Scotiabank Decreases Earnings Estimates for Pembina Pipeline

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Pembina Pipeline in a report issued on Thursday, July 23rd. Scotiabank analyst R. Hope now expects that the pipeline company will post earnings per share of $2.34 for the year, down from their previous estimate of $2.42. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.20 per share. Scotiabank also issued estimates for Pembina Pipeline’s FY2027 earnings at $2.28 EPS.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last announced its earnings results on Thursday, May 7th. The pipeline company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.52 by $0.07. Pembina Pipeline had a return on equity of 11.47% and a net margin of 22.22%.The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the business posted $0.80 earnings per share. Pembina Pipeline’s revenue was down 7.7% compared to the same quarter last year.

A number of other analysts have also commented on the stock. Barclays reaffirmed an “overweight” rating on shares of Pembina Pipeline in a research note on Thursday, May 21st. BMO Capital Markets restated a “market perform” rating and set a $68.00 price target on shares of Pembina Pipeline in a report on Friday, July 3rd. Royal Bank Of Canada boosted their price target on shares of Pembina Pipeline from $64.00 to $68.00 and gave the company an “outperform” rating in a report on Monday, May 11th. TD Securities restated a “buy” rating on shares of Pembina Pipeline in a research report on Thursday, July 16th. Finally, Wall Street Zen raised shares of Pembina Pipeline from a “sell” rating to a “hold” rating in a research note on Saturday. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $64.00.

Pembina Pipeline Trading Down 0.0%

Shares of PBA opened at $51.37 on Monday. The business’s 50-day moving average price is $48.33 and its 200 day moving average price is $45.04. The company has a current ratio of 0.83, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $29.87 billion, a P/E ratio of 26.75 and a beta of 0.57. Pembina Pipeline has a 1-year low of $35.45 and a 1-year high of $51.58.

Pembina Pipeline Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.735 per share. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.71. This represents a $2.94 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Monday, June 15th. Pembina Pipeline’s dividend payout ratio is 110.94%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC purchased a new stake in Pembina Pipeline in the 1st quarter worth approximately $25,000. Tobam purchased a new position in shares of Pembina Pipeline during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Pembina Pipeline during the 3rd quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Pembina Pipeline in the fourth quarter worth $36,000. Finally, Larson Financial Group LLC increased its stake in shares of Pembina Pipeline by 32.4% in the third quarter. Larson Financial Group LLC now owns 1,059 shares of the pipeline company’s stock worth $43,000 after acquiring an additional 259 shares during the last quarter. Institutional investors and hedge funds own 55.37% of the company’s stock.

About Pembina Pipeline

Pembina Pipeline Corporation (NYSE: PBA) is a North American energy infrastructure company that develops, owns and operates midstream assets that transport, store and process hydrocarbons. Its core business focuses on the transportation of crude oil, natural gas liquids (NGLs) and condensate, along with gas processing, fractionation, storage and related marketing services. Pembina serves producers, refiners and other energy companies by providing pipeline capacity, terminal services and midstream solutions that link upstream production to downstream markets and export facilities.

The company’s asset base is concentrated in Western Canada, including major operations in Alberta and British Columbia, and it also has operations and commercial activities that extend into the United States.