Q4 EPS Estimates for Viper Energy Reduced by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Stock analysts at Zacks Research lowered their Q4 2024 EPS estimates for Viper Energy in a research report issued on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the oil and gas producer will earn $0.32 per share for the quarter, down from their previous estimate of $0.33. The consensus estimate for Viper Energy’s current full-year earnings is $2.01 per share. Zacks Research also issued estimates for Viper Energy’s Q1 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.43 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.61 EPS and FY2026 earnings at $2.15 EPS.

A number of other equities analysts have also issued reports on the stock. Bank of America started coverage on shares of Viper Energy in a research report on Tuesday, November 26th. They set a “buy” rating and a $64.00 price target for the company. Raymond James lifted their target price on shares of Viper Energy from $58.00 to $62.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Piper Sandler cut their target price on shares of Viper Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. JPMorgan Chase & Co. lifted their target price on shares of Viper Energy from $43.00 to $51.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Finally, Barclays lifted their target price on shares of Viper Energy from $52.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating and eleven 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 a consensus price target of $59.36.

Viper Energy Stock Performance

VNOM opened at $49.65 on Thursday. Viper Energy has a 12-month low of $30.21 and a 12-month high of $56.76. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $9.35 billion, a PE ratio of 21.31 and a beta of 1.73. The firm has a 50 day moving average of $51.52 and a two-hundred day moving average of $47.58.

Viper Energy (NASDAQ:VNOM) last posted its quarterly earnings results on Monday, November 4th. The oil and gas producer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Viper Energy had a net margin of 24.65% and a return on equity of 6.72%. The company had revenue of $209.59 million during the quarter, compared to analyst estimates of $210.54 million. During the same period last year, the firm posted $1.10 EPS. Viper Energy’s revenue for the quarter was down 28.5% compared to the same quarter last year.

Institutional Investors Weigh In On Viper Energy

A number of institutional investors have recently added to or reduced their stakes in VNOM. Fulcrum Equity Management boosted its stake in Viper Energy by 4.1% during the 3rd quarter. Fulcrum Equity Management now owns 9,543 shares of the oil and gas producer’s stock worth $430,000 after purchasing an additional 375 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Viper Energy by 328.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 587 shares of the oil and gas producer’s stock worth $26,000 after purchasing an additional 450 shares during the last quarter. Arizona State Retirement System boosted its stake in Viper Energy by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 22,600 shares of the oil and gas producer’s stock worth $848,000 after purchasing an additional 453 shares during the last quarter. Andina Capital Management LLC boosted its stake in Viper Energy by 3.8% during the 3rd quarter. Andina Capital Management LLC now owns 12,612 shares of the oil and gas producer’s stock worth $569,000 after purchasing an additional 459 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Viper Energy by 208.1% during the 3rd quarter. GAMMA Investing LLC now owns 681 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 460 shares during the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

Viper Energy Dividend Announcement

The business also recently declared 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 was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 2.42%. Viper Energy’s dividend payout ratio is currently 51.50%.

Viper Energy Company Profile

Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.