Capital One Financial Comments on Berry Q1 Earnings

Key Points

• Capital One Financial forecasts Berry Corporation to earn $0.04 per share in Q1 2026, with a full-year estimate of $0.58 per share.
• Berry's stock recently dropped to $2.80, with a consensus rating of "Moderate Buy" and an average target price of $4.00.
• The company declared a quarterly dividend of $0.03 per share, representing a 4.3% yield, with a high dividend payout ratio of 171.43%.

Berry Corporation (NASDAQ:BRY - Free Report) - Investment analysts at Capital One Financial issued their Q1 2026 earnings per share (EPS) estimates for shares of Berry in a research note issued to investors on Monday, August 18th. Capital One Financial analyst B. Velie expects that the energy company will post earnings per share of $0.04 for the quarter. The consensus estimate for Berry's current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry's Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.21 EPS and FY2027 earnings at $0.00 EPS.

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

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

Berry Trading Up 5.3%

Shares of Berry stock traded up $0.15 on Thursday, reaching $2.99. The company had a trading volume of 891,062 shares, compared to its average volume of 785,243. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $232.02 million, a PE ratio of 42.71 and a beta of 1.12. The firm's 50 day moving average price is $3.02 and its two-hundred day moving average price is $3.06. Berry has a 52-week low of $2.11 and a 52-week high of $6.40.

Institutional Investors Weigh In On Berry

A number of hedge funds have recently bought and sold shares of the stock. Susquehanna International Group LLP increased its position in shares of Berry by 964.4% in the 4th quarter. Susquehanna International Group LLP now owns 835,592 shares of the energy company's stock valued at $3,451,000 after purchasing an additional 757,087 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Berry by 12.0% during the 1st quarter. Vanguard Group Inc. now owns 6,699,963 shares of the energy company's stock worth $21,507,000 after purchasing an additional 719,845 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Berry by 276.9% during the second quarter. Marshall Wace LLP now owns 954,004 shares of the energy company's stock worth $2,643,000 after purchasing an additional 700,863 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Berry by 94.5% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,148,446 shares of the energy company's stock valued at $4,743,000 after buying an additional 557,842 shares during the last quarter. Finally, Acadian Asset Management LLC raised its stake in Berry by 82.8% in the first quarter. Acadian Asset Management LLC now owns 1,164,123 shares of the energy company's stock valued at $3,731,000 after buying an additional 527,463 shares in the last quarter. Institutional investors and hedge funds own 94.88% of the company's stock.

Berry Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 4.0%. Berry's dividend payout ratio is currently 171.43%.

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.