TSE:GXE

Gear Energy (GXE) Stock Price, News & Analysis

C$0.71
0.00 (0.00%)
(As of 05/2/2024 ET)
Today's Range
C$0.71
C$0.76
50-Day Range
C$0.63
C$0.74
52-Week Range
C$0.60
C$1.04
Volume
1.29 million shs
Average Volume
391,761 shs
Market Capitalization
C$187.00 million
P/E Ratio
23.67
Dividend Yield
8.45%
Price Target
C$1.00

Gear Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
40.8% Upside
C$1.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.03mentions of Gear Energy in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
C$68,816 Sold 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.

3.29 out of 5 stars

GXE stock logo

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.

GXE Stock Price History

GXE Stock News Headlines

New Trump Bombshell
I believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think…
GXE:CA Gear Energy Ltd.
New Trump Bombshell
I believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think…
Gear Energy Ltd.
Gear Energy Ltd GXE
Closing Bell: Gear Energy Ltd flat on Tuesday (GXE)
Closing Bell: Gear Energy Ltd flat on Monday (GXE)
Gear Energy's (TSE:GXE) Dividend Will Be CA$0.005
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Dividend Payable
4/30/2024
Today
5/02/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/24/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1.00
High Stock Price Target
C$1.00
Low Stock Price Target
C$1.00
Potential Upside/Downside
+35.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$9.18 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$131.16 million
Cash Flow
C$0.00 per share
Book Value
C$0.91 per share

Miscellaneous

Free Float
N/A
Market Cap
C$194.90 million
Optionable
Not Optionable
Beta
3.73
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GXE Stock Analysis - Frequently Asked Questions

Should I buy or sell Gear Energy stock right now?

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.

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

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 40.8% 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 beginning of the year. Since then, GXE stock has increased by 10.9% and is now trading at C$0.71.
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) announced its earnings results on Wednesday, February, 21st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.05. The company had revenue of $37.52 million for the quarter. Gear Energy had a trailing twelve-month return on equity of 3.81% and a net margin of 7.00%.

How often does Gear Energy pay dividends? What is the dividend yield for Gear Energy?

Gear Energy announced a monthly dividend on Wednesday, May 1st. Shareholders 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 dividend yield of 8.45%. 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?
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 5/2/2024 by MarketBeat.com Staff

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