Capital One Financial Has Weak Forecast for NOG Q1 Earnings

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Research analysts at Capital One Financial lowered their Q1 2025 earnings estimates for Northern Oil and Gas in a report released on Friday, February 21st. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings of $1.13 per share for the quarter, down from their previous forecast of $1.20. Capital One Financial has a "Equal Weight" rating on the stock. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.18 per share. Capital One Financial also issued estimates for Northern Oil and Gas' Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $1.10 EPS, Q4 2025 earnings at $1.17 EPS, FY2025 earnings at $4.49 EPS and FY2028 earnings at $4.90 EPS.

Several other research firms also recently weighed in on NOG. Citigroup decreased their price target on shares of Northern Oil and Gas from $55.00 to $45.00 and set a "buy" rating on the stock in a research report on Tuesday. Mizuho cut Northern Oil and Gas from an "outperform" rating to a "neutral" rating and set a $47.00 price target for the company. in a report on Monday, December 16th. Morgan Stanley set a $43.00 price objective on Northern Oil and Gas in a report on Wednesday, January 22nd. Truist Financial raised their target price on shares of Northern Oil and Gas from $52.00 to $55.00 and gave the company a "buy" rating in a report on Monday, January 13th. Finally, Royal Bank of Canada reduced their price target on shares of Northern Oil and Gas from $45.00 to $40.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $46.89.

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Northern Oil and Gas Stock Performance

Shares of Northern Oil and Gas stock traded down $0.17 during trading on Monday, hitting $31.91. 1,237,556 shares of the company's stock traded hands, compared to its average volume of 1,471,928. The stock has a market capitalization of $3.16 billion, a P/E ratio of 6.21 and a beta of 1.82. The business has a 50-day simple moving average of $37.13 and a 200-day simple moving average of $38.18. Northern Oil and Gas has a 1 year low of $31.70 and a 1 year high of $44.31. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.92 and a quick ratio of 1.23.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $1.11 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.16). The firm had revenue of $545.47 million for the quarter, compared to analysts' expectations of $552.34 million. Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%.

Institutional Trading of Northern Oil and Gas

A number of institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC boosted its stake in Northern Oil and Gas by 24.8% during the third quarter. CWM LLC now owns 2,237 shares of the company's stock worth $79,000 after buying an additional 444 shares during the last quarter. Creative Planning lifted its stake in Northern Oil and Gas by 18.1% during the 3rd quarter. Creative Planning now owns 27,994 shares of the company's stock worth $991,000 after acquiring an additional 4,282 shares in the last quarter. Signaturefd LLC lifted its stake in Northern Oil and Gas by 100.5% during the 3rd quarter. Signaturefd LLC now owns 852 shares of the company's stock worth $30,000 after acquiring an additional 427 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Northern Oil and Gas by 71.7% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 27,293 shares of the company's stock worth $966,000 after purchasing an additional 11,397 shares during the period. Finally, Mount Yale Investment Advisors LLC increased its holdings in Northern Oil and Gas by 8.3% during the 3rd quarter. Mount Yale Investment Advisors LLC now owns 10,114 shares of the company's stock worth $358,000 after purchasing an additional 777 shares during the period. 98.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Northern Oil and Gas

In other Northern Oil and Gas news, President Adam A. Dirlam sold 836 shares of the business's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $39.00, for a total value of $32,604.00. Following the completion of the transaction, the president now directly owns 96,223 shares of the company's stock, valued at approximately $3,752,697. The trade was a 0.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.80% of the company's stock.

Northern Oil and Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, March 28th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Northern Oil and Gas's previous quarterly dividend of $0.42. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.64%. Northern Oil and Gas's dividend payout ratio (DPR) is currently 35.02%.

About Northern Oil and Gas

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States.