Capital One Financial Has Negative View of Berry Q3 Earnings

Berry Corporation (NASDAQ:BRY - Free Report) - Investment analysts at Capital One Financial dropped their Q3 2025 earnings per share estimates for shares of Berry in a report issued on Tuesday, July 22nd. Capital One Financial analyst B. Velie now forecasts that the energy company will post earnings per share of $0.08 for the quarter, down from their previous estimate of $0.09. The consensus estimate for Berry's current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry's FY2025 earnings at $0.26 EPS and FY2026 earnings at $0.12 EPS.

Other analysts have also issued research reports about the company. Johnson Rice raised Berry from an "accumulate" rating to a "buy" rating in a research report on Wednesday, May 21st. Piper Sandler dropped their target price on Berry from $5.00 to $4.00 and set a "neutral" rating on the stock in a report on Thursday, July 17th.

Berry Trading Down 4.2%

NASDAQ BRY traded down $0.13 on Wednesday, reaching $3.00. The stock had a trading volume of 753,311 shares, compared to its average volume of 916,540. The firm has a market capitalization of $232.80 million, a price-to-earnings ratio of -6.38 and a beta of 1.09. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. Berry has a 12-month low of $2.11 and a 12-month high of $6.95. The stock has a fifty day moving average price of $2.90 and a two-hundred day moving average price of $3.31.

Berry (NASDAQ:BRY - Get Free Report) last issued its earnings results on Thursday, May 8th. The energy company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. Berry had a positive return on equity of 7.36% and a negative net margin of 4.51%. The business had revenue of $182.65 million for the quarter, compared to analysts' expectations of $177.00 million.

Berry Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 19th were paid a $0.03 dividend. The ex-dividend date was Monday, May 19th. This represents a $0.12 annualized dividend and a yield of 4.00%. Berry's dividend payout ratio is presently -25.53%.

Hedge Funds Weigh In On Berry

Several large investors have recently bought and sold shares of BRY. Thrivent Financial for Lutherans acquired a new position in Berry in the fourth quarter valued at $730,000. Intech Investment Management LLC boosted its stake in Berry by 45.1% in the fourth quarter. Intech Investment Management LLC now owns 35,465 shares of the energy company's stock valued at $146,000 after acquiring an additional 11,027 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Berry during the fourth quarter worth about $159,000. American Century Companies Inc. boosted its stake in shares of Berry by 11.4% during the fourth quarter. American Century Companies Inc. now owns 2,101,825 shares of the energy company's stock worth $8,681,000 after buying an additional 214,580 shares during the period. Finally, AXQ Capital LP acquired a new stake in shares of Berry during the fourth quarter worth about $65,000. 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.