FY2025 EPS Estimates for CVE:HME Raised by Noble Financial

Key Points

• Noble Financial raised its FY2025 earnings estimate for Hemisphere Energy Co. to $0.30 per share, up from $0.28, although the current consensus estimate is $0.35 per share.
• Hemisphere Energy recently announced a special dividend of $0.03 per share, with a current dividend payout ratio of 33.36%.
• The company's stock opened at C$1.94, having a market capitalization of C$190.16 million and a PE ratio of 6.47.

Hemisphere Energy Co. (CVE:HME - Free Report) - Stock analysts at Noble Financial boosted their FY2025 earnings estimates for shares of Hemisphere Energy in a report released on Tuesday, August 19th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings of $0.30 per share for the year, up from their previous forecast of $0.28. The consensus estimate for Hemisphere Energy's current full-year earnings is $0.35 per share.

Hemisphere Energy Stock Up 1.0%

Hemisphere Energy stock opened at C$1.94 on Thursday. The firm has a market capitalization of C$190.16 million, a PE ratio of 6.47 and a beta of 1.95. The company's 50-day moving average is C$1.91 and its 200-day moving average is C$1.82. Hemisphere Energy has a fifty-two week low of C$1.63 and a fifty-two week high of C$2.03. The company has a debt-to-equity ratio of 5.65, a current ratio of 2.15 and a quick ratio of 0.74.

Hemisphere Energy Announces Dividend

The company also recently disclosed a special dividend, which was paid on Friday, August 15th. Stockholders of record on Saturday, January 1st were paid a dividend of $0.03 per share. Hemisphere Energy's dividend payout ratio is presently 33.36%.

Hemisphere Energy Company Profile

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.

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