Should I buy or sell Cardinal Energy stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cardinal Energy in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CJ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CJ, but not buy additional shares or sell existing shares. View CJ analyst ratings or view top-rated stocks .

What is Cardinal Energy's stock price target for 2024?

4 Wall Street analysts have issued 12 month target prices for Cardinal Energy's stock. Their CJ share price targets range from C$8.00 to C$9.00. On average, they anticipate the company's share price to reach C$8.60 in the next year. This suggests a possible upside of 24.5% from the stock's current price. View analysts price targets for CJ or view top-rated stocks among Wall Street analysts .

How have CJ shares performed in 2024?

Cardinal Energy's stock was trading at C$6.28 at the start of the year. Since then, CJ stock has increased by 10.0% and is now trading at C$6.91. View the best growth stocks for 2024 here .

When is Cardinal Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CJ earnings forecast .

How were Cardinal Energy's earnings last quarter?

Cardinal Energy Ltd. (TSE:CJ) issued its quarterly earnings data on Thursday, March, 14th. The company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.07. The firm had revenue of $148.04 million for the quarter, compared to the consensus estimate of $147.60 million. Cardinal Energy had a trailing twelve-month return on equity of 11.22% and a net margin of 21.53%.

How often does Cardinal Energy pay dividends? What is the dividend yield for Cardinal Energy?

Cardinal Energy announced a monthly dividend on Monday, April 8th. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.06 per share on Wednesday, May 15th. This represents a $0.72 dividend on an annualized basis and a yield of 10.42%. The ex-dividend date of this dividend is Monday, April 29th. Read our dividend analysis for CJ .

Is Cardinal Energy a good dividend stock?

Cardinal Energy (TSE:CJ) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 10.17%. CJ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 110.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CJ .

What other stocks do shareholders of Cardinal Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cardinal Energy investors own include Whitecap Resources (WCP) , AltaGas (ALA) , Major Drilling Group International (MDI) , TORC Oil & Gas Ltd. (TOG.TO) (TOG) , Crescent Point Energy (CPG) , Baytex Energy (BTE) , Surge Energy (SGY) , Obsidian Energy (OBE) , Tourmaline Oil (TOU) and Birchcliff Energy (BIR) .

How do I buy shares of Cardinal Energy?

Shares of CJ 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. Compare Top Brokerages Here .

TSE:CJ

Cardinal Energy (CJ) Stock Price, News & Analysis

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Free CJ Stock Alerts

C$6.91

+0.06 (+0.88%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$6.83
▼
C$6.95
50-Day Range: C$6.25
▼
C$7.14
52-Week Range: C$5.75
▼
C$7.96

Volume: 437,618 shs
Average Volume: 546,345 shs
Market Capitalization: C$1.09 billion

P/E Ratio: 10.63
Dividend Yield: 10.42%
Price Target: C$8.60

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Cardinal Energy MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 24.5% Upside
C$8.60 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.69
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$188,671 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.30 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
Cardinal Energy has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cardinal Energy has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CJ.

1.7

Dividend Strength

Dividend Leadership
Cardinal Energy is a leading dividend payer. It pays a dividend yield of 10.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cardinal Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cardinal Energy is 110.77%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CJ.

3.2

News and Social Media Coverage

News Sentiment
Cardinal Energy has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Cardinal Energy this week, compared to 3 articles on an average week.
Search Interest
6 people have searched for CJ on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cardinal Energy insiders have bought 275.73% more of their company's stock than they have sold. Specifically, they have bought C$188,671.00 in company stock and sold C$50,215.00 in company stock.
Percentage Held by Insiders
24.00% of the stock of Cardinal Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 4.13% of the stock of Cardinal Energy is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cardinal Energy is 10.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cardinal Energy is 10.63, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 95.96.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Cardinal Energy, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Cardinal Energy has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Cardinal Energy Stock (TSE:CJ)

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.

CJ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CJ Stock News Headlines

April 13, 2024 | insidertrades.com

David Kelly Sells 7,100 Shares of Cardinal Energy Ltd. (TSE:CJ) Stock

April 5, 2024 | insidertrades.com

Insider Buying: Cardinal Energy Ltd. (TSE:CJ) Director Buys 27,000 Shares of Stock

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 16, 2024 | msn.com

Cardinals begin offseason program that ends with June minicamp

April 16, 2024 | msn.com

Arizona Cardinals brought energy to first workouts. Will it continue?

April 10, 2024 | reuters.com

Cardinals take down Phillies 3-0 in Sonny Gray's debut

April 8, 2024 | msn.com

Kevin Durant Reacts to Loss vs Pelicans

April 5, 2024 | msn.com

Cardinals shuffle likely under House Appropriations shakeup

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 3, 2024 | msn.com

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April 3, 2024 | msn.com

Commanders Tipped to Draft ‘Overthought’ QB Amid Jayden Daniels Rumors

April 2, 2024 | msn.com

Cardinal Health plans 350,000-square-foot distribution center

April 1, 2024 | msn.com

Cardinals accept responsibility for P.R. statement about Terry McDonough that "went too far"

April 1, 2024 | sports.yahoo.com

Louisville's Hayden Nigro, Tom Siegfried headline 2023-24 All-Stark County boys basketball

April 1, 2024 | sports.yahoo.com

MLB power rankings: Yankees, Brewers rise after vengeful sweeps

April 1, 2024 | msn.com

NFL Mock Draft 2024: Complete 7-round edition features five first-round QBs, including J.J. McCarthy & Bo Nix

March 19, 2024 | msn.com

Arrowheadlines: Reportedly, L’Jarius Sneed’s contract demands are blocking a trade

March 17, 2024 | sports.yahoo.com

Cardinals still have 2 big areas to address in offseason

March 16, 2024 | theeagleswire.usatoday.com

Eagles' projected depth chart following the first wave of free agency

March 16, 2024 | yahoo.com

Cardinals manager Oli Marmol gets two-year contract extension

March 16, 2024 | msn.com

Keff Ciardello’s Latest 2024 NFL Mock Draft: Jayden Daniels the Future After Aaron Rodgers, Brian Thomas Jr. Joins Ja’Marr Chase

March 16, 2024 | sports.yahoo.com

Eagles’ projected depth chart following the first wave of free agency

March 14, 2024 | markets.businessinsider.com

Here's what to expect from Cardinal Energy's earnings report

March 14, 2024 | investing.com

Cardinal Energy Ltd (CJ)

March 12, 2024 | msn.com

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March 11, 2024 | msn.com

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March 1, 2024 | sports.yahoo.com

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Company Calendar

Last Earnings: 3/14/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/19/2024
Ex-Dividend for 5/15 Dividend: 4/29/2024
Next Earnings (Estimated): 5/09/2024
Dividend Payable: 5/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:CJ
CUSIP: N/A
CIK: N/A
Web: www.cardinalenergy.ca
Phone: +1-403-2162709
Fax: N/A
Employees: 180
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$8.60
High Stock Price Target: C$9.00
Low Stock Price Target: C$8.00
Potential Upside/Downside: +24.5%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.65
Trailing P/E Ratio: 10.63
Forward P/E Ratio: 8.69
P/E Growth: -0.26
Net Income: C$103.60 million
Net Margins: 21.53%
Pretax Margin: N/A
Return on Equity: 11.22%
Return on Assets: 7.85%

Debt

Debt-to-Equity Ratio: 5.44
Current Ratio: 0.54
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: C$481.12 million
Price / Sales: 2.27
Cash Flow: C$0.02 per share
Price / Cash Flow: 280.77
Book Value: C$5.82 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 158,100,000
Free Float: N/A
Market Cap: C$1.09 billion
Optionable: Not Optionable
Beta: 2.99

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Key Executives

Mr. M. Scott Ratushny (Age 59)
Chairman & CEO
Comp: $1.24M
Mr. Shawn A. Van Spankeren C.M.A. (Age 51)
CPA, Chief Financial Officer
Comp: $889.05k
Mr. Dale John Orton (Age 51)
Chief Operating Officer
Comp: $812.65k
Mr. Robert Ernest Law Wollmann
Senior Vice President of Exploration
Ms. Shannon Margaret Gangl (Age 61)
Corporate Secretary

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CJ Stock Analysis - Frequently Asked Questions

Should I buy or sell Cardinal Energy stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Energy in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CJ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CJ, but not buy additional shares or sell existing shares.
View CJ analyst ratings or view top-rated stocks.
What is Cardinal Energy's stock price target for 2024?: 4 Wall Street analysts have issued twelve-month price objectives for Cardinal Energy's stock. Their CJ share price targets range from C$8.00 to C$9.00. On average, they predict the company's stock price to reach C$8.60 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for CJ or view top-rated stocks among Wall Street analysts.
How have CJ shares performed in 2024?: Cardinal Energy's stock was trading at C$6.28 at the beginning of the year. Since then, CJ shares have increased by 10.0% and is now trading at C$6.91.
View the best growth stocks for 2024 here.
When is Cardinal Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CJ earnings forecast.
How were Cardinal Energy's earnings last quarter?: Cardinal Energy Ltd. (TSE:CJ) announced its earnings results on Thursday, March, 14th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.07. The business earned $148.04 million during the quarter, compared to the consensus estimate of $147.60 million. Cardinal Energy had a net margin of 21.53% and a trailing twelve-month return on equity of 11.22%.

How often does Cardinal Energy pay dividends? What is the dividend yield for Cardinal Energy?: Cardinal Energy announced a monthly dividend on Monday, April 8th. Stockholders of record on Tuesday, April 30th will be paid a dividend of 0.06 per share on Wednesday, May 15th. This represents a $0.72 dividend on an annualized basis and a yield of 10.42%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for CJ.
Is Cardinal Energy a good dividend stock?: Cardinal Energy (TSE:CJ) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 10.17%. CJ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 110.77%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CJ.
What other stocks do shareholders of Cardinal Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cardinal Energy investors own include Whitecap Resources (WCP), AltaGas (ALA), Major Drilling Group International (MDI), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Crescent Point Energy (CPG), Baytex Energy (BTE), Surge Energy (SGY), Obsidian Energy (OBE), Tourmaline Oil (TOU) and Birchcliff Energy (BIR).
How do I buy shares of Cardinal Energy?: Shares of CJ 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.
Compare Top Brokerages Here.

This page (TSE:CJ) was last updated on 4/19/2024 by MarketBeat.com Staff

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Cardinal Energy (CJ) Stock Price, News & Analysis

Cardinal Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Cardinal Energy Stock (TSE:CJ)

CJ Stock Price History

CJ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CJ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™