Berry FY2026 EPS Estimate Boosted by Capital One Financial

Berry Co. (NASDAQ:BRY) – Research analysts at Capital One Financial boosted their FY2026 earnings per share (EPS) estimates for Berry in a report issued on Wednesday, January 8th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $0.48 for the year, up from their previous estimate 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 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 for the quarter, compared to the consensus estimate of $186.67 million. During the same quarter in the previous year, the business earned $0.15 earnings per share. Berry’s revenue was up 31.3% compared to the same quarter last year.

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

Berry Price Performance

Shares of NASDAQ:BRY opened at $4.55 on Friday. Berry has a 1-year low of $3.72 and a 1-year high of $8.88. The business has a fifty day moving average price of $4.26 and a 200-day moving average price of $5.34. The company has a market capitalization of $350.07 million, a PE ratio of 4.21 and a beta of 1.64. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80.

Berry Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Friday, November 15th were issued a $0.03 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.12 dividend on an annualized basis and a yield of 2.64%. Berry’s dividend payout ratio is presently 11.11%.

Institutional Trading of Berry

A number of large investors have recently added to or reduced their stakes in BRY. Bank of New York Mellon Corp increased its stake in Berry by 6.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,083,372 shares of the energy company’s stock worth $6,999,000 after acquiring an additional 62,573 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Berry by 39.1% during the 2nd quarter. Victory Capital Management Inc. now owns 260,111 shares of the energy company’s stock valued at $1,680,000 after purchasing an additional 73,064 shares during the last quarter. Arizona State Retirement System increased its position in shares of Berry by 9.3% during the 2nd quarter. Arizona State Retirement System now owns 20,462 shares of the energy company’s stock valued at $132,000 after purchasing an additional 1,747 shares during the last quarter. American Century Companies Inc. increased its position in shares of Berry by 23.6% during the 2nd quarter. American Century Companies Inc. now owns 1,664,292 shares of the energy company’s stock valued at $10,751,000 after purchasing an additional 318,223 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its position 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 valued at $47,000 after purchasing an additional 2,186 shares during the last quarter. Institutional investors 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.