Baytex Energy FY2025 EPS Forecast Reduced by Atb Cap Markets

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Atb Cap Markets decreased their FY2025 EPS estimates for shares of Baytex Energy in a research note issued to investors on Wednesday, March 5th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.50 per share for the year, down from their previous estimate of $0.59. Atb Cap Markets has a “Hold” rating on the stock. 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 FY2027 earnings at ($0.09) EPS.

Several other equities research analysts have also recently commented on the company. CIBC lowered their price target on Baytex Energy from C$6.00 to C$5.00 in a research note on Friday, January 17th. TD Securities decreased their target price on shares of Baytex Energy from C$5.50 to C$5.00 in a research report on Wednesday, March 5th. ATB Capital decreased their target price on shares of Baytex Energy from C$5.50 to C$5.20 in a research report on Wednesday, December 4th. Royal Bank of Canada decreased their target price on shares of Baytex Energy from C$5.50 to C$5.00 in a research report on Tuesday, January 14th. Finally, BMO Capital Markets decreased their target price on shares of Baytex Energy from C$5.00 to C$4.00 in a research report on Wednesday, March 5th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of C$5.59.

Baytex Energy Stock Performance

Shares of TSE BTE opened at C$2.92 on Monday. The company has a debt-to-equity ratio of 57.38, a current ratio of 0.69 and a quick ratio of 0.77. Baytex Energy has a one year low of C$2.74 and a one year high of C$5.55. The business’s 50-day moving average price is C$3.55 and its two-hundred day moving average price is C$3.94. The company has a market capitalization of C$2.31 billion, a P/E ratio of -6.65, a price-to-earnings-growth ratio of 0.12 and a beta of 2.61.

Baytex Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, January 2nd were issued a dividend of $0.023 per share. This represents a $0.09 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend was Friday, December 13th. Baytex Energy’s dividend payout ratio is currently -20.48%.

Baytex Energy Company Profile

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.