Trending NewsTrending NewsNYSE:GRNT Granite Ridge Resources (GRNT) Stock Price, News & Analysis $4.96 -0.65 (-11.52%) Closing price 05/8/2026 03:58 PM EasternExtended Trading$4.99 +0.03 (+0.69%) As of 05/8/2026 07:23 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Granite Ridge Resources Stock (NYSE:GRNT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get GRNT alerts:Sign Up Key Stats Today's Range$4.83▼$5.3650-Day Range$4.98▼$6.1052-Week Range$4.18▼$6.72Volume1.81 million shsAverage Volume815,397 shsMarket Capitalization$653.61 millionP/E RatioN/ADividend Yield8.88%Price Target$11.00Consensus RatingHold Company Overview 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. Read More Granite Ridge Resources Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks93rd Percentile Overall ScoreGRNT MarketRank™: Granite Ridge Resources scored higher than 93% of companies evaluated by MarketBeat, and ranked 9th out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.8 / 5Analyst RatingHold Consensus RatingGranite Ridge Resources has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.Upside PotentialGranite Ridge Resources has a consensus price target of $11.00, representing about 122.0% upside from its current price of $4.96.Amount of Analyst CoverageGranite Ridge Resources has only been the subject of 3 research reports in the past 90 days.Read more about Granite Ridge Resources' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth12.86% Earnings GrowthEarnings for Granite Ridge Resources are expected to grow by 12.86% in the coming year, from $0.70 to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Ridge Resources is -19.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Ridge Resources is -19.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioGranite Ridge Resources has a PEG Ratio of 0.50. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGranite Ridge Resources has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted3.51% of the float of Granite Ridge Resources has been sold short.Short Interest Ratio / Days to CoverGranite Ridge Resources has a short interest ratio ("days to cover") of 4.36.Change versus previous monthShort interest in Granite Ridge Resources has recently increased by 9.34%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipGranite Ridge Resources is a leading dividend payer. It pays a dividend yield of 7.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Ridge Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Granite Ridge Resources is 244.44%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Granite Ridge Resources will have a dividend payout ratio of 55.70% next year. This indicates that Granite Ridge Resources will be able to sustain or increase its dividend.Read more about Granite Ridge Resources' dividend. News and Social Media1.7 / 5News Sentiment-0.27 News SentimentGranite Ridge Resources has a news sentiment score of -0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Granite Ridge Resources this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for GRNT on MarketBeat in the last 30 days. This is a decrease of -72% compared to the previous 30 days.MarketBeat Follows4 people have added Granite Ridge Resources to their MarketBeat watchlist in the last 30 days. Company Ownership4.2 / 5Insider TradingAcquiring Shares Cluster Insider Buying5 insiders have purchased shares of Granite Ridge Resources in the last three months. Multiple insiders buying is a strong bullish signal.Net Insider BuyingOver the last three months, insiders have purchased a net $222,814.00 in company stock, which represents 0.0341% of the company's market cap.Insider Buying vs. Insider SellingIn the past three months, Granite Ridge Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $222,814.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders8.40% of the stock of Granite Ridge Resources is held by insiders.Percentage Held by Institutions31.56% of the stock of Granite Ridge Resources is held by institutions.Read more about Granite Ridge Resources' insider trading history. Receive GRNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Granite Ridge Resources and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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GRNT Stock News HeadlinesGRNT Q1 deep dive: Margin pressures and strategic shift to cash flow take center stage2 hours ago | msn.comGranite Ridge (GRNT) Q1 2026 Earnings TranscriptMay 8 at 2:33 PM | fool.comSpaceX eyes a 1.75 trillion valuation - here's what to knowElon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a $1.75 trillion IPO - larger than Saudi Aramco and any tech offering in history. CNBC calls it 'the big market event of 2026.' According to former tech executive and angel investor Jeff Brown, there's a way to claim a stake before the public filing drops, starting with as little as $500. | Brownstone Research (Ad)Granite Ridge Resources, Inc. (GRNT) Q1 2026 Earnings Call TranscriptMay 8 at 1:03 PM | seekingalpha.comGranite Ridge Resources (NYSE:GRNT) misses Q1 CY2026 revenue estimatesMay 7 at 11:13 PM | msn.comGranite Ridge Resources, Inc. Reports First Quarter 2026 Results and Declares Quarterly Cash DividendMay 7 at 4:05 PM | businesswire.comGranite Ridge Resources (GRNT) to Release Earnings on ThursdayMay 6 at 4:03 AM | americanbankingnews.comGranite Ridge Resources (GRNT) price target increased by 10.71% to 7.90April 28, 2026 | msn.comSee More Headlines GRNT Stock Analysis - Frequently Asked Questions How have GRNT shares performed this year? Granite Ridge Resources' stock was trading at $4.69 on January 1st, 2026. Since then, GRNT shares have increased by 5.7% and is now trading at $4.9550. How were Granite Ridge Resources' earnings last quarter? Granite Ridge Resources, Inc. (NYSE:GRNT) issued its quarterly earnings results on Thursday, May, 7th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.07. The firm had revenue of $128.26 million for the quarter, compared to analyst estimates of $126.68 million. Granite Ridge Resources had a negative net margin of 7.13% and a positive trailing twelve-month return on equity of 4.82%. Read the conference call transcript. Who are Granite Ridge Resources' major shareholders? Granite Ridge Resources' top institutional shareholders include Dimensional Fund Advisors LP (2.51%), Bank of New York Mellon Corp (0.72%), Hsbc Holdings PLC (0.05%) and MQS Management LLC (0.04%). Insiders that own company stock include Grep Gp Iii, Llc, Matthew Reade Miller, Kirk Lazarine, Griffin Perry, Tyler Farquharson, Thaddeus Darden, Luke C Brandenberg, John Mccartney, Ronald Kyle Kettler and Michele J Everard. View institutional ownership trends. How do I buy shares of Granite Ridge Resources? Shares of GRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Granite Ridge Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that Granite Ridge Resources investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Advanced Micro Devices (AMD). Company Calendar Record date for 3/13 Dividend2/27/2026Ex-Dividend for 3/13 Dividend2/27/2026Dividend Payable3/13/2026Last Earnings5/07/2026Today5/09/2026Record date for 6/12 Dividend5/29/2026Ex-Dividend for 6/12 Dividend5/29/2026Dividend Payable6/12/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (1m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 GRNT's financial health is in the Green zone, according to TradeSmith. GRNT has been in this zone for over one month. Industry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry OIL - US EXP&PROD Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:GRNT CIK1928446 Webwww.graniteridge.com Phone214-396-2850FaxN/AEmployees1Year Founded2022Price Target and Rating Average Price Target for Granite Ridge Resources$11.00 High Price Target$11.00 Low Price Target$11.00 Potential Upside/Downside+122.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Trailing Twelve Months)$0.18 Trailing P/E RatioN/A Forward P/E Ratio7.08 P/E Growth0.5Net Income$24.35 million Net Margins-7.13% Pretax Margin7.13% Return on Equity4.82% Return on Assets2.68% Debt Debt-to-Equity Ratio0.61 Current Ratio1.25 Quick Ratio1.25 Sales & Book Value Annual Sales$450.31 million Price / Sales1.45 Cash Flow$1.85 per share Price / Cash Flow2.68 Book Value$4.62 per share Price / Book1.07Miscellaneous Outstanding Shares131,910,000Free Float120,826,000Market Cap$653.61 million OptionableOptionable Beta0.26 Social Links The 7 Hottest IPOs On Wall Street’s 2026 WatchlistMarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.Get This Free Report This page (NYSE:GRNT) was last updated on 5/9/2026 by MarketBeat.com Staff. 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