Q2 EPS Estimates for Berry Lowered by Capital One Financial

Berry Corporation (NASDAQ:BRY - Free Report) - Capital One Financial cut their Q2 2025 earnings per share estimates for shares of Berry in a report issued on Wednesday, July 2nd. Capital One Financial analyst B. Velie now forecasts that the energy company will post earnings of $0.08 per share 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.

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

Berry Stock Performance

Shares of BRY stock traded down $0.10 during trading hours on Friday, reaching $3.00. 770,452 shares of the company's stock were exchanged, compared to its average volume of 1,120,071. The company has a market cap of $232.80 million, a P/E ratio of -6.38 and a beta of 1.09. The company's 50 day moving average is $2.77 and its two-hundred day moving average is $3.40. Berry has a 1 year low of $2.11 and a 1 year high of $7.02. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.88.

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

Berry Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 19th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date was Monday, May 19th. Berry's dividend payout ratio is currently -25.53%.

Institutional Investors Weigh In On Berry

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Berry by 12.0% in the 1st quarter. Vanguard Group Inc. now owns 6,699,963 shares of the energy company's stock worth $21,507,000 after acquiring an additional 719,845 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Berry by 31.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,403,588 shares of the energy company's stock worth $9,927,000 after acquiring an additional 571,812 shares during the period. American Century Companies Inc. grew its holdings in shares of Berry by 9.9% in the 1st quarter. American Century Companies Inc. now owns 2,310,008 shares of the energy company's stock worth $7,415,000 after acquiring an additional 208,183 shares during the period. Geode Capital Management LLC grew its holdings in shares of Berry by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 1,952,996 shares of the energy company's stock worth $8,067,000 after acquiring an additional 49,045 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Berry by 22.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,543,544 shares of the energy company's stock worth $4,955,000 after acquiring an additional 283,940 shares during the period. Institutional investors and hedge funds own 94.88% of the company's stock.

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.