Atb Cap Markets Predicts Weaker Earnings for Cardinal Energy

Cardinal Energy Ltd. (TSE:CJ) – Stock analysts at Atb Cap Markets reduced their Q1 2025 EPS estimates for shares of Cardinal Energy in a research report issued on Monday, January 6th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.17. The consensus estimate for Cardinal Energy’s current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Cardinal Energy’s Q2 2025 earnings at $0.12 EPS, FY2025 earnings at $0.51 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.30 EPS.

A number of other research analysts have also weighed in on CJ. CIBC cut their price target on shares of Cardinal Energy from C$8.75 to C$8.00 in a research note on Friday, November 8th. Royal Bank of Canada cut their price objective on shares of Cardinal Energy from C$8.00 to C$7.00 in a research report on Tuesday, September 17th. Finally, BMO Capital Markets lowered their target price on Cardinal Energy from C$7.50 to C$7.00 in a report on Friday, October 4th.

Cardinal Energy Price Performance

Shares of CJ stock opened at C$6.80 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 9.04. Cardinal Energy has a 12-month low of C$5.98 and a 12-month high of C$7.38. The firm has a fifty day moving average of C$6.44 and a 200-day moving average of C$6.60. The firm has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of -0.26 and a beta of 2.81.

Cardinal Energy Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 10.59%. The ex-dividend date was Friday, November 29th. Cardinal Energy’s payout ratio is 98.63%.

Insider Activity at Cardinal Energy

In other Cardinal Energy news, Director M. Scott Ratushny acquired 10,000 shares of the business’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of C$6.12 per share, with a total value of C$61,160.00. Also, Director John Festival bought 50,050 shares of the stock in a transaction dated Monday, November 11th. The shares were acquired at an average cost of C$6.20 per share, for a total transaction of C$310,310.00. In the last 90 days, insiders have purchased 137,650 shares of company stock worth $852,718. Insiders own 23.38% of the company’s stock.

Cardinal Energy Company Profile

Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.