Capital One Financial Predicts Reduced Earnings for Berry

Key Points

• Capital One Financial has reduced its Q3 2025 earnings per share estimate for Berry Corporation from $0.08 to $0.07, with a full-year consensus estimate now at $0.58 per share.
• Berry Corporation reported a significant earnings surprise, posting $0.66 EPS for the last quarter, surpassing the consensus estimate by $0.65, alongside revenues of $210.08 million.
• The company also declared a quarterly dividend of $0.03 per share, reflecting an annual yield of 4.2%, despite a relatively high payout ratio of 171.43%.

Berry Corporation (NASDAQ:BRY - Free Report) - Equities researchers at Capital One Financial cut their Q3 2025 earnings per share (EPS) estimates for Berry in a research note issued to investors on Monday, August 18th. Capital One Financial analyst B. Velie now forecasts that the energy company will earn $0.07 per share for the quarter, down from their previous forecast of $0.08. The consensus estimate for Berry's current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry's Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.29 EPS and Q2 2026 earnings at $0.04 EPS.

Other research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Berry from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Johnson Rice upgraded Berry from an "accumulate" rating to a "buy" rating in a report on Wednesday, May 21st. Finally, Piper Sandler lowered their price target on Berry from $5.00 to $4.00 and set a "neutral" rating for the company in a research report on Thursday, July 17th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $4.00.

Berry Stock Up 1.9%

Shares of Berry stock traded up $0.0560 during trading on Wednesday, reaching $3.0460. 257,525 shares of the company traded hands, compared to its average volume of 1,016,447. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.83 and a quick ratio of 0.83. Berry has a 1-year low of $2.11 and a 1-year high of $6.40. The company has a 50 day moving average price of $3.02 and a 200-day moving average price of $3.05. The firm has a market capitalization of $236.37 million, a PE ratio of 43.64 and a beta of 1.12.

Berry (NASDAQ:BRY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The energy company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.65. The firm had revenue of $210.08 million for the quarter, compared to analysts' expectations of $155.00 million. Berry had a return on equity of 5.27% and a net margin of 0.60%.

Berry Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 18th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a $0.12 annualized dividend and a dividend yield of 3.9%. Berry's dividend payout ratio (DPR) is currently 171.43%.

Institutional Investors Weigh In On Berry

Several large investors have recently made changes to their positions in BRY. Price T Rowe Associates Inc. MD boosted its position in shares of Berry by 15.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 28,183 shares of the energy company's stock valued at $117,000 after acquiring an additional 3,714 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Berry by 13.5% in the second quarter. The Manufacturers Life Insurance Company now owns 31,745 shares of the energy company's stock valued at $88,000 after purchasing an additional 3,779 shares in the last quarter. Franklin Resources Inc. raised its stake in Berry by 2.9% in the second quarter. Franklin Resources Inc. now owns 157,429 shares of the energy company's stock valued at $436,000 after purchasing an additional 4,473 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Berry by 38.8% in the second quarter. Nisa Investment Advisors LLC now owns 16,720 shares of the energy company's stock valued at $46,000 after purchasing an additional 4,670 shares in the last quarter. Finally, CWM LLC raised its stake in Berry by 51.1% in the first quarter. CWM LLC now owns 16,398 shares of the energy company's stock valued at $53,000 after purchasing an additional 5,547 shares in the last quarter. 94.88% of the stock is owned by hedge funds and other institutional investors.

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.