Berry FY2026 EPS Estimate Lifted by Capital One Financial

Berry Co. (NASDAQ:BRY) – Analysts at Capital One Financial upped their FY2026 earnings estimates for Berry in a report released on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the energy company will earn $0.48 per share for the year, up from their prior forecast of $0.45. The consensus estimate for Berry’s current full-year earnings is $0.60 per share.

Separately, Piper Sandler dropped their price target on shares of Berry from $7.00 to $5.00 and set a “neutral” rating on the stock in a research report on Monday, November 18th.

Berry Price Performance

Shares of BRY opened at $4.77 on Friday. The firm has a market cap of $367.00 million, a PE ratio of 4.42 and a beta of 1.64. The firm’s 50 day moving average price is $4.26 and its 200 day moving average price is $5.33. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. Berry has a twelve month low of $3.72 and a twelve month high of $8.88.

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

Institutional Investors Weigh In On Berry

Several hedge funds and other institutional investors have recently modified their holdings of BRY. HITE Hedge Asset Management LLC acquired a new stake in Berry during the second quarter worth $5,636,000. Millennium Management LLC boosted its stake in Berry by 2,821.9% during the second quarter. Millennium Management LLC now owns 649,607 shares of the energy company’s stock worth $4,196,000 after buying an additional 627,375 shares in the last quarter. American Century Companies Inc. boosted its stake in Berry by 23.6% during the second quarter. American Century Companies Inc. now owns 1,664,292 shares of the energy company’s stock worth $10,751,000 after buying an additional 318,223 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of Berry in the 2nd quarter valued at $1,719,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Berry in the 3rd quarter valued at $1,333,000. Institutional investors and hedge funds own 94.88% of the company’s stock.

Berry Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, November 15th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend was Friday, November 15th. Berry’s dividend payout ratio is 11.11%.

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.