Scotiabank Has Bearish Estimate for Keyera FY2026 Earnings

Keyera Corp. (TSE:KEY) – Research analysts at Scotiabank decreased their FY2026 earnings per share estimates for Keyera in a note issued to investors on Wednesday, April 1st. Scotiabank analyst R. Hope now expects that the company will earn $1.98 per share for the year, down from their previous estimate of $2.19. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.

Keyera (TSE:KEY) last released its earnings results on Thursday, February 12th. The company reported C$0.39 EPS for the quarter. Keyera had a return on equity of 15.39% and a net margin of 6.34%.The company had revenue of C$1.70 billion during the quarter.

Other analysts also recently issued research reports about the stock. BMO Capital Markets lowered their target price on shares of Keyera from C$54.00 to C$51.00 and set an “outperform” rating on the stock in a research report on Friday, January 9th. Raymond James Financial lifted their price target on shares of Keyera from C$63.00 to C$66.00 in a research report on Monday. Citigroup boosted their price target on Keyera from C$51.00 to C$58.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Barclays upped their price target on Keyera from C$43.00 to C$48.00 in a report on Friday, February 13th. Finally, National Bank Financial dropped their price objective on Keyera from C$48.00 to C$46.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Keyera has a consensus rating of “Moderate Buy” and an average price target of C$53.09.

Keyera Stock Down 2.4%

Shares of TSE KEY opened at C$52.51 on Thursday. The company has a quick ratio of 0.57, a current ratio of 1.76 and a debt-to-equity ratio of 227.74. Keyera has a 52 week low of C$37.80 and a 52 week high of C$55.35. The firm has a 50-day moving average price of C$50.89 and a 200 day moving average price of C$46.34. The stock has a market capitalization of C$12.04 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 1.35 and a beta of 0.70.

Keyera Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were given a $0.54 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.16 annualized dividend and a dividend yield of 4.1%. Keyera’s dividend payout ratio is currently 112.17%.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.