TSE:PEY Peyto Exploration & Development (PEY) Stock Forecast, Price & News C$11.32 -0.03 (-0.26%) (As of 05/26/2023 ET) Add Compare Share Share Today's RangeC$11.28▼C$11.4550-Day RangeC$11.02▼C$12.9552-Week RangeC$9.71▼C$17.13Volume740,335 shsAverage Volume1.37 million shsMarket CapitalizationC$1.98 billionP/E Ratio5.19Dividend Yield11.66%Price TargetC$17.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Peyto Exploration & Development MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside52.7% UpsideC$17.29 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$119,000 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 stars 3.3 Analyst's Opinion Consensus RatingPeyto Exploration & Development has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$17.29, Peyto Exploration & Development has a forecasted upside of 52.7% from its current price of C$11.32.Amount of Analyst CoveragePeyto Exploration & Development has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PEY. Previous Next 2.5 Dividend Strength Dividend LeadershipPeyto Exploration & Development is a leading dividend payer. It pays a dividend yield of 11.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPeyto Exploration & Development does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Peyto Exploration & Development is 60.55%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PEY. Previous Next 2.5 News and Social Media Coverage News SentimentPeyto Exploration & Development has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Peyto Exploration & Development this week, compared to 2 articles on an average week.Search Interest4 people have searched for PEY on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows9 people have added Peyto Exploration & Development to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Peyto Exploration & Development insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$119,000.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 3.13% of the stock of Peyto Exploration & Development is held by insiders.Percentage Held by InstitutionsOnly 30.97% of the stock of Peyto Exploration & Development is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Peyto Exploration & Development is 5.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Peyto Exploration & Development is 5.19, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 47.74.Price to Earnings Growth RatioDue to a projected decrease in earnings for Peyto Exploration & Development, their PEG ratio cannot be calculated.Price to Book Value per Share RatioPeyto Exploration & Development has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Peyto Exploration & Development (TSE:PEY) StockPeyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. As of December 31, 2021, it had a total proved plus probable reserves of 904 million barrels of oil equivalent. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp. in January 2011. Peyto Exploration & Development Corp. was founded in 1998 and is headquartered in Calgary, Canada.Read More Receive PEY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Peyto Exploration & Development and its competitors with MarketBeat's FREE daily newsletter. Email Address PEY Stock News HeadlinesMay 22, 2023 | americanbankingnews.comPeyto Exploration & Development Corp. (TSE:PEY) Receives C$17.29 Consensus PT from AnalystsMay 20, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Price Target Lowered to C$15.50 at Stifel NicolausMay 28, 2023 | Behind the Markets (Ad)The 4th Military Revolution is Happening. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>May 18, 2023 | finance.yahoo.comPeyto Announces Adjournment of Annual Meeting and Change in VenueMay 15, 2023 | finance.yahoo.comPeyto Exploration & Development Corp. Confirms Monthly Dividend for June 15, 2023May 12, 2023 | finanznachrichten.dePeyto Exploration & Development Corp.: Peyto Reports Strong Q1 2023 Cash Flow Despite Lower Gas PricesMay 11, 2023 | marketwatch.comPeyto Cuts Production Outlook on Alberta Wildfires -- Energy CommentMay 10, 2023 | finance.yahoo.comPeyto Reports Strong Q1 2023 Cash Flow Despite Lower Gas PricesMay 28, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—May 8, 2023 | msn.comAlberta wildfires halt some energy companies’ operationsMay 8, 2023 | finance.yahoo.comPeyto Provides Update Regarding Alberta WildfiresMay 5, 2023 | uk.finance.yahoo.comPeyto Exploration & Development Corp (PXK.MU)April 29, 2023 | americanbankingnews.comBrokerages Set Peyto Exploration & Development Corp. (TSE:PEY) Target Price at C$17.50April 27, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Peyto Exploration & Development Corp. (TSE:PEY) Issued By Stifel FirstegyApril 25, 2023 | americanbankingnews.comStifel Firstegy Equities Analysts Decrease Earnings Estimates for Peyto Exploration & Development Corp. (TSE:PEY)April 22, 2023 | msn.comSCOTIABANK GBM Maintains Peyto Exploration & Development (TSX:PEY) Outperform RecommendationApril 22, 2023 | msn.comDESJARDINS SECURITIES Maintains Peyto Exploration & Development (TSX:PEY) Buy RecommendationApril 18, 2023 | msn.comPeyto Exploration & Development (PEYUF) Declares $0.11 DividendApril 17, 2023 | nasdaq.comPeyto Exploration & Development Named Top 25 Dividend Stock With 10.33% Yield (PEY)April 13, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Price Target Cut to C$15.00 by Analysts at Raymond JamesApril 4, 2023 | americanbankingnews.comBrokerages Set Peyto Exploration & Development Corp. (TSE:PEY) Target Price at C$17.92March 22, 2023 | americanbankingnews.comPeyto Exploration & Development Corp. (TSE:PEY) Senior Officer Jean-Paul Henri Lachance Purchases 10,000 SharesMarch 15, 2023 | finance.yahoo.comPeyto Exploration & Development Corp. Confirms Monthly Dividend for April 14, 2023March 11, 2023 | seekingalpha.comPeyto Exploration & Development Corp. (PEYUF) Q4 2022 Earnings Call TranscriptMarch 9, 2023 | finanznachrichten.dePeyto Exploration & Development Corp.: Peyto Reports Record Profit and Cash Flow in 2022February 17, 2023 | marketwatch.comPeyto Defers Whitehorse Development, Targets Low End of Capital Guidance -- Energy CommentFebruary 16, 2023 | msn.comPeyto Exploration & Development Corp. declares CAD 0.11 dividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PEY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Peyto Exploration & Development and its competitors with MarketBeat's FREE daily newsletter. Email Address PEY Company Calendar Last Earnings3/08/2023Ex-Dividend for 5/15 Dividend4/27/2023Dividend Payable5/15/2023Today5/28/2023Ex-Dividend for 6/15 Dividend5/30/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:PEY CUSIPN/A CIKN/A Webwww.peyto.com Phone+1-403-2378911FaxN/AEmployees53Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$17.29 High Stock Price ForecastC$24.00 Low Stock Price ForecastC$15.00 Forecasted Upside/Downside+52.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.18 Trailing P/E Ratio5.19 Forward P/E Ratio6.16 P/E Growth-0.46Net IncomeC$382.83 million Net Margins25.74% Pretax MarginN/A Return on Equity19.44% Return on Assets8.76% Debt Debt-to-Equity Ratio36.40 Current Ratio0.96 Quick Ratio0.32 Sales & Book Value Annual SalesC$1.49 billion Price / Sales1.33 Cash FlowC$0.10 per share Price / Cash Flow112.05 Book ValueC$13.19 per share Price / Book0.86Miscellaneous Outstanding Shares174,790,000Free FloatN/AMarket CapC$1.98 billion OptionableOptionable Beta2.01 Key ExecutivesMr. Jean-Paul H. LachanceCEO, Pres & COOMr. Darren Gee (Age 55)Pres & Director Comp: $925kMs. Kathy Turgeon CA (Age 61)VP of Fin., CFO & Director Comp: $600.4kMr. David Alan ThomasVP of ExplorationMr. Scott Robinson P.Eng. (Age 63)VP of Bus. Devel. Comp: $676.7kLydia HamaliukMang. of HRMr. Stephen Jonathan Chetner (Age 56)Corp. Sec. Mr. Timothy LouieVP of LandMr. Lee Russell CurranVP of Drilling & CompletionsMr. Todd BurdickVP of ProductionMore ExecutivesKey CompetitorsTamarack Valley EnergyTSE:TVEFreehold RoyaltiesTSE:FRUInternational PetroleumTSE:IPCOBaytex EnergyTSE:BTEHeadwater ExplorationTSE:HWXView All CompetitorsInsidersJean-Paul Henri LachanceBought 10,000 shares on 3/16/2023Total: C$119,000.00 ($11.90/share)Darren GeeSold 21,000 sharesTotal: C$280,770.00 ($13.37/share)Lee Russell CurranSold 9,872 sharesTotal: C$130,409.12 ($13.21/share)Darren GeeSold 74,200 sharesTotal: C$1.03 M ($13.92/share)Lee Russell CurranSold 6,552 sharesTotal: C$89,893.44 ($13.72/share)View All Insider Transactions PEY Stock - Frequently Asked Questions Should I buy or sell Peyto Exploration & Development stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peyto Exploration & Development in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PEY shares. View PEY analyst ratings or view top-rated stocks. What is Peyto Exploration & Development's stock price forecast for 2023? 6 equities research analysts have issued twelve-month target prices for Peyto Exploration & Development's shares. Their PEY share price forecasts range from C$15.00 to C$24.00. On average, they expect the company's share price to reach C$17.29 in the next year. This suggests a possible upside of 52.7% from the stock's current price. View analysts price targets for PEY or view top-rated stocks among Wall Street analysts. How have PEY shares performed in 2023? Peyto Exploration & Development's stock was trading at C$13.87 at the beginning of the year. Since then, PEY stock has decreased by 18.4% and is now trading at C$11.32. View the best growth stocks for 2023 here. When is Peyto Exploration & Development's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our PEY earnings forecast. How were Peyto Exploration & Development's earnings last quarter? Peyto Exploration & Development Corp. (TSE:PEY) issued its quarterly earnings results on Wednesday, March, 8th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.25. The business earned $383.14 million during the quarter. Peyto Exploration & Development had a trailing twelve-month return on equity of 19.44% and a net margin of 25.74%. How often does Peyto Exploration & Development pay dividends? What is the dividend yield for Peyto Exploration & Development? Peyto Exploration & Development announced a monthly dividend on Monday, May 15th. Investors of record on Wednesday, May 31st will be paid a dividend of 0.11 per share on Thursday, June 15th. This represents a $1.32 annualized dividend and a dividend yield of 11.66%. The ex-dividend date is Tuesday, May 30th. Read our dividend analysis for PEY. Is Peyto Exploration & Development a good dividend stock? Peyto Exploration & Development (TSE:PEY) pays an annual dividend of C$1.32 per share and currently has a dividend yield of 11.22%. PEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.55%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PEY. What other stocks do shareholders of Peyto Exploration & Development own? Based on aggregate information from My MarketBeat watchlists, some companies that other Peyto Exploration & Development investors own include Tourmaline Oil (TOU), Seven Generations Energy (VII), Whitecap Resources (WCP), Inter Pipeline (IPL), Crescent Point Energy (CPG), ARC Resources (ARX), Enbridge (ENB), BCE (BCE), Pembina Pipeline (PPL) and Aurora Cannabis (ACB). What is Peyto Exploration & Development's stock symbol? Peyto Exploration & Development trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PEY." How do I buy shares of Peyto Exploration & Development? Shares of PEY 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. What is Peyto Exploration & Development's stock price today? One share of PEY stock can currently be purchased for approximately C$11.32. How much money does Peyto Exploration & Development make? Peyto Exploration & Development (TSE:PEY) has a market capitalization of C$1.98 billion and generates C$1.49 billion in revenue each year. The company earns C$382.83 million in net income (profit) each year or C$2.18 on an earnings per share basis. How can I contact Peyto Exploration & Development? Peyto Exploration & Development's mailing address is 300-600 3 Ave SW, CALGARY, AB T2P 0G5, Canada. The official website for the company is www.peyto.com. The company can be reached via phone at +1-403-2378911. This page (TSE:PEY) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Peyto Exploration & Development Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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