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) - Capital One Financial issued their Q1 2026 earnings per share estimates for Berry in a note issued to investors on Monday, August 18th. Capital One Financial analyst B. Velie anticipates 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.

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

Berry Trading Up 2.4%

Shares of NASDAQ:BRY traded up $0.08 on Thursday, reaching $3.20. 497,905 shares of the company traded hands, compared to its average volume of 1,016,505. The business's 50-day simple moving average is $3.02 and its 200 day simple moving average is $3.04. Berry has a 52 week low of $2.11 and a 52 week high of $6.34. The stock has a market capitalization of $247.93 million, a P/E ratio of 45.64 and a beta of 1.12. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.55.

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

Hedge Funds Weigh In On Berry

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD lifted its position in Berry by 15.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,183 shares of the energy company's stock valued at $117,000 after purchasing an additional 3,714 shares during the period. The Manufacturers Life Insurance Company lifted its position in Berry by 13.5% during 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 during the period. Franklin Resources Inc. lifted its position in Berry by 2.9% during 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 during the period. Nisa Investment Advisors LLC lifted its position in Berry by 38.8% during 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 during the period. Finally, CWM LLC lifted its position in Berry by 51.1% during 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 during the period. Institutional investors own 94.88% of the company's stock.

Berry Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 18th will be paid 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 3.8%. Berry's dividend payout ratio (DPR) 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.