Cardinal Energy Ltd. (TSE:CJ - Free Report) - Research analysts at Atb Cap Markets decreased their Q1 2025 earnings per share (EPS) estimates for Cardinal Energy in a report issued on Monday, January 6th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.12 per share for the quarter, down from their prior estimate of $0.17. The consensus estimate for Cardinal Energy's current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Cardinal Energy's Q2 2025 earnings at $0.12 EPS, FY2025 earnings at $0.51 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.30 EPS.
Several other equities research analysts have also issued reports on CJ. CIBC lowered their target price on shares of Cardinal Energy from C$8.75 to C$8.00 in a research note on Friday, November 8th. BMO Capital Markets lowered their price target on Cardinal Energy from C$7.50 to C$7.00 in a research report on Friday, October 4th. Finally, Royal Bank of Canada cut their price objective on Cardinal Energy from C$8.00 to C$7.00 in a research report on Tuesday, September 17th.
Get Our Latest Stock Analysis on CJ
Shares of TSE CJ opened at C$6.82 on Wednesday. Cardinal Energy has a 1 year low of C$5.98 and a 1 year high of C$7.38. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.67 and a current ratio of 0.73. The company's fifty day moving average price is C$6.44 and its 200 day moving average price is C$6.60. The company has a market capitalization of C$1.09 billion, a PE ratio of 9.34, a price-to-earnings-growth ratio of -0.26 and a beta of 2.81.
In other Cardinal Energy news, Director John Festival purchased 75,000 shares of the firm's stock in a transaction dated Monday, December 23rd. The shares were purchased at an average cost of C$6.20 per share, with a total value of C$465,000.00. Also, Director M. Scott Ratushny purchased 10,000 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of C$6.12 per share, for a total transaction of C$61,160.00. In the last three months, insiders bought 137,650 shares of company stock worth $852,718. Corporate insiders own 23.38% of the company's stock.
The company also recently disclosed a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 10.56%. The ex-dividend date of this dividend was Friday, November 29th. Cardinal Energy's payout ratio is 98.63%.
Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
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