Capital One Financial Has Negative View of Berry Q2 Earnings

Berry Corporation (NASDAQ:BRY - Free Report) - Equities research analysts at Capital One Financial cut their Q2 2025 earnings estimates for Berry in a note issued to investors on Wednesday, July 2nd. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $0.08 for the quarter, down from their previous forecast 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 Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS, FY2025 earnings at $0.38 EPS and FY2026 earnings at $0.16 EPS.

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

Separately, Johnson Rice raised shares of Berry from an "accumulate" rating to a "buy" rating in a research note on Wednesday, May 21st.

Berry Trading Down 1.3%

Shares of BRY traded down $0.04 during midday trading on Friday, hitting $3.02. The stock had a trading volume of 423,123 shares, compared to its average volume of 1,120,905. Berry has a 1 year low of $2.11 and a 1 year high of $7.02. The firm has a market cap of $234.35 million, a PE ratio of -6.43 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.88. The stock's 50 day moving average is $2.76 and its 200 day moving average is $3.41.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD increased its stake in Berry by 15.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 28,183 shares of the energy company's stock worth $117,000 after buying an additional 3,714 shares during the period. Meeder Asset Management Inc. grew its holdings in Berry by 54.9% during the 4th quarter. Meeder Asset Management Inc. now owns 12,114 shares of the energy company's stock worth $50,000 after acquiring an additional 4,294 shares in the last quarter. CWM LLC grew its holdings in Berry by 51.1% during the 1st quarter. CWM LLC now owns 16,398 shares of the energy company's stock worth $53,000 after acquiring an additional 5,547 shares in the last quarter. Virtus ETF Advisers LLC grew its holdings in Berry by 25.1% during the 4th quarter. Virtus ETF Advisers LLC now owns 32,690 shares of the energy company's stock worth $135,000 after acquiring an additional 6,563 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Berry by 130.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 11,869 shares of the energy company's stock worth $38,000 after acquiring an additional 6,722 shares in the last quarter. Hedge funds and other institutional investors own 94.88% of the company's stock.

Berry Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 19th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 3.97%. The ex-dividend date was Monday, May 19th. Berry's dividend payout ratio is currently -25.53%.

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.