FY2025 EPS Estimates for Gibson Energy Inc. Boosted by Analyst (TSE:GEI)

Gibson Energy Inc. (TSE:GEI) – Analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for shares of Gibson Energy in a research note issued on Tuesday, April 30th. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $1.71 per share for the year, up from their prior forecast of $1.64. The consensus estimate for Gibson Energy’s current full-year earnings is $1.59 per share.

Gibson Energy (TSE:GEI) last issued its earnings results on Tuesday, February 20th. The company reported C$0.32 earnings per share for the quarter, missing the consensus estimate of C$0.40 by C($0.08). The business had revenue of C$2.81 billion for the quarter, compared to analyst estimates of C$3.33 billion. Gibson Energy had a return on equity of 28.84% and a net margin of 1.95%.

Several other brokerages have also recently issued reports on GEI. National Bankshares upped their target price on shares of Gibson Energy from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Tuesday, January 30th. Stifel Nicolaus decreased their price objective on shares of Gibson Energy from C$26.00 to C$25.00 and set a “buy” rating for the company in a research note on Wednesday. Jefferies Financial Group set a C$25.00 target price on Gibson Energy and gave the stock a “buy” rating in a research report on Tuesday, February 27th. Scotiabank upped their target price on Gibson Energy from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on Gibson Energy from C$25.00 to C$26.00 in a research report on Monday, April 15th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Gibson Energy has a consensus rating of “Moderate Buy” and an average target price of C$25.63.

Gibson Energy Stock Performance

Shares of Gibson Energy stock opened at C$22.15 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.12 and a debt-to-equity ratio of 303.96. Gibson Energy has a 52 week low of C$18.45 and a 52 week high of C$23.40. The firm’s 50 day moving average is C$22.75 and its two-hundred day moving average is C$21.46. The firm has a market capitalization of C$3.58 billion, a P/E ratio of 15.71, a P/E/G ratio of 1.85 and a beta of 1.29.

Insider Buying and Selling

In other Gibson Energy news, Director Steven R. Spaulding sold 55,823 shares of Gibson Energy stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of C$22.72, for a total value of C$1,268,298.56. In other news, Senior Officer Sean Brown sold 35,000 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of C$19.97, for a total value of C$698,950.00. Also, Director Steven R. Spaulding sold 55,823 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of C$22.72, for a total transaction of C$1,268,298.56. 0.81% of the stock is currently owned by corporate insiders.

Gibson Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 7.40%. Gibson Energy’s dividend payout ratio (DPR) is 116.31%.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.