Veren Inc. (NYSE:VRN - Free Report) - Equities researchers at Atb Cap Markets upped their Q1 2025 earnings per share estimates for Veren in a note issued to investors on Friday, November 1st. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.22 for the quarter, up from their prior forecast of $0.20. The consensus estimate for Veren's current full-year earnings is $0.97 per share. Atb Cap Markets also issued estimates for Veren's Q2 2025 earnings at $0.24 EPS.
VRN has been the subject of several other research reports. Raymond James initiated coverage on Veren in a research note on Friday, October 18th. They issued a "strong-buy" rating and a $13.00 target price for the company. Royal Bank of Canada reduced their target price on shares of Veren from $12.00 to $10.00 and set an "outperform" rating on the stock in a report on Friday. Finally, Scotiabank lowered their price target on shares of Veren from $16.00 to $15.00 and set a "sector outperform" rating for the company in a research note on Friday, July 12th.
Read Our Latest Stock Report on VRN
Veren Trading Up 3.2 %
Shares of VRN traded up $0.16 during midday trading on Monday, reaching $5.13. The stock had a trading volume of 11,114,691 shares, compared to its average volume of 4,579,813. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $3.16 billion, a P/E ratio of 3.66 and a beta of 2.17. The business has a 50-day moving average price of $6.34. Veren has a 12-month low of $4.90 and a 12-month high of $9.28.
Veren Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Sunday, December 15th will be issued a $0.085 dividend. This is a boost from Veren's previous quarterly dividend of $0.08. The ex-dividend date is Friday, December 13th. This represents a $0.34 annualized dividend and a dividend yield of 6.63%. Veren's dividend payout ratio (DPR) is currently 24.29%.
Hedge Funds Weigh In On Veren
A number of hedge funds have recently modified their holdings of VRN. Dixon Mitchell Investment Counsel Inc. purchased a new position in Veren during the 2nd quarter valued at about $36,000. EverSource Wealth Advisors LLC bought a new position in shares of Veren during the second quarter valued at approximately $42,000. Pacifica Partners Inc. purchased a new stake in Veren in the second quarter worth $61,000. DORCHESTER WEALTH MANAGEMENT Co purchased a new position in Veren during the 3rd quarter valued at $79,000. Finally, Fifth Third Bancorp bought a new position in Veren in the 2nd quarter worth $85,000. Hedge funds and other institutional investors own 49.37% of the company's stock.
Veren Company Profile
(
Get Free Report)
Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.
Featured Articles
Before you consider Veren, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Veren wasn't on the list.
While Veren currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
