Q4 EPS Estimates for Viper Energy Cut by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Equities researchers at Zacks Research reduced their Q4 2024 earnings per share (EPS) estimates for shares of Viper Energy in a research note issued on Tuesday, January 7th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $0.32 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.

Viper Energy (NASDAQ:VNOM) last posted its earnings results on Monday, November 4th. The oil and gas producer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $209.59 million during 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 quarterly revenue was down 28.5% on a year-over-year basis. During the same period last year, the company posted $1.10 earnings per share.

Several other research firms have also recently weighed in on VNOM. The Goldman Sachs Group initiated coverage on Viper Energy in a report on Monday, December 2nd. They set a “buy” rating and a $70.00 price target for the company. StockNews.com downgraded shares of Viper Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. Truist Financial boosted their target price on shares of Viper Energy from $57.00 to $64.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Evercore ISI lifted their target price on Viper Energy from $45.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Bank of America initiated coverage on Viper Energy in a report on Tuesday, November 26th. They set a “buy” rating and a $64.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Viper Energy presently has a consensus rating of “Moderate Buy” and an average target price of $59.36.

Viper Energy Trading Up 0.3 %

Shares of Viper Energy stock opened at $50.20 on Thursday. Viper Energy has a twelve month low of $30.21 and a twelve month high of $56.76. The company has a quick ratio of 7.24, a current ratio of 7.24 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $51.60 and a 200-day moving average price of $47.48. The firm has a market cap of $9.46 billion, a price-to-earnings ratio of 21.55 and a beta of 1.73.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. bought a new stake in Viper Energy during the 2nd quarter valued at $268,000. Commonwealth Equity Services LLC boosted its position in Viper Energy by 33.3% during the second quarter. Commonwealth Equity Services LLC now owns 18,606 shares of the oil and gas producer’s stock valued at $698,000 after purchasing an additional 4,653 shares in the last quarter. Rhumbline Advisers bought a new position in Viper Energy in the second quarter worth about $3,076,000. Victory Capital Management Inc. bought a new position in Viper Energy in the second quarter worth about $1,081,000. Finally, Arizona State Retirement System lifted its position in shares of Viper Energy by 2.0% during the second quarter. Arizona State Retirement System now owns 22,600 shares of the oil and gas producer’s stock valued at $848,000 after buying an additional 453 shares during the last quarter. Hedge funds and other 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 issued a $0.30 dividend. The ex-dividend date was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.39%. Viper Energy’s payout ratio is 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.