Keyera Corp. Forecasted to Earn FY2025 Earnings of $2.31 Per Share (TSE:KEY)

Keyera Corp. (TSE:KEY) – Investment analysts at Raymond James issued their FY2025 earnings per share (EPS) estimates for Keyera in a research report issued to clients and investors on Thursday, October 10th. Raymond James analyst M. Barth anticipates that the company will earn $2.31 per share for the year. Raymond James has a “Moderate Buy” rating on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Raymond James also issued estimates for Keyera’s FY2026 earnings at $2.48 EPS and FY2028 earnings at $3.09 EPS.

Keyera (TSE:KEY) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.54 by C$0.08. The firm had revenue of C$1.72 billion for the quarter. Keyera had a net margin of 4.86% and a return on equity of 12.02%.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets lifted their price objective on Keyera from C$40.00 to C$41.00 and gave the stock a “hold” rating in a report on Thursday, September 5th. Scotiabank lifted their price target on Keyera from C$40.00 to C$42.00 and gave the stock an “outperform” rating in a research note on Monday, July 15th. Royal Bank of Canada increased their price objective 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. Jefferies Financial Group lifted 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. Finally, Citigroup upped their target price on shares of Keyera from C$40.00 to C$46.00 and gave the stock a “buy” rating in a report on Monday, September 23rd. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Keyera currently has an average rating of “Moderate Buy” and a consensus target price of C$41.50.

Keyera Stock Down 0.7 %

Shares of TSE KEY opened at C$43.94 on Monday. Keyera has a 52-week low of C$31.16 and a 52-week high of C$44.56. The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 143.51. The company’s 50-day simple moving average is C$40.83 and its 200-day simple moving average is C$37.96. The firm has a market cap of C$10.07 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09.

Insider Transactions at Keyera

In related news, Senior Officer Eileen Marikar sold 1,888 shares of the stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of C$39.70, for a total value of C$74,953.79. Insiders own 0.39% of the company’s stock.

Keyera Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were paid a $0.52 dividend. This is a boost from Keyera’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, September 13th. This represents a $2.08 annualized dividend and a dividend yield of 4.73%. Keyera’s dividend payout ratio is 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.