TSE:GXE Gear Energy (GXE) Stock Price, News & Analysis → The Department of Defense Has a New Drone Contractor (From The Tomorrow Investor) (Ad) Free gxe Stock Alerts C$0.76 +0.01 (+1.34%) (As of 05/7/2024 ET) Add Compare Share Share Today's RangeC$0.74▼C$0.7650-Day RangeC$0.63▼C$0.7652-Week RangeC$0.60▼C$1.04Volume184,529 shsAverage Volume397,567 shsMarket CapitalizationC$198.85 millionP/E Ratio25.17Dividend Yield7.95%Price TargetC$1.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Gear Energy alerts: Email Address Gear Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside32.5% UpsideC$1.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.58Based on 12 Articles This WeekInsider TradingAcquiring SharesC$533,215 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.41 out of 5 stars 3.3 Analyst's Opinion Consensus RatingGear Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageGear Energy has received no research coverage in the past 90 days.Read more about Gear Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GXE. Previous Next 1.7 Dividend Strength Dividend LeadershipGear Energy is a leading dividend payer. It pays a dividend yield of 8.45%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGear Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Gear Energy is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Gear Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GXE. Previous Next 3.1 News and Social Media Coverage News SentimentGear Energy has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Gear Energy this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Gear Energy to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gear Energy insiders have bought 674.84% more of their company's stock than they have sold. Specifically, they have bought C$533,215.00 in company stock and sold C$68,816.00 in company stock.Percentage Held by InsidersOnly 7.07% of the stock of Gear Energy is held by insiders.Percentage Held by InstitutionsOnly 2.43% of the stock of Gear Energy is held by institutions.Read more about Gear Energy's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Gear Energy is 25.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Gear Energy is 25.17, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 118.66.Price to Book Value per Share RatioGear Energy has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Gear Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. About Gear Energy Stock (TSE:GXE)Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada.Read More GXE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GXE Stock News HeadlinesMay 7, 2024 | insidertrades.comGear Energy Ltd. (TSE:GXE) Director Purchases C$515,015.00 in StockApril 13, 2024 | insidertrades.comInsider Buying: Gear Energy Ltd. (TSE:GXE) Director Buys 26,000 Shares of StockMay 7, 2024 | The Tomorrow Investor (Ad)The Department of Defense Has a New Drone ContractorThe Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.May 7, 2024 | finance.yahoo.comGear Energy First Quarter 2024 Earnings: EPS: CA$0.01 (vs CA$0.008 in 1Q 2023)May 7, 2024 | americanbankingnews.comGear Energy Ltd. (TSE:GXE) Director Don Gray Acquires 705,500 Shares of StockMay 6, 2024 | americanbankingnews.comGear Energy Ltd. (TSE:GXE) Forecasted to Post FY2024 Earnings of $0.09 Per ShareMay 1, 2024 | markets.businessinsider.comHere's what Wall Street expects from Gear Energy's earnings reportApril 27, 2024 | americanbankingnews.comAtb Cap Markets Brokers Reduce Earnings Estimates for Gear Energy Ltd. (TSE:GXE)May 7, 2024 | The Tomorrow Investor (Ad)The Department of Defense Has a New Drone ContractorThe Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.April 7, 2024 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Gear Energy Ltd. (TSE:GXE) For Its Next DividendMarch 30, 2024 | msn.comGuilty Gear Strive: Every Fighter's Skill Set And DifficultyMarch 22, 2024 | seekingalpha.comGXE:CA Gear Energy Ltd.March 9, 2024 | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Gear Energy Ltd. (TSE:GXE) For Its Upcoming DividendMarch 8, 2024 | finance.yahoo.comGear Energy (TSE:GXE) Is Due To Pay A Dividend Of CA$0.005February 21, 2024 | wsj.comGear Energy Ltd.February 21, 2024 | finance.yahoo.comGear Energy Ltd. Announces Fourth Quarter 2023 Operating Results and Year-End Reserves Summary and the Filing of a Normal Course Issuer BidFebruary 9, 2024 | finance.yahoo.comGear Energy Ltd. (TSE:GXE) Stock Goes Ex-Dividend In Just Four DaysJanuary 11, 2024 | theglobeandmail.comGear Energy: Top 10 Undervalued Energy Sector Stocks on TSX (GXE)January 5, 2024 | finance.yahoo.comAn Intrinsic Calculation For Gear Energy Ltd. (TSE:GXE) Suggests It's 28% UndervaluedDecember 1, 2023 | theglobeandmail.comGear Energy Ltd. Confirms Monthly Dividend for December of $0.005 per ShareNovember 29, 2023 | finance.yahoo.comInvestors Will Want Gear Energy's (TSE:GXE) Growth In ROCE To PersistNovember 11, 2023 | morningstar.comGear Energy Ltd GXENovember 9, 2023 | finance.yahoo.comGear Energy Ltd. Announces Third Quarter 2023 Operating Results and 2024 Budget GuidanceNovember 1, 2023 | theglobeandmail.comGear Energy Ltd. Confirms Monthly Dividend for November of $0.005 per ShareOctober 31, 2023 | theglobeandmail.comClosing Bell: Gear Energy Ltd flat on Tuesday (GXE)October 17, 2023 | theglobeandmail.comClosing Bell: Gear Energy Ltd flat on Monday (GXE)October 8, 2023 | finance.yahoo.comOnly Four Days Left To Cash In On Gear Energy's (TSE:GXE) DividendSee More Headlines Receive GXE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gear Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 4/30 Dividend4/12/2024Dividend Payable4/30/2024Today5/07/2024Ex-Dividend for 5/31 Dividend5/14/2024Dividend Payable5/31/2024Next Earnings (Estimated)7/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:GXE CUSIPN/A CIKN/A Webwww.gearenergy.com Phone+1-403-5388437FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Stock Price TargetC$1.00 High Stock Price TargetC$1.00 Low Stock Price TargetC$1.00 Potential Upside/Downside+32.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.03 Trailing P/E Ratio25.17 Forward P/E Ratio6.30 P/E GrowthN/ANet IncomeC$9.18 million Net Margins7.00% Pretax MarginN/A Return on Equity3.81% Return on Assets4.13% Debt Debt-to-Equity Ratio9.40 Current Ratio1.10 Quick Ratio0.56 Sales & Book Value Annual SalesC$131.16 million Price / Sales1.52 Cash FlowC$0.00 per share Price / Cash Flow540.00 Book ValueC$0.91 per share Price / Book0.83Miscellaneous Outstanding Shares263,380,000Free FloatN/AMarket CapC$198.85 million OptionableNot Optionable Beta3.73 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Han-Bom HwangCFO & VP of FinanceMr. Jason KaluskiVice President of OperationsMr. Dustin ResslerVice President of ExplorationMr. Bryan P. DozziVice President of EngineeringMr. Kevin JohnsonPresident, CEO & DirectorMr. Edward Brown LLBCorporate SecretaryMore ExecutivesKey CompetitorsReconnaissance Energy AfricaCVE:RECOShaMaran PetroleumCVE:SNMAlvopetro EnergyCVE:ALVHemisphere EnergyCVE:HMEPetrus ResourcesTSE:PRQView All CompetitorsInsidersDon GrayBought 705,500 shares on 5/3/2024Total: C$515,015.00 ($0.73/share)Kevin David JohnsonBought 26,000 shares on 4/12/2024Total: C$18,200.00 ($0.70/share)Bryan DozziSold 34,300 sharesTotal: C$24,353.00 ($0.71/share)Jason John Kenneth KaluskiSold 29,300 sharesTotal: C$18,459.00 ($0.63/share)William Henry EnglishSold 7,400 sharesTotal: C$4,884.00 ($0.66/share)View All Insider Transactions GXE Stock Analysis - Frequently Asked Questions Should I buy or sell Gear Energy stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gear Energy in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GXE shares. View GXE analyst ratings or view top-rated stocks. What is Gear Energy's stock price target for 2024? 2 brokerages have issued 12 month target prices for Gear Energy's stock. Their GXE share price targets range from C$1.00 to C$1.00. On average, they predict the company's share price to reach C$1.00 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View analysts price targets for GXE or view top-rated stocks among Wall Street analysts. How have GXE shares performed in 2024? Gear Energy's stock was trading at C$0.64 at the start of the year. Since then, GXE stock has increased by 18.0% and is now trading at C$0.76. View the best growth stocks for 2024 here. When is Gear Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our GXE earnings forecast. How were Gear Energy's earnings last quarter? Gear Energy Ltd. (TSE:GXE) posted its quarterly earnings data on Wednesday, February, 21st. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.05. The firm earned $37.52 million during the quarter. Gear Energy had a net margin of 7.00% and a trailing twelve-month return on equity of 3.81%. How often does Gear Energy pay dividends? What is the dividend yield for Gear Energy? Gear Energy declared a monthly dividend on Wednesday, May 1st. Investors of record on Wednesday, May 15th will be paid a dividend of 0.005 per share on Friday, May 31st. This represents a $0.06 annualized dividend and a yield of 7.95%. The ex-dividend date of this dividend is Tuesday, May 14th. Read our dividend analysis for GXE. Is Gear Energy a good dividend stock? Gear Energy (TSE:GXE) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 8.45%. GXE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GXE. What other stocks do shareholders of Gear Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gear Energy investors own include CRH Medical (CRH), Whitecap Resources (WCP), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Bonavista Energy Co. (BNP.TO) (BNP), Bellatrix Exploration (BXE), California Resources (CRC), GAMCO Global Gold, Natural Resources & Income Trust (GGN), Surge Energy (SGY) and Athabasca Oil (ATH). How do I buy shares of Gear Energy? Shares of GXE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:GXE) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorBiden replacement revealed?Paradigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithConflict In Israel Sends Gold Soaring ???? 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