Peyto Exploration & Development Corp. Expected to Post Q1 2025 Earnings of $0.63 Per Share (TSE:PEY)

Peyto Exploration & Development Corp. (TSE:PEY) – Atb Cap Markets lowered their Q1 2025 earnings per share (EPS) estimates for shares of Peyto Exploration & Development in a research report issued on Wednesday, August 14th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.63 for the quarter, down from their previous forecast of $0.64. The consensus estimate for Peyto Exploration & Development’s current full-year earnings is $1.70 per share. Atb Cap Markets also issued estimates for Peyto Exploration & Development’s Q2 2025 earnings at $0.58 EPS and Q3 2025 earnings at $0.63 EPS.

Peyto Exploration & Development (TSE:PEY) last released its quarterly earnings data on Wednesday, May 15th. The company reported C$0.51 earnings per share for the quarter, missing the consensus estimate of C$0.63 by C($0.12). Peyto Exploration & Development had a net margin of 34.53% and a return on equity of 12.13%. The firm had revenue of C$332.54 million during the quarter, compared to analysts’ expectations of C$358.90 million.

Several other equities analysts also recently weighed in on the company. Desjardins raised their price objective on Peyto Exploration & Development from C$13.50 to C$14.50 and gave the company a “buy” rating in a research note on Thursday, May 16th. Canaccord Genuity Group increased their target price on Peyto Exploration & Development from C$17.00 to C$18.00 and gave the company a “buy” rating in a report on Wednesday, May 15th. CIBC lowered their target price on Peyto Exploration & Development from C$17.50 to C$17.00 in a report on Monday, July 15th. Scotiabank upgraded Peyto Exploration & Development to a “strong-buy” rating in a report on Friday, June 14th. Finally, Stifel Nicolaus increased their target price on Peyto Exploration & Development from C$16.25 to C$18.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$16.55.

Peyto Exploration & Development Stock Performance

TSE PEY opened at C$14.65 on Thursday. Peyto Exploration & Development has a 1-year low of C$11.09 and a 1-year high of C$15.99. The company has a market capitalization of C$2.85 billion, a P/E ratio of 9.04, a PEG ratio of -0.46 and a beta of 1.77. The business has a 50 day moving average price of C$14.59 and a 200 day moving average price of C$14.61. The company has a debt-to-equity ratio of 50.61, a current ratio of 1.55 and a quick ratio of 0.32.

Insider Transactions at Peyto Exploration & Development

In other news, Senior Officer Lee Russell Curran sold 48,867 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of C$15.71, for a total transaction of C$767,700.57. In related news, Senior Officer Derick Nathan Czember sold 27,064 shares of Peyto Exploration & Development stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of C$14.85, for a total value of C$401,900.40. Also, Senior Officer Lee Russell Curran sold 48,867 shares of Peyto Exploration & Development stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of C$15.71, for a total value of C$767,700.57. Over the last quarter, insiders have acquired 36,570 shares of company stock worth $551,795 and have sold 249,519 shares worth $3,772,841. Insiders own 2.37% of the company’s stock.

Peyto Exploration & Development Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st were issued a dividend of $0.11 per share. This represents a $1.32 annualized dividend and a dividend yield of 9.01%. The ex-dividend date of this dividend was Wednesday, July 31st. Peyto Exploration & Development’s dividend payout ratio (DPR) is 81.48%.

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.