Q1 EPS Estimates for Cardinal Energy Cut by Atb Cap Markets

Cardinal Energy Ltd. (TSE:CJ) – Investment analysts at Atb Cap Markets reduced their Q1 2025 earnings per share (EPS) estimates for shares of Cardinal Energy in a report released on Monday, January 6th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.12 per share for the quarter, down from their previous forecast 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.

CJ has been the subject of a number of other reports. BMO Capital Markets dropped their target price on shares of Cardinal Energy from C$7.50 to C$7.00 in a report on Friday, October 4th. Royal Bank of Canada lowered their price target on shares of Cardinal Energy from C$8.00 to C$7.00 in a research report on Tuesday, September 17th. Finally, CIBC cut their price objective on Cardinal Energy from C$8.75 to C$8.00 in a research report on Friday, November 8th.

Cardinal Energy Stock Performance

TSE CJ opened at C$6.77 on Wednesday. The stock has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 9.27, a PEG ratio of -0.26 and a beta of 2.81. The business’s 50 day moving average is C$6.44 and its two-hundred day moving average is C$6.60. Cardinal Energy has a 12-month low of C$5.98 and a 12-month high of C$7.38. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 9.04.

Insider Transactions at Cardinal Energy

In other Cardinal Energy news, Director John Festival acquired 50,050 shares of the company’s stock in a transaction on Monday, November 11th. The shares were bought at an average cost of C$6.20 per share, for a total transaction of C$310,310.00. Also, Director M. Scott Ratushny purchased 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. Over the last three months, insiders have bought 137,650 shares of company stock valued at $852,718. Corporate insiders own 23.38% of the company’s stock.

Cardinal Energy Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 16th. Investors 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 dividend payout ratio (DPR) is presently 98.63%.

About Cardinal Energy

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.