Vitesse Energy, Inc. (NYSE:VTS) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Analysts give Vitesse Energy an average recommendation of “Hold” (four holds, one buy) with a one‑year average price target of $22, though opinions vary — Wall Street Zen cut to “strong sell,” Weiss reiterated hold, and Northland set a $20 target.
• The stock trades around $18.49 (near its one‑year low of $17.22) with a market cap of $771.3M and a negative P/E of -36.98; the latest quarter reported $0.00 EPS (missing $0.01) and $67.41M revenue, and analysts expect $0.14 EPS for the year.
• Vitesse declared a quarterly dividend of $0.4375 ($1.75 annual), implying a 9.5% yield with an ex‑dividend date of June 15, but the payout ratio is -350%, which raises questions about sustainability.

Vitesse Energy, Inc. (NYSE:VTS - Get Free Report) has been assigned an average recommendation of "Hold" from the five research firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $22.00.

A number of research analysts have commented on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Vitesse Energy in a research report on Friday, March 27th. Wall Street Zen lowered Vitesse Energy from a "hold" rating to a "strong sell" rating in a research note on Saturday, March 7th. Finally, Northland Securities set a $20.00 price objective on Vitesse Energy in a research note on Wednesday.

Vitesse Energy Stock Down 2.0%

Shares of NYSE VTS opened at $18.49 on Thursday. Vitesse Energy has a one year low of $17.22 and a one year high of $27.15. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.56 and a quick ratio of 1.02. The firm's 50 day simple moving average is $18.91 and its two-hundred day simple moving average is $20.13. The stock has a market capitalization of $771.30 million, a P/E ratio of -36.98 and a beta of 0.62.

Vitesse Energy (NYSE:VTS - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.00 EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.01). Vitesse Energy had a negative net margin of 7.15% and a positive return on equity of 3.53%. The business had revenue of $67.41 million for the quarter, compared to the consensus estimate of $66.71 million. As a group, analysts expect that Vitesse Energy will post 0.14 EPS for the current fiscal year.

Vitesse Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date of this dividend is Monday, June 15th. Vitesse Energy's dividend payout ratio is -350.00%.

Institutional Trading of Vitesse Energy

Institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new stake in shares of Vitesse Energy during the third quarter valued at approximately $34,000. Rakuten Investment Management Inc. purchased a new stake in shares of Vitesse Energy during the third quarter valued at approximately $37,000. Jones Financial Companies Lllp boosted its stake in shares of Vitesse Energy by 203.6% during the third quarter. Jones Financial Companies Lllp now owns 1,770 shares of the company's stock valued at $43,000 after purchasing an additional 1,187 shares during the period. Strs Ohio purchased a new stake in shares of Vitesse Energy during the first quarter valued at approximately $54,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Vitesse Energy by 359.3% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,949 shares of the company's stock valued at $54,000 after purchasing an additional 2,307 shares during the period. Hedge funds and other institutional investors own 51.63% of the company's stock.

About Vitesse Energy

Vitesse Energy NYSE: VTS is an independent exploration and production company primarily focused on onshore oil and gas assets in the United States. Headquartered in Calgary, Alberta, the company identifies, acquires and develops low-decline, shallow to intermediate depth vertical wells, targeting predictable production profiles and stable cash flows. Vitesse leverages a lean operational model to optimize well performance and reduce unit operating costs across its asset base.

The company’s core operations are concentrated in the Arkoma Basin of eastern Oklahoma and the Ark-La-Tex region, where it holds acreage positions in multiple formations.

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