FY2024 EPS Estimates for Keyera Boosted by Atb Cap Markets

Keyera Corp. (TSE:KEY) – Research analysts at Atb Cap Markets upped their FY2024 earnings per share (EPS) estimates for Keyera in a research report issued on Thursday, November 14th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings per share of $2.20 for the year, up from their previous forecast of $1.98. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Atb Cap Markets also issued estimates for Keyera’s Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.94 EPS and FY2026 earnings at $2.11 EPS.

A number of other brokerages have also commented on KEY. Jefferies Financial Group raised 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. Raymond James set a C$47.00 price objective on shares of Keyera and gave the stock an “outperform” rating in a report on Friday, October 11th. Royal Bank of Canada lifted their target price on shares of Keyera from C$44.00 to C$45.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Citigroup increased their price target on shares of Keyera from C$46.00 to C$50.00 in a research note on Monday. Finally, National Bankshares lifted their price objective on Keyera from C$38.00 to C$39.00 in a research report on Friday. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$42.58.

Keyera Trading Down 0.0 %

TSE KEY opened at C$45.09 on Monday. The company has a debt-to-equity ratio of 143.51, a quick ratio of 0.57 and a current ratio of 1.30. Keyera has a fifty-two week low of C$31.16 and a fifty-two week high of C$45.67. The stock has a market cap of C$10.33 billion, a P/E ratio of 30.26, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The stock has a 50 day simple moving average of C$42.89 and a two-hundred day simple moving average of C$39.45.

Keyera Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.61%. The ex-dividend date of this dividend was Friday, September 13th. This is a positive change from Keyera’s previous quarterly dividend of $0.50. Keyera’s payout ratio is currently 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.