Scotiabank Weighs in on Keyera’s FY2026 Earnings (TSE:KEY)

Keyera Corp. (TSE:KEY) – Equities researchers at Scotiabank decreased their FY2026 earnings estimates for Keyera in a report released on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the company will earn $2.19 per share for the year, down from their prior forecast of $2.30. The consensus estimate for Keyera’s current full-year earnings is $2.22 per share. Scotiabank also issued estimates for Keyera’s FY2027 earnings at $3.01 EPS.

Keyera (TSE:KEY) last posted its quarterly earnings results on Thursday, February 12th. The company reported C$0.39 earnings per share for the quarter. Keyera had a net margin of 5.97% and a return on equity of 16.05%. The firm had revenue of C$1.70 billion for the quarter.

A number of other research analysts have also recently commented on the company. BMO Capital Markets decreased their price objective on Keyera from C$54.00 to C$51.00 and set an “outperform” rating on the stock in a report on Friday, January 9th. National Bank Financial decreased their price target on Keyera from C$48.00 to C$46.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 20th. Barclays raised their price objective on Keyera from C$43.00 to C$48.00 in a research report on Friday, February 13th. Finally, TD Securities upped their target price on shares of Keyera from C$52.00 to C$56.00 and gave the company a “buy” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Keyera has an average rating of “Moderate Buy” and an average target price of C$51.82.

Keyera Trading Down 0.5%

KEY opened at C$51.57 on Friday. The firm has a market capitalization of C$11.82 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 1.35 and a beta of 0.58. The company’s 50 day simple moving average is C$45.38 and its two-hundred day simple moving average is C$44.55. Keyera has a 1-year low of C$37.80 and a 1-year high of C$52.66. The company has a debt-to-equity ratio of 137.59, a current ratio of 1.31 and a quick ratio of 0.57.

Keyera Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, December 15th. Keyera’s dividend payout ratio is currently 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.