Scotiabank Lifts Earnings Estimates for Gibson Energy

Gibson Energy Inc. (TSE:GEI – Free Report) – Investment analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for shares of Gibson Energy in a research report issued on Wednesday, November 11th. Scotiabank analyst R. Hope now anticipates that the company will post earnings of $1.46 per share for the year, up from their prior forecast of $1.39. Scotiabank has a “Sector Perform” rating and a $31.00 price objective on the stock. Scotiabank also issued estimates for Gibson Energy’s FY2027 earnings at $1.72 EPS.

Gibson Energy (TSE:GEI – Get Free Report) last issued its earnings results on Monday, November 2nd. The company reported C$0.45 earnings per share (EPS) for the quarter. Gibson Energy had a net margin of 1.47% and a return on equity of 20.74%. The firm had revenue of C$3.69 billion for the quarter.

GEI has been the topic of a number of other research reports. ATB Cormark Capital Markets raised their price target on shares of Gibson Energy from C$37.00 to C$39.00 and gave the stock an “outperform” rating in a report on Wednesday, November 4th. National Bank Financial upped their price objective on shares of Gibson Energy from C$34.00 to C$35.00 and gave the company an “outperform” rating in a research note on Wednesday, November 4th. Jefferies Financial Group lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada increased their target price on shares of Gibson Energy from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, Canadian Imperial Bank of Commerce cut Gibson Energy from an “outperformer” rating to a “hold” rating and set a C$34.00 target price on the stock. in a research note on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$34.20.

Get Our Latest Stock Analysis on Gibson Energy

Gibson Energy Stock Performance

TSE:GEI opened at C$32.56 on Friday. The firm has a market capitalization of C$5.62 billion, a P/E ratio of 27.83, a P/E/G ratio of 1.85 and a beta of 0.12. The company has a quick ratio of 0.87, a current ratio of 0.85 and a debt-to-equity ratio of 296.09. The company has a fifty day moving average of C$32.11 and a 200 day moving average of C$30.14. Gibson Energy has a 52 week low of C$23.30 and a 52 week high of C$34.66.

Gibson Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Friday, October 16th were issued a $0.45 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.80 annualized dividend and a yield of 5.5%. Gibson Energy’s dividend payout ratio is 152.14%.

About Gibson Energy

(Get Free Report)

Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company’s operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan. Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange.

Featured Stories

Earnings History and Estimates for Gibson Energy (TSE:GEI)

Receive News & Ratings for Gibson Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibson Energy and related companies with MarketBeat.com's FREE daily email newsletter.