Capital One Financial Increases Earnings Estimates for Berry

Berry Co. (NASDAQ:BRY) – Analysts at Capital One Financial increased their Q1 2025 EPS estimates for Berry in a research note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the energy company will post earnings of $0.17 per share for the quarter, up from their previous forecast of $0.13. The consensus estimate for Berry’s current full-year earnings is $0.60 per share. Capital One Financial also issued estimates for Berry’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.76 EPS.

Separately, Piper Sandler reduced their price objective on shares of Berry from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Monday, November 18th.

Berry Price Performance

Shares of Berry stock opened at $4.82 on Monday. The firm has a fifty day simple moving average of $4.25 and a 200-day simple moving average of $5.31. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.54. Berry has a 1-year low of $3.72 and a 1-year high of $8.88. The stock has a market capitalization of $370.85 million, a price-to-earnings ratio of 4.46 and a beta of 1.64.

Berry (NASDAQ:BRY) last posted its earnings results on Thursday, November 7th. The energy company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Berry had a return on equity of 6.50% and a net margin of 9.40%. The business had revenue of $259.80 million during the quarter, compared to the consensus estimate of $186.67 million. During the same period in the prior year, the firm earned $0.15 earnings per share. The business’s revenue was up 31.3% on a year-over-year basis.

Hedge Funds Weigh In On Berry

Several large investors have recently bought and sold shares of BRY. Federated Hermes Inc. bought a new position in shares of Berry in the 2nd quarter valued at about $25,000. Meeder Asset Management Inc. boosted its stake in shares of Berry by 43.5% in 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. McIlrath & Eck LLC acquired a new stake in shares of Berry in the 3rd quarter valued at approximately $47,000. Quarry LP raised its position in shares of Berry by 390.6% in the 3rd quarter. Quarry LP now owns 12,643 shares of the energy company’s stock valued at $65,000 after acquiring an additional 10,066 shares during the period. Finally, FMR LLC raised its position in shares of Berry by 40.9% in the 3rd quarter. FMR LLC now owns 17,606 shares of the energy company’s stock valued at $90,000 after acquiring an additional 5,115 shares during the period. 94.88% of the stock is currently owned by institutional investors and hedge funds.

Berry Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Friday, November 15th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend was Friday, November 15th. Berry’s payout ratio is currently 11.11%.

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.