Q1 EPS Estimates for Berry Raised by Capital One Financial

Berry Co. (NASDAQ:BRY - Free Report) - Investment analysts at Capital One Financial upped their Q1 2025 earnings estimates for Berry in a research note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now forecasts that the energy company will earn $0.17 per share for the quarter, up from their previous forecast of $0.13. The consensus estimate for Berry's current full-year earnings is $0.60 per share. Capital One Financial also issued estimates for Berry's Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.76 EPS.

Separately, Piper Sandler reduced their target price on shares of Berry from $7.00 to $5.00 and set a "neutral" rating for the company in a report on Monday, November 18th.

Berry Stock Up 4.8 %

BRY stock opened at $4.77 on Monday. The company has a market cap of $367.00 million, a price-to-earnings ratio of 4.42 and a beta of 1.64. The company has a fifty day moving average price of $4.26 and a 200 day moving average price of $5.32. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80. Berry has a 12 month low of $3.72 and a 12 month high of $8.88.

Berry (NASDAQ:BRY - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The energy company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The firm had revenue of $259.80 million for the quarter, compared to analysts' expectations of $186.67 million. Berry had a return on equity of 6.50% and a net margin of 9.40%. The company's quarterly revenue was up 31.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 EPS.

Berry Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, November 15th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.12 annualized dividend and a yield of 2.52%. Berry's dividend payout ratio is currently 11.11%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Federated Hermes Inc. purchased a new position in shares of Berry during the 2nd quarter worth approximately $25,000. Meeder Asset Management Inc. raised its position in Berry by 43.5% in the second quarter. Meeder Asset Management Inc. now owns 7,212 shares of the energy company's stock worth $47,000 after acquiring an additional 2,186 shares in the last quarter. McIlrath & Eck LLC purchased a new stake in shares of Berry during the 3rd quarter worth $47,000. Quarry LP grew its stake in shares of Berry by 390.6% during the 3rd quarter. Quarry LP now owns 12,643 shares of the energy company's stock worth $65,000 after purchasing an additional 10,066 shares during the period. Finally, FMR LLC increased its holdings in shares of Berry by 40.9% in the 3rd quarter. FMR LLC now owns 17,606 shares of the energy company's stock valued at $90,000 after purchasing an additional 5,115 shares in the last quarter. 94.88% of the stock is owned by hedge funds and other institutional investors.

About Berry

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.