Q1 EPS Estimates for Berry Lifted by Capital One Financial

Berry Co. (NASDAQ:BRY) – Analysts at Capital One Financial raised their Q1 2025 earnings estimates for Berry in a research note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the energy company will earn $0.17 per share for the quarter, up from their prior estimate of $0.13. The consensus estimate for Berry’s current full-year earnings is $0.60 per share. Capital One Financial also issued estimates for Berry’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.76 EPS.

Berry (NASDAQ:BRY) last announced its earnings results on Thursday, November 7th. The energy company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Berry had a net margin of 9.40% and a return on equity of 6.50%. The company had revenue of $259.80 million during the quarter, compared to analysts’ expectations of $186.67 million. During the same quarter last year, the business posted $0.15 earnings per share. The company’s revenue for the quarter was up 31.3% compared to the same quarter last year.

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

Berry Stock Performance

Shares of BRY opened at $4.77 on Monday. Berry has a 1 year low of $3.72 and a 1 year high of $8.88. The stock has a market capitalization of $367.00 million, a P/E ratio of 4.42 and a beta of 1.64. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. The company’s fifty day moving average is $4.26 and its two-hundred day moving average is $5.32.

Berry Cuts Dividend

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

Hedge Funds Weigh In On Berry

Institutional investors and hedge funds have recently made changes to their positions in the stock. Federated Hermes Inc. acquired a new position in Berry during the second quarter worth $25,000. Meeder Asset Management Inc. raised its stake in shares of Berry by 43.5% during the 2nd 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 last quarter. McIlrath & Eck LLC purchased a new stake in shares of Berry in the 3rd quarter worth about $47,000. Quarry LP increased its holdings in Berry by 390.6% during the 3rd quarter. Quarry LP now owns 12,643 shares of the energy company’s stock valued at $65,000 after acquiring an additional 10,066 shares in the last quarter. Finally, FMR LLC raised its position in Berry by 40.9% during the third quarter. FMR LLC now owns 17,606 shares of the energy company’s stock worth $90,000 after acquiring an additional 5,115 shares during the last quarter. 94.88% of the stock is owned by institutional investors and hedge funds.

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.