Cardinal Energy (CJ) to Release Quarterly Earnings on Monday

Cardinal Energy (TSE:CJGet Free Report) is set to issue its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of C$0.26 per share for the quarter.

Cardinal Energy Trading Down 1.6 %

Cardinal Energy stock opened at C$7.43 on Friday. The stock has a market cap of C$1.18 billion, a P/E ratio of 6.19, a P/E/G ratio of -0.26 and a beta of 3.03. Cardinal Energy has a 12 month low of C$6.25 and a 12 month high of C$9.96. The company’s fifty day simple moving average is C$7.41 and its 200-day simple moving average is C$7.11. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 6.26.

Cardinal Energy Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be issued a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 9.69%. The ex-dividend date is Monday, October 30th. Cardinal Energy’s dividend payout ratio is presently 60.00%.

Analysts Set New Price Targets

CJ has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price target on shares of Cardinal Energy from C$8.50 to C$9.00 in a report on Monday, October 16th. ATB Capital decreased their price target on shares of Cardinal Energy from C$10.00 to C$9.50 and set an “outperform” rating for the company in a report on Tuesday, October 10th. Finally, Raymond James upped their price target on shares of Cardinal Energy from C$8.00 to C$9.00 in a report on Friday, September 8th.

Read Our Latest Stock Analysis on CJ

About Cardinal Energy

(Get Free Report)

Cardinal Energy Ltd. engages in the acquisition, exploration, 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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Earnings History for Cardinal Energy (TSE:CJ)

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