Keyera Corp (TSE:KEY) declared a monthly dividend on Friday, July 19th, TickerTech reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.15 per share on Thursday, August 15th. This represents a $1.80 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend is Friday, July 19th.
KEY opened at C$35.65 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 99.09. The stock has a market capitalization of $7.50 billion and a PE ratio of 21.94. Keyera has a twelve month low of C$24.05 and a twelve month high of C$38.91. The company has a 50-day moving average of C$33.33.
Keyera (TSE:KEY) last released its earnings results on Tuesday, May 14th. The company reported C$0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.35 by C($0.19). The business had revenue of C$836.75 million for the quarter, compared to analysts’ expectations of C$1.21 billion. On average, sell-side analysts expect that Keyera will post 1.7500001 EPS for the current year.
A number of research firms have weighed in on KEY. Raymond James reiterated a “buy” rating and issued a $0.65 target price on shares of DB Commodity Double Short ETN in a research note on Wednesday, May 15th. National Bank Financial upgraded shares of WSP Global from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$75.00 to C$79.00 in a research note on Wednesday, May 15th. GMP Securities dropped their price target on shares of Keyera from C$34.50 to C$33.50 in a research note on Wednesday, June 12th. CIBC restated a “hold” rating and set a $3.00 price target on shares of Information Services Group in a research note on Thursday, May 16th. Finally, Royal Bank of Canada upped their price target on shares of Victory Capital to $19.00 and gave the company an “outperform” rating in a research note on Thursday, May 16th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of C$40.19.
Keyera Corp. engages in the transportation, storage, and marketing of natural gas liquids (NGLs) and iso-octane in Canada and the United States. The company's Gathering and Processing business units operates a network of approximately 4,000 kilometers of pipelines and 17 natural gas processing plants located in the natural gas production areas primarily on the western side of the Western Canada Sedimentary Basin.
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