What is Scotiabank’s Forecast for Keyera FY2026 Earnings?

Keyera Corp. (TSE:KEY) – Equities research analysts at Scotiabank decreased their FY2026 earnings estimates for Keyera in a research note issued on Thursday, September 10th. Scotiabank analyst R. Hope now forecasts that the company will earn $1.69 per share for the year, down from their previous forecast of $1.89. Scotiabank currently has a “Sector Outperform” rating and a $66.00 target price on the stock. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share.

Keyera (TSE:KEY) last announced its earnings results on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. Keyera had a net margin of 5.02% and a return on equity of 10.81%. The business had revenue of C$2.40 billion during the quarter.

A number of other research analysts have also commented on the company. National Bank Financial upped their price objective on Keyera from C$61.00 to C$62.00 and gave the company an “outperform” rating in a report on Tuesday, June 23rd. Desjardins lifted their price objective on shares of Keyera from C$103.00 to C$112.00 and gave the stock a “buy” rating in a research note on Friday, September 4th. Stifel Nicolaus increased their target price on shares of Keyera from C$85.00 to C$90.00 and gave the stock a “hold” rating in a research report on Friday, September 4th. Barclays raised their target price on shares of Keyera from C$56.00 to C$61.00 in a report on Friday, August 7th. Finally, Citigroup increased their price objective on shares of Keyera from C$102.00 to C$106.00 and gave the stock a “buy” rating in a research note on Friday, September 4th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$73.00.

Keyera Stock Up 0.4%

Keyera stock opened at C$54.76 on Tuesday. The company’s 50-day moving average price is C$58.60 and its two-hundred day moving average price is C$55.82. The company has a quick ratio of 0.57, a current ratio of 1.22 and a debt-to-equity ratio of 160.65. The stock has a market cap of C$16.07 billion, a P/E ratio of 35.79, a P/E/G ratio of 1.35 and a beta of 0.46. Keyera has a twelve month low of C$40.09 and a twelve month high of C$61.41.

Insider Activity at Keyera

In related news, Director Taylor Timothy Kitchen acquired 500 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average cost of C$55.74 per share, with a total value of C$27,870.00. Following the completion of the purchase, the director directly owned 7,500 shares in the company, valued at C$418,050. The trade was a 7.14% increase in their ownership of the stock. 0.39% of the stock is currently owned by corporate insiders.

Keyera Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a dividend yield of 4.1%. This is a positive change from Keyera’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, September 15th. Keyera’s dividend payout ratio is 141.18%.

Keyera Company Profile

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. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.