Should I buy or sell Hemisphere Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hemisphere Energy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HME shares. View HME analyst ratings or view top-rated stocks .

What is Hemisphere Energy's stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for Hemisphere Energy's shares. Their HME share price targets range from C$1.80 to C$1.80. On average, they predict the company's stock price to reach C$1.80 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price. View analysts price targets for HME or view top-rated stocks among Wall Street analysts .

How have HME shares performed in 2024?

Hemisphere Energy's stock was trading at C$1.29 at the beginning of 2024. Since then, HME stock has increased by 31.8% and is now trading at C$1.70. View the best growth stocks for 2024 here .

When is Hemisphere Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our HME earnings forecast .

Is Hemisphere Energy a good dividend stock?

Hemisphere Energy (CVE:HME) pays an annual dividend of C$0.10 per share and currently has a dividend yield of 5.99%. HME has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%.

What other stocks do shareholders of Hemisphere Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hemisphere Energy investors own include Anavex Life Sciences (AVXL) , Arrowhead Pharmaceuticals (ARWR) , Biopharmx (BPMX) , Galmed Pharmaceuticals (GLMD) , Melinta Therapeutics (MLNT) , Progenics Pharmaceuticals (PGNX) , Palatin Technologies (PTN) , Quotient (QTNT) , Rexahn Pharmaceuticals (REXN) and ADMA Biologics (ADMA) .

How do I buy shares of Hemisphere Energy?

Shares of HME 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 .

CVE:HME

Hemisphere Energy (HME) Stock Price, News & Analysis

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Free HME Stock Alerts

C$1.70

-0.03 (-1.73%)

(As of 11:49 AM ET)

Compare

Today's Range: C$1.69
▼
C$1.74
50-Day Range: C$1.33
▼
C$1.73
52-Week Range: C$1.18
▼
C$1.74

Volume: 38,964 shs
Average Volume: 116,383 shs
Market Capitalization: C$168.88 million

P/E Ratio: 7.39
Dividend Yield: 5.88%
Price Target: C$1.80

Stock Analysis Analyst Forecasts Chart Earnings Headlines Insider Trades

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Hemisphere Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 5.9% Upside
C$1.80 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$37,500 Bought Last Quarter
Proj. Earnings Growth: N/A

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.

1.08 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Hemisphere Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Hemisphere Energy has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HME.

2.5

Dividend Strength

Dividend Leadership
Hemisphere Energy is a leading dividend payer. It pays a dividend yield of 5.99%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Hemisphere Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Hemisphere Energy is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HME.

2.5

News and Social Media Coverage

News Sentiment
Hemisphere Energy has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Hemisphere Energy this week, compared to 3 articles on an average week.
MarketBeat Follows
1 people have added Hemisphere Energy to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hemisphere Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$37,500.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 7.15% of the stock of Hemisphere Energy is held by insiders.
Percentage Held by Institutions
Only 1.29% of the stock of Hemisphere Energy is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hemisphere Energy is 7.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hemisphere Energy is 7.39, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.96.
Price to Book Value per Share Ratio
Hemisphere Energy has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Hemisphere Energy Stock (CVE:HME)

Hemisphere Energy Corporation acquires, explores for, 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; and Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.

HME Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HME Stock News Headlines

April 11, 2024 | msn.com

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A Look At The Intrinsic Value Of Hemisphere Energy Corporation (CVE:HME)

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April 11, 2024 | americanbankingnews.com

Hemisphere Energy (CVE:HME) Stock Price Crosses Above Fifty Day Moving Average of $1.53

April 10, 2024 | msn.com

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Under The Bonnet, Hemisphere Energy's (CVE:HME) Returns Look Impressive

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March 16, 2024 | msn.com

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Company Calendar

Today: 4/16/2024
Next Earnings (Estimated): 5/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: CVE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: CVE:HME
CUSIP: N/A
CIK: N/A
Web: www.hemisphereenergy.ca
Phone: +1-604-6859255
Fax: N/A
Employees: 8
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$1.80
High Stock Price Target: C$1.80
Low Stock Price Target: C$1.80
Potential Upside/Downside: +5.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.23
Trailing P/E Ratio: 7.39
Forward P/E Ratio: 6.29
P/E Growth: N/A
Net Income: C$23.47 million
Net Margins: 36.21%
Pretax Margin: N/A
Return on Equity: 41.12%
Return on Assets: 22.94%

Debt

Debt-to-Equity Ratio: 5.60
Current Ratio: 1.07
Quick Ratio: 0.74

Sales & Book Value

Annual Sales: C$64.81 million
Price / Sales: 2.61
Cash Flow: C$0.00 per share
Price / Cash Flow: 655.00
Book Value: C$0.63 per share
Price / Book: 2.70

Miscellaneous

Outstanding Shares: 99,340,000
Free Float: N/A
Market Cap: C$168.88 million
Optionable: Not Optionable
Beta: 2.09

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Key Executives

Mr. Don J. Simmons A.C.A. (Age 46)
B.Sc., P.Geo., P.Geol, President, CEO & Director
Comp: $675k
Mr. Dorlyn Robert Evancic CPA (Age 60)
CGA, CPA, Chief Financial Officer
Comp: $555k
Mr. Ian Duncan B.Sc. (Age 41)
P.Eng., Chief Operating Officer
Comp: $555k
Mr. Andrew Arthur P.Geo. (Age 62)
P.Geol., Vice President of Exploration
Comp: $555k
Ms. Ashley Ramsden-Wood P.Eng. (Age 44)
Chief Development Officer
Comp: $555k
Mr. David B. Savage B.A.(Econ)
P.Land, Consultant of Business Development

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

HME Stock Analysis - Frequently Asked Questions

Should I buy or sell Hemisphere Energy stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hemisphere Energy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HME shares.
View HME analyst ratings or view top-rated stocks.
What is Hemisphere Energy's stock price target for 2024?: 1 Wall Street analysts have issued 1 year target prices for Hemisphere Energy's shares. Their HME share price targets range from C$1.80 to C$1.80. On average, they predict the company's stock price to reach C$1.80 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for HME or view top-rated stocks among Wall Street analysts.
How have HME shares performed in 2024?: Hemisphere Energy's stock was trading at C$1.29 at the beginning of 2024. Since then, HME stock has increased by 31.8% and is now trading at C$1.70.
View the best growth stocks for 2024 here.
When is Hemisphere Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our HME earnings forecast.

Is Hemisphere Energy a good dividend stock?: Hemisphere Energy (CVE:HME) pays an annual dividend of C$0.10 per share and currently has a dividend yield of 5.99%. HME has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%.
What other stocks do shareholders of Hemisphere Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hemisphere Energy investors own include Anavex Life Sciences (AVXL), Arrowhead Pharmaceuticals (ARWR), Biopharmx (BPMX), Galmed Pharmaceuticals (GLMD), Melinta Therapeutics (MLNT), Progenics Pharmaceuticals (PGNX), Palatin Technologies (PTN), Quotient (QTNT), Rexahn Pharmaceuticals (REXN) and ADMA Biologics (ADMA).
How do I buy shares of Hemisphere Energy?: Shares of HME 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 (CVE:HME) was last updated on 4/16/2024 by MarketBeat.com Staff

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Hemisphere Energy (HME) Stock Price, News & Analysis

Hemisphere Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Hemisphere Energy Stock (CVE:HME)

HME Stock Price History

HME Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

HME Stock Analysis - Frequently Asked Questions

Overall MarketRank^™