Scotiabank Boosts Earnings Estimates for Pembina Pipeline

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Analysts at Scotiabank raised their FY2026 earnings estimates for Pembina Pipeline in a report released on Tuesday, August 4th. Scotiabank analyst R. Hope now anticipates that the pipeline company will earn $2.35 per share for the year, up from their prior forecast of $2.34. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.20 per share. Scotiabank also issued estimates for Pembina Pipeline’s FY2027 earnings at $2.34 EPS.

PBA has been the subject of several other research reports. BMO Capital Markets reissued a “market perform” rating on shares of Pembina Pipeline in a report on Friday, July 31st. Barclays reiterated an “overweight” rating on shares of Pembina Pipeline in a research report on Thursday, May 21st. Wall Street Zen raised Pembina Pipeline from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada upped their price objective on Pembina Pipeline from $64.00 to $68.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Finally, TD Securities reaffirmed a “buy” rating on shares of Pembina Pipeline in a research note on Thursday, July 16th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.00.

Pembina Pipeline Price Performance

NYSE:PBA opened at $48.04 on Friday. The firm’s fifty day moving average is $48.35 and its two-hundred day moving average is $45.77. The firm has a market cap of $27.93 billion, a price-to-earnings ratio of 23.55 and a beta of 0.57. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.68 and a current ratio of 0.62. Pembina Pipeline has a one year low of $35.45 and a one year high of $51.58.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last issued its earnings results on Thursday, July 30th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Pembina Pipeline had a return on equity of 11.41% and a net margin of 22.41%.The company’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS.

Hedge Funds Weigh In On Pembina Pipeline

Several institutional investors and hedge funds have recently modified their holdings of the business. Empowered Funds LLC boosted its stake in shares of Pembina Pipeline by 1.0% during the 4th quarter. Empowered Funds LLC now owns 24,449 shares of the pipeline company’s stock worth $931,000 after acquiring an additional 248 shares in the last quarter. Larson Financial Group LLC increased its stake in Pembina Pipeline by 32.4% in the 3rd quarter. Larson Financial Group LLC now owns 1,059 shares of the pipeline company’s stock valued at $43,000 after purchasing an additional 259 shares in the last quarter. Ethic Inc. increased its stake in Pembina Pipeline by 2.0% in the 4th quarter. Ethic Inc. now owns 14,150 shares of the pipeline company’s stock valued at $539,000 after purchasing an additional 278 shares in the last quarter. Broderick Brian C raised its holdings in Pembina Pipeline by 0.9% during the first quarter. Broderick Brian C now owns 32,823 shares of the pipeline company’s stock worth $1,469,000 after purchasing an additional 300 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its holdings in Pembina Pipeline by 3.6% during the fourth quarter. Brown Brothers Harriman & Co. now owns 9,768 shares of the pipeline company’s stock worth $372,000 after purchasing an additional 341 shares during the last quarter. Hedge funds and other institutional investors own 55.37% of the company’s stock.

Pembina Pipeline Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.735 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 6.1%. Pembina Pipeline’s dividend payout ratio (DPR) is 100.98%.

About Pembina Pipeline

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.