Plains All American Pipeline, L.P. (NYSE:PAA) – Equities researchers at US Capital Advisors decreased their Q1 2019 earnings per share estimates for shares of Plains All American Pipeline in a research note issued to investors on Wednesday, February 6th. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will post earnings per share of $0.67 for the quarter, down from their prior estimate of $0.71. US Capital Advisors also issued estimates for Plains All American Pipeline’s Q2 2019 earnings at $0.34 EPS, Q3 2019 earnings at $0.29 EPS, Q4 2019 earnings at $0.53 EPS and FY2019 earnings at $1.83 EPS.

PAA has been the topic of several other reports. TheStreet raised Plains All American Pipeline from a “c+” rating to a “b-” rating in a research report on Wednesday, November 7th. Mizuho assumed coverage on Plains All American Pipeline in a research report on Wednesday, November 28th. They issued a “buy” rating and a $30.00 price target on the stock. Goldman Sachs Group raised Plains All American Pipeline from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 2nd. ValuEngine raised Plains All American Pipeline from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 2nd. Finally, Evercore ISI assumed coverage on Plains All American Pipeline in a research report on Tuesday. They issued a $24.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. Plains All American Pipeline has a consensus rating of “Buy” and a consensus price target of $28.25.

Shares of NYSE PAA opened at $22.92 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.71 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $16.91 billion, a price-to-earnings ratio of 12.19, a price-to-earnings-growth ratio of 1.63 and a beta of 1.11. Plains All American Pipeline has a 12 month low of $19.33 and a 12 month high of $27.70.

Plains All American Pipeline (NYSE:PAA) last issued its quarterly earnings results on Tuesday, February 5th. The pipeline company reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.11. The company had revenue of $8.79 billion for the quarter, compared to the consensus estimate of $9.92 billion. Plains All American Pipeline had a return on equity of 19.37% and a net margin of 6.50%. The company’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.26 EPS.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 14th. Stockholders of record on Thursday, January 31st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend is Wednesday, January 30th. Plains All American Pipeline’s payout ratio is presently 63.83%.

Large investors have recently made changes to their positions in the company. We Are One Seven LLC acquired a new stake in shares of Plains All American Pipeline during the 4th quarter worth approximately $26,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Plains All American Pipeline during the 4th quarter worth approximately $28,000. Arlington Partners LLC acquired a new stake in Plains All American Pipeline in the 4th quarter valued at $32,000. Portfolio Solutions LLC acquired a new stake in Plains All American Pipeline in the 4th quarter valued at $36,000. Finally, Lavaca Capital LLC acquired a new stake in Plains All American Pipeline in the 4th quarter valued at $44,000. 47.20% of the stock is currently owned by institutional investors.

Plains All American Pipeline Company Profile

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), and natural gas in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics.

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Earnings History and Estimates for Plains All American Pipeline (NYSE:PAA)

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