Research Analysts Issue Forecasts for Keyera FY2025 Earnings

Keyera Corp. (TSE:KEY) – Equities researchers at Scotiabank lowered their FY2025 earnings estimates for shares of Keyera in a report issued on Wednesday, January 8th. Scotiabank analyst R. Hope now forecasts that the company will earn $2.14 per share for the year, down from their prior forecast of $2.18. Scotiabank has a “Outperform” rating and a $50.00 price objective on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.

KEY has been the topic of several other research reports. BMO Capital Markets upped their price target on Keyera from C$41.00 to C$44.00 in a report on Friday, November 15th. Raymond James upped their target price on shares of Keyera from C$47.00 to C$48.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Citigroup lifted their price target on shares of Keyera from C$46.00 to C$50.00 in a research note on Monday, November 18th. National Bankshares increased their price objective on shares of Keyera from C$38.00 to C$39.00 in a research report on Friday, November 15th. Finally, Royal Bank of Canada lifted their price objective on shares of Keyera from C$45.00 to C$46.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$43.62.

Keyera Stock Down 2.2 %

Keyera stock opened at C$43.69 on Monday. The firm has a market capitalization of C$10.01 billion, a P/E ratio of 29.32, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a current ratio of 1.30, a quick ratio of 0.57 and a debt-to-equity ratio of 143.51. Keyera has a twelve month low of C$31.16 and a twelve month high of C$47.90. The stock’s fifty day simple moving average is C$44.52 and its 200-day simple moving average is C$41.82.

Keyera Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date of this dividend was Friday, December 13th. Keyera’s dividend payout ratio is currently 139.60%.

Insiders Place Their Bets

In other news, Director James Vance Bertram sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$46.38, for a total value of C$2,318,750.00. 0.39% of the stock is currently owned by insiders.

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.