Baytex Energy Corp. (TSE:BTE) Forecasted to Earn Q1 2025 Earnings of $0.14 Per Share

Baytex Energy Corp. (TSE:BTE - Free Report) NYSE: BTE - Investment analysts at Atb Cap Markets issued their Q1 2025 EPS estimates for shares of Baytex Energy in a research report issued to clients and investors on Monday, April 1st. Atb Cap Markets analyst A. Arif forecasts that the company will earn $0.14 per share for the quarter. The consensus estimate for Baytex Energy's current full-year earnings is $0.64 per share. Atb Cap Markets also issued estimates for Baytex Energy's Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.16 EPS and FY2028 earnings at $0.15 EPS.

Baytex Energy (TSE:BTE - Get Free Report) NYSE: BTE last posted its quarterly earnings results on Wednesday, February 28th. The company reported C$0.25 earnings per share for the quarter, topping analysts' consensus estimates of C$0.13 by C$0.12. Baytex Energy had a negative net margin of 8.60% and a negative return on equity of 6.81%. The business had revenue of C$1.07 billion for the quarter.

Other equities analysts have also recently issued reports about the stock. TD Securities lowered their price target on shares of Baytex Energy from C$6.50 to C$6.00 and set a "buy" rating on the stock in a research note on Thursday, February 29th. ATB Capital lowered their price objective on shares of Baytex Energy from C$6.50 to C$6.00 and set an "outperform" rating on the stock in a research note on Thursday, February 29th. Royal Bank of Canada lowered their price objective on shares of Baytex Energy from C$8.00 to C$7.00 and set an "outperform" rating on the stock in a research note on Thursday, February 29th. Stifel Nicolaus increased their price objective on shares of Baytex Energy from C$6.00 to C$6.25 and gave the company a "buy" rating in a research note on Thursday, February 29th. Finally, National Bankshares lowered their price objective on shares of Baytex Energy from C$8.25 to C$7.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Baytex Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of C$6.65.

Baytex Energy Price Performance

Shares of TSE:BTE traded up C$0.11 on Wednesday, reaching C$5.41. 7,552,872 shares of the company were exchanged, compared to its average volume of 4,212,535. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 63.80. Baytex Energy has a 1-year low of C$3.83 and a 1-year high of C$6.37. The firm has a market cap of C$4.45 billion, a price-to-earnings ratio of -16.39, a price-to-earnings-growth ratio of 0.12 and a beta of 2.80. The company has a 50-day moving average of C$4.48 and a 200-day moving average of C$4.89.

Insider Transactions at Baytex Energy

In other news, Director Tiffany Thom Cepak sold 40,000 shares of the stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$3.55, for a total transaction of C$142,000.00. In other Baytex Energy news, Senior Officer Eric Thomas Greager purchased 20,000 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The shares were purchased at an average price of C$4.25 per share, for a total transaction of C$85,000.00. Also, Director Tiffany Thom Cepak sold 40,000 shares of the firm's stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of C$3.55, for a total transaction of C$142,000.00. Insiders own 0.84% of the company's stock.

Baytex Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were issued a dividend of $0.023 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.09 annualized dividend and a dividend yield of 1.70%. Baytex Energy's payout ratio is currently -27.27%.

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.