
Pembina Pipeline Corp. (NYSE:PBA – Free Report) (TSE:PPL) – Research analysts at Scotiabank lowered their FY2026 EPS estimates for Pembina Pipeline in a research report issued to clients and investors on Thursday, March 5th. Scotiabank analyst R. Hope now forecasts that the pipeline company will post earnings per share of $1.98 for the year, down from their previous estimate of $2.00. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share. Scotiabank also issued estimates for Pembina Pipeline’s FY2027 earnings at $2.24 EPS.
Several other equities analysts have also recently weighed in on PBA. Zacks Research upgraded Pembina Pipeline from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. TD Securities cut Pembina Pipeline from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Weiss Ratings raised shares of Pembina Pipeline from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Pembina Pipeline in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Pembina Pipeline has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.
Pembina Pipeline Stock Up 0.7%
NYSE:PBA opened at $44.61 on Friday. Pembina Pipeline has a 1 year low of $34.13 and a 1 year high of $45.09. The stock has a 50-day moving average price of $41.20 and a two-hundred day moving average price of $39.46. The stock has a market cap of $25.92 billion, a price-to-earnings ratio of 23.48 and a beta of 0.68. The company has a current ratio of 0.61, a quick ratio of 0.41 and a debt-to-equity ratio of 0.80.
Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last announced its quarterly earnings results on Thursday, February 26th. The pipeline company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.06. Pembina Pipeline had a net margin of 21.76% and a return on equity of 11.17%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the business earned $0.92 EPS. The firm’s revenue was down 10.8% on a year-over-year basis.
Pembina Pipeline Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a dividend of $0.71 per share. The ex-dividend date is Monday, March 16th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 6.4%. Pembina Pipeline’s dividend payout ratio (DPR) is presently 106.84%.
Institutional Investors Weigh In On Pembina Pipeline
Institutional investors have recently bought and sold shares of the company. Tobam acquired a new stake in shares of Pembina Pipeline in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd acquired a new stake in Pembina Pipeline in the 3rd quarter valued at $31,000. Westside Investment Management Inc. boosted its stake in shares of Pembina Pipeline by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 808 shares of the pipeline company’s stock worth $32,000 after buying an additional 404 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Pembina Pipeline in the 4th quarter valued at about $36,000. Finally, Physician Wealth Advisors Inc. raised its holdings in Pembina Pipeline by 441.2% during the third quarter. Physician Wealth Advisors Inc. now owns 920 shares of the pipeline company’s stock worth $37,000 after acquiring an additional 750 shares in the last quarter. Institutional investors own 55.37% of the company’s stock.
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.
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