Weekly Investment Analysts’ Ratings Changes for Baytex Energy (BTE)

Several brokerages have updated their recommendations and price targets on shares of Baytex Energy (TSE: BTE) in the last few weeks:

• 5/11/2026 – Baytex Energy had its price target raised by TD from C$6.00 to C$6.50. They now have a “hold” rating on the stock.
• 5/11/2026 – Baytex Energy had its price target raised by Royal Bank Of Canada from C$6.50 to C$7.00. They now have a “sector perform” rating on the stock.
• 5/8/2026 – Baytex Energy had its price target raised by Scotia from C$6.50 to C$7.50. They now have a “sector outperform” rating on the stock.
• 5/8/2026 – Baytex Energy had its price target raised by Raymond James Financial, Inc. from C$7.00 to C$8.00. They now have an “outperform” rating on the stock.
• 5/8/2026 – Baytex Energy had its price target raised by ATB Cormark Capital Markets from C$7.00 to C$8.50. They now have a “sector perform” rating on the stock.
• 5/8/2026 – Baytex Energy had its price target raised by National Bank Financial from C$7.50 to C$8.50. They now have a “sector perform” rating on the stock.
• 4/14/2026 – Baytex Energy was upgraded by Canaccord Genuity Group Inc. from “hold” to “buy”. They now have a C$7.00 price target on the stock, up from C$5.25.
• 4/8/2026 – Baytex Energy had its price target raised by Royal Bank Of Canada from C$5.00 to C$6.50. They now have a “sector perform” rating on the stock.
• 3/30/2026 – Baytex Energy was upgraded by Raymond James Financial, Inc. from “hold” to “moderate buy”. They now have a C$7.00 price target on the stock, up from C$5.50.

Baytex Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, April 1st were given a dividend of $0.0225 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.09 annualized dividend and a yield of 1.4%. Baytex Energy’s dividend payout ratio (DPR) is currently -7.03%.

Insider Buying and Selling at Baytex Energy

In related news, insider Nicole Marie Frechette purchased 8,500 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The shares were bought at an average price of C$5.84 per share, for a total transaction of C$49,640.00. Following the purchase, the insider directly owned 73,026 shares of the company’s stock, valued at approximately C$426,471.84. This represents a 13.17% increase in their position. Also, insider James Robert Maclean acquired 10,000 shares of Baytex Energy stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of C$5.73 per share, with a total value of C$57,300.00. Following the transaction, the insider owned 185,322 shares in the company, valued at C$1,061,895.06. This represents a 5.70% increase in their ownership of the stock. In the last quarter, insiders have bought 49,800 shares of company stock worth $293,188. Corporate insiders own 0.83% of the company’s stock.

Baytex Energy Corp. is a Calgary -based energy company committed to driving shareholder value through disciplined execution. It operates a high-quality, high-return portfolio in the Western Canadian Sedimentary Basin, featuring the Pembina Duvernay and heavy oil plays in Alberta and Saskatchewan. These core assets are backed by an extensive drilling inventory and consistently generate strong cash flow.