must be rectified | Opinion - NJ.com

January 13, 2022 | prnewswire.com

Parkland Corporation Announces January 2022 Dividend - PRNewswire

January 9, 2022 | usnews.com

Ravaged by 1968 Riots, Parkland Ky. Is Coming Back to Life - U.S. News & World Report

January 6, 2022 | dallasnews.com

Inside Dallas’ Parkland Hospital as shrinking staff fights omicron - The Dallas Morning News

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January 4, 2022 | dallasnews.com

COVID-19 testing sites to open at Parkland, Dallas County amid omicron surge - The Dallas Morning News

January 4, 2022 | dallasnews.com

Parkland opens new free COVID-19 testing site in Stemmons Corridor - The Dallas Morning News

December 29, 2021 | dallasnews.com

‘We are full’: Parkland’s ER sees record number of patients as omicron cases continue to soar - The Dallas Morning News

December 29, 2021 | abcnews.go.com

Judge postpones penalty trial for Parkland school gunman - ABC News

December 27, 2021 | dallasnews.com

Parkland Hospital reports COVID-19 hospitalization spike, staff hit by virus - The Dallas Morning News

December 23, 2021 | dallasnews.com

Dallas County community clinics brace for COVID-19 surge - The Dallas Morning News

December 16, 2021 | foxnews.com

Parkland school shooting: Florida district to pay $26 million to families of victims - Fox News

December 16, 2021 | cnn.com

School district will pay more than $26 million to Parkland shooting victims and families - CNN

December 16, 2021 | cbsnews.com

Florida school district to pay $26 million to Parkland shooting victims - CBS News

December 14, 2021 | prnewswire.com

Parkland ramps-up processing operations at the Burnaby Refinery - PRNewswire

December 14, 2021 | finance.yahoo.com

Parkland ramps-up processing operations at the Burnaby Refinery

December 13, 2021 | yahoo.com

Why A Parkland Survivor Says He Believes School Shootings Will 'Continue To Accelerate' - Yahoo Entertainment

December 9, 2021 | dallasnews.com

Missing 35-year-old woman last seen more than a week ago near Parkland - The Dallas Morning News

December 9, 2021 | dallasnews.com

Parkland says it requires employees to be vaccinated or file for exemption - The Dallas Morning News

December 5, 2021 | cnn.com

'Very nasty': Parkland father reacts to GOP lawmaker's photo - CNN

December 5, 2021 | newsweek.com

Parkland Victim's Father on Thomas Massie Family Gun Photo: 'Worst Taste Ever' - Newsweek

December 5, 2021 | businessinsider.com

Dad of Parkland victim blasts GOP lawmaker over family photo with guns - Business Insider

December 3, 2021 | abcnews.go.com

Parkland, Florida student arrested in school shooting threat - ABC News

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Ex-Dividend for 4/15 Dividend: 3/21/2024
Dividend Payable: 4/15/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/01/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Refining & Marketing
Sub-Industry: N/A
Current Symbol: TSE:PKI
CUSIP: N/A
CIK: N/A
Web: www.parkland.ca
Phone: +1-403-3566400
Fax: N/A
Employees: 2,019
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$51.62
High Stock Price Target: C$60.00
Low Stock Price Target: C$40.00
Potential Upside/Downside: +21.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.63
Trailing P/E Ratio: 16.22
Forward P/E Ratio: 12.91
P/E Growth: 11.79
Net Income: C$471 million
Net Margins: 1.45%
Pretax Margin: N/A
Return on Equity: 15.15%
Return on Assets: 4.55%

Debt

Debt-to-Equity Ratio: 199.87
Current Ratio: 1.29
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: C$32.45 billion
Price / Sales: 0.23
Cash Flow: C$2.66 per share
Price / Cash Flow: 16.01
Book Value: C$18.10 per share
Price / Book: 2.36

Miscellaneous

Outstanding Shares: 175,780,000
Free Float: N/A
Market Cap: C$7.50 billion
Optionable: Not Optionable
Beta: 1.38

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Key Executives

Mr. Robert Berthold Espey (Age 58)
President, CEO & Non-Independent Director
Comp: $2.86M
Mr. Marcel Teunissen (Age 50)
Chief Financial Officer
Comp: $1.34M
Mr. Pierre Patrick Gerard Magnan (Age 50)
President of Parkland International
Comp: $1.46M
Mr. Ian White
President of Parkland Canada
Ms. Donna Sanker
President of Parkland USA
Valerie Roberts
Director of Investor Relations
Mr. Tariq Remtulla
Senior VP, General Counsel & Corporate Secretary
Simon Scott
Director of Corporate Communications
Mr. Darren Robert Smart
Senior Vice President of Energy Transition & Corporate Development
Mr. Ferio Pugliese (Age 55)
Senior Vice President of People, Culture, Health, Safety, Environment & Sustainability

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PKI Stock Analysis - Frequently Asked Questions

Should I buy or sell Parkland stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PKI shares.
View PKI analyst ratings or view top-rated stocks.
What is Parkland's stock price target for 2024?: 12 brokerages have issued 1-year price objectives for Parkland's shares. Their PKI share price targets range from C$40.00 to C$60.00. On average, they expect the company's share price to reach C$51.46 in the next year. This suggests a possible upside of 20.2% from the stock's current price.
View analysts price targets for PKI or view top-rated stocks among Wall Street analysts.
How have PKI shares performed in 2024?: Parkland's stock was trading at C$42.71 at the beginning of 2024. Since then, PKI shares have increased by 0.3% and is now trading at C$42.82.
View the best growth stocks for 2024 here.
When is Parkland's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our PKI earnings forecast.
How were Parkland's earnings last quarter?: Parkland Co. (TSE:PKI) released its quarterly earnings data on Tuesday, February, 27th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.20. The business earned $7.75 billion during the quarter, compared to analysts' expectations of $8.41 billion. Parkland had a net margin of 1.45% and a trailing twelve-month return on equity of 15.15%.

How often does Parkland pay dividends? What is the dividend yield for Parkland?: Parkland declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Friday, March 22nd will be paid a dividend of 0.35 per share on Monday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Thursday, March 21st. This is a positive change from the stock's previous quarterly dividend of C$0.34.
Read our dividend analysis for PKI.
Is Parkland a good dividend stock?: Parkland (TSE:PKI) pays an annual dividend of C$1.40 per share and currently has a dividend yield of 3.26%. The dividend payout ratio is 53.23%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PKI.
What other stocks do shareholders of Parkland own?: 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).
How do I buy shares of Parkland?: 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.
Compare Top Brokerages Here.

This page (TSE:PKI) was last updated on 4/16/2024 by MarketBeat.com Staff

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Parkland (PKI) Stock Price, News & Analysis

Parkland MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Parkland Stock (TSE:PKI)

PKI Stock Price History

PKI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PKI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™