Atb Cap Markets Predicts Baytex Energy FY2025 Earnings

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Equities researchers at Atb Cap Markets decreased their FY2025 earnings estimates for shares of Baytex Energy in a research report issued to clients and investors on Wednesday, March 5th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.50 per share for the year, down from their previous forecast 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 research firms have also recently commented on BTE. ATB Capital cut their target price on shares of Baytex Energy from C$5.50 to C$5.20 in a research note on Wednesday, December 4th. BMO Capital Markets dropped their price objective on shares of Baytex Energy from C$5.00 to C$4.00 in a research note on Wednesday, March 5th. CIBC dropped their price objective on shares of Baytex Energy from C$6.00 to C$5.00 in a research note on Friday, January 17th. TD Securities dropped their price objective on shares of Baytex Energy from C$5.50 to C$5.00 in a research note on Wednesday, March 5th. Finally, Royal Bank of Canada dropped their price objective on shares of Baytex Energy from C$5.50 to C$5.00 in a research note on Tuesday, January 14th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$5.59.

Baytex Energy Price Performance

TSE:BTE opened at C$2.92 on Monday. The stock has a market cap of C$2.31 billion, a P/E ratio of -6.65, a PEG ratio of 0.12 and a beta of 2.61. Baytex Energy has a one year low of C$2.74 and a one year high of C$5.55. The company has a fifty day moving average price of C$3.55 and a 200 day moving average price of C$3.94. 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 Dividend Announcement

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

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.