FY2025 EPS Estimate for Gibson Energy Cut by Analyst

Gibson Energy Inc. (TSE:GEI) – Raymond James Financial dropped their FY2025 earnings per share (EPS) estimates for Gibson Energy in a research report issued to clients and investors on Tuesday, June 17th. Raymond James Financial analyst M. Barth now expects that the company will earn $1.38 per share for the year, down from their previous forecast of $1.39. Raymond James Financial has a “Strong-Buy” rating and a $30.50 price target on the stock.

Several other research firms have also recently issued reports on GEI. ATB Capital cut their target price on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Scotiabank decreased their price target on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Royal Bank Of Canada decreased their price target on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. TD Securities lowered Gibson Energy from a “strong-buy” rating to a “hold” rating and lifted their target price for the company from C$24.00 to C$25.00 in a research report on Tuesday. Finally, Jefferies Financial Group cut their price target on Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating on the stock in a report on Thursday, February 20th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$26.05.

Gibson Energy Stock Up 0.3%

GEI stock opened at C$24.02 on Thursday. Gibson Energy has a fifty-two week low of C$19.63 and a fifty-two week high of C$26.10. The business’s 50-day moving average is C$22.55 and its two-hundred day moving average is C$23.14. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70. The company has a market cap of C$3.92 billion, a price-to-earnings ratio of 18.52, a P/E/G ratio of 1.85 and a beta of 1.25.

Gibson Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.16%. Gibson Energy’s dividend payout ratio is currently 126.47%.

Insider Buying and Selling at Gibson Energy

In other Gibson Energy news, Director Curtis Philippon purchased 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average cost of C$22.26 per share, with a total value of C$333,900.00. Also, Senior Officer David Bruce Gosse acquired 2,205 shares of the firm’s stock in a transaction on Monday, May 26th. The stock was purchased at an average cost of C$22.72 per share, with a total value of C$50,089.66. In the last 90 days, insiders have acquired 19,460 shares of company stock valued at $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.