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

Gear Energy Ltd. (TSE:GXE) – Atb Cap Markets dropped their FY2026 earnings estimates for Gear Energy in a research note issued to investors on Monday, April 22nd. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of ($0.02) per share for the year, down from their prior estimate 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 announced its earnings results on Wednesday, February 21st. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.05). The business had revenue of C$37.52 million for the quarter. Gear Energy had a return on equity of 3.52% and a net margin of 6.61%.

Separately, ATB Capital cut 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 Stock Performance

TSE:GXE opened at C$0.67 on Wednesday. The firm has a 50 day simple moving average of C$0.66 and a 200-day simple moving average of C$0.69. The company has a debt-to-equity ratio of 8.94, a current ratio of 1.04 and a quick ratio of 0.56. The firm has a market cap of C$175.71 million, a PE ratio of 22.33 and a beta of 3.73. Gear Energy has a 1-year low of C$0.60 and a 1-year high of C$1.07.

Gear Energy Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a $0.005 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 8.96%. The ex-dividend date of this dividend is Friday, April 12th. Gear Energy’s dividend payout ratio is presently 200.00%.

Gear Energy Company Profile

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.