Parkland Co. (TSE:PKI – Free Report) – Research analysts at National Bank Financial decreased their FY2026 earnings per share (EPS) estimates for shares of Parkland in a research report issued on Tuesday, November 26th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $4.23 per share for the year, down from their prior forecast of $4.36. The consensus estimate for Parkland’s current full-year earnings is $3.60 per share.
PKI has been the subject of a number of other reports. Desjardins dropped their price objective on Parkland from C$46.00 to C$44.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Royal Bank of Canada dropped their price objective on Parkland from C$49.00 to C$48.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. CIBC increased their price target on Parkland from C$48.00 to C$49.00 in a report on Wednesday. Raymond James lowered their price target on Parkland from C$55.00 to C$47.00 in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. lowered their price target on Parkland from C$54.00 to C$53.00 in a report on Tuesday, September 17th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Parkland has a consensus rating of “Buy” and an average price target of C$48.08.
Parkland Trading Up 5.1 %
PKI stock opened at C$36.07 on Thursday. The company has a market cap of C$6.28 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 11.79 and a beta of 1.33. The company has a quick ratio of 0.73, a current ratio of 1.33 and a debt-to-equity ratio of 206.76. The business has a fifty day simple moving average of C$34.49 and a 200-day simple moving average of C$36.63. Parkland has a 52 week low of C$31.68 and a 52 week high of C$47.99.
Parkland Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 20th were paid a dividend of $0.35 per share. The ex-dividend date was Thursday, September 19th. This represents a $1.40 annualized dividend and a dividend yield of 3.88%. Parkland’s dividend payout ratio is presently 65.73%.
Insider Activity
In other Parkland news, Director Michael Christian Jennings bought 4,000 shares of the stock in a transaction dated Monday, November 4th. The stock was bought at an average cost of C$32.02 per share, for a total transaction of C$128,060.00. Insiders own 20.51% of the company’s stock.
Parkland Company Profile
Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.
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