GRNT Q3 EPS Estimate Reduced by Capital One Financial

Key Points

• Capital One Financial has reduced its Q3 2025 EPS estimate for Granite Ridge Resources from $0.15 to $0.13, while the consensus estimate for the full year remains at $0.52 per share.
• Granite Ridge Resources has been downgraded from a "buy" to a "hold" rating by Wall Street Zen, leading to a consensus rating of "Hold" with a price target of $7.50.
• Insiders have purchased a total of 41,618 shares within the last quarter, indicating increased confidence in the company despite mixed analyst outlooks.

Granite Ridge Resources, Inc. (NYSE:GRNT - Free Report) - Research analysts at Capital One Financial cut their Q3 2025 earnings estimates for shares of Granite Ridge Resources in a note issued to investors on Wednesday, August 27th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $0.13 for the quarter, down from their prior estimate of $0.15. The consensus estimate for Granite Ridge Resources' current full-year earnings is $0.52 per share. Capital One Financial also issued estimates for Granite Ridge Resources' Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.62 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.13 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.14 EPS and FY2027 earnings at $0.53 EPS.

Granite Ridge Resources (NYSE:GRNT - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.02). Granite Ridge Resources had a net margin of 7.47% and a return on equity of 13.09%. The business had revenue of $109.22 million during the quarter, compared to the consensus estimate of $109.69 million.

Separately, Wall Street Zen lowered shares of Granite Ridge Resources from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, Granite Ridge Resources currently has a consensus rating of "Hold" and a consensus price target of $7.50.

Granite Ridge Resources Trading Down 3.6%

Shares of NYSE:GRNT traded down $0.21 during trading on Friday, reaching $5.44. The company's stock had a trading volume of 165,510 shares, compared to its average volume of 554,584. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.43. Granite Ridge Resources has a 12 month low of $4.52 and a 12 month high of $7.00. The firm's 50 day simple moving average is $5.56 and its two-hundred day simple moving average is $5.58. The stock has a market capitalization of $713.34 million, a PE ratio of 22.65, a price-to-earnings-growth ratio of 0.79 and a beta of 0.35.

Granite Ridge Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Friday, August 29th. Granite Ridge Resources's dividend payout ratio is 183.33%.

Insider Transactions at Granite Ridge Resources

In related news, Director John Mccartney bought 5,000 shares of Granite Ridge Resources stock in a transaction dated Monday, August 18th. The shares were acquired at an average cost of $5.25 per share, with a total value of $26,250.00. Following the completion of the transaction, the director owned 82,117 shares in the company, valued at $431,114.25. The trade was a 6.48% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Matthew Reade Miller bought 17,000 shares of Granite Ridge Resources stock in a transaction dated Monday, June 16th. The shares were bought at an average cost of $5.98 per share, for a total transaction of $101,660.00. Following the completion of the transaction, the director owned 1,261,877 shares of the company's stock, valued at approximately $7,546,024.46. This trade represents a 1.37% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 31,518 shares of company stock worth $178,845 over the last three months. 8.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Granite Ridge Resources

A number of institutional investors have recently modified their holdings of GRNT. EverSource Wealth Advisors LLC increased its position in shares of Granite Ridge Resources by 2,398.3% during the second quarter. EverSource Wealth Advisors LLC now owns 5,721 shares of the company's stock worth $36,000 after acquiring an additional 5,492 shares during the period. GAMMA Investing LLC increased its position in shares of Granite Ridge Resources by 892.9% during the first quarter. GAMMA Investing LLC now owns 7,089 shares of the company's stock worth $43,000 after acquiring an additional 6,375 shares during the period. Parallel Advisors LLC increased its holdings in Granite Ridge Resources by 222.4% during the first quarter. Parallel Advisors LLC now owns 8,722 shares of the company's stock valued at $53,000 after buying an additional 6,017 shares during the period. Tower Research Capital LLC TRC increased its holdings in Granite Ridge Resources by 103.0% during the second quarter. Tower Research Capital LLC TRC now owns 9,133 shares of the company's stock valued at $58,000 after buying an additional 4,635 shares during the period. Finally, BNP Paribas Financial Markets purchased a new position in Granite Ridge Resources during the fourth quarter valued at approximately $62,000. 31.56% of the stock is owned by hedge funds and other institutional investors.

Granite Ridge Resources Company Profile

Granite Ridge Resources, Inc operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc is based in Dallas, Texas.