Zacks Research Issues Positive Forecast for PBA Earnings

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Investment analysts at Zacks Research raised their Q3 2026 earnings per share estimates for shares of Pembina Pipeline in a research report issued to clients and investors on Friday, September 19th. Zacks Research analyst Team now anticipates that the pipeline company will post earnings per share of $0.54 for the quarter, up from their previous forecast of $0.51. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share.

Other equities analysts have also recently issued research reports about the company. Barclays restated an “overweight” rating on shares of Pembina Pipeline in a report on Tuesday, June 3rd. BMO Capital Markets reissued an “outperform” rating on shares of Pembina Pipeline in a research report on Monday, August 11th. Wall Street Zen lowered Pembina Pipeline from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. National Bank Financial upgraded Pembina Pipeline from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 25th. Finally, Wells Fargo & Company lowered Pembina Pipeline from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Pembina Pipeline Price Performance

Shares of PBA opened at $40.03 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 0.81. Pembina Pipeline has a 1 year low of $34.13 and a 1 year high of $43.44. The stock has a market cap of $23.25 billion, a P/E ratio of 18.79 and a beta of 0.79. The stock’s 50-day moving average price is $37.53 and its two-hundred day moving average price is $37.77.

Institutional Investors Weigh In On Pembina Pipeline

Institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its position in shares of Pembina Pipeline by 69.9% in the first quarter. First Horizon Advisors Inc. now owns 673 shares of the pipeline company’s stock worth $27,000 after purchasing an additional 277 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Pembina Pipeline in the first quarter worth $27,000. Larson Financial Group LLC lifted its position in Pembina Pipeline by 53.4% during the 1st quarter. Larson Financial Group LLC now owns 1,341 shares of the pipeline company’s stock worth $54,000 after buying an additional 467 shares in the last quarter. State of Wyoming bought a new stake in Pembina Pipeline during the 2nd quarter worth about $58,000. Finally, Versant Capital Management Inc lifted its position in Pembina Pipeline by 108.3% during the 1st quarter. Versant Capital Management Inc now owns 1,525 shares of the pipeline company’s stock worth $61,000 after buying an additional 793 shares in the last quarter. Institutional investors own 55.37% of the company’s stock.

Pembina Pipeline Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 7.1%. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.51. The ex-dividend date is Monday, September 15th. Pembina Pipeline’s dividend payout ratio is presently 96.24%.

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.