Baytex Energy Corp. (TSE:BTE) Given Consensus Recommendation of "Hold" by Brokerages

2026-03-27 06:16:44 ET

Baytex Energy Corp. ( TSE:BTE – Get Free Report ) (NYSE:BTE) has been given an average rating of “Hold” by the eight analysts that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$5.32.

A number of equities research analysts recently issued reports on BTE shares. Royal Bank Of Canada lowered Baytex Energy from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, January 13th. TD Securities upped their price objective on Baytex Energy from C$5.00 to C$5.50 and gave the company a “hold” rating in a research report on Thursday, March 5th. Canaccord Genuity Group lowered Baytex Energy from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$5.00 to C$4.75 in a research note on Tuesday, January 27th. National Bank Financial lifted their target price on Baytex Energy from C$5.00 to C$5.75 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Finally, Scotiabank boosted their target price on shares of Baytex Energy from C$5.25 to C$5.50 and gave the company an “outperform” rating in a research note on Tuesday, January 20th.

Get Our Latest Stock Report on Baytex Energy

Baytex Energy Stock Performance

Baytex Energy stock opened at C$5.86 on Friday. The company has a debt-to-equity ratio of 4.94, a current ratio of 3.61 and a quick ratio of 0.77. The firm has a market capitalization of C$4.33 billion, a P/E ratio of -7.51, a price-to-earnings-growth ratio of 0.12 and a beta of 0.94. Baytex Energy has a 1-year low of C$1.91 and a 1-year high of C$6.00. The company’s 50-day moving average is C$5.09 and its 200 day moving average is C$4.30.

Baytex Energy ( TSE:BTE – Get Free Report ) (NYSE:BTE) last announced its earnings results on Wednesday, March 4th. The company reported C($1.11) earnings per share (EPS) for the quarter. Baytex Energy had a negative net margin of 40.77% and a negative return on equity of 16.25%. Research analysts forecast that Baytex Energy will post 0.3703367 EPS for the current year.

Baytex Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, April 1st will be issued a dividend of $0.0225 per share. The ex-dividend date is Friday, March 13th. This represents a $0.09 dividend on an annualized basis and a yield of 1.5%. Baytex Energy’s dividend payout ratio (DPR) is presently -11.54%.

Insider Transactions at Baytex Energy

In related news, insider Chad Lundberg bought 11,500 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were acquired at an average cost of C$4.36 per share, for a total transaction of C$50,140.00. Following the purchase, the insider directly owned 532,801 shares of the company’s stock, valued at approximately C$2,323,012.36. The trade was a 2.21% increase in their ownership of the stock. 0.83% of the stock is currently owned by company insiders.

About Baytex Energy

( Get Free Report )

Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.

Further Reading

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