Raymond James Estimates Topaz Energy FY2025 Earnings

Topaz Energy Corp. (TSE:TPZ - Free Report) - Raymond James issued their FY2025 earnings per share (EPS) estimates for shares of Topaz Energy in a research note issued on Monday, October 28th. Raymond James analyst L. Davis anticipates that the company will post earnings of $0.40 per share for the year. Raymond James has a "Moderate Buy" rating on the stock. The consensus estimate for Topaz Energy's current full-year earnings is $0.20 per share. Raymond James also issued estimates for Topaz Energy's FY2026 earnings at $0.41 EPS.

A number of other analysts have also recently commented on TPZ. ATB Capital cut Topaz Energy from an "overweight" rating to a "neutral" rating and upped their price target for the company from C$30.00 to C$31.00 in a research note on Wednesday, October 23rd. Canaccord Genuity Group upped their price target on Topaz Energy from C$29.50 to C$31.00 in a research note on Wednesday, October 23rd. TD Securities upped their price target on Topaz Energy from C$28.00 to C$30.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Desjardins increased their target price on Topaz Energy from C$30.00 to C$31.00 and gave the stock a "buy" rating in a research note on Wednesday, October 23rd. Finally, Scotiabank increased their target price on Topaz Energy from C$34.00 to C$35.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$30.79.

Topaz Energy Trading Down 0.9 %

Shares of TPZ stock traded down C$0.25 on Thursday, reaching C$26.71. The company had a trading volume of 225,684 shares, compared to its average volume of 267,868. The company has a current ratio of 2.12, a quick ratio of 7.17 and a debt-to-equity ratio of 37.52. The stock has a market cap of C$3.87 billion, a PE ratio of 72.19 and a beta of 0.50. The company has a 50-day moving average of C$26.26 and a 200-day moving average of C$24.59. Topaz Energy has a 12 month low of C$18.03 and a 12 month high of C$27.78.

Topaz Energy (TSE:TPZ - Get Free Report) last announced its quarterly earnings results on Monday, July 29th. The company reported C$0.12 EPS for the quarter, beating analysts' consensus estimates of C$0.07 by C$0.05. The company had revenue of C$78.41 million during the quarter, compared to analysts' expectations of C$80.00 million. Topaz Energy had a return on equity of 4.39% and a net margin of 16.70%.

Topaz Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a dividend of $0.33 per share. The ex-dividend date was Friday, September 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.94%. This is an increase from Topaz Energy's previous quarterly dividend of $0.32. Topaz Energy's dividend payout ratio is 356.76%.

About Topaz Energy

Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.