Scotiabank Has Strong Forecast for Keyera FY2026 Earnings

Keyera Corp. (TSE:KEY) – Research analysts at Scotiabank increased their FY2026 earnings estimates for shares of Keyera in a report released on Wednesday, August 19th. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of $1.89 for the year, up from their prior estimate of $1.56. Scotiabank currently has a “Sector Outperform” rating and a $66.00 target price on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.

Several other equities research analysts also recently weighed in on KEY. Canadian Imperial Bank of Commerce upped their target price on Keyera from C$63.00 to C$65.00 in a research report on Tuesday, June 16th. National Bank Financial boosted their price target on Keyera from C$61.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada increased their price objective on shares of Keyera from C$62.00 to C$66.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Raymond James Financial dropped their price objective on shares of Keyera from C$66.00 to C$65.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 23rd. Finally, Barclays boosted their target price on shares of Keyera from C$56.00 to C$61.00 in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$62.69.

Keyera Trading Down 1.7%

TSE:KEY opened at C$59.06 on Monday. The business’s 50-day moving average is C$58.41 and its two-hundred day moving average is C$55.11. The firm has a market capitalization of C$17.33 billion, a PE ratio of 38.60, a price-to-earnings-growth ratio of 1.35 and a beta of 0.48. Keyera has a 12 month low of C$40.09 and a 12 month high of C$61.41. The company has a debt-to-equity ratio of 160.65, a current ratio of 1.22 and a quick ratio of 0.57.

Keyera (TSE:KEY) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$1.19 earnings per share for the quarter. Keyera had a net margin of 5.02% and a return on equity of 10.81%. The firm had revenue of C$2.40 billion during the quarter.

Keyera Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, June 15th. Keyera’s dividend payout ratio (DPR) is 141.18%.

About Keyera

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.