Analysts Set Expectations for Veren’s Q1 Earnings (NYSE:VRN)

Veren Inc. (NYSE:VRN) – Analysts at Atb Cap Markets upped their Q1 2025 earnings estimates for shares of Veren in a research report issued to clients and investors on Friday, November 1st. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.20. The consensus estimate for Veren’s current full-year earnings is $0.97 per share. Atb Cap Markets also issued estimates for Veren’s Q2 2025 earnings at $0.24 EPS.

A number of other equities research analysts have also recently commented on the stock. Royal Bank of Canada decreased their target price on shares of Veren from $12.00 to $10.00 and set an “outperform” rating on the stock in a research note on Friday. Raymond James started coverage on shares of Veren in a research note on Friday, October 18th. They set a “strong-buy” rating and a $13.00 target price on the stock. Finally, Scotiabank cut their price objective on shares of Veren from $16.00 to $15.00 and set a “sector outperform” rating for the company in a report on Friday, July 12th.

Veren Trading Down 3.7 %

NYSE VRN opened at $4.97 on Monday. Veren has a 12 month low of $4.90 and a 12 month high of $9.28. The company has a market cap of $3.06 billion, a PE ratio of 3.55 and a beta of 2.17. The business’s 50 day moving average price is $6.39. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.49 and a current ratio of 0.49.

Institutional Investors Weigh In On Veren

A number of institutional investors have recently added to or reduced their stakes in the stock. Easterly Investment Partners LLC grew its holdings in Veren by 15.0% during the 3rd quarter. Easterly Investment Partners LLC now owns 452,380 shares of the company’s stock valued at $2,782,000 after buying an additional 59,035 shares in the last quarter. Olympiad Research LP grew its holdings in shares of Veren by 36.2% in the third quarter. Olympiad Research LP now owns 29,088 shares of the company’s stock valued at $179,000 after purchasing an additional 7,724 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Veren by 19.3% in the third quarter. Principal Financial Group Inc. now owns 4,038,140 shares of the company’s stock valued at $24,899,000 after purchasing an additional 653,300 shares in the last quarter. Capital Management Corp VA grew its holdings in shares of Veren by 92.1% in the third quarter. Capital Management Corp VA now owns 3,124,775 shares of the company’s stock valued at $19,217,000 after purchasing an additional 1,498,544 shares in the last quarter. Finally, Intact Investment Management Inc. grew its holdings in shares of Veren by 46.7% in the third quarter. Intact Investment Management Inc. now owns 5,458,686 shares of the company’s stock valued at $33,624,000 after purchasing an additional 1,737,840 shares in the last quarter. 49.37% of the stock is owned by hedge funds and other institutional investors.

Veren Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Sunday, December 15th will be issued a dividend of $0.085 per share. This is a positive change from Veren’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 6.84%. The ex-dividend date is Friday, December 13th. Veren’s dividend payout ratio (DPR) is 24.29%.

Veren Company Profile

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.