Research Analysts Set Expectations for Gear Energy Ltd.’s FY2026 Earnings (TSE:GXE)

Gear Energy Ltd. (TSE:GXE) – Stock analysts at Atb Cap Markets reduced their FY2026 earnings estimates for Gear Energy in a research report issued on Monday, April 22nd. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of ($0.02) per share for the year, down from their prior forecast of ($0.01). The consensus estimate for Gear Energy’s current full-year earnings is $0.12 per share. Atb Cap Markets also issued estimates for Gear Energy’s FY2027 earnings at ($0.03) EPS and FY2028 earnings at ($0.04) EPS.

Gear Energy (TSE:GXE) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.05). The firm had revenue of C$37.52 million during the quarter. Gear Energy had a return on equity of 3.52% and a net margin of 6.61%.

Separately, ATB Capital decreased their price objective on shares of Gear Energy from C$1.25 to C$1.00 and set an “outperform” rating for the company in a research report on Thursday, January 18th.

Gear Energy Trading Up 1.5 %

Shares of Gear Energy stock opened at C$0.67 on Wednesday. The firm has a 50-day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.69. The company has a market cap of C$175.71 million, a P/E ratio of 22.33 and a beta of 3.73. Gear Energy has a fifty-two week low of C$0.60 and a fifty-two week high of C$1.07. The company has a debt-to-equity ratio of 8.94, a quick ratio of 0.56 and a current ratio of 1.04.

Gear Energy Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be given a dividend of $0.005 per share. The ex-dividend date is Friday, April 12th. This represents a $0.06 annualized dividend and a dividend yield of 8.96%. Gear Energy’s dividend payout ratio (DPR) is presently 200.00%.

About Gear Energy

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.