FY2025 EPS Forecast for Gibson Energy Increased by Analyst

Gibson Energy Inc. (TSE:GEIFree Report) – Equities research analysts at National Bank Financial raised their FY2025 earnings per share estimates for Gibson Energy in a report released on Wednesday, December 4th. National Bank Financial analyst P. Kenny now anticipates that the company will earn $1.75 per share for the year, up from their prior estimate of $1.64.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from C$25.50 to C$28.00 in a research note on Thursday. Scotiabank boosted their price target on Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday. National Bankshares upped their price target on Gibson Energy from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research note on Friday, August 23rd. Raymond James raised their price objective on Gibson Energy from C$28.50 to C$30.00 in a research note on Thursday. Finally, CIBC upped their target price on Gibson Energy from C$27.00 to C$29.00 in a research report on Thursday. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$26.70.

Read Our Latest Stock Analysis on Gibson Energy

Gibson Energy Stock Performance

GEI stock opened at C$25.59 on Monday. The firm has a 50 day moving average of C$23.27 and a two-hundred day moving average of C$22.73. Gibson Energy has a 12 month low of C$19.42 and a 12 month high of C$26.10. The company has a market capitalization of C$4.17 billion, a price-to-earnings ratio of 24.14, a P/E/G ratio of 1.85 and a beta of 1.25. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 292.01.

Gibson Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 6.41%. The ex-dividend date of this dividend is Tuesday, December 31st. Gibson Energy’s dividend payout ratio is currently 154.72%.

Gibson Energy Company Profile

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Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.

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Earnings History and Estimates for Gibson Energy (TSE:GEI)

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