Viper Energy, Inc. (NASDAQ:VNOM - Free Report) - Investment analysts at Capital One Financial lifted their Q4 2024 earnings estimates for Viper Energy in a report issued on Monday, February 3rd. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings of $0.50 per share for the quarter, up from their previous estimate of $0.47. The consensus estimate for Viper Energy's current full-year earnings is $2.02 per share. Capital One Financial also issued estimates for Viper Energy's Q4 2025 earnings at $0.48 EPS.
Several other brokerages have also recently weighed in on VNOM. Piper Sandler reduced their price target on shares of Viper Energy from $64.00 to $63.00 and set an "overweight" rating on the stock in a research report on Tuesday, December 17th. Roth Mkm boosted their price target on shares of Viper Energy from $46.00 to $53.00 and gave the stock a "buy" rating in a research report on Wednesday, October 16th. Bank of America assumed coverage on shares of Viper Energy in a research report on Tuesday, November 26th. They issued a "buy" rating and a $64.00 price target on the stock. KeyCorp raised shares of Viper Energy from a "sector weight" rating to an "overweight" rating and set a $62.00 price objective for the company in a research note on Friday, December 13th. Finally, The Goldman Sachs Group assumed coverage on shares of Viper Energy in a research note on Monday, December 2nd. They set a "buy" rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a sell rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Viper Energy presently has an average rating of "Moderate Buy" and a consensus target price of $59.55.
Read Our Latest Analysis on VNOM
Viper Energy Price Performance
VNOM traded down $0.33 during trading hours on Wednesday, hitting $49.38. The company's stock had a trading volume of 1,063,178 shares, compared to its average volume of 2,222,354. The business's 50-day moving average price is $49.67 and its 200-day moving average price is $48.88. Viper Energy has a 12 month low of $31.51 and a 12 month high of $56.76. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of 21.19 and a beta of 1.71. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25.
Institutional Trading of Viper Energy
Large investors have recently made changes to their positions in the stock. Golden State Wealth Management LLC purchased a new stake in shares of Viper Energy during the fourth quarter valued at $25,000. Farther Finance Advisors LLC raised its holdings in shares of Viper Energy by 328.5% in the third quarter. Farther Finance Advisors LLC now owns 587 shares of the oil and gas producer's stock valued at $26,000 after acquiring an additional 450 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Viper Energy by 321.7% in the fourth quarter. Assetmark Inc. now owns 679 shares of the oil and gas producer's stock valued at $33,000 after acquiring an additional 518 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Viper Energy by 208.1% in the third quarter. GAMMA Investing LLC now owns 681 shares of the oil and gas producer's stock valued at $31,000 after acquiring an additional 460 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of Viper Energy by 43.9% in the fourth quarter. First Horizon Advisors Inc. now owns 701 shares of the oil and gas producer's stock valued at $34,000 after acquiring an additional 214 shares in the last quarter. 87.72% of the stock is owned by hedge funds and other institutional investors.
Viper Energy Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.65 per share. This is a positive change from Viper Energy's previous dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 6th. Viper Energy's payout ratio is currently 51.50%.
About Viper Energy
(
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Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.
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