Q4 EPS Estimates for Viper Energy Lowered by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM - Free Report) - Equities researchers at Zacks Research lowered their Q4 2024 EPS estimates for Viper Energy in a research note issued to investors on Monday, November 25th. Zacks Research analyst R. Department now expects that the oil and gas producer will earn $0.33 per share for the quarter, down from their previous estimate of $0.35. 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 Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.39 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.53 EPS, Q2 2026 earnings at $0.43 EPS and Q3 2026 earnings at $0.51 EPS.

Viper Energy (NASDAQ:VNOM - Get Free Report) last posted its earnings results on Monday, November 4th. The oil and gas producer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. The firm had revenue of $209.59 million for the quarter, compared to analyst estimates of $210.54 million. During the same period last year, the company earned $1.10 earnings per share. Viper Energy's revenue for the quarter was down 28.5% compared to the same quarter last year.

A number of other research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Viper Energy from $41.00 to $44.00 and gave the company an "overweight" rating in a report on Wednesday, October 2nd. Roth Mkm lifted their price target on Viper Energy from $46.00 to $53.00 and gave the company a "buy" rating in a research note on Wednesday, October 16th. TD Securities boosted their price target on shares of Viper Energy from $46.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday, September 12th. Raymond James upped their price objective on shares of Viper Energy from $58.00 to $62.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. Finally, StockNews.com lowered shares of Viper Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $55.78.

Viper Energy Stock Performance

Shares of NASDAQ:VNOM traded down $0.32 during trading on Wednesday, hitting $53.94. 597,259 shares of the stock traded hands, compared to its average volume of 1,076,850. The company has a quick ratio of 7.24, a current ratio of 7.24 and a debt-to-equity ratio of 0.25. The company has a fifty day moving average price of $51.10 and a two-hundred day moving average price of $44.72. Viper Energy has a 52-week low of $29.03 and a 52-week high of $56.76. The company has a market cap of $10.16 billion, a price-to-earnings ratio of 23.15 and a beta of 1.72.

Institutional Trading of Viper Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in VNOM. Farther Finance Advisors LLC raised its holdings in Viper Energy by 328.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 587 shares of the oil and gas producer's stock valued at $26,000 after buying an additional 450 shares during the period. GAMMA Investing LLC raised its stake in shares of Viper Energy by 208.1% in the 3rd quarter. GAMMA Investing LLC now owns 681 shares of the oil and gas producer's stock valued at $31,000 after acquiring an additional 460 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Viper Energy in the 2nd quarter worth approximately $36,000. National Bank of Canada FI boosted its position in shares of Viper Energy by 524.8% during the 3rd quarter. National Bank of Canada FI now owns 1,387 shares of the oil and gas producer's stock worth $63,000 after purchasing an additional 1,165 shares during the period. Finally, Plato Investment Management Ltd boosted its position in shares of Viper Energy by 119.2% during the 2nd quarter. Plato Investment Management Ltd now owns 2,834 shares of the oil and gas producer's stock worth $106,000 after purchasing an additional 1,541 shares during the period. Institutional investors and hedge funds own 87.72% of the company's stock.

Viper Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Thursday, November 14th. Viper Energy's payout ratio is currently 51.50%.

Viper Energy Company Profile

Viper Energy, Inc owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc in November 2023.