Equities analysts expect that Pembina Pipeline Corp (NYSE:PBA) (TSE:PPL) will announce earnings per share of $0.42 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Pembina Pipeline’s earnings, with the highest EPS estimate coming in at $0.52 and the lowest estimate coming in at $0.36. Pembina Pipeline posted earnings per share of $0.22 in the same quarter last year, which suggests a positive year-over-year growth rate of 90.9%. The company is scheduled to issue its next quarterly earnings report on Thursday, February 22nd.

On average, analysts expect that Pembina Pipeline will report full year earnings of $1.19 per share for the current year, with EPS estimates ranging from $1.12 to $1.32. For the next year, analysts anticipate that the business will post earnings of $1.77 per share, with EPS estimates ranging from $1.53 to $2.07. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Pembina Pipeline.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last posted its quarterly earnings data on Thursday, November 2nd. The pipeline company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.08). Pembina Pipeline had a return on equity of 8.36% and a net margin of 11.66%.

Several research firms have recently weighed in on PBA. Macquarie cut Pembina Pipeline from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 29th. Zacks Investment Research raised Pembina Pipeline from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $39.00.

Several hedge funds have recently bought and sold shares of the company. Linscomb & Williams Inc. acquired a new position in Pembina Pipeline during the second quarter valued at approximately $116,000. San Francisco Sentry Investment Group CA acquired a new position in Pembina Pipeline during the second quarter valued at approximately $132,000. Pinebridge Investments L.P. acquired a new position in Pembina Pipeline during the second quarter valued at approximately $146,000. Prudential PLC acquired a new position in Pembina Pipeline during the second quarter valued at approximately $202,000. Finally, Benchmark Capital Advisors acquired a new position in Pembina Pipeline during the third quarter valued at approximately $204,000. 42.31% of the stock is owned by institutional investors.

Pembina Pipeline (NYSE:PBA) traded up $0.13 during mid-day trading on Thursday, hitting $35.21. The stock had a trading volume of 477,342 shares, compared to its average volume of 467,048. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $17,650.00, a PE ratio of 35.57 and a beta of 0.74. Pembina Pipeline has a 52 week low of $30.32 and a 52 week high of $36.99.

The company also recently disclosed a jan 18 dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, January 25th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, January 24th. This represents a dividend yield of 4.93%. Pembina Pipeline’s dividend payout ratio is currently 174.75%.

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About Pembina Pipeline

Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

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