Topaz Energy (TPZ) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Topaz Energy in the last year. There are currently 7 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TPZ shares.
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9 Wall Street analysts have issued 12 month price objectives for Topaz Energy's shares. Their TPZ share price forecasts range from C$23.00 to C$32.00. On average, they anticipate the company's stock price to reach C$27.58 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for TPZ or view top-rated stocks among Wall Street analysts.

Topaz Energy's stock was trading at C$21.13 at the beginning of the year. Since then, TPZ shares have increased by 0.7% and is now trading at C$21.28.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our TPZ earnings forecast.

Topaz Energy Corp. (TSE:TPZ) issued its quarterly earnings data on Thursday, July, 29th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. Topaz Energy had a net margin of 26.15% and a trailing twelve-month return on equity of 7.28%.

Topaz Energy declared a quarterly dividend on Wednesday, June 14th. Investors of record on Friday, June 30th will be paid a dividend of 0.30 per share on Friday, June 30th. This represents a $1.20 annualized dividend and a dividend yield of 5.64%. The ex-dividend date is Wednesday, June 14th.
Read our dividend analysis for TPZ.

Topaz Energy (TSE:TPZ) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 5.77%. TPZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 181.82%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TPZ.

Topaz Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TPZ."

Shares of TPZ 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 TPZ stock can currently be purchased for approximately C$21.28.

Topaz Energy (TSE:TPZ) has a market capitalization of C$3.07 billion and generates C$366.49 million in revenue each year. The company earns C$95.84 million in net income (profit) each year or C$0.66 on an earnings per share basis.

Topaz Energy's mailing address is 5100 W. 115Th Place, Leawood, Kansas 66211. The official website for the company is cef.tortoiseadvisors.com. The company can be reached via phone at 19139811020.