Q2 Earnings Estimate for AltaGas Issued By Atb Cap Markets

AltaGas Ltd. (TSE:ALA) – Research analysts at Atb Cap Markets lowered their Q2 2025 earnings per share estimates for AltaGas in a note issued to investors on Thursday, May 1st. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.20. The consensus estimate for AltaGas’ current full-year earnings is $2.30 per share. Atb Cap Markets also issued estimates for AltaGas’ Q4 2025 earnings at $0.83 EPS, Q1 2026 earnings at $1.20 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.87 EPS and FY2027 earnings at $2.66 EPS.

AltaGas (TSE:ALA) last issued its earnings results on Friday, March 7th. The company reported C$0.76 EPS for the quarter. AltaGas had a net margin of 4.04% and a return on equity of 6.36%.

A number of other research firms also recently weighed in on ALA. National Bankshares upped their target price on shares of AltaGas from C$41.00 to C$44.00 and gave the stock an “outperform” rating in a research report on Friday. BMO Capital Markets increased their price target on AltaGas from C$40.00 to C$43.00 in a report on Friday. JPMorgan Chase & Co. increased their price target on shares of AltaGas from C$39.00 to C$41.00 in a research report on Monday, April 21st. CIBC increased their price objective on shares of AltaGas from C$42.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Jefferies Financial Group lifted their price objective on shares of AltaGas from C$38.00 to C$40.00 in a research report on Wednesday, April 30th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$41.33.

AltaGas Trading Down 0.0 %

ALA opened at C$40.20 on Monday. The company has a debt-to-equity ratio of 135.26, a current ratio of 1.03 and a quick ratio of 0.44. AltaGas has a one year low of C$29.67 and a one year high of C$40.98. The firm has a market capitalization of C$11.97 billion, a price-to-earnings ratio of 23.30, a PEG ratio of -4.97 and a beta of 1.23. The business has a 50 day simple moving average of C$38.35 and a two-hundred day simple moving average of C$35.53.

Insider Buying and Selling

In other AltaGas news, Senior Officer Corine Renae Knight Bushfield sold 144,064 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of C$38.00, for a total value of C$5,474,432.00. Also, Senior Officer Randy Warren Toone sold 92,000 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of C$39.19, for a total value of C$3,605,480.00. In the last 90 days, insiders sold 398,414 shares of company stock valued at $15,302,227. 0.58% of the stock is owned by company insiders.

AltaGas Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a dividend of $0.315 per share. The ex-dividend date of this dividend was Monday, March 17th. This is an increase from AltaGas’s previous quarterly dividend of $0.30. This represents a $1.26 dividend on an annualized basis and a yield of 3.13%. AltaGas’s dividend payout ratio is 68.98%.

About AltaGas

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through four segments: Midstream, power, utilities and corporate. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in the natural gas liquid processing and extraction, transportation, and storage.