Cardinal Energy Ltd. (TSE:CJ - Free Report) - Equities researchers at Atb Cap Markets decreased their Q1 2025 earnings estimates for Cardinal Energy in a research report issued to clients and investors on Monday, January 6th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.12 for the quarter, down from their previous estimate of $0.17. 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 $0.12 EPS, FY2025 earnings at $0.51 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.30 EPS.
A number of other brokerages have also commented on CJ. BMO Capital Markets lowered their price target on Cardinal Energy from C$7.50 to C$7.00 in a report on Friday, October 4th. Royal Bank of Canada lowered their target price on shares of Cardinal Energy from C$8.00 to C$7.00 in a research note on Tuesday, September 17th. Finally, CIBC reduced their price target on shares of Cardinal Energy from C$8.75 to C$8.00 in a research note on Friday, November 8th.
View Our Latest Analysis on CJ
Cardinal Energy Stock Performance
CJ stock traded down C$0.05 during mid-day trading on Wednesday, reaching C$6.77. The company had a trading volume of 697,475 shares, compared to its average volume of 772,258. The stock's 50-day simple moving average is C$6.44 and its two-hundred day simple moving average is C$6.60. The stock has a market capitalization of C$1.08 billion, a P/E ratio of 9.27, a P/E/G ratio of -0.26 and a beta of 2.81. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 9.04. Cardinal Energy has a one year low of C$5.98 and a one year high of C$7.38.
Insider Buying and Selling at Cardinal Energy
In other news, Director John Festival acquired 50,050 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of C$6.20 per share, with a total value of C$310,310.00. Also, Director M. Scott Ratushny bought 10,000 shares of the business's stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of C$6.12 per share, with a total value of C$61,160.00. Insiders have purchased a total of 137,650 shares of company stock worth $852,718 over the last three months. Corporate insiders own 23.38% of the company's stock.
Cardinal Energy Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 10.64%. The ex-dividend date of this dividend was Friday, November 29th. Cardinal Energy's payout ratio is 98.63%.
About Cardinal Energy
(
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Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
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