In the latest trading session,, 16.75 million Baytex Energy Corp (NYSE:BTE) shares changed hands as the company’s beta touched 1.16. With the company’s most recent per share price at $1.47 changed hands at -$0.01 or -0.68% at last look, the market valuation stands at $1.14B. BTE’s current price is a discount, trading about -169.39% off its 52-week high of $3.96. The share price had its 52-week low at $1.46, which suggests the last value was 0.68% up since then. When we look at Baytex Energy Corp’s average trading volume, we note the 10-day average is 50.51 million shares, with the 3-month average coming to 39.37 million.
Analysts gave the Baytex Energy Corp (BTE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended BTE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Baytex Energy Corp’s EPS for the current quarter is expected to be 0.12.
Baytex Energy Corp (NYSE:BTE) trade information
Instantly BTE was in red as seen in intraday trades today. With action -34.08%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -43.02%, with the 5-day performance at -34.08% in the red. However, in the 30-day time frame, Baytex Energy Corp (NYSE:BTE) is -27.59% down. Looking at the short shares, we see there were 42.04 million shares sold at short interest cover period of 1.01 days.
Baytex Energy Corp (BTE) estimates and forecasts
Year-over-year growth is forecast to reach -19.60% down from the last financial year. Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 927.1M. 1 analysts are of the opinion that Baytex Energy Corp’s revenue for the current quarter will be 932.8M. The company’s revenue for the corresponding quarters a year ago was 984.19M and 1.13B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.80%. The estimates for the next quarter sales put growth at -17.68%. The 2025 estimates are for Baytex Energy Corp earnings to increase by 22.86%.
BTE Dividends
Baytex Energy Corp is expected to release its next quarterly earnings report on 2025-Mar-03. The 4.38% annual yield figure for the share gives it an annual dividend of 0.06. It is important to note, however, that the 4.38% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 9.86 per year.
Baytex Energy Corp (NYSE:BTE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.63% of Baytex Energy Corp shares while 41.08% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 41.34%.
Among Mutual Funds, the top two as of Oct 31, 2024 were VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and American Century ETF Trust-Avantis International Small Cap Value ETF . With 9.78 shares estimated at $14.57 million under it, the former controlled 1.27% of total outstanding shares. On the other hand, American Century ETF Trust-Avantis International Small Cap Value ETF held about 1.22% of the shares, roughly 9.42 shares worth around $14.04 million.
