Gear Energy (GXE) Stock Price, News & Analysis

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

2 Wall Street analysts have issued 12 month price objectives for Gear Energy's shares. Their GXE share price targets range from C$1.00 to C$1.00. On average, they predict the company's stock price to reach C$1.00 in the next twelve months. This suggests a possible upside of 51.5% from the stock's current price.
View analysts price targets for GXE or view top-rated stocks among Wall Street analysts.

Gear Energy's stock was trading at C$0.64 at the beginning of the year. Since then, GXE shares have increased by 3.1% and is now trading at C$0.66.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our GXE earnings forecast.

Gear Energy Ltd. (TSE:GXE) released its quarterly earnings results 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 had revenue of $37.52 million for the quarter. Gear Energy had a net margin of 6.61% and a trailing twelve-month return on equity of 3.52%.

Gear Energy announced a monthly dividend on Monday, April 1st. Stockholders of record on Monday, April 15th will be paid a dividend of 0.005 per share on Tuesday, April 30th. This represents a $0.06 annualized dividend and a yield of 9.09%. The ex-dividend date of this dividend is Friday, April 12th.
Read our dividend analysis for GXE.

Gear Energy (TSE:GXE) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 8.57%. 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.

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).

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