Q2 EPS Estimate for Northern Oil and Gas Reduced by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Analysts at Roth Capital cut their Q2 2025 EPS estimates for shares of Northern Oil and Gas in a research report issued on Monday, March 31st. Roth Capital analyst J. White now forecasts that the company will post earnings per share of $0.89 for the quarter, down from their previous forecast of $0.92. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.18 per share. Roth Capital also issued estimates for Northern Oil and Gas' Q3 2025 earnings at $1.00 EPS and FY2025 earnings at $4.25 EPS.

A number of other equities analysts also recently commented on the stock. Piper Sandler reduced their price objective on shares of Northern Oil and Gas from $37.00 to $35.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. Morgan Stanley dropped their price objective on Northern Oil and Gas from $43.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Royal Bank of Canada dropped their target price on Northern Oil and Gas from $45.00 to $40.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 13th. Citigroup lowered their price target on Northern Oil and Gas from $55.00 to $45.00 and set a "buy" rating for the company in a report on Tuesday, February 25th. Finally, Bank of America dropped their price target on Northern Oil and Gas from $48.00 to $41.00 and set a "buy" rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $45.44.

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Northern Oil and Gas Stock Down 15.0 %

Shares of NOG stock traded down $4.60 on Wednesday, hitting $26.01. The stock had a trading volume of 2,645,308 shares, compared to its average volume of 1,428,919. The company has a quick ratio of 1.23, a current ratio of 0.92 and a debt-to-equity ratio of 1.02. Northern Oil and Gas has a one year low of $25.96 and a one year high of $44.31. The business has a 50 day moving average price of $32.34 and a 200 day moving average price of $36.68. The company has a market cap of $2.58 billion, a PE ratio of 5.06 and a beta of 1.84.

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

Northern Oil and Gas declared that its board has authorized a stock repurchase plan on Tuesday, March 11th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Northern Oil and Gas Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, March 28th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, March 28th. This is a boost 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 6.92%. Northern Oil and Gas's dividend payout ratio (DPR) is 35.02%.

Insider Activity at Northern Oil and Gas

In other news, President Adam A. Dirlam sold 836 shares of the company'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 transaction 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 $3,752,697. This represents a 0.86 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Nicholas L. O'grady bought 1,000 shares of the business's stock in a transaction dated Friday, March 7th. The shares were bought at an average cost of $27.48 per share, with a total value of $27,480.00. Following the purchase, the chief executive officer now directly owns 226,189 shares of the company's stock, valued at approximately $6,215,673.72. This represents a 0.44 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.80% of the stock is owned by company insiders.

Institutional Trading of Northern Oil and Gas

Institutional investors and hedge funds have recently bought and sold shares of the stock. Insight Wealth Strategies LLC boosted its stake in shares of Northern Oil and Gas by 94.5% in the 1st quarter. Insight Wealth Strategies LLC now owns 55,530 shares of the company's stock valued at $1,679,000 after buying an additional 26,980 shares during the period. California State Teachers Retirement System increased its position in Northern Oil and Gas by 3.1% during the 4th quarter. California State Teachers Retirement System now owns 89,279 shares of the company's stock worth $3,318,000 after purchasing an additional 2,643 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Northern Oil and Gas by 13.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,956 shares of the company's stock valued at $370,000 after acquiring an additional 1,201 shares during the period. GF Fund Management CO. LTD. purchased a new position in Northern Oil and Gas during the 4th quarter valued at about $1,128,000. Finally, GTS Securities LLC raised its holdings in shares of Northern Oil and Gas by 238.2% in the fourth quarter. GTS Securities LLC now owns 22,318 shares of the company's stock worth $829,000 after acquiring an additional 15,718 shares during the last quarter. 98.80% of the stock is currently owned by hedge funds and other institutional investors.

Northern Oil and Gas Company Profile

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.