Scotiabank Has Pessimistic View of Keyera FY2026 Earnings

Keyera Corp. (TSE:KEY) – Research analysts at Scotiabank dropped their FY2026 EPS estimates for shares of Keyera in a report issued on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $2.19 for the year, down from their prior estimate of $2.30. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Scotiabank also issued estimates for Keyera’s FY2027 earnings at $3.01 EPS.

Keyera (TSE:KEY) last released its quarterly earnings results on Thursday, February 12th. The company reported C$0.39 earnings per share for the quarter. The business had revenue of C$1.70 billion for the quarter. Keyera had a return on equity of 16.05% and a net margin of 5.97%.

Several other research firms also recently weighed in on KEY. National Bank Financial dropped their target price on shares of Keyera from C$48.00 to C$46.00 and set a “sector perform” rating for the company in a report on Tuesday, January 20th. BMO Capital Markets lowered their price target on shares of Keyera from C$54.00 to C$51.00 and set an “outperform” rating on the stock in a research report on Friday, January 9th. TD Securities raised their price objective on shares of Keyera from C$52.00 to C$56.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Barclays lifted their price objective on Keyera from C$43.00 to C$48.00 in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$51.82.

Keyera Trading Down 1.0%

Shares of KEY stock opened at C$51.04 on Friday. The stock has a market cap of C$11.70 billion, a P/E ratio of 27.01, a P/E/G ratio of 1.35 and a beta of 0.58. The company has a quick ratio of 0.57, a current ratio of 1.31 and a debt-to-equity ratio of 137.59. Keyera has a fifty-two week low of C$37.80 and a fifty-two week high of C$52.66. The business has a fifty day simple moving average of C$45.50 and a 200-day simple moving average of C$44.60.

Keyera Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.2%. Keyera’s dividend payout ratio is currently 112.17%.

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. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.