Atb Cap Markets Lowers Earnings Estimates for Baytex Energy

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Analysts at Atb Cap Markets cut their Q2 2025 earnings per share (EPS) estimates for Baytex Energy in a research note issued on Wednesday, March 5th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.13 per share for the quarter, down from their prior forecast of $0.17. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for Baytex Energy’s current full-year earnings is $0.37 per share. Atb Cap Markets also issued estimates for Baytex Energy’s Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.11 EPS and FY2026 earnings at $0.19 EPS.

BTE has been the subject of a number of other research reports. CIBC lowered their price objective on shares of Baytex Energy from C$6.00 to C$5.00 in a research report on Friday, January 17th. BMO Capital Markets reduced their target price on shares of Baytex Energy from C$5.00 to C$4.00 in a report on Wednesday. Royal Bank of Canada dropped their price objective on Baytex Energy from C$5.50 to C$5.00 in a research note on Tuesday, January 14th. ATB Capital decreased their price target on shares of Baytex Energy from C$5.50 to C$5.20 in a research note on Wednesday, December 4th. Finally, TD Securities decreased their target price on shares of Baytex Energy from C$5.50 to C$5.00 in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$5.59.

Baytex Energy Stock Performance

Shares of TSE:BTE opened at C$2.82 on Friday. The firm’s 50 day simple moving average is C$3.56 and its 200 day simple moving average is C$3.95. Baytex Energy has a fifty-two week low of C$2.74 and a fifty-two week high of C$5.55. The company has a market capitalization of C$2.23 billion, a price-to-earnings ratio of -6.42, a P/E/G ratio of 0.12 and a beta of 2.61. The company has a debt-to-equity ratio of 57.38, a current ratio of 0.69 and a quick ratio of 0.77.

Baytex Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, January 2nd were paid a dividend of $0.023 per share. This represents a $0.09 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date was Friday, December 13th. Baytex Energy’s payout ratio is -20.48%.

Insiders Place Their Bets

In other news, Senior Officer Nicole Marie Frechette acquired 8,200 shares of Baytex Energy stock in a transaction dated Monday, December 9th. The shares were bought at an average cost of C$3.67 per share, with a total value of C$30,094.00. Insiders own 0.83% of the company’s stock.

About Baytex Energy

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.