In the last trading session, 49.98 million shares of the Baytex Energy Corp (NYSE:BTE) were traded, and its beta was 0.97. Most recently the company’s share price was $2.12, and it changed around $0.1 or 4.95% from the last close, which brings the market valuation of the company to $1.63B. BTE currently trades at a discount to its 52-week high of $3.84, offering almost -81.13% off that amount. The share price’s 52-week low was $1.36, which indicates that the current value has risen by an impressive 35.85% since then. We note from Baytex Energy Corp’s average daily trading volume that its 10-day average is 81.15 million shares, with the 3-month average coming to 50.93 million.
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 for the current quarter.
Baytex Energy Corp (NYSE:BTE) trade information
Instantly BTE has showed a green trend with a performance of 4.95% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.19 on recent trading dayincreased the stock’s daily price by 3.2%. The company’s shares are currently down -17.83% year-to-date, but still up 8.72% over the last five days. On the other hand, Baytex Energy Corp (NYSE:BTE) is 24.71% up in the 30-day period. We can see from the shorts that 65.66 million shares have been sold at a short interest cover period of 1.39 day(s).
Baytex Energy Corp (BTE) estimates and forecasts
The year-over-year growth rate is expected to be -21.33%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 770.1M in revenue for the current quarter. 1 analysts expect Baytex Energy Corp to make 806.2M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.13B and 1.05B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -32.04%. Forecasts for the next quarter put sales growth at -22.90%.
BTE Dividends
Baytex Energy Corp’s next quarterly earnings report is expected to be released on 2025-May-04. The annual dividend yield of the stock is 3.04 percent and its annual dividend per share was 0.06. It is important to note, however, that the 3.04% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 9.86 per year.
Baytex Energy Corp (NYSE:BTE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.66% of Baytex Energy Corp shares, and 45.96% of them are in the hands of institutional investors. The stock currently has a share float of 46.26%.
