TPZ has been the topic of several other reports. BMO Capital Markets boosted their price target on shares of Topaz Energy from C$27.00 to C$30.00 in a report on Wednesday. Cormark raised their price target on Topaz Energy from C$24.00 to C$26.00 in a research note on Thursday, March 3rd. CIBC boosted their price target on Topaz Energy from C$23.00 to C$26.00 in a research note on Thursday, April 14th. Raymond James set a C$27.00 price objective on shares of Topaz Energy and gave the company a strong-buy rating in a research report on Tuesday, April 12th. Finally, Scotiabank boosted their target price on shares of Topaz Energy from C$30.00 to C$31.00 in a research report on Thursday, April 7th. Ten investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Topaz Energy has an average rating of Buy and an average price target of C$26.18.
Shares of Topaz Energy stock opened at C$23.73 on Wednesday. Topaz Energy has a 1 year low of C$14.35 and a 1 year high of C$23.79. The company has a market cap of C$3.31 billion and a P/E ratio of 107.86. The company has a current ratio of 10.53, a quick ratio of 10.18 and a debt-to-equity ratio of 20.90. The stock has a 50-day moving average price of C$21.23 and a 200 day moving average price of C$19.06.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Thursday, March 31st were given a $1.04 dividend. This is an increase from Topaz Energy’s previous quarterly dividend of $0.24. This represents a $4.16 annualized dividend and a yield of 17.53%. The ex-dividend date of this dividend was Monday, March 14th. Topaz Energy’s payout ratio is currently 386.36%.
Topaz Energy Company Profile (Get Rating)
Topaz Energy Corp. operates as a royalty and energy infrastructure company. It operates in Royalty Production and Infrastructure segments. The company holds gross overriding royalty interests on approximately 5.3 million gross acres of developed and undeveloped lands. It is also involved in the natural gas processing and water management infrastructure activities.
- World Wresting Entertainment Stock is Hulking Up
- High-Yield Weyco Group Returns To Reasonable Levels
- MarketBeat Podcast: Alternative Investing Strategies Despite Market Volatility
- Limelight Networks Stock is a Speculative Turnaround Opportunity
- The Selloff In SiteOne Landscape Supply Is Overextended
Receive News & Ratings for Topaz Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Topaz Energy and related companies with MarketBeat.com's FREE daily email newsletter.