Peyto Exploration & Development Corp. (TSE:PEY - Free Report) - Stock analysts at Atb Cap Markets lifted their Q1 2025 earnings estimates for Peyto Exploration & Development in a report issued on Wednesday, November 13th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.61 per share for the quarter, up from their prior forecast of $0.60. Atb Cap Markets also issued estimates for Peyto Exploration & Development's Q2 2025 earnings at $0.56 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.48 EPS and FY2026 earnings at $2.43 EPS.
A number of other analysts also recently issued reports on PEY. Atlantic Securities lifted their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an "outperform" rating in a research note on Monday, October 7th. National Bankshares increased their price objective on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. Finally, TD Securities decreased their target price on Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$17.60.
Read Our Latest Research Report on Peyto Exploration & Development
Peyto Exploration & Development Price Performance
Shares of PEY traded up C$0.11 during midday trading on Friday, hitting C$15.62. 814,280 shares of the company traded hands, compared to its average volume of 915,269. Peyto Exploration & Development has a 52 week low of C$11.09 and a 52 week high of C$16.32. The company has a debt-to-equity ratio of 50.02, a quick ratio of 0.32 and a current ratio of 1.15. The firm has a 50 day moving average of C$15.15 and a 200-day moving average of C$14.95. The stock has a market cap of C$3.05 billion, a price-to-earnings ratio of 10.08, a PEG ratio of -0.46 and a beta of 1.75.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.27 by C($0.01). The company had revenue of C$256.55 million for the quarter, compared to analysts' expectations of C$257.10 million. Peyto Exploration & Development had a net margin of 32.88% and a return on equity of 11.86%.
Insider Activity
In other news, Senior Officer Todd Burdick sold 57,810 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$14.41, for a total transaction of C$832,845.55. Also, Senior Officer Derick Nathan Czember sold 35,000 shares of Peyto Exploration & Development stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of C$14.75, for a total value of C$516,250.00. In the last ninety days, insiders have bought 35,675 shares of company stock worth $522,419 and have sold 188,740 shares worth $2,744,924. Company insiders own 2.36% of the company's stock.
Peyto Exploration & Development Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.45%. The ex-dividend date is Thursday, October 31st. Peyto Exploration & Development's dividend payout ratio (DPR) is currently 85.16%.
Peyto Exploration & Development Company Profile
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Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.
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