What is KeyCorp's Estimate for Viper Energy Q2 Earnings?

Key Points

• KeyCorp has estimated that Viper Energy will report $0.66 earnings per share for Q2 2027, maintaining an "Overweight" rating with a target price of $54.00.
• In its previous earnings report, Viper Energy surpassed estimates with $0.41 EPS, higher than the expected $0.34, and saw a revenue increase of 37.1% year-over-year.
• The company recently declared a quarterly dividend of $0.53, representing an annualized yield of 5.8% and a payout ratio of 38.15%.

Viper Energy Inc. (NASDAQ:VNOM - Free Report) - Research analysts at KeyCorp issued their Q2 2027 earnings per share (EPS) estimates for shares of Viper Energy in a report released on Tuesday, October 14th. KeyCorp analyst T. Rezvan forecasts that the oil and gas producer will earn $0.66 per share for the quarter. KeyCorp currently has a "Overweight" rating and a $54.00 target price on the stock. The consensus estimate for Viper Energy's current full-year earnings is $2.02 per share.

Viper Energy (NASDAQ:VNOM - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. Viper Energy had a return on equity of 3.92% and a net margin of 37.84%.The business had revenue of $297.00 million for the quarter, compared to analyst estimates of $285.35 million. During the same period last year, the company earned $0.62 EPS. Viper Energy's revenue for the quarter was up 37.1% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. TD Securities set a $54.00 price target on Viper Energy in a research report on Tuesday, September 30th. Raymond James Financial restated an "outperform" rating and set a $57.00 price target (down from $60.00) on shares of Viper Energy in a research report on Tuesday, July 29th. William Blair began coverage on Viper Energy in a research report on Monday, August 25th. They set an "outperform" rating on the stock. Morgan Stanley cut their price objective on Viper Energy from $46.00 to $45.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Piper Sandler lifted their price objective on Viper Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Fifteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $55.14.

Viper Energy Price Performance

VNOM opened at $36.81 on Thursday. The stock's 50 day simple moving average is $38.29 and its 200 day simple moving average is $39.20. The company has a debt-to-equity ratio of 0.13, a current ratio of 6.15 and a quick ratio of 6.15. Viper Energy has a 1 year low of $34.71 and a 1 year high of $56.76. The firm has a market cap of $10.62 billion, a price-to-earnings ratio of 10.64, a PEG ratio of 16.54 and a beta of 0.92.

Viper Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 14th were paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Thursday, August 14th. Viper Energy's dividend payout ratio (DPR) is presently 38.15%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VNOM. Financial Gravity Companies Inc. purchased a new position in Viper Energy during the second quarter valued at $27,000. Cullen Frost Bankers Inc. bought a new stake in shares of Viper Energy in the 1st quarter worth $34,000. AlphaQuest LLC bought a new stake in shares of Viper Energy in the 1st quarter worth $41,000. Assetmark Inc. increased its holdings in shares of Viper Energy by 48.7% in the 2nd quarter. Assetmark Inc. now owns 1,068 shares of the oil and gas producer's stock worth $41,000 after purchasing an additional 350 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in shares of Viper Energy by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,000 shares of the oil and gas producer's stock worth $45,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 87.72% of the company's stock.

Viper Energy Company Profile

Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.

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