Peyto Exploration & Development Corp. (TSE:PEY – Get Free Report) declared a monthly dividend on Tuesday, October 15th, Zacks reports. Investors of record on Thursday, October 31st will be paid a dividend of 0.11 per share on Friday, November 15th. This represents a $1.32 annualized dividend and a yield of 8.68%. The ex-dividend date is Thursday, October 31st.
Peyto Exploration & Development Price Performance
PEY stock opened at C$15.21 on Thursday. Peyto Exploration & Development has a 52-week low of C$11.09 and a 52-week high of C$16.32. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. The stock has a market cap of C$2.97 billion, a price-to-earnings ratio of 9.81, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The business has a fifty day moving average of C$14.75 and a two-hundred day moving average of C$14.92.
Peyto Exploration & Development (TSE:PEY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.27 by C($0.01). Peyto Exploration & Development had a net margin of 32.88% and a return on equity of 11.86%. The company had revenue of C$256.55 million during the quarter, compared to analysts’ expectations of C$257.10 million.
Insiders Place Their Bets
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the stock. National Bankshares lifted their target price on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. TD Securities dropped their price objective on Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. CIBC lowered their target price on Peyto Exploration & Development from C$17.50 to C$17.00 in a report on Monday, July 15th. Finally, Atlantic Securities boosted their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research note on Monday, October 7th. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Peyto Exploration & Development has a consensus rating of “Buy” and a consensus target price of C$17.60.
Get Our Latest Report on Peyto Exploration & Development
About Peyto Exploration & Development
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.
Recommended Stories
- Five stocks we like better than Peyto Exploration & Development
- How to Invest in Biotech Stocks
- NuScale Rockets Higher on Amazon Deal: How High Can It Go?
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Why Micron Could Rally All The Way Through Q4
- Top Biotech Stocks: Exploring Innovation Opportunities
- Should Warren Buffett’s Favorite Stock be Yours Too?
Receive News & Ratings for Peyto Exploration & Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peyto Exploration & Development and related companies with MarketBeat.com's FREE daily email newsletter.