Baytex Energy Q1 EPS Estimate Reduced by Atb Cap Markets

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Equities researchers at Atb Cap Markets reduced their Q1 2025 earnings per share estimates for shares of Baytex Energy in a research note issued 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.

A number of other equities research analysts also recently issued reports on BTE. Raymond James upgraded shares of Baytex Energy to a “hold” rating in a research report on Thursday, October 17th. ATB Capital cut their price objective on Baytex Energy from C$5.50 to C$5.20 in a report on Wednesday. Royal Bank of Canada lowered their target price on Baytex Energy from C$6.50 to C$5.50 in a research note on Tuesday, September 17th. TD Securities cut their price target on Baytex Energy from C$6.00 to C$5.50 in a research note on Tuesday, October 1st. Finally, National Bankshares lowered their price target on Baytex Energy from C$8.00 to C$7.50 in a research note on Friday, September 27th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Baytex Energy presently has a consensus rating of “Moderate Buy” and an average target price of C$5.97.

Baytex Energy Price Performance

TSE BTE opened at C$3.66 on Friday. The company has a 50 day simple moving average of C$4.11 and a 200-day simple moving average of C$4.50. Baytex Energy has a 52-week low of C$3.64 and a 52-week high of C$5.55. The firm has a market capitalization of C$2.95 billion, a price-to-earnings ratio of -5.30, a price-to-earnings-growth ratio of 0.12 and a beta of 2.61. The company has a debt-to-equity ratio of 62.33, a current ratio of 0.72 and a quick ratio of 0.77.

Baytex Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Thursday, January 2nd will be issued a dividend of $0.023 per share. 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 dividend payout ratio is -13.04%.

About Baytex Energy

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.