Keyera Corp. (TSE:KEY – Free Report) – Research analysts at Scotiabank reduced their FY2026 earnings per share estimates for Keyera in a report released on Thursday, October 22nd. Scotiabank analyst R. Hope now expects that the company will post earnings of $1.68 per share for the year, down from their previous forecast of $1.69. Scotiabank has a “Sector Outperform” rating and a $66.00 price target on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.
Keyera (TSE:KEY – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. Keyera had a return on equity of 10.81% and a net margin of 5.02%. The company had revenue of C$2.40 billion during the quarter.
KEY has been the topic of a number of other research reports. Citigroup lifted their price target on shares of Keyera from C$102.00 to C$106.00 and gave the stock a “buy” rating in a research note on Friday, September 4th. TD dropped their price objective on shares of Keyera from C$70.00 to C$67.00 and set a “buy” rating for the company in a research note on Friday, September 4th. Stifel Nicolaus raised their price objective on shares of Keyera from C$85.00 to C$90.00 and gave the stock a “hold” rating in a report on Friday, September 4th. Royal Bank Of Canada raised their price objective on shares of Keyera from C$62.00 to C$66.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Scotia lifted their target price on shares of Keyera from C$88.00 to C$92.00 and gave the company a “sector perform” rating in a research report on Friday, September 4th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Keyera presently has a consensus rating of “Moderate Buy” and an average target price of C$73.00.
Check Out Our Latest Research Report on KEY
Keyera Stock Performance
Shares of TSE KEY opened at C$54.64 on Friday. The firm has a market capitalization of C$16.03 billion, a price-to-earnings ratio of 35.71, a PEG ratio of 1.35 and a beta of 0.59. Keyera has a one year low of C$40.09 and a one year high of C$61.41. The business has a fifty day simple moving average of C$55.65 and a 200 day simple moving average of C$55.90. The company has a current ratio of 1.22, a quick ratio of 0.57 and a debt-to-equity ratio of 160.65.
Keyera Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were paid a $0.5625 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.25 annualized dividend and a yield of 4.1%. This is a positive change from Keyera’s previous quarterly dividend of $0.54. Keyera’s payout ratio is presently 141.18%.
Insider Buying and Selling
In related news, Director Taylor Timothy Kitchen purchased 500 shares of the stock in a transaction on Friday, September 4th. The shares were purchased at an average cost of C$55.74 per share, for a total transaction of C$27,870.00. Following the completion of the transaction, the director directly owned 7,500 shares of the company’s stock, valued at approximately C$418,050. The trade was a 7.14% increase in their position. 0.39% of the stock is currently owned by corporate insiders.
Keyera Company Profile
Keyera Corp. (TSX:KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner.
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