Cardinal Energy (CRLFF) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Energy in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CRLFF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRLFF, but not buy additional shares or sell existing shares.
View CRLFF analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12-month target prices for Cardinal Energy's shares. Their CRLFF share price forecasts range from $8.50 to $13.50. On average, they expect the company's stock price to reach $10.25 in the next twelve months. This suggests a possible upside of 94.5% from the stock's current price.
View analysts price targets for CRLFF or view top-rated stocks among Wall Street analysts.

Cardinal Energy's stock was trading at $5.65 at the beginning of 2023. Since then, CRLFF shares have decreased by 6.7% and is now trading at $5.27.
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Cardinal Energy saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,753,200 shares, an increase of 20.5% from the April 30th total of 3,943,300 shares. Based on an average trading volume of 41,800 shares, the short-interest ratio is currently 113.7 days.
View Cardinal Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our CRLFF earnings forecast.

Cardinal Energy announced a dividend on Friday, April 21st. Shareholders of record on Friday, April 28th will be given a dividend of $0.0445 per share on Monday, May 15th. This represents a dividend yield of 9.62%. The ex-dividend date of this dividend is Thursday, April 27th. This is an increase from the stock's previous dividend of $0.04.
Read our dividend analysis for CRLFF.

Cardinal Energy (OTCMKTS:CRLFF) pays an annual dividend of $0.16 per share and currently has a dividend yield of 6.99%. CRLFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CRLFF.

Cardinal Energy trades on the OTCMKTS under the ticker symbol "CRLFF."

Shares of CRLFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CRLFF stock can currently be purchased for approximately $5.27.

The company employs 180 workers across the globe.

Cardinal Energy's mailing address is 400-3rd Avenue SW, Calgary, AB T2P. The official website for the company is www.cardinalenergy.ca. The company can be reached via phone at (403) 234-8681.