TSE:PEY Peyto Exploration & Development (PEY) Stock Forecast, Price & News C$13.69 +0.05 (+0.37%) (As of 09/29/2023 ET) Add Compare Share Share Today's RangeC$13.51▼C$13.8450-Day RangeC$11.24▼C$13.6952-Week RangeC$10.38▼C$15.29Volume1.20 million shsAverage Volume1.24 million shsMarket CapitalizationC$2.40 billionP/E Ratio6.95Dividend Yield9.64%Price TargetC$16.43 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Peyto Exploration & Development MarketRank™ ForecastAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside20.0% UpsideC$16.43 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 17 Articles This WeekInsider TradingSelling SharesC$119,988 Sold 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.2.39 out of 5 stars 3.4 Analyst's Opinion Consensus RatingPeyto Exploration & Development has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$16.43, Peyto Exploration & Development has a forecasted upside of 20.0% from its current price of C$13.69.Amount of Analyst CoveragePeyto Exploration & Development has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 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 10.48%, 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 67.01%. 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 3.3 News and Social Media Coverage News SentimentPeyto Exploration & Development has a news sentiment score of 0.88. 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 is a higher news sentiment than the 0.41 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Peyto Exploration & Development this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for PEY on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.MarketBeat Follows8 people have added Peyto Exploration & Development to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Peyto Exploration & Development insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$119,988.00 in company stock.Percentage Held by InsidersOnly 3.11% of the stock of Peyto Exploration & Development is held by insiders.Percentage Held by InstitutionsOnly 30.74% of the stock of Peyto Exploration & Development is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Peyto Exploration & Development is 6.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Peyto Exploration & Development is 6.95, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 112.18.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 1.04. P/B Ratios below 3 indicates that a company is reasonably valued 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. 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 PEY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PEY Stock News HeadlinesSeptember 29, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Shares Up 6.5% After Analyst UpgradeSeptember 28, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) PT Raised to C$15.00September 29, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.September 28, 2023 | americanbankingnews.comStifel Nicolaus Boosts Peyto Exploration & Development (TSE:PEY) Price Target to C$17.00September 28, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Rating Increased to Outperform at Raymond JamesSeptember 28, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Price Target Raised to C$16.25 at Canaccord Genuity GroupSeptember 28, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Given New C$23.00 Price Target at ScotiabankSeptember 27, 2023 | markets.businessinsider.comPeyto Exploration & Dev (PEY) Got Some Good NewsSeptember 29, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.September 27, 2023 | baystreet.caTSX Stumbles Along Noon Hour WednesdaySeptember 27, 2023 | markets.businessinsider.comPeyto Exploration & Dev (PEY) Receives a Buy from ScotiabankSeptember 27, 2023 | finance.yahoo.comPeyto Exploration & Development Corp. (TSE:PEY) Shares Could Be 30% Below Their Intrinsic Value EstimateSeptember 27, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Given a C$17.00 Price Target at National BanksharesSeptember 21, 2023 | americanbankingnews.comPeyto Exploration & Development Corp. (TSE:PEY) Given Consensus Rating of "Moderate Buy" by BrokeragesSeptember 19, 2023 | theglobeandmail.comSeptember stock sale deluge drives hopes that Canada’s capital markets are bouncing backSeptember 19, 2023 | americanbankingnews.comPeyto Exploration & Development (TSE:PEY) Price Target Raised to C$13.50 at DesjardinsSeptember 7, 2023 | baystreet.caTSX Futures FlatSeptember 7, 2023 | finance.yahoo.comPeyto Announces Increase to Previously Announced Bought Deal Offering to C$175 MillionSeptember 7, 2023 | finanznachrichten.dePeyto Exploration To Buy Repsol Canada Energy For $468 Mln CashSeptember 7, 2023 | marketwatch.comRepsol to Sell Canadian Assets to Peyto for $468 MlnSeptember 6, 2023 | msn.comPeyto to buy Repsol's Canada unit for $468 millionSeptember 6, 2023 | reuters.comPeyto to buy Repsol's Canada unit for $468 mlnAugust 31, 2023 | fool.comPeyto Exploration & Development (TSX: PEY)August 12, 2023 | finance.yahoo.comNeed To Know: The Consensus Just Cut Its Peyto Exploration & Development Corp. (TSE:PEY) Estimates For 2023August 9, 2023 | markets.businessinsider.comPeyto Exploration & Dev (PEY) Receives a Hold from RBC CapitalJuly 21, 2023 | finance.yahoo.comPeyto Exploration & Development (TSE:PEY) shareholders have earned a 85% CAGR over the last three yearsJuly 14, 2023 | markets.businessinsider.comPeyto Exploration & Dev (PEY) Receives a Hold from Raymond JamesSee More Headlines 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 Earnings8/09/2023Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Ex-Dividend for 10/13 Dividend9/28/2023Today9/29/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:PEY CUSIPN/A CIKN/A Webwww.peyto.com Phone+1-403-2378911FaxN/AEmployees53Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$16.43 High Stock Price ForecastC$23.00 Low Stock Price ForecastC$13.50 Forecasted Upside/Downside+19.4%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.97 Trailing P/E Ratio6.98 Forward P/E Ratio5.11 P/E Growth-0.46Net IncomeC$345.70 million Net Margins27.63% Pretax MarginN/A Return on Equity17.03% Return on Assets7.97% Debt Debt-to-Equity Ratio36.92 Current Ratio0.96 Quick Ratio0.32 Sales & Book Value Annual SalesC$1.25 billion Price / Sales1.93 Cash FlowC$0.12 per share Price / Cash Flow112.05 Book ValueC$13.19 per share Price / Book1.04Miscellaneous Outstanding Shares175,380,000Free FloatN/AMarket CapC$2.41 billion OptionableOptionable Beta2.03 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Jean-Paul H. Lachance (Age 56)CEO, Pres & Director Comp: $700.3kMs. Kathy Turgeon CA (Age 61)VP & CFO Comp: $509.6kMr. Lee Russell CurranVP of Drilling & CompletionsLydia HamaliukMang. of HRMr. Stephen Jonathan Chetner (Age 56)Corp. Sec. Riley Millar FrameVP of EngineeringMr. Tavis Aaron Carlson CAVP of Fin.More ExecutivesKey CompetitorsFreehold RoyaltiesTSE:FRUAthabasca OilTSE:ATHBirchcliff EnergyTSE:BIRParex ResourcesTSE:PXTHeadwater ExplorationTSE:HWXView All CompetitorsInsidersDerick Nathan CzemberSold 10,800 sharesTotal: C$119,988.00 ($11.11/share)Debra GerlachBought 800 shares on 6/21/2023Total: C$8,680.00 ($10.85/share)Jean-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)View All Insider Transactions PEY Stock - Frequently Asked Questions Should I buy or sell Peyto Exploration & Development stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peyto Exploration & Development in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PEY shares. View PEY analyst ratings or view top-rated stocks. What is Peyto Exploration & Development's stock price forecast for 2023? 10 brokers have issued 1 year price objectives for Peyto Exploration & Development's shares. Their PEY share price forecasts range from C$13.50 to C$23.00. On average, they expect the company's stock price to reach C$16.43 in the next year. This suggests a possible upside of 19.4% 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 on January 1st, 2023. Since then, PEY stock has decreased by 0.8% and is now trading at C$13.76. 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, November 8th 2023. View our PEY earnings forecast. How were Peyto Exploration & Development's earnings last quarter? Peyto Exploration & Development Corp. (TSE:PEY) released its earnings results on Wednesday, August, 9th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.06. The firm had revenue of $219.41 million for the quarter. Peyto Exploration & Development had a net margin of 27.63% and a trailing twelve-month return on equity of 17.03%. 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 Friday, September 15th. Investors of record on Saturday, September 30th will be given a dividend of 0.11 per share on Friday, October 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 9.59%. The ex-dividend date is Thursday, September 28th. 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 10.48%. PEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.01%. 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$13.76. How much money does Peyto Exploration & Development make? Peyto Exploration & Development (TSE:PEY) has a market capitalization of C$2.41 billion and generates C$1.25 billion in revenue each year. The company earns C$345.70 million in net income (profit) each year or C$1.97 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 9/29/2023 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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