Q3 Earnings Estimate for AltaGas Issued By Atb Cap Markets

AltaGas Ltd. (TSE:ALA) – Atb Cap Markets decreased their Q3 2025 earnings per share (EPS) estimates for AltaGas in a report released on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now anticipates that the company will earn $0.05 per share for the quarter, down from their previous forecast of $0.10. The consensus estimate for AltaGas’ current full-year earnings is $2.30 per share. Atb Cap Markets also issued estimates for AltaGas’ FY2025 earnings at $2.22 EPS.

Several other research analysts have also recently weighed in on ALA. TD Securities upped their price objective on AltaGas from C$45.00 to C$48.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Jefferies Financial Group upped their price objective on AltaGas from C$40.00 to C$46.00 in a research report on Wednesday, July 23rd. National Bankshares upped their price objective on AltaGas from C$44.00 to C$45.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Royal Bank Of Canada upped their price objective on AltaGas from C$43.00 to C$44.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Finally, ATB Capital upped their price objective on AltaGas from C$42.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$44.89.

AltaGas Stock Up 0.2%

Shares of AltaGas stock opened at C$42.67 on Tuesday. The company has a debt-to-equity ratio of 135.26, a current ratio of 1.03 and a quick ratio of 0.44. The company has a market capitalization of C$12.77 billion, a P/E ratio of 16.41, a price-to-earnings-growth ratio of -4.97 and a beta of 0.13. The business has a 50-day moving average of C$42.01 and a two-hundred day moving average of C$40.10. AltaGas has a 1 year low of C$32.02 and a 1 year high of C$43.81.

AltaGas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 29th were given a dividend of $0.315 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 annualized dividend and a yield of 3.0%. AltaGas’s dividend payout ratio is 47.12%.

AltaGas Company Profile

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through four segments: Midstream, power, utilities and corporate. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in the natural gas liquid processing and extraction, transportation, and storage.