Viper Energy, Inc. (NASDAQ:VNOM - Free Report) - Stock analysts at Zacks Research reduced their Q4 2024 EPS estimates for Viper Energy in a research note issued to investors on Tuesday, January 7th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings of $0.32 per share for the quarter, down from their prior estimate of $0.33. The consensus estimate for Viper Energy's current full-year earnings is $2.01 per share. Zacks Research also issued estimates for Viper Energy's Q1 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.43 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.61 EPS and FY2026 earnings at $2.15 EPS.
A number of other analysts have also recently issued reports on the company. StockNews.com cut Viper Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, November 5th. The Goldman Sachs Group assumed coverage on shares of Viper Energy in a report on Monday, December 2nd. They issued a "buy" rating and a $70.00 price target on the stock. TD Securities raised their price objective 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. Evercore ISI upped their target price on shares of Viper Energy from $45.00 to $58.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Piper Sandler cut their price target on shares of Viper Energy from $64.00 to $63.00 and set an "overweight" rating for the company in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $59.36.
View Our Latest Analysis on Viper Energy
Viper Energy Stock Performance
VNOM traded up $0.13 on Thursday, hitting $50.20. 924,323 shares of the stock traded hands, compared to its average volume of 704,905. The business has a fifty day moving average price of $51.57 and a two-hundred day moving average price of $47.49. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25. Viper Energy has a 52 week low of $30.21 and a 52 week high of $56.76. The firm has a market capitalization of $9.46 billion, a PE ratio of 21.55 and a beta of 1.73.
Viper Energy (NASDAQ:VNOM - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Viper Energy had a net margin of 24.65% and a return on equity of 6.72%. The company had revenue of $209.59 million for the quarter, compared to the consensus estimate of $210.54 million. During the same quarter in the previous year, the firm posted $1.10 EPS. The business's revenue was down 28.5% compared to the same quarter last year.
Viper Energy Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 2.39%. Viper Energy's dividend payout ratio is 51.50%.
Hedge Funds Weigh In On Viper Energy
A number of institutional investors and hedge funds have recently bought and sold shares of VNOM. Farther Finance Advisors LLC raised its holdings in shares of Viper Energy by 328.5% in the third 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 last quarter. GAMMA Investing LLC increased its position in 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 in the last quarter. National Bank of Canada FI raised its stake in shares of Viper Energy by 524.8% in the third quarter. National Bank of Canada FI now owns 1,387 shares of the oil and gas producer's stock worth $63,000 after acquiring an additional 1,165 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of Viper Energy during the fourth quarter worth approximately $94,000. Finally, Plato Investment Management Ltd grew its stake in shares of Viper Energy by 119.2% during the second quarter. Plato Investment Management Ltd now owns 2,834 shares of the oil and gas producer's stock valued at $106,000 after purchasing an additional 1,541 shares during the last quarter. Institutional investors and hedge funds own 87.72% of the company's stock.
Viper Energy Company Profile
(
Get Free Report)
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.
See Also
Before you consider Viper Energy, 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 Viper Energy wasn't on the list.
While Viper Energy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
