Zacks Research Predicts Higher Earnings for Viper Energy

Viper Energy, Inc. (NASDAQ:VNOM) – Analysts at Zacks Research lifted their FY2024 earnings estimates for shares of Viper Energy in a research report issued on Monday, November 25th. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings of $1.95 per share for the year, up from their prior forecast of $1.84. 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 2026 earnings at $0.37 EPS and FY2026 earnings at $1.84 EPS.

Other analysts have also recently issued reports about the company. Barclays upped their target price on Viper Energy from $52.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Piper Sandler upped their price objective on shares of Viper Energy from $61.00 to $64.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Bank of America began coverage on shares of Viper Energy in a research report on Tuesday. They set a “buy” rating and a $64.00 price objective for the company. TD Securities boosted their target price on shares of Viper Energy from $46.00 to $48.00 and gave the company a “buy” rating in a report on Thursday, September 12th. Finally, JPMorgan Chase & Co. upped their target price on Viper Energy from $41.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Viper Energy currently has an average rating of “Moderate Buy” and an average price target of $55.78.

Viper Energy Trading Down 0.6 %

Shares of VNOM stock opened at $53.94 on Thursday. Viper Energy has a 1-year low of $29.03 and a 1-year 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 stock has a market cap of $10.16 billion, a price-to-earnings ratio of 23.15 and a beta of 1.72. The stock has a 50-day moving average of $51.10 and a 200-day moving average of $44.72.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its position in shares of Viper Energy by 328.5% during the third 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 period. GAMMA Investing LLC increased 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 valued at $31,000 after purchasing an additional 460 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Viper Energy during the second quarter worth $36,000. National Bank of Canada FI lifted its stake in shares of Viper Energy by 524.8% in the third quarter. National Bank of Canada FI now owns 1,387 shares of the oil and gas producer’s stock valued at $63,000 after buying an additional 1,165 shares in the last quarter. Finally, Plato Investment Management Ltd grew its holdings in shares of Viper Energy by 119.2% during the second quarter. Plato Investment Management Ltd now owns 2,834 shares of the oil and gas producer’s stock valued at $106,000 after buying an additional 1,541 shares during the last quarter. Institutional investors own 87.72% of the company’s stock.

Viper Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date was Thursday, November 14th. Viper Energy’s dividend payout ratio (DPR) is currently 51.50%.

About Viper Energy

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.