Atb Cap Markets Has Positive Outlook of TSE:PEY Q1 Earnings

Peyto Exploration & Development Corp. (TSE:PEY) – Equities researchers at Atb Cap Markets increased their Q1 2025 EPS estimates for Peyto Exploration & Development in a note issued to investors on Wednesday, November 13th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.61 per share for the quarter, up from their prior forecast of $0.60. Atb Cap Markets also issued estimates for Peyto Exploration & Development’s Q2 2025 earnings at $0.56 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.48 EPS and FY2026 earnings at $2.43 EPS.

Several other equities research analysts also recently issued reports on the stock. Atlantic Securities lifted their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research note on Monday, October 7th. TD Securities cut their target price on Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. Finally, National Bankshares raised their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$17.60.

Peyto Exploration & Development Stock Up 0.7 %

Shares of Peyto Exploration & Development stock opened at C$15.62 on Friday. Peyto Exploration & Development has a twelve month low of C$11.09 and a twelve month high of C$16.32. The company has a fifty day moving average price of C$15.15 and a 200 day moving average price of C$14.95. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02. The stock has a market cap of C$3.05 billion, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75.

Insider Buying and Selling at Peyto Exploration & Development

In related news, Director Jean-Paul Henri Lachance sold 16,600 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of C$15.10, for a total transaction of C$250,660.00. Also, Director Stephen Jonathan Chetner bought 4,000 shares of the business’s stock in a transaction on Monday, October 28th. The stock was purchased at an average price of C$15.31 per share, with a total value of C$61,244.00. Over the last three months, insiders have purchased 35,675 shares of company stock worth $522,419 and have sold 188,740 shares worth $2,744,924. 2.36% of the stock is currently owned by company insiders.

Peyto Exploration & Development Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a $0.11 dividend. This represents a $1.32 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend was Thursday, October 31st. Peyto Exploration & Development’s dividend payout ratio is presently 85.16%.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, 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.