Research Analysts Offer Predictions for Berry Q1 Earnings

Key Points

• Berry Corporation's Q1 2026 earnings estimate has been reduced to $0.03 per share by Capital One Financial, down from a previous estimate of $0.04.
• Berry reported a significantly higher than expected earnings result of $0.66 per share in its latest quarter, exceeding the consensus estimate of $0.01 by $0.65.
• The company's quarterly dividend was recently paid at $0.03 per share, reflecting an annualized yield of 3.7%, despite a high dividend payout ratio of 171.43%.

Berry Corporation (NASDAQ:BRY - Free Report) - Investment analysts at Capital One Financial lowered their Q1 2026 earnings per share (EPS) estimates for shares of Berry in a research report issued to clients and investors on Wednesday, August 27th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $0.03 for the quarter, down from their previous estimate of $0.04. 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 2026 earnings at $0.06 EPS and FY2027 earnings at ($0.01) EPS.

Several other analysts also recently weighed in on BRY. Piper Sandler lowered their target price on Berry from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Thursday, July 17th. Wall Street Zen lowered Berry from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Finally, Johnson Rice raised Berry from an "accumulate" rating to a "buy" rating in a research report on Wednesday, May 21st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $4.00.

Berry Stock Up 1.8%

BRY traded up $0.06 during trading hours on Friday, reaching $3.34. 627,428 shares of the stock traded hands, compared to its average volume of 825,731. Berry has a fifty-two week low of $2.11 and a fifty-two week high of $6.34. The company has a market cap of $259.18 million, a price-to-earnings ratio of 47.71 and a beta of 1.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.83 and a quick ratio of 0.83. The firm's fifty day simple moving average is $3.02 and its two-hundred day simple moving average is $3.01.

Berry (NASDAQ:BRY - Get Free Report) last posted its quarterly earnings data 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. Berry had a net margin of 0.60% and a return on equity of 5.27%. The company had revenue of $210.08 million for the quarter, compared to analyst estimates of $155.00 million.

Institutional Trading of Berry

Several institutional investors have recently added to or reduced their stakes in BRY. Price T Rowe Associates Inc. MD boosted its stake in Berry by 15.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,183 shares of the energy company's stock valued at $117,000 after acquiring an additional 3,714 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Berry by 13.5% during the second quarter. The Manufacturers Life Insurance Company now owns 31,745 shares of the energy company's stock worth $88,000 after acquiring an additional 3,779 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Berry by 2.9% in the 2nd quarter. Franklin Resources Inc. now owns 157,429 shares of the energy company's stock worth $436,000 after acquiring an additional 4,473 shares during the period. Nisa Investment Advisors LLC lifted its position in Berry by 38.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 16,720 shares of the energy company's stock valued at $46,000 after purchasing an additional 4,670 shares during the last quarter. Finally, CWM LLC boosted its stake in Berry by 51.1% during the 1st quarter. CWM LLC now owns 16,398 shares of the energy company's stock valued at $53,000 after purchasing an additional 5,547 shares during the period. Institutional investors own 94.88% of the company's stock.

Berry Dividend Announcement

The company also recently declared 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. This represents a $0.12 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 18th. Berry's dividend payout ratio is currently 171.43%.

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.