Scotiabank Forecasts Weaker Earnings for Pembina Pipeline

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Equities researchers at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for shares of Pembina Pipeline in a note issued to investors on Thursday, July 23rd. Scotiabank analyst R. Hope now expects that the pipeline company will earn $2.34 per share for the year, down from their prior estimate of $2.42. 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 $2.28 EPS.

Several other equities analysts have also commented on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Pembina Pipeline in a research report on Friday, July 3rd. TD Securities reiterated a “buy” rating on shares of Pembina Pipeline in a research report on Thursday, July 16th. Wall Street Zen raised shares of Pembina Pipeline from a “sell” rating to a “hold” rating in a research note on Saturday. BMO Capital Markets restated a “market perform” rating and issued a $68.00 target price on shares of Pembina Pipeline in a research report on Friday, July 3rd. Finally, Royal Bank Of Canada raised their price target on shares of Pembina Pipeline from $64.00 to $68.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $64.00.

Pembina Pipeline Price Performance

Shares of NYSE PBA opened at $49.95 on Monday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.83 and a quick ratio of 0.68. The firm has a market capitalization of $29.04 billion, a PE ratio of 26.01 and a beta of 0.57. Pembina Pipeline has a 1-year low of $35.45 and a 1-year high of $51.58. The business’s fifty day moving average price is $48.35 and its two-hundred day moving average price is $45.22.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last released its quarterly earnings data on Thursday, May 7th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.07. Pembina Pipeline had a return on equity of 11.47% and a net margin of 22.22%.The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the firm posted $0.80 EPS. The business’s revenue for the quarter was down 7.7% compared to the same quarter last year.

Pembina Pipeline Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 5.9%. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Monday, June 15th. Pembina Pipeline’s dividend payout ratio is 110.94%.

Institutional Investors Weigh In On Pembina Pipeline

Hedge funds and other institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC bought a new position in Pembina Pipeline in the 1st quarter valued at about $25,000. Tobam bought a new stake in shares of Pembina Pipeline during the 4th quarter worth about $28,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Pembina Pipeline in the 3rd quarter worth approximately $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Pembina Pipeline in the fourth quarter valued at approximately $36,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Pembina Pipeline by 32.4% in the third quarter. Larson Financial Group LLC now owns 1,059 shares of the pipeline company’s stock valued at $43,000 after acquiring an additional 259 shares in the last quarter. 55.37% of the stock is currently owned by institutional investors.

Pembina Pipeline Company Profile

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.