Atb Cap Markets Weighs in on Cardinal Energy Q1 Earnings

Cardinal Energy Ltd. (TSE:CJ - Free Report) - Analysts at Atb Cap Markets raised their Q1 2025 EPS estimates for shares of Cardinal Energy in a research report issued to clients and investors on Friday, March 14th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.15. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for Cardinal Energy's current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Cardinal Energy's Q2 2025 earnings at $0.14 EPS, FY2025 earnings at $0.55 EPS, FY2026 earnings at $0.48 EPS and FY2027 earnings at $0.30 EPS.

Separately, BMO Capital Markets upped their price target on shares of Cardinal Energy from C$7.00 to C$7.50 in a report on Tuesday, January 14th.

Cardinal Energy Stock Performance

CJ stock traded up C$0.05 during midday trading on Monday, reaching C$6.59. 450,425 shares of the company's stock traded hands, compared to its average volume of 687,911. The firm has a market capitalization of C$1.05 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of -0.26 and a beta of 2.81. Cardinal Energy has a 52 week low of C$5.91 and a 52 week high of C$7.38. The company has a 50-day moving average price of C$6.43 and a two-hundred day moving average price of C$6.45. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.67 and a current ratio of 0.50.

Remove Ads

Insider Buying and Selling

In related news, Director M. Scott Ratushny bought 10,000 shares of the business's stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average cost of C$6.12 per share, for a total transaction of C$61,160.00. Also, Director John Festival bought 75,000 shares of the business's stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price of C$6.20 per share, with a total value of C$465,000.00. 23.38% of the stock is owned by company insiders.

Cardinal Energy Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a $0.06 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.72 annualized dividend and a yield of 10.93%. Cardinal Energy's dividend payout ratio (DPR) is presently 111.27%.

About Cardinal Energy

Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.