Keyera (TSE:KEY) Reaches New 12-Month High – Should You Buy?

Keyera Corp. (TSE:KEY)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as C$55.18 and last traded at C$55.11, with a volume of 2072173 shares trading hands. The stock had previously closed at C$53.02.

Trending Headlines about Keyera

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Keyera closed its acquisition of Plains’ Canadian NGL business, a large deal that could expand its asset base, market reach, and future cash flow. The closing came despite regulatory scrutiny, signaling execution on a major strategic transaction. Keyera Announces Closing of Acquisition of Plains’ Canadian NGL Business
• Positive Sentiment: The company also announced its quarterly dividend and second-quarter 2026 distribution, which may support investor interest by reinforcing its income profile. Keyera Announces Quarterly Dividend and Second Quarter of 2026 Distribution
• Neutral Sentiment: Analysts continue to rate Keyera as a “Moderate Buy,” suggesting the market still has a constructive view on the stock despite near-term volatility. Keyera Corp. (TSE:KEY) Receives Average Recommendation of “Moderate Buy” from Analysts
• Negative Sentiment: First-quarter results showed a C$122 million loss and lower revenue year over year, with earnings hit by a maintenance outage. That weaker operational performance is likely weighing on sentiment. Keyera Notches Quarterly Loss After Maintenance Outage

Analysts Set New Price Targets

A number of equities analysts have recently commented on KEY shares. National Bank Financial dropped their price target on shares of Keyera from C$48.00 to C$46.00 and set a “sector perform” rating on the stock in a research report on Tuesday, January 20th. Citigroup lifted their price target on shares of Keyera from C$51.00 to C$58.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. TD dropped their price target on shares of Keyera from C$62.00 to C$60.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Raymond James Financial lifted their price target on shares of Keyera from C$63.00 to C$66.00 in a research report on Monday, March 30th. Finally, Barclays lifted their price target on shares of Keyera from C$48.00 to C$53.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$54.08.

Keyera Price Performance

The stock’s 50-day moving average is C$52.21 and its 200-day moving average is C$47.56. The firm has a market cap of C$12.64 billion, a P/E ratio of 29.16, a price-to-earnings-growth ratio of 1.35 and a beta of 0.56. The company has a quick ratio of 0.57, a current ratio of 1.76 and a debt-to-equity ratio of 227.74.

Keyera (TSE:KEY) last announced its earnings results on Thursday, May 14th. The company reported C($0.53) earnings per share (EPS) for the quarter. Keyera had a return on equity of 15.39% and a net margin of 6.34%.The company had revenue of C$1.30 billion for the quarter. As a group, equities analysts anticipate that Keyera Corp. will post 2.2166667 EPS for the current fiscal year.

Keyera Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.16 dividend on an annualized basis and a yield of 3.9%. Keyera’s payout ratio is 112.17%.

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