Shares of Plains All American Pipeline Lp (NASDAQ:PAA – Get Free Report) have been given an average recommendation of “Hold” by the seventeen research firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $23.5385.
A number of analysts have recently issued reports on PAA shares. Royal Bank Of Canada raised their price target on shares of Plains All American Pipeline from $23.00 to $26.00 and gave the company a “sector perform” rating in a report on Monday, August 17th. Truist Financial boosted their price objective on shares of Plains All American Pipeline from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. Citigroup increased their price objective on shares of Plains All American Pipeline from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings upgraded shares of Plains All American Pipeline from a “buy (b-)” rating to a “buy (b+)” rating in a report on Tuesday, August 25th. Finally, Wall Street Zen downgraded shares of Plains All American Pipeline from a “buy” rating to a “hold” rating in a research report on Saturday.
Check Out Our Latest Research Report on PAA
Institutional Inflows and Outflows
Plains All American Pipeline Stock Performance
Shares of NASDAQ:PAA opened at $25.48 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.12 and a quick ratio of 1.10. Plains All American Pipeline has a 1 year low of $15.69 and a 1 year high of $25.75. The company has a market cap of $17.98 billion, a P/E ratio of 7.06, a PEG ratio of 8.81 and a beta of 0.50. The stock’s fifty day moving average price is $23.58 and its 200-day moving average price is $22.47.
Plains All American Pipeline (NASDAQ:PAA – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.09). Plains All American Pipeline had a return on equity of 12.13% and a net margin of 5.29%.The business had revenue of $17.69 billion during the quarter. During the same period last year, the firm earned $0.36 EPS. The business’s quarterly revenue was up 66.3% compared to the same quarter last year. Sell-side analysts expect that Plains All American Pipeline will post 1.77 earnings per share for the current year.
Plains All American Pipeline Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a $0.4175 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $1.67 annualized dividend and a dividend yield of 6.6%. Plains All American Pipeline’s payout ratio is presently 46.26%.
About Plains All American Pipeline
Plains All American Pipeline (NASDAQ: PAA) is a publicly traded energy infrastructure company that provides midstream services for crude oil and natural gas liquids (NGLs). The company’s core activities include gathering, transporting, storing and marketing hydrocarbons, using an integrated network of pipelines, storage terminals, rail and truck transloading facilities. Plains also offers logistics and marketing services that connect upstream producers with refiners, traders and export markets.
Plains owns and operates a portfolio of pipeline and terminal assets concentrated in major U.S.
See Also
- Five stocks we like better than Plains All American Pipeline
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for Plains All American Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plains All American Pipeline and related companies with MarketBeat.com's FREE daily email newsletter.
