Cardinal Energy Ltd. (TSE:CJ – Free Report) – Analysts at Atb Cap Markets cut their Q1 2025 earnings estimates for Cardinal Energy in a research report issued on Wednesday, January 15th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for Cardinal Energy’s current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Cardinal Energy’s Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.11 EPS and FY2025 earnings at $0.44 EPS.
Several other research analysts have also recently commented on CJ. BMO Capital Markets boosted their price target on Cardinal Energy from C$7.00 to C$7.50 in a research note on Tuesday. CIBC cut their target price on Cardinal Energy from C$8.75 to C$8.00 in a research report on Friday, November 8th.
Cardinal Energy Stock Performance
Shares of CJ stock opened at C$6.63 on Friday. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.73 and a quick ratio of 0.67. The company’s fifty day moving average price is C$6.49 and its two-hundred day moving average price is C$6.60. The firm has a market capitalization of C$1.06 billion, a P/E ratio of 9.08, a P/E/G ratio of -0.26 and a beta of 2.81. Cardinal Energy has a 12 month low of C$5.98 and a 12 month high of C$7.38.
Insiders Place Their Bets
In other news, Senior Officer Kenneth Cory Lee Younger sold 12,000 shares of Cardinal Energy stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of C$6.90, for a total value of C$82,800.00. Also, Director John Festival bought 50,050 shares of the business’s stock in a transaction on Monday, November 11th. The stock was acquired at an average cost of C$6.20 per share, for a total transaction of C$310,310.00. Insiders have bought a total of 137,650 shares of company stock valued at $852,718 in the last quarter. Insiders own 23.38% of the company’s stock.
Cardinal Energy Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 10.86%. The ex-dividend date of this dividend is Friday, January 31st. Cardinal Energy’s payout ratio is currently 98.63%.
About Cardinal Energy
Cardinal Energy Ltd. engages in the acquisition, development, optimization, 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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