NYSE:GRNT Granite Ridge Resources (GRNT) Stock Price, News & Analysis $4.89 -0.70 (-12.43%) Closing price 03:58 PM EasternExtended Trading$4.97 +0.08 (+1.53%) As of 07:33 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Granite Ridge Resources Stock (NYSE:GRNT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GRNT alerts:Sign Up Key Stats Today's Range$4.88▼$5.4050-Day Range$4.90▼$6.4052-Week Range$4.89▼$7.10Volume917,666 shsAverage Volume471,944 shsMarket Capitalization$640.33 millionP/E Ratio13.60Dividend Yield8.99%Price Target$7.70Consensus RatingModerate Buy Company OverviewGranite Ridge Resources, Inc. operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc. is based in Dallas, Texas.Read More… Remove Ads Granite Ridge Resources Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks87th Percentile Overall ScoreGRNT MarketRank™: Granite Ridge Resources scored higher than 87% of companies evaluated by MarketBeat, and ranked 52nd out of 273 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.3 / 5Analyst RatingModerate Buy Consensus RatingGranite Ridge Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageGranite Ridge Resources has only been the subject of 2 research reports in the past 90 days.Read more about Granite Ridge Resources' stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth36.54% Earnings GrowthEarnings for Granite Ridge Resources are expected to grow by 36.54% in the coming year, from $0.52 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Ridge Resources is 13.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Ridge Resources is 13.60, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 41.74.Price to Earnings Growth RatioGranite Ridge Resources has a PEG Ratio of 1.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGranite Ridge Resources has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Granite Ridge Resources' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.45% of the float of Granite Ridge Resources has been sold short.Short Interest Ratio / Days to CoverGranite Ridge Resources has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Granite Ridge Resources has recently decreased by 8.16%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipGranite Ridge Resources is a leading dividend payer. It pays a dividend yield of 7.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Ridge Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Granite Ridge Resources is 314.29%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Granite Ridge Resources will have a dividend payout ratio of 61.97% next year. This indicates that Granite Ridge Resources will be able to sustain or increase its dividend.Read more about Granite Ridge Resources' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted5.45% of the float of Granite Ridge Resources has been sold short.Short Interest Ratio / Days to CoverGranite Ridge Resources has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Granite Ridge Resources has recently decreased by 8.16%, indicating that investor sentiment is improving significantly. News and Social Media3.2 / 5News Sentiment0.73 News SentimentGranite Ridge Resources has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Granite Ridge Resources this week, compared to 2 articles on an average week.Search Interest11 people have searched for GRNT on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.MarketBeat Follows8 people have added Granite Ridge Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, Granite Ridge Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,243.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Granite Ridge Resources is held by insiders.Percentage Held by InstitutionsOnly 31.56% of the stock of Granite Ridge Resources is held by institutions.Read more about Granite Ridge Resources' insider trading history. Receive GRNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Granite Ridge Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address GRNT Stock News HeadlinesGranite Ridge Resources, Inc. (NYSE:GRNT) Receives $7.70 Consensus Target Price from BrokeragesApril 4 at 1:12 AM | americanbankingnews.comAnalysts Set Expectations for GRNT FY2026 EarningsMarch 28, 2025 | americanbankingnews.comTrump to redistribute trillions of dollars Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to move your money now.April 4, 2025 | Porter & Company (Ad)Capital One Financial Comments on GRNT Q1 EarningsMarch 27, 2025 | americanbankingnews.comGranite Ridge Resources, Inc.'s (NYSE:GRNT) largest shareholders are private equity firms with 48% ownership, institutions own 30%March 24, 2025 | finance.yahoo.comGranite Ridge Resources Full Year 2024 Earnings: Revenues Beat Expectations, EPS LagsMarch 8, 2025 | finance.yahoo.comGranite Ridge Resources, Inc (NYSE:GRNT) Q4 2024 Earnings Call TranscriptMarch 8, 2025 | msn.comGranite Ridge Resources Inc (GRNT) Q4 2024 Earnings Call Highlights: Record Production and ...March 8, 2025 | finance.yahoo.comSee More Headlines GRNT Stock Analysis - Frequently Asked Questions How have GRNT shares performed this year? Granite Ridge Resources' stock was trading at $6.46 at the start of the year. Since then, GRNT stock has decreased by 24.2% and is now trading at $4.8950. View the best growth stocks for 2025 here. How were Granite Ridge Resources' earnings last quarter? Granite Ridge Resources, Inc. (NYSE:GRNT) announced its quarterly earnings data on Thursday, November, 7th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $94.08 million for the quarter, compared to the consensus estimate of $96.35 million. Granite Ridge Resources had a trailing twelve-month return on equity of 11.58% and a net margin of 12.59%. How do I buy shares of Granite Ridge Resources? Shares of GRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Granite Ridge Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that Granite Ridge Resources investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Advanced Micro Devices (AMD). Company Calendar Last Earnings11/07/2024Record date for 3/14 Dividend2/28/2025Ex-Dividend for 3/14 Dividend2/28/2025Dividend Payable3/14/2025Today4/04/2025Next Earnings (Estimated)5/08/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:GRNT CIK1928446 Webwww.graniteridge.com Phone214-396-2850FaxN/AEmployees1Year FoundedN/APrice Target and Rating Average Stock Price Target$7.70 High Stock Price Target$8.80 Low Stock Price Target$7.00 Potential Upside/Downside+54.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio13.85 Forward P/E Ratio9.57 P/E Growth1.29Net Income$81.10 million Net Margins12.59% Pretax Margin16.60% Return on Equity11.58% Return on Assets7.89% Debt Debt-to-Equity Ratio0.30 Current Ratio1.56 Quick Ratio1.56 Sales & Book Value Annual Sales$380.03 million Price / Sales1.71 Cash Flow$1.57 per share Price / Cash Flow3.17 Book Value$5.05 per share Price / Book0.99Miscellaneous Outstanding Shares130,813,000Free Float128,260,000Market Cap$651.06 million OptionableOptionable Beta0.23 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. 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