In today’s recent session, 9.32 million shares of the Baytex Energy Corp (NYSE:BTE) have been traded, and its beta is 1.15. Most recently the company’s share price was $1.92, and it changed around -$0.15 or -7.00% from the last close, which brings the market valuation of the company to $1.52B. BTE at last check was trading at a discount to its 52-week high of $4.08, offering almost -112.5% off that amount. The share price’s 52-week low was $1.96, which indicates that the recent value has fallen by an impressive -2.08% since then.
Baytex Energy Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 6 recommended BTE as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Baytex Energy Corp is expected to report earnings per share of 0.12 for the current quarter.
Baytex Energy Corp (NYSE:BTE) trade information
Instantly BTE has been showing red trend so far today with a performance of -7.00% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.30 on recent trading dayincreased the stock’s daily price by 16.52%. The company’s shares are currently down -25.39% year-to-date, but still down -13.29% over the last five days. On the other hand, Baytex Energy Corp (NYSE:BTE) is -18.09% down in the 30-day period.
Baytex Energy Corp (BTE) estimates and forecasts
The year-over-year growth rate is expected to be -8.29%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 943.3M in revenue for the current quarter. 1 analysts expect Baytex Energy Corp to make 991.2M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 984.19M and 1.13B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.15%. Forecasts for the next quarter put sales growth at -12.52%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 19.24%. Baytex Energy Corp earnings are expected to increase by 26.74% in 2025, but the outlook is negative -27.56% per year for the next five years.
BTE Dividends
Baytex Energy Corp’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 3.39 percent and its annual dividend per share was 0.07. It is important to note, however, that the 3.39% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Baytex Energy Corp (NYSE:BTE)’s Major holders
Vanguard International Stock Index-Total Intl Stock Indx and Avantis International Small Cap Value ETF were the top two Mutual Funds as of Oct 31, 2024. The former held 9.78 shares worth $18.83 million, making up 1.27% of all outstanding shares. On the other hand, Avantis International Small Cap Value ETF held roughly 7.66 shares worth around $14.75 million, which represents about 0.99% of the total shares outstanding.
