TD Securities Issues Positive Forecast for Baytex Energy (TSE:BTE) Stock Price

Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target raised by TD Securities from C$5.00 to C$5.50 in a report released on Thursday,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada cut shares of Baytex Energy from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, January 13th. BMO Capital Markets raised shares of Baytex Energy from a “hold” rating to an “outperform” rating and upped their price target for the stock from C$3.00 to C$6.00 in a research note on Thursday, November 13th. National Bank Financial upped 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. Scotiabank lifted their price target on Baytex Energy from C$5.25 to C$5.50 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Finally, Canaccord Genuity Group cut Baytex Energy from a “buy” rating to a “hold” rating and decreased their target price for the company from C$5.00 to C$4.75 in a research note on Tuesday, January 27th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Baytex Energy has a consensus rating of “Hold” and a consensus target price of C$5.32.

Baytex Energy Stock Performance

BTE stock opened at C$5.43 on Thursday. The firm has a market cap of C$4.17 billion, a P/E ratio of 19.39, a P/E/G ratio of 0.12 and a beta of 0.94. Baytex Energy has a 12-month low of C$1.91 and a 12-month high of C$5.58. The stock’s 50 day simple moving average is C$4.76 and its 200 day simple moving average is C$4.03. The company has a current ratio of 0.58, a quick ratio of 0.77 and a debt-to-equity ratio of 48.05.

Baytex Energy (TSE:BTE) (NYSE:BTE) last posted its earnings results on Wednesday, March 4th. The company reported C($1.11) EPS for the quarter. Baytex Energy had a net margin of 5.60% and a return on equity of 5.16%. As a group, equities research analysts predict that Baytex Energy will post 0.3703367 EPS for the current year.

Baytex Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, January 2nd were issued a $0.0225 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, December 15th. Baytex Energy’s payout ratio is presently 32.14%.

Insiders Place Their Bets

In related news, insider Chad Lundberg purchased 11,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were purchased at an average price of C$4.36 per share, with a total value of C$50,140.00. Following the purchase, the insider owned 532,801 shares of the company’s stock, valued at C$2,323,012.36. This trade represents a 2.21% increase in their position. Also, Director Mark Bly acquired 20,000 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were bought at an average price of C$4.50 per share, for a total transaction of C$90,000.00. Following the acquisition, the director owned 575,638 shares in the company, valued at approximately C$2,590,371. This trade represents a 3.60% increase in their position. 0.83% of the stock is owned by insiders.

Key Headlines Impacting Baytex Energy

Here are the key news stories impacting Baytex Energy this week:

• Positive Sentiment: National Bank Financial raised its price target to C$5.75 and moved to an “outperform” rating, signaling modest upside and analyst confidence in Baytex’s outlook. Article Title
• Positive Sentiment: TD Securities raised its target to C$5.50 with a “hold” rating, another incremental endorsement that supports the recent recovery in the stock. Article Title
• Neutral Sentiment: Raymond James downgraded Baytex to “market perform” with a C$5.50 target — a modest adjustment that reflects mixed analyst views rather than a sharp negative reassessment. Article Title
• Neutral Sentiment: Leadership transition: President/COO Lundberg will succeed Greager as CEO — a planned internal succession that provides continuity but adds short‑term uncertainty as investors watch execution. Article Title
• Negative Sentiment: Q4 results disappointed: Baytex reported a C($1.11) EPS loss for the quarter, highlighting weaker earnings that weigh on near‑term cash generation and valuation. Article Title
• Negative Sentiment: Coverage piece flags concern that the bigger loss and the CEO change could complicate management’s ability to maintain the dividend, a key risk that could pressure the stock if payouts are re‑evaluated. Article Title

Baytex Energy Company Profile

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.