Berry FY2026 EPS Estimate Boosted by Capital One Financial

Berry Co. (NASDAQ:BRY) – Capital One Financial upped their FY2026 earnings per share (EPS) estimates for Berry in a research report issued on Tuesday, March 18th. Capital One Financial analyst B. Velie now expects that the energy company will earn $0.56 per share for the year, up from their previous forecast of $0.48. The consensus estimate for Berry’s current full-year earnings is $0.58 per share.

Berry (NASDAQ:BRY) last posted its quarterly earnings results on Wednesday, March 12th. The energy company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.09. The firm had revenue of $167.06 million for the quarter, compared to analyst estimates of $173.00 million. Berry had a return on equity of 6.50% and a net margin of 9.40%.

Berry Trading Up 0.6 %

Berry stock opened at $3.43 on Wednesday. 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 12 month low of $3.06 and a 12 month high of $8.88. The company’s fifty day simple moving average is $4.23 and its 200-day simple moving average is $4.57. The stock has a market cap of $263.90 million, a P/E ratio of 3.18 and a beta of 1.67.

Berry Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Saturday, March 22nd will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date is Friday, March 21st. Berry’s dividend payout ratio (DPR) is presently 48.00%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Victory Capital Management Inc. grew its stake in Berry by 48.5% in the 3rd quarter. Victory Capital Management Inc. now owns 386,286 shares of the energy company’s stock valued at $1,986,000 after buying an additional 126,175 shares during the last quarter. Empowered Funds LLC grew its position in shares of Berry by 5.3% in the third quarter. Empowered Funds LLC now owns 388,012 shares of the energy company’s stock valued at $1,994,000 after purchasing an additional 19,698 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of Berry during the 3rd quarter worth about $126,000. Massachusetts Financial Services Co. MA boosted its stake in Berry by 34.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 357,725 shares of the energy company’s stock valued at $1,839,000 after purchasing an additional 91,642 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Berry by 6.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,452,032 shares of the energy company’s stock valued at $7,463,000 after buying an additional 91,254 shares during the last quarter. Institutional investors and hedge funds own 94.88% of the company’s stock.

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.