Scotiabank Boosts Earnings Estimates for Pembina Pipeline

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Equities researchers at Scotiabank boosted their FY2026 EPS estimates for shares of Pembina Pipeline in a research report issued on Friday, April 10th. Scotiabank analyst R. Hope now anticipates that the pipeline company will earn $2.04 per share for the year, up from their prior forecast of $1.98. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last released its earnings results on Thursday, February 26th. The pipeline company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. Pembina Pipeline had a net margin of 21.76% and a return on equity of 11.17%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the firm earned $0.92 EPS. The company’s revenue was down 10.8% compared to the same quarter last year.

Several other research analysts also recently commented on PBA. Weiss Ratings raised shares of Pembina Pipeline from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. BMO Capital Markets reaffirmed a “market perform” rating on shares of Pembina Pipeline in a report on Wednesday, April 8th. Zacks Research raised shares of Pembina Pipeline from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Pembina Pipeline from $55.00 to $60.00 and gave the stock a “neutral” rating in a report on Thursday, March 19th. Finally, TD Securities reaffirmed a “hold” rating on shares of Pembina Pipeline in a report on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $60.00.

Pembina Pipeline Stock Down 1.3%

PBA opened at $43.47 on Tuesday. The company has a 50 day moving average of $44.24 and a 200 day moving average of $40.63. The company has a market cap of $25.27 billion, a PE ratio of 22.88 and a beta of 0.62. Pembina Pipeline has a 12 month low of $35.45 and a 12 month high of $46.19. The company has a current ratio of 0.61, a quick ratio of 0.47 and a debt-to-equity ratio of 0.80.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Tobam bought a new position in Pembina Pipeline in the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd bought a new position in Pembina Pipeline in the 3rd quarter valued at $31,000. Westside Investment Management Inc. boosted its holdings in Pembina Pipeline by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 808 shares of the pipeline company’s stock valued at $32,000 after purchasing an additional 404 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in Pembina Pipeline by 441.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 920 shares of the pipeline company’s stock valued at $37,000 after purchasing an additional 750 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Pembina Pipeline in the 4th quarter valued at $36,000. 55.37% of the stock is owned by institutional investors.

Pembina Pipeline Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend was Monday, March 16th. Pembina Pipeline’s dividend payout ratio (DPR) is presently 109.47%.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation (NYSE: PBA) is a North American energy infrastructure company that develops, owns and operates midstream assets that transport, store and process hydrocarbons. Its core business focuses on the transportation of crude oil, natural gas liquids (NGLs) and condensate, along with gas processing, fractionation, storage and related marketing services. Pembina serves producers, refiners and other energy companies by providing pipeline capacity, terminal services and midstream solutions that link upstream production to downstream markets and export facilities.

The company’s asset base is concentrated in Western Canada, including major operations in Alberta and British Columbia, and it also has operations and commercial activities that extend into the United States.