Q4 EPS Estimates for Viper Energy Reduced by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Stock analysts at Zacks Research cut their Q4 2024 earnings estimates for shares of Viper Energy in a research note issued to investors 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 prior forecast 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 announced its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.49 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $210.54 million. During the same quarter in the prior year, the company earned $1.10 EPS. The firm’s revenue was down 28.5% on a year-over-year basis.

Several other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Viper Energy from $43.00 to $51.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Roth Mkm increased their price target on shares of Viper Energy from $46.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Truist Financial increased their price target on shares of Viper Energy from $57.00 to $64.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. StockNews.com cut shares of Viper Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, November 5th. Finally, Raymond James increased their price target on shares of Viper Energy from $58.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.36.

Viper Energy Price Performance

Shares of Viper Energy stock opened at $49.65 on Thursday. Viper Energy has a 52-week low of $30.21 and a 52-week high of $56.76. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 21.31 and a beta of 1.73. The company has a fifty day moving average of $51.52 and a 200-day moving average of $47.58. The company has a debt-to-equity ratio of 0.25, a quick ratio of 7.24 and a current ratio of 7.24.

Viper Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.42%. The ex-dividend date was Thursday, November 14th. Viper Energy’s payout ratio is currently 51.50%.

Institutional Investors Weigh In On Viper Energy

Large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its position in Viper Energy by 328.5% in 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 last quarter. GAMMA Investing LLC increased its position in Viper Energy by 208.1% in the third 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. National Bank of Canada FI increased its position in 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 worth $63,000 after purchasing an additional 1,165 shares during the last quarter. Versant Capital Management Inc bought a new position in Viper Energy during the fourth quarter valued at $94,000. Finally, Plato Investment Management Ltd increased its position in 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 acquiring an additional 1,541 shares during the last quarter. Institutional investors own 87.72% of the company’s stock.

About Viper Energy

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.