Atb Cap Markets Brokers Boost Earnings Estimates for TSE:PEY

Peyto Exploration & Development Corp. (TSE:PEY) – Investment analysts at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for shares of Peyto Exploration & Development in a research note issued to investors on Wednesday, November 13th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.61 for the quarter, up from their prior estimate of $0.60. Atb Cap Markets also issued estimates for Peyto Exploration & Development’s Q2 2025 earnings at $0.56 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.48 EPS and FY2026 earnings at $2.43 EPS.

Other equities analysts have also recently issued reports about the company. Atlantic Securities raised their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a report on Monday, October 7th. National Bankshares raised their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. Finally, TD Securities reduced their price objective on Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$17.60.

Peyto Exploration & Development Stock Up 0.7 %

TSE:PEY opened at C$15.62 on Friday. Peyto Exploration & Development has a 52 week low of C$11.09 and a 52 week high of C$16.32. The stock’s fifty day moving average is C$15.15 and its two-hundred day moving average is C$14.95. The stock has a market capitalization of C$3.05 billion, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02.

Insider Transactions at Peyto Exploration & Development

In other news, Senior Officer Todd Burdick sold 57,810 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$14.41, for a total transaction of C$832,845.55. Also, Senior Officer Riley Millar Frame sold 29,500 shares of Peyto Exploration & Development stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of C$14.56, for a total transaction of C$429,579.00. Over the last 90 days, insiders purchased 35,675 shares of company stock worth $522,419 and sold 188,740 shares worth $2,744,924. Company insiders own 2.36% of the company’s stock.

Peyto Exploration & Development Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.32 annualized dividend and a dividend yield of 8.45%. Peyto Exploration & Development’s dividend payout ratio (DPR) is 85.16%.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.