Gibson Energy Inc. (TSE:GEI) has received a consensus rating of “Hold” from the fourteen brokerages that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$24.27.
A number of equities analysts have weighed in on the stock. Raymond James reissued a “market perform” rating and issued a C$25.00 price objective on shares of Gibson Energy in a research report on Tuesday, May 7th. GMP Securities decreased their price objective on shares of Gibson Energy from C$24.00 to C$22.50 in a research report on Wednesday. Canaccord Genuity decreased their price objective on shares of Gibson Energy from C$26.00 to C$24.50 in a research report on Tuesday, May 7th. National Bank Financial upped their price objective on shares of Gibson Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research report on Wednesday, April 3rd. Finally, CIBC upped their price objective on shares of Gibson Energy from C$22.00 to C$25.00 and gave the company an “average” rating in a research report on Wednesday, April 3rd.
TSE:GEI opened at C$22.09 on Friday. The company has a debt-to-equity ratio of 163.69, a current ratio of 1.17 and a quick ratio of 0.64. The stock has a market capitalization of $3.21 billion and a price-to-earnings ratio of 21.30. Gibson Energy has a 1-year low of C$16.64 and a 1-year high of C$23.75.
Gibson Energy (TSE:GEI) last posted its quarterly earnings data on Monday, March 4th. The company reported C$0.32 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.21 by C$0.11. The firm had revenue of C$1.36 billion during the quarter. As a group, sell-side analysts expect that Gibson Energy will post 0.839999913290332 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Friday, June 28th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.32 annualized dividend and a dividend yield of 5.98%. Gibson Energy’s payout ratio is 127.29%.
Gibson Energy Company Profile
Gibson Energy Inc, an integrated midstream company, engages in the movement, storage, optimization, processing, marketing, and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste, and refined products in North America. It operates through four segments: Infrastructure, Logistics, Wholesale, and Other.
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