Raymond James Financial Weighs in on Keyera FY2025 Earnings

Keyera Corp. (TSE:KEY) – Investment analysts at Raymond James Financial decreased their FY2025 earnings per share estimates for shares of Keyera in a research report issued on Monday, October 6th. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings of $2.29 per share for the year, down from their prior estimate of $2.31. Raymond James Financial has a “Outperform” rating and a $59.00 price target on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Raymond James Financial also issued estimates for Keyera’s FY2027 earnings at $3.07 EPS.

A number of other research analysts have also recently commented on the company. ATB Capital boosted their price target on Keyera from C$46.00 to C$48.00 and gave the stock a “sector perform” rating in a report on Monday, June 23rd. Royal Bank Of Canada boosted their price target on Keyera from C$46.00 to C$53.00 and gave the stock an “outperform” rating in a report on Friday, June 20th. Scotiabank boosted their price target on Keyera from C$51.00 to C$54.00 and gave the stock an “outperform” rating in a report on Monday, June 23rd. Tudor Pickering raised Keyera from a “hold” rating to a “strong-buy” rating in a report on Friday, July 25th. Finally, National Bankshares set a C$45.00 price objective on Keyera and gave the stock a “sector perform” rating in a research note on Friday, June 20th. Four analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$51.27.

Keyera Stock Down 0.2%

TSE KEY opened at C$46.31 on Wednesday. The stock’s 50 day moving average is C$44.86 and its 200 day moving average is C$43.53. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59. Keyera has a 12 month low of C$37.80 and a 12 month high of C$47.90. The stock has a market cap of C$10.61 billion, a PE ratio of 20.05, a P/E/G ratio of 1.35 and a beta of 0.56.

Keyera Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 29th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, September 15th. This is a positive change from Keyera’s previous quarterly dividend of $0.52. Keyera’s dividend payout ratio is presently 90.04%.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.