FY2025 EPS Estimates for Berry Co. Reduced by Capital One Financial (NASDAQ:BRY)

Berry Co. (NASDAQ:BRY) – Research analysts at Capital One Financial dropped their FY2025 earnings per share estimates for Berry in a report issued on Tuesday, September 17th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $0.96 for the year, down from their prior estimate of $1.36. The consensus estimate for Berry’s current full-year earnings is $0.61 per share. Capital One Financial also issued estimates for Berry’s FY2026 earnings at $0.19 EPS.

Separately, Piper Sandler decreased their price target on shares of Berry from $8.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th.

Berry Trading Up 0.5 %

BRY stock opened at $5.52 on Friday. The stock has a market cap of $424.70 million, a price-to-earnings ratio of 552.00 and a beta of 1.73. The company has a fifty day moving average price of $6.18 and a two-hundred day moving average price of $6.94. Berry has a one year low of $5.09 and a one year high of $8.91. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.62 and a quick ratio of 0.62.

Berry (NASDAQ:BRY) last issued its earnings results on Friday, August 9th. The energy company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). Berry had a positive return on equity of 6.69% and a negative net margin of 4.19%. The business had revenue of $197.80 million for the quarter, compared to the consensus estimate of $187.38 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business’s revenue was down 13.8% compared to the same quarter last year.

Berry Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 23rd were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date was Friday, August 23rd. Berry’s dividend payout ratio is 4,800.00%.

Insiders Place Their Bets

In other news, CEO Fernando Araujo sold 33,950 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $6.22, for a total value of $211,169.00. Following the completion of the sale, the chief executive officer now owns 253,045 shares of the company’s stock, valued at $1,573,939.90. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Berry

Several institutional investors have recently made changes to their positions in BRY. Federated Hermes Inc. bought a new stake in shares of Berry during the 2nd quarter valued at $25,000. Quadrant Capital Group LLC lifted its position in Berry by 211.9% during the fourth quarter. Quadrant Capital Group LLC now owns 3,905 shares of the energy company’s stock worth $27,000 after purchasing an additional 2,653 shares during the period. Gladius Capital Management LP acquired a new stake in Berry during the second quarter worth about $27,000. CWM LLC raised its position in shares of Berry by 287.4% in the 2nd quarter. CWM LLC now owns 4,560 shares of the energy company’s stock valued at $29,000 after buying an additional 3,383 shares in the last quarter. Finally, Viking Fund Management LLC bought a new stake in shares of Berry during the 1st quarter worth approximately $40,000. 94.88% of the stock is currently owned by institutional investors.

Berry Company Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company’s principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.