Headwater Exploration (HWX) Stock Forecast, Price & News

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

3 analysts have issued 12 month target prices for Headwater Exploration's shares. Their HWX share price forecasts range from C$9.00 to C$11.00. On average, they predict the company's stock price to reach C$9.46 in the next year. This suggests a possible upside of 46.0% from the stock's current price.
View analysts price targets for HWX or view top-rated stocks among Wall Street analysts.

Headwater Exploration's stock was trading at C$5.92 at the start of the year. Since then, HWX shares have increased by 9.5% and is now trading at C$6.48.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our HWX earnings forecast.

Headwater Exploration Inc. (TSE:HWX) issued its earnings results on Thursday, March, 9th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company earned $109.38 million during the quarter. Headwater Exploration had a trailing twelve-month return on equity of 30.18% and a net margin of 41.63%.

Headwater Exploration declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, June 30th will be given a dividend of 0.10 per share on Monday, July 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for HWX.

Headwater Exploration (TSE:HWX) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 6.26%. HWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HWX.

Based on aggregate information from My MarketBeat watchlists, some companies that other Headwater Exploration investors own include Seven Generations Energy (VII), Evofem Biosciences (EVFM), Cenovus Energy (CVE) and Corridor Resources (CDH).

Headwater Exploration trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HWX."

Shares of HWX 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.
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One share of HWX stock can currently be purchased for approximately C$6.48.

Headwater Exploration (TSE:HWX) has a market capitalization of C$1.53 billion and generates C$359.67 million in revenue each year. The company earns C$149.72 million in net income (profit) each year or C$0.72 on an earnings per share basis.

The official website for the company is www.headwaterexp.com. The company can be reached via phone at 587 391 3682.