Raymond James Predicts Topaz Energy FY2025 Earnings

Topaz Energy Corp. (TSE:TPZ) – Investment analysts at Raymond James issued their FY2025 earnings per share estimates for Topaz Energy in a research report issued to clients and investors on Monday, October 28th. Raymond James analyst L. Davis forecasts that the company will earn $0.40 per share for the year. Raymond James has a “Moderate Buy” rating on the stock. The consensus estimate for Topaz Energy’s current full-year earnings is $0.20 per share. Raymond James also issued estimates for Topaz Energy’s FY2026 earnings at $0.41 EPS.

Topaz Energy (TSE:TPZ) last issued its quarterly earnings results on Monday, July 29th. The company reported C$0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.07 by C$0.05. Topaz Energy had a return on equity of 4.39% and a net margin of 16.70%. The company had revenue of C$78.41 million during the quarter, compared to the consensus estimate of C$80.00 million.

A number of other research firms have also weighed in on TPZ. Scotiabank increased their price objective on shares of Topaz Energy from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. National Bankshares increased their price target on Topaz Energy from C$32.50 to C$33.50 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. ATB Capital lowered Topaz Energy from an “overweight” rating to a “neutral” rating and raised their price target for the stock from C$30.00 to C$31.00 in a research note on Wednesday, October 23rd. CIBC upped their price objective on Topaz Energy from C$30.00 to C$31.00 in a research report on Wednesday, October 23rd. Finally, TD Securities lifted their target price on Topaz Energy from C$28.00 to C$30.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$30.79.

Topaz Energy Trading Down 0.9 %

TPZ stock opened at C$26.71 on Thursday. The firm’s fifty day simple moving average is C$26.26 and its two-hundred day simple moving average is C$24.59. The stock has a market capitalization of C$3.87 billion, a price-to-earnings ratio of 72.19 and a beta of 0.50. The company has a quick ratio of 7.17, a current ratio of 2.12 and a debt-to-equity ratio of 37.52. Topaz Energy has a twelve month low of C$18.03 and a twelve month high of C$27.78.

Topaz Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a dividend of $0.33 per share. This is an increase from Topaz Energy’s previous quarterly dividend of $0.32. The ex-dividend date was Friday, September 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.94%. Topaz Energy’s dividend payout ratio (DPR) is 356.76%.

Topaz Energy Company Profile

Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.