FY2025 Earnings Estimate for Viper Energy, Inc. (NASDAQ:VNOM) Issued By Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Zacks Research lowered their FY2025 EPS estimates for Viper Energy in a note issued to investors on Tuesday, October 8th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings per share of $1.67 for the year, down from their prior forecast of $1.68. The consensus estimate for Viper Energy’s current full-year earnings is $1.99 per share.

A number of other research firms also recently weighed in on VNOM. JPMorgan Chase & Co. raised their price target 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. Piper Sandler raised their price target on shares of Viper Energy from $44.00 to $57.00 and gave the stock an “overweight” rating in a research report on Thursday, August 15th. Truist Financial decreased their price objective on shares of Viper Energy from $55.00 to $54.00 and set a “buy” rating for the company in a report on Monday, September 30th. Evercore ISI lifted their price objective on shares of Viper Energy from $37.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, July 8th. Finally, Barclays lifted their price objective on shares of Viper Energy from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $47.43.

Viper Energy Stock Down 0.7 %

VNOM stock opened at $50.45 on Thursday. Viper Energy has a twelve month low of $27.47 and a twelve month high of $51.73. The company has a current ratio of 7.06, a quick ratio of 7.06 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $8.92 billion, a P/E ratio of 18.72 and a beta of 1.73. The firm has a 50 day simple moving average of $46.17 and a 200-day simple moving average of $41.31.

Viper Energy (NASDAQ:VNOM) last released its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.19. Viper Energy had a net margin of 25.63% and a return on equity of 8.46%. The business had revenue of $216.71 million during the quarter, compared to the consensus estimate of $216.28 million. During the same quarter last year, the company earned $0.47 earnings per share. The business’s quarterly revenue was up 34.8% compared to the same quarter last year.

Hedge Funds Weigh In On Viper Energy

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its holdings in shares of Viper Energy by 20.0% during the fourth quarter. Wellington Management Group LLP now owns 13,490,896 shares of the oil and gas producer’s stock valued at $423,344,000 after acquiring an additional 2,246,219 shares during the period. Vanguard Group Inc. raised its stake 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 valued at $326,184,000 after purchasing an additional 1,603,333 shares in the last quarter. Capital World Investors raised its stake in shares of Viper Energy by 16.8% during the first quarter. Capital World Investors now owns 6,410,968 shares of the oil and gas producer’s stock valued at $246,566,000 after purchasing an additional 923,276 shares in the last quarter. Epoch Investment Partners Inc. raised its stake in shares of Viper Energy by 19.8% during the first quarter. Epoch Investment Partners Inc. now owns 3,001,411 shares of the oil and gas producer’s stock valued at $115,434,000 after purchasing an additional 496,131 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Viper Energy by 12.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,085,841 shares of the oil and gas producer’s stock valued at $78,282,000 after purchasing an additional 224,021 shares in the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

Viper Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Thursday, August 15th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.38%. The ex-dividend date of this dividend was Thursday, August 15th. Viper Energy’s dividend payout ratio (DPR) is 44.12%.

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.