Capital One Financial Predicts GRNT Q1 Earnings

Granite Ridge Resources, Inc. (NYSE:GRNT) – Equities researchers at Capital One Financial upped their Q1 2025 earnings estimates for Granite Ridge Resources in a research report issued on Monday, November 18th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $0.10 for the quarter, up from their prior estimate of $0.08. The consensus estimate for Granite Ridge Resources’ current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Granite Ridge Resources’ Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.41 EPS and FY2026 earnings at $0.51 EPS.

Separately, Evercore ISI lowered their target price on shares of Granite Ridge Resources from $8.00 to $7.00 and set an “in-line” rating on the stock in a research note on Monday, September 30th.

Granite Ridge Resources Price Performance

Shares of GRNT opened at $6.61 on Thursday. The firm has a market cap of $864.19 million, a PE ratio of 18.36, a P/E/G ratio of 1.72 and a beta of 0.19. Granite Ridge Resources has a 1-year low of $5.20 and a 1-year high of $7.10. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.30. The firm has a fifty day simple moving average of $6.18 and a two-hundred day simple moving average of $6.33.

Granite Ridge Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.11 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.44 dividend on an annualized basis and a yield of 6.66%. Granite Ridge Resources’s dividend payout ratio is currently 122.23%.

Insider Buying and Selling at Granite Ridge Resources

In other Granite Ridge Resources news, CFO Tyler Farquharson acquired 5,000 shares of the stock in a transaction dated Wednesday, September 11th. The stock was acquired at an average cost of $5.95 per share, with a total value of $29,750.00. Following the transaction, the chief financial officer now owns 81,723 shares in the company, valued at $486,251.85. The trade was a 6.52 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Matthew Reade Miller purchased 8,500 shares of Granite Ridge Resources stock in a transaction dated Wednesday, September 11th. The stock was acquired at an average cost of $5.97 per share, with a total value of $50,745.00. Following the completion of the acquisition, the director now directly owns 692,496 shares in the company, valued at approximately $4,134,201.12. This trade represents a 1.24 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 43,168 shares of company stock valued at $273,362. 1.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Granite Ridge Resources

Large investors have recently made changes to their positions in the company. CWM LLC raised its stake in Granite Ridge Resources by 4,228.0% in the second quarter. CWM LLC now owns 10,214 shares of the company’s stock valued at $65,000 after buying an additional 9,978 shares during the period. Ground Swell Capital LLC bought a new stake in shares of Granite Ridge Resources during the 3rd quarter worth approximately $66,000. nVerses Capital LLC acquired a new position in shares of Granite Ridge Resources during the 2nd quarter worth $99,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Granite Ridge Resources by 20.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,876 shares of the company’s stock worth $100,000 after acquiring an additional 2,709 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Granite Ridge Resources by 52.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 23,206 shares of the company’s stock valued at $147,000 after purchasing an additional 7,965 shares in the last quarter. Institutional investors own 31.56% of the company’s stock.

Granite Ridge Resources Company Profile

Granite 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.