Berry FY2026 EPS Estimate Lifted by Capital One Financial

Berry Co. (NASDAQ:BRY) – Research analysts at Capital One Financial raised their FY2026 EPS estimates for Berry in a note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now forecasts that the energy company will post earnings of $0.48 per share for the year, up from their prior forecast of $0.45. The consensus estimate for Berry’s current full-year earnings is $0.60 per share.

Berry (NASDAQ:BRY) last issued its quarterly earnings results on Thursday, November 7th. The energy company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Berry had a return on equity of 6.50% and a net margin of 9.40%. The company had revenue of $259.80 million for the quarter, compared to analyst estimates of $186.67 million. During the same period last year, the company posted $0.15 EPS. The business’s revenue for the quarter was up 31.3% on a year-over-year basis.

Separately, Piper Sandler decreased their target price on shares of Berry from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Monday, November 18th.

Berry Price Performance

BRY opened at $4.77 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54. Berry has a 52-week low of $3.72 and a 52-week high of $8.88. The company has a 50 day moving average of $4.26 and a two-hundred day moving average of $5.33. The company has a market cap of $367.00 million, a P/E ratio of 4.42 and a beta of 1.64.

Hedge Funds Weigh In On Berry

Several large investors have recently made changes to their positions in BRY. Bank of New York Mellon Corp boosted its position in shares of Berry by 6.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,083,372 shares of the energy company’s stock valued at $6,999,000 after purchasing an additional 62,573 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Berry by 39.1% in the second quarter. Victory Capital Management Inc. now owns 260,111 shares of the energy company’s stock worth $1,680,000 after buying an additional 73,064 shares during the period. Arizona State Retirement System boosted its holdings in shares of Berry by 9.3% in the second quarter. Arizona State Retirement System now owns 20,462 shares of the energy company’s stock worth $132,000 after buying an additional 1,747 shares during the period. American Century Companies Inc. boosted its holdings in shares of Berry by 23.6% in the second quarter. American Century Companies Inc. now owns 1,664,292 shares of the energy company’s stock worth $10,751,000 after buying an additional 318,223 shares during the period. Finally, Meeder Asset Management Inc. boosted its holdings in shares of Berry by 43.5% in the second quarter. Meeder Asset Management Inc. now owns 7,212 shares of the energy company’s stock worth $47,000 after buying an additional 2,186 shares during the period. Institutional investors own 94.88% of the company’s stock.

Berry Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, November 15th were given a dividend of $0.03 per share. The ex-dividend date was Friday, November 15th. This represents a $0.12 annualized dividend and a dividend yield of 2.52%. Berry’s dividend payout ratio (DPR) is 11.11%.

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.