Baytex Energy Corp. (TSE:BTE - Free Report) NYSE: BTE - Equities researchers at Atb Cap Markets decreased their Q1 2025 earnings per share estimates for shares of Baytex Energy in a report released on Tuesday, December 3rd. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.14 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Baytex Energy's current full-year earnings is $0.37 per share. Atb Cap Markets also issued estimates for Baytex Energy's Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.59 EPS, FY2026 earnings at $0.21 EPS and FY2027 earnings at ($0.07) EPS.
Several other equities research analysts also recently weighed in on the stock. Canaccord Genuity Group reduced their price target on shares of Baytex Energy from C$6.50 to C$6.00 in a research report on Tuesday, October 22nd. BMO Capital Markets decreased their price target on Baytex Energy from C$6.00 to C$5.50 in a research note on Wednesday. TD Securities lowered their price target on Baytex Energy from C$6.00 to C$5.50 in a report on Tuesday, October 1st. National Bankshares reduced their price objective on Baytex Energy from C$8.00 to C$7.50 in a report on Friday, September 27th. Finally, Royal Bank of Canada lowered their target price on shares of Baytex Energy from C$6.50 to C$5.50 in a research note on Tuesday, September 17th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Baytex Energy presently has an average rating of "Moderate Buy" and an average target price of C$5.97.
View Our Latest Research Report on BTE
Baytex Energy Stock Down 3.2 %
TSE:BTE traded down C$0.12 on Friday, reaching C$3.66. 4,411,401 shares of the stock traded hands, compared to its average volume of 4,706,844. The company has a current ratio of 0.72, a quick ratio of 0.77 and a debt-to-equity ratio of 62.33. The company has a market capitalization of C$2.95 billion, a price-to-earnings ratio of -5.30, a PEG ratio of 0.12 and a beta of 2.61. Baytex Energy has a 12 month low of C$3.64 and a 12 month high of C$5.55. The company's fifty day simple moving average is C$4.11 and its 200 day simple moving average is C$4.50.
Baytex Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Thursday, January 2nd will be issued a $0.023 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, December 13th. Baytex Energy's payout ratio is -13.04%.
About Baytex Energy
(
Get Free Report)
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.
Further Reading
Before you consider Baytex Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Baytex Energy wasn't on the list.
While Baytex Energy currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.