Q4 EPS Estimates for Viper Energy Lowered by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Equities research analysts at Zacks Research dropped their Q4 2024 EPS estimates for shares of Viper Energy in a note issued to investors on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings of $0.33 per share for the quarter, down from their previous estimate of $0.35. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Viper Energy’s Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.39 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.53 EPS, Q2 2026 earnings at $0.43 EPS and Q3 2026 earnings at $0.51 EPS.

Several other analysts have also weighed in on the company. Barclays raised their price objective on Viper Energy from $52.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Truist Financial lifted their price target on shares of Viper Energy from $57.00 to $64.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. upped their price objective on shares of Viper Energy from $41.00 to $44.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Raymond James raised their target price on shares of Viper Energy from $58.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Finally, Roth Mkm upped their price target on shares of Viper Energy from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Viper Energy currently has a consensus rating of “Moderate Buy” and an average price target of $55.78.

Viper Energy Trading Down 0.6 %

Shares of VNOM opened at $53.94 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 7.24 and a current ratio of 7.24. Viper Energy has a 52-week low of $29.03 and a 52-week high of $56.76. The firm has a market cap of $10.16 billion, a price-to-earnings ratio of 23.15 and a beta of 1.72. The business’s fifty day moving average is $51.27 and its 200-day moving average is $44.79.

Viper Energy (NASDAQ:VNOM) last announced its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Viper Energy had a net margin of 24.65% and a return on equity of 6.72%. The business had revenue of $209.59 million during the quarter, compared to the consensus estimate of $210.54 million. During the same period in the previous year, the business earned $1.10 earnings per share. The company’s revenue was down 28.5% on a year-over-year basis.

Viper Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.22%. Viper Energy’s dividend payout ratio is 51.50%.

Institutional Investors Weigh In On Viper Energy

A number of institutional investors have recently made changes to their positions in VNOM. Vanguard Group Inc. raised its position in shares of Viper Energy by 23.3% during the first quarter. Vanguard Group Inc. now owns 8,481,119 shares of the oil and gas producer’s stock worth $326,184,000 after acquiring an additional 1,603,333 shares during the last quarter. State Street Corp increased its position in Viper Energy by 78.2% during the 3rd quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer’s stock valued at $172,918,000 after purchasing an additional 1,682,183 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Viper Energy by 12.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,085,841 shares of the oil and gas producer’s stock worth $78,282,000 after purchasing an additional 224,021 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Viper Energy by 16.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,698,661 shares of the oil and gas producer’s stock worth $76,647,000 after purchasing an additional 234,048 shares during the period. Finally, Merewether Investment Management LP boosted its stake in shares of Viper Energy by 22.9% in the 3rd quarter. Merewether Investment Management LP now owns 860,600 shares of the oil and gas producer’s stock valued at $38,822,000 after purchasing an additional 160,600 shares during the last quarter. Institutional investors own 87.72% of the company’s stock.

Viper Energy Company Profile

Viper Energy, Inc owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc in November 2023.