Capital One Financial Expects Increased Earnings for Berry

Berry Co. (NASDAQ:BRY) – Equities researchers at Capital One Financial boosted their FY2026 earnings estimates for shares of Berry in a report issued on Tuesday, March 18th. Capital One Financial analyst B. Velie now forecasts that the energy company will earn $0.56 per share for the year, up from their prior forecast of $0.48. The consensus estimate for Berry’s current full-year earnings is $0.58 per share.

Berry (NASDAQ:BRY) last announced its quarterly earnings data on Wednesday, March 12th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.09. The business had revenue of $167.06 million for the quarter, compared to analysts’ expectations of $173.00 million. Berry had a return on equity of 6.50% and a net margin of 9.40%.

Berry Price Performance

BRY stock opened at $3.49 on Wednesday. The business’s 50-day moving average is $4.21 and its two-hundred day moving average is $4.57. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $268.52 million, a P/E ratio of 3.23 and a beta of 1.67. Berry has a 1 year low of $3.06 and a 1 year high of $8.88.

Berry Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd will be issued a $0.03 dividend. The ex-dividend date is Friday, March 21st. This represents a $0.12 annualized dividend and a yield of 3.44%. Berry’s dividend payout ratio (DPR) is 48.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mackenzie Financial Corp lifted its position in shares of Berry by 598.6% during the 4th quarter. Mackenzie Financial Corp now owns 134,905 shares of the energy company’s stock worth $557,000 after purchasing an additional 115,594 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in Berry by 92.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 87,120 shares of the energy company’s stock valued at $360,000 after buying an additional 41,822 shares in the last quarter. GTS Securities LLC purchased a new stake in Berry during the 4th quarter worth about $93,000. Virtus Fund Advisers LLC acquired a new position in shares of Berry during the 4th quarter worth about $56,000. Finally, Virtus Investment Advisers Inc. purchased a new position in shares of Berry in the 4th quarter valued at about $834,000. Institutional investors and hedge funds own 94.88% of the company’s stock.

About Berry

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.