What is Scotiabank’s Forecast for Keyera FY2025 Earnings?

Keyera Corp. (TSE:KEY) – Equities research analysts at Scotiabank decreased their FY2025 earnings per share (EPS) estimates for Keyera in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of $2.14 for the year, down from their previous forecast of $2.18. Scotiabank currently has a “Outperform” rating and a $50.00 target price on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.

KEY has been the topic of a number of other reports. National Bankshares upped their target price on Keyera from C$38.00 to C$39.00 in a research report on Friday, November 15th. Royal Bank of Canada upped their price target on shares of Keyera from C$45.00 to C$46.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Citigroup raised their price objective on shares of Keyera from C$46.00 to C$50.00 in a report on Monday, November 18th. Raymond James upped their target price on shares of Keyera from C$47.00 to C$48.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Finally, Jefferies Financial Group lifted their price target on Keyera from C$43.00 to C$47.00 and gave the stock a “buy” rating in a research note on Monday, September 30th. Four investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$43.62.

Keyera Trading Down 1.4 %

TSE:KEY opened at C$43.08 on Monday. Keyera has a one year low of C$31.16 and a one year high of C$47.90. The business’s 50-day simple moving average is C$44.52 and its 200 day simple moving average is C$41.82. The company has a debt-to-equity ratio of 143.51, a quick ratio of 0.57 and a current ratio of 1.30. The stock has a market cap of C$9.87 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09.

Insider Activity at Keyera

In other news, Director James Vance Bertram sold 50,000 shares of the business’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 transaction of C$2,318,750.00. Insiders own 0.39% of the company’s stock.

Keyera Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.83%. The ex-dividend date was Friday, December 13th. Keyera’s dividend payout ratio (DPR) is 139.60%.

About Keyera

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.