Keyera FY2024 EPS Increased by National Bank Financial

Keyera Corp. (TSE:KEY) – Stock analysts at National Bank Financial boosted their FY2024 earnings per share (EPS) estimates for shares of Keyera in a note issued to investors on Thursday, November 14th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $2.31 for the year, up from their prior estimate of $2.08. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. National Bank Financial also issued estimates for Keyera’s FY2025 earnings at $2.27 EPS.

Several other equities analysts have also issued reports on the company. Royal Bank of Canada boosted their price target on Keyera from C$44.00 to C$45.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. National Bankshares lifted their price objective on shares of Keyera from C$38.00 to C$39.00 in a research note on Friday. Jefferies Financial Group increased their target price on shares of Keyera from C$43.00 to C$47.00 and gave the stock a “buy” rating in a research note on Monday, September 30th. Raymond James set a C$47.00 price target on shares of Keyera and gave the stock an “outperform” rating in a report on Friday, October 11th. Finally, Citigroup upped their price objective on shares of Keyera from C$46.00 to C$50.00 in a report on Monday. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$42.58.

Keyera Stock Down 0.0 %

Shares of TSE:KEY opened at C$45.09 on Monday. The business’s 50-day moving average is C$42.89 and its 200-day moving average is C$39.45. Keyera has a 1 year low of C$31.16 and a 1 year high of C$45.67. The company has a market capitalization of C$10.33 billion, a price-to-earnings ratio of 30.26, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57.

Keyera Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date was Friday, September 13th. This is a positive change from Keyera’s previous quarterly dividend of $0.50. Keyera’s dividend payout ratio is currently 139.60%.

Keyera Company Profile

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.