What is Capital One Financial's Forecast for PR Q2 Earnings?

Key Points

• Capital One Financial has revised its Q2 2026 earnings per share estimate for Permian Resources down to $0.34, slightly lower than the previous estimate of $0.35.
• Permian Resources announced a quarterly dividend of $0.15 per share, which will be paid on September 30th, yielding 4.5% on an annualized basis.
• Investment analysts have mixed views on Permian Resources, with Bank of America raising its price target to $16.00 while Wall Street Zen downgraded the stock from "hold" to "sell."

Permian Resources Corporation (NYSE:PR - Free Report) - Investment analysts at Capital One Financial decreased their Q2 2026 earnings per share estimates for shares of Permian Resources in a research report issued on Tuesday, August 19th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $0.34 per share for the quarter, down from their prior estimate of $0.35. The consensus estimate for Permian Resources' current full-year earnings is $1.45 per share. Capital One Financial also issued estimates for Permian Resources' Q3 2026 earnings at $0.35 EPS, Q4 2026 earnings at $0.36 EPS and FY2027 earnings at $1.41 EPS.

Permian Resources (NYSE:PR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Permian Resources had a return on equity of 10.91% and a net margin of 22.41%.The company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.23 billion. During the same period in the previous year, the firm earned $0.39 EPS. The firm's revenue was down 3.9% compared to the same quarter last year.

Other analysts also recently issued research reports about the company. Bank of America lifted their price objective on Permian Resources from $15.00 to $16.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Morgan Stanley lifted their price objective on Permian Resources from $17.00 to $18.00 and gave the stock an "overweight" rating in a research note on Monday, August 18th. Royal Bank Of Canada lifted their price objective on Permian Resources from $16.00 to $17.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Susquehanna boosted their target price on Permian Resources from $19.00 to $20.00 and gave the company a "positive" rating in a research report on Wednesday, July 23rd. Finally, Piper Sandler upped their price objective on Permian Resources from $19.00 to $20.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Permian Resources has a consensus rating of "Buy" and a consensus target price of $18.53.

Permian Resources Price Performance

NYSE:PR traded up $0.6150 during trading hours on Thursday, reaching $13.7550. The stock had a trading volume of 7,540,539 shares, compared to its average volume of 10,772,945. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.63 and a current ratio of 0.63. Permian Resources has a 52 week low of $10.01 and a 52 week high of $16.33. The company has a 50 day moving average price of $13.81 and a two-hundred day moving average price of $13.31. The stock has a market capitalization of $11.01 billion, a PE ratio of 8.93 and a beta of 1.32.

Institutional Investors Weigh In On Permian Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP grew its stake in shares of Permian Resources by 376.7% in the first quarter. Allworth Financial LP now owns 2,069 shares of the company's stock valued at $29,000 after buying an additional 1,635 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in Permian Resources during the 1st quarter worth $30,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Permian Resources by 154.4% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,292 shares of the company's stock worth $31,000 after purchasing an additional 1,391 shares in the last quarter. Keystone Global Partners LLC purchased a new stake in Permian Resources during the 1st quarter worth about $36,000. Finally, FNY Investment Advisers LLC purchased a new stake in Permian Resources during the 2nd quarter worth about $36,000. Hedge funds and other institutional investors own 91.84% of the company's stock.

Permian Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.4%. Permian Resources's dividend payout ratio (DPR) is 38.96%.

About Permian Resources

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico.