Cardinal Energy Ltd. (TSE:CJ – Free Report) – Atb Cap Markets lowered their Q1 2025 earnings per share (EPS) estimates for shares of Cardinal Energy in a research report issued on Wednesday, January 15th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.10 for the quarter, down from their previous forecast of $0.12. 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 $0.11 EPS, Q3 2025 earnings at $0.11 EPS and FY2025 earnings at $0.44 EPS.
Several other research firms have also commented on CJ. BMO Capital Markets raised their price objective on Cardinal Energy from C$7.00 to C$7.50 in a research report on Tuesday. CIBC lowered their target price on Cardinal Energy from C$8.75 to C$8.00 in a research note on Friday, November 8th.
Cardinal Energy Stock Performance
Shares of CJ stock opened at C$6.57 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 9.04. The company has a market cap of C$1.05 billion, a PE ratio of 9.00, a P/E/G ratio of -0.26 and a beta of 2.81. The company’s fifty day simple moving average is C$6.50 and its 200-day simple moving average is C$6.60. Cardinal Energy has a 52 week low of C$5.98 and a 52 week high of C$7.38.
Insider Activity at Cardinal Energy
In related news, Director John Festival acquired 75,000 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of C$6.20 per share, for a total transaction of C$465,000.00. Also, Director M. Scott Ratushny bought 10,000 shares of the company’s stock in a transaction 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. Insiders bought a total of 137,650 shares of company stock valued at $852,718 over the last three months. 23.38% of the stock is owned by insiders.
Cardinal Energy Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th will be paid a $0.06 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.72 dividend on an annualized basis and a yield of 10.96%. Cardinal Energy’s dividend payout ratio (DPR) is 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.
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