Capital One Financial Reduces Earnings Estimates for Berry

Berry Co. (NASDAQ:BRY - Free Report) - Stock analysts at Capital One Financial reduced their Q1 2025 earnings per share (EPS) estimates for shares of Berry in a report issued on Tuesday, March 18th. Capital One Financial analyst B. Velie now forecasts that the energy company will earn $0.16 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for Berry's current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry's Q3 2025 earnings at $0.19 EPS and FY2025 earnings at $0.73 EPS.

Berry (NASDAQ:BRY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The energy company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.09. The company had revenue of $167.06 million for the quarter, compared to analyst estimates of $173.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%.

Berry Trading Down 1.5 %

Shares of Berry stock traded down $0.05 during midday trading on Thursday, reaching $3.29. The company had a trading volume of 800,177 shares, compared to its average volume of 1,080,679. The firm has a market cap of $254.04 million, a PE ratio of 3.05 and a beta of 1.67. Berry has a fifty-two week low of $3.06 and a fifty-two week high of $8.88. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a fifty day moving average price of $4.15 and a 200 day moving average price of $4.51.

Remove Ads

Berry Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 22nd will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Friday, March 21st. Berry's dividend payout ratio is 48.00%.

Institutional Trading of Berry

Several hedge funds have recently modified their holdings of the stock. South Dakota Investment Council boosted its holdings in Berry by 66.4% in the fourth quarter. South Dakota Investment Council now owns 1,958,864 shares of the energy company's stock worth $8,090,000 after acquiring an additional 781,562 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Berry by 964.4% in the 4th quarter. Susquehanna International Group LLP now owns 835,592 shares of the energy company's stock worth $3,451,000 after purchasing an additional 757,087 shares in the last quarter. Vanguard Group Inc. grew its position in Berry by 12.2% in the 4th quarter. Vanguard Group Inc. now owns 5,980,118 shares of the energy company's stock valued at $24,698,000 after purchasing an additional 652,416 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Berry by 31.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,403,588 shares of the energy company's stock valued at $9,927,000 after purchasing an additional 571,812 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Berry by 94.5% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,148,446 shares of the energy company's stock worth $4,743,000 after buying an additional 557,842 shares during the last quarter. Institutional investors own 94.88% of the company's stock.

Berry Company Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company's principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.