FY2027 EPS Forecast for Gibson Energy Cut by Analyst

Gibson Energy Inc. (TSE:GEI) – Equities researchers at Raymond James Financial decreased their FY2027 EPS estimates for Gibson Energy in a report released on Tuesday, June 17th. Raymond James Financial analyst M. Barth now anticipates that the company will post earnings of $1.92 per share for the year, down from their prior estimate of $1.93. Raymond James Financial currently has a “Strong-Buy” rating and a $30.50 target price on the stock.

GEI has been the subject of a number of other reports. National Bankshares lowered shares of Gibson Energy from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from C$29.00 to C$24.00 in a research note on Wednesday, February 19th. CIBC decreased their price objective on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Royal Bank Of Canada decreased their price objective on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Scotiabank decreased their price objective on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Finally, ATB Capital decreased their price objective on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Gibson Energy currently has a consensus rating of “Moderate Buy” and an average price target of C$26.05.

Gibson Energy Stock Down 1.4%

Shares of GEI opened at C$23.94 on Wednesday. The firm has a market capitalization of C$3.91 billion, a P/E ratio of 18.46, a P/E/G ratio of 1.85 and a beta of 1.25. Gibson Energy has a 12-month low of C$19.63 and a 12-month high of C$26.10. The company has a current ratio of 0.70, a quick ratio of 0.87 and a debt-to-equity ratio of 278.33. The firm has a fifty day moving average price of C$22.48 and a 200-day moving average price of C$23.14.

Gibson Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 7.18%. Gibson Energy’s dividend payout ratio is presently 126.47%.

Insiders Place Their Bets

In other Gibson Energy news, Senior Officer David Bruce Gosse purchased 2,255 shares of the company’s stock in a transaction dated Monday, June 9th. The shares were acquired at an average price of C$23.50 per share, for a total transaction of C$52,992.50. Also, Director Curtis Philippon purchased 15,000 shares of the company’s stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of C$22.26 per share, for a total transaction of C$333,900.00. Over the last ninety days, insiders bought 19,460 shares of company stock worth $436,982. 0.85% of the stock is owned by corporate insiders.

Gibson Energy Company Profile

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.