Baytex Energy Corp (NYSE:BTE) has a beta value of 1.78 and has seen 14.54 million shares traded in the last trading session. The company, currently valued at $3.00B, closed the last trade at $3.71 per share which meant it gained $0.05 on the day or 1.37% during that session. The BTE stock price is -25.34% off its 52-week high price of $4.65 and 21.29% above the 52-week low of $2.92. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.75 million shares traded. The 3-month trading volume is 8.87 million shares.
The consensus among analysts is that Baytex Energy Corp (BTE) is Buy stock at the moment, with a recommendation rating of 1.60. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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Baytex Energy Corp (NYSE:BTE) trade information
Sporting 1.37% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BTE stock price touched $3.71 or saw a rise of 3.39%. Year-to-date, Baytex Energy Corp shares have moved 11.75%, while the 5-day performance has seen it change -0.27%. Over the past 30 days, the shares of Baytex Energy Corp (NYSE:BTE) have changed 12.42%. Short interest in the company has seen 33.78 million shares shorted with days to cover at 4.12.
Baytex Energy Corp (BTE) estimates and forecasts
Figures show that Baytex Energy Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 24.08% over the past 6 months, with this year growth rate of -32.65%, compared to -1.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 19.24% over the past 5 years. Earnings growth for 2024 is a modest 247.38% while over the next 5 years, the company’s earnings are expected to increase by 18.20%.
BTE Dividends
Baytex Energy Corp is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.07 at a share yield of 1.79%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 9.86%.
