Baytex Energy Corp (NYSE:BTE) has a beta value of 1.16 and has seen 7.24 million shares traded in the recent trading session. The company, currently valued at $1.60B, closed the recent trade at $2.07 per share which meant it gained $0.04 on the day or 1.72% during that session. The BTE stock price is -97.1% off its 52-week high price of $4.08 and 8.21% above the 52-week low of $1.90. If we look at the company’s 10-day average daily trading volume, we find that it stood at 49.61 million shares traded. The 3-month trading volume is 28.48 million shares.
The consensus among analysts is that Baytex Energy Corp (BTE) is Buy stock at the moment, with a recommendation rating of 2.20. 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. The expected earnings per share for the stock is 0.12.
Baytex Energy Corp (NYSE:BTE) trade information
Sporting 1.72% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BTE stock price touched $2.07 or saw a rise of 1.43%. Year-to-date, Baytex Energy Corp shares have moved -19.96%, while the 5-day performance has seen it change 4.29%. Over the past 30 days, the shares of Baytex Energy Corp (NYSE:BTE) have changed -19.34%. Short interest in the company has seen 38.39 million shares shorted with days to cover at 1.14.
Baytex Energy Corp (BTE) estimates and forecasts
The company’s shares have lost -32.30% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -19.60%.
1 analysts offering their estimates for the company have set an average revenue estimate of 927.1M for the current quarter. 1 have an estimated revenue figure of 932.8M for the next ending quarter. Year-ago sales stood 984.19M and 1.13B respectively for this quarter and the next, and analysts expect sales will shrink by -5.80% for the current quarter and -19.60% for the next. Earnings growth for 2025 is a modest 18.50% while over the next 5 years, the company’s earnings are expected to decrease by -29.81%.
BTE Dividends
Baytex Energy Corp is expected to release its next earnings report on 2025-Mar-03 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 3.17%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 9.86%.
Baytex Energy Corp (NYSE:BTE)’s Major holders
Insiders own 0.85% of the company shares, while shares held by institutions stand at 41.14% with a share float percentage of 41.50%. Investors are also buoyed by the number of investors in a company, with Baytex Energy Corp having a total of 232.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and Avantis International Small Cap Value ETF. As of Oct 31, 2024, the former fund manager holds about 1.27% shares in the company for having 9.78 shares of worth $20.24 million while later fund manager owns 7.8 shares of worth $16.14 million as of Dec 31, 2024, which makes it owner of about 1.01% of company’s outstanding stock.
