Q1 EPS Estimates for Viper Energy Lifted by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM - Free Report) - Equities research analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of Viper Energy in a research report issued on Tuesday, April 1st. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings of $0.60 per share for the quarter, up from their previous forecast of $0.57. The consensus estimate for Viper Energy's current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Viper Energy's FY2027 earnings at $2.43 EPS.

A number of other equities research analysts have also recently commented on VNOM. Truist Financial dropped their target price on Viper Energy from $78.00 to $68.00 and set a "buy" rating on the stock in a research report on Monday, February 3rd. Piper Sandler cut their price objective on Viper Energy from $64.00 to $63.00 and set an "overweight" rating for the company in a research report on Tuesday, December 17th. Evercore ISI increased their target price on Viper Energy from $45.00 to $58.00 and gave the company an "outperform" rating in a research report on Wednesday, January 8th. Raymond James reissued an "outperform" rating and issued a $58.00 price target (down previously from $64.00) on shares of Viper Energy in a report on Tuesday, February 4th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Viper Energy from $56.00 to $51.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $58.77.

Viper Energy Stock Performance

VNOM stock traded down $1.04 during trading on Thursday, hitting $36.56. 672,152 shares of the company traded hands, compared to its average volume of 1,256,100. Viper Energy has a 1 year low of $34.71 and a 1 year high of $56.76. The company has a market cap of $7.79 billion, a PE ratio of 15.66 and a beta of 1.23. The stock's 50-day simple moving average is $45.72 and its 200 day simple moving average is $48.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 7.24 and a quick ratio of 7.24.

Viper Energy Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, March 6th were paid a $0.65 dividend. This is a positive change from Viper Energy's previous dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 6th. Viper Energy's dividend payout ratio (DPR) is 32.70%.

Institutional Investors Weigh In On Viper Energy

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Viper Energy by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 10,094,960 shares of the oil and gas producer's stock valued at $495,360,000 after purchasing an additional 239,404 shares during the last quarter. FIL Ltd boosted its stake in Viper Energy by 8.5% during the fourth quarter. FIL Ltd now owns 3,964,130 shares of the oil and gas producer's stock worth $194,520,000 after buying an additional 310,890 shares during the period. State Street Corp increased its position in shares of Viper Energy by 78.2% during the third quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer's stock valued at $172,918,000 after acquiring an additional 1,682,183 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Viper Energy by 20.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,309,425 shares of the oil and gas producer's stock worth $113,324,000 after acquiring an additional 389,473 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Viper Energy during the 4th quarter valued at about $95,505,000. Hedge funds and other institutional investors own 87.72% of the company's stock.

About Viper Energy

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.