Headwater Exploration (HWX) Stock Forecast, Price & News

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

3 brokerages have issued 12 month price targets for Headwater Exploration's stock. Their HWX share price forecasts range from C$8.50 to C$10.00. On average, they predict the company's share price to reach C$9.21 in the next year. This suggests a possible upside of 27.2% 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 on January 1st, 2023. Since then, HWX shares have increased by 22.3% and is now trading at C$7.24.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our HWX earnings forecast.

Headwater Exploration Inc. (TSE:HWX) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.01. The business earned $118.97 million during the quarter. Headwater Exploration had a trailing twelve-month return on equity of 25.15% and a net margin of 37.34%.

Headwater Exploration announced a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of 0.10 per share on Monday, October 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date of this dividend is Thursday, September 28th.
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 5.56%. HWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 71.43%. 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$7.24.

Headwater Exploration (TSE:HWX) has a market capitalization of C$1.71 billion and generates C$354.17 million in revenue each year. The company earns C$132.26 million in net income (profit) each year or C$0.56 on an earnings per share basis.

Headwater Exploration's mailing address is 215 9th Avenue SW, Suite 1400, Calgary, AB T2P 1K3, Canada. The official website for the company is www.headwaterexp.com. The company can be reached via phone at 587 391 3682.