Paramount Resources - POU Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" POU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POU, but not buy additional shares or sell existing shares.
View POU analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 1 year price targets for Paramount Resources' stock. Their POU share price forecasts range from C$30.00 to C$46.00. On average, they predict the company's stock price to reach C$39.00 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price.
View analysts price targets for POU or view top-rated stocks among Wall Street analysts.

Paramount Resources' stock was trading at C$24.59 at the beginning of 2022. Since then, POU stock has increased by 22.9% and is now trading at C$30.22.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our POU earnings forecast.

Paramount Resources declared a monthly dividend on Thursday, November 3rd. Shareholders of record on Tuesday, November 15th will be given a dividend of 0.125 per share on Wednesday, November 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date is Monday, November 14th. This is a boost from the stock's previous monthly dividend of C$0.10.
Read our dividend analysis for POU.

Paramount Resources (TSE:POU) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 4.98%. POU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for POU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Resources investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Rogers Communications (RCI), Toronto-Dominion Bank (TD) and Open Text (OTEX).

Paramount Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "POU."

Shares of POU 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 POU stock can currently be purchased for approximately C$30.22.

Paramount Resources (TSE:POU) has a market capitalization of C$4.28 billion and generates C$1.90 billion in revenue each year.

The company employs 475 workers across the globe.

Paramount Resources' mailing address is 888 3 St SW Suite 4700, CALGARY, AB T2P 5C5, Canada. The official website for the company is www.paramountres.com. The company can be reached via phone at +1-403-2903600.