Capital One Financial Predicts Reduced Earnings for Berry

Key Points

• Capital One Financial has decreased its FY2025 earnings per share (EPS) estimate for Berry Corporation from $0.29 to $0.28, while the consensus estimate for the current year is $0.58 EPS.
• Berry recently announced a quarterly dividend of $0.03 per share, representing an annualized yield of 3.6% despite a high payout ratio of 171.43%.
• The stock of Berry has seen mixed ratings from analysts, with Wall Street Zen downgrading its rating to "sell", while Johnson Rice upgraded it to "buy".

Berry Corporation (NASDAQ:BRY - Free Report) - Research analysts at Capital One Financial decreased their FY2025 earnings per share (EPS) estimates for shares of Berry in a report issued on Wednesday, August 27th. Capital One Financial analyst B. Velie now expects that the energy company will post earnings of $0.28 per share for the year, down from their previous estimate of $0.29. The consensus estimate for Berry's current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry's Q4 2025 earnings at $0.09 EPS and FY2026 earnings at $0.20 EPS.

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

Berry Stock Up 1.8%

BRY stock opened at $3.34 on Monday. The firm has a market cap of $259.18 million, a PE ratio of 47.71 and a beta of 1.24. Berry has a 1 year low of $2.11 and a 1 year high of $6.34. The company has a fifty day simple moving average of $3.02 and a 200 day simple moving average of $3.01. 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 posted its earnings results 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. The firm had revenue of $210.08 million during the quarter, compared to analysts' expectations of $155.00 million. Berry had a net margin of 0.60% and a return on equity of 5.27%.

Berry Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 18th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.12 dividend on an annualized basis and a yield of 3.6%. Berry's payout ratio is 171.43%.

Institutional Investors Weigh In On Berry

A number of institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its stake in shares of Berry by 35.7% in the fourth quarter. Wells Fargo & Company MN now owns 55,073 shares of the energy company's stock valued at $227,000 after purchasing an additional 14,478 shares in the last quarter. Barclays PLC increased its stake in Berry by 36.3% in the fourth quarter. Barclays PLC now owns 272,686 shares of the energy company's stock valued at $1,126,000 after acquiring an additional 72,566 shares during the period. State of Tennessee Department of Treasury acquired a new position in Berry in the fourth quarter worth about $299,000. Hsbc Holdings PLC lifted its stake in Berry by 35.7% during the fourth quarter. Hsbc Holdings PLC now owns 81,140 shares of the energy company's stock worth $333,000 after purchasing an additional 21,359 shares during the period. Finally, Susquehanna International Group LLP boosted its holdings in Berry by 964.4% during the fourth quarter. Susquehanna International Group LLP now owns 835,592 shares of the energy company's stock valued at $3,451,000 after purchasing an additional 757,087 shares in the last quarter. 94.88% of the stock is owned by institutional investors and hedge funds.

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.

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