Raymond James Financial Lifts Earnings Estimates for Keyera

Keyera Corp. (TSE:KEY) – Raymond James Financial upped their FY2026 earnings estimates for Keyera in a report released on Thursday, August 7th. Raymond James Financial analyst M. Barth now anticipates that the company will post earnings per share of $2.89 for the year, up from their prior estimate of $2.85. Raymond James Financial currently has a “Outperform” rating and a $59.00 price objective on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Raymond James Financial also issued estimates for Keyera’s FY2028 earnings at $3.71 EPS and FY2029 earnings at $3.91 EPS.

KEY has been the subject of a number of other research reports. CIBC raised their price target on shares of Keyera from C$47.00 to C$56.00 and gave the stock an “outperform” rating in a report on Monday, June 23rd. Tudor Pickering raised shares of Keyera from a “hold” rating to a “strong-buy” rating in a report on Friday, July 25th. Scotiabank raised their target price on shares of Keyera from C$51.00 to C$54.00 and gave the stock an “outperform” rating in a report on Monday, June 23rd. National Bankshares set a C$45.00 target price on shares of Keyera and gave the stock a “sector perform” rating in a report on Friday, June 20th. Finally, BMO Capital Markets raised shares of Keyera from a “hold” rating to a “strong-buy” rating and raised their target price for the stock from C$45.50 to C$54.00 in a report on Wednesday, June 18th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$51.27.

Keyera Trading Up 0.1%

TSE KEY opened at C$43.37 on Monday. The company has a fifty day simple moving average of C$43.14 and a two-hundred day simple moving average of C$42.63. The stock has a market cap of C$9.99 billion, a P/E ratio of 22.35, a P/E/G ratio of 1.35 and a beta of 2.09. Keyera has a 12-month low of C$37.80 and a 12-month high of C$47.90. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59.

Keyera Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a $0.52 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.08 dividend on an annualized basis and a yield of 4.8%. Keyera’s payout ratio is presently 107.20%.

About Keyera

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.