What is KeyCorp's Forecast for MNR FY2025 Earnings?

Key Points

• KeyCorp has lowered its FY2025 earnings per share estimate for Mach Natural Resources from $2.65 to $2.03, maintaining an "Overweight" rating on the stock.
• The consensus estimate for the company's current full-year earnings is $1.95 per share, reflecting a decrease from previous predictions.
• Mach Natural Resources recently announced a quarterly dividend of $0.38 per share with a dividend yield of 12.6% and a dividend payout ratio of 78.35%.

Mach Natural Resources LP (NYSE:MNR - Free Report) - KeyCorp reduced their FY2025 EPS estimates for Mach Natural Resources in a research note issued on Tuesday, October 14th. KeyCorp analyst T. Rezvan now forecasts that the company will post earnings per share of $2.03 for the year, down from their prior estimate of $2.65. KeyCorp currently has a "Overweight" rating on the stock. The consensus estimate for Mach Natural Resources' current full-year earnings is $1.95 per share. KeyCorp also issued estimates for Mach Natural Resources' Q4 2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.82 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.15 EPS and FY2027 earnings at $0.86 EPS.

Mach Natural Resources (NYSE:MNR - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.53 by $0.23. The company had revenue of $288.52 million during the quarter, compared to analyst estimates of $237.56 million. Mach Natural Resources had a net margin of 20.83% and a return on equity of 23.23%.

Several other research analysts have also commented on the stock. Northland Capmk raised shares of Mach Natural Resources to a "strong-buy" rating in a research note on Monday. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mach Natural Resources in a research note on Wednesday, October 8th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Mach Natural Resources in a research note on Monday, July 14th. Zacks Research lowered shares of Mach Natural Resources from a "hold" rating to a "strong sell" rating in a research note on Monday. Finally, William Blair started coverage on shares of Mach Natural Resources in a research note on Monday, August 25th. They set an "outperform" rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Mach Natural Resources currently has an average rating of "Moderate Buy" and a consensus price target of $22.50.

Mach Natural Resources Stock Down 1.8%

NYSE MNR opened at $12.05 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 0.41. The company has a fifty day moving average of $13.56 and a two-hundred day moving average of $13.97. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 6.21 and a beta of -0.11. Mach Natural Resources has a 52 week low of $11.91 and a 52 week high of $19.00.

Institutional Trading of Mach Natural Resources

Several institutional investors and hedge funds have recently made changes to their positions in MNR. Goldman Sachs Group Inc. raised its holdings in shares of Mach Natural Resources by 120.5% in the first quarter. Goldman Sachs Group Inc. now owns 3,814,782 shares of the company's stock valued at $59,320,000 after acquiring an additional 2,084,511 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of Mach Natural Resources in the second quarter valued at about $7,630,000. American Century Companies Inc. raised its holdings in shares of Mach Natural Resources by 10.9% in the first quarter. American Century Companies Inc. now owns 2,478,355 shares of the company's stock valued at $38,538,000 after acquiring an additional 244,020 shares in the last quarter. Cooper Creek Partners Management LLC bought a new stake in shares of Mach Natural Resources in the second quarter valued at about $3,487,000. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of Mach Natural Resources in the first quarter valued at about $3,349,000. 78.36% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Mach Natural Resources

In other Mach Natural Resources news, Director William Wallace Mcmullen bought 3,085 shares of the firm's stock in a transaction dated Monday, August 11th. The stock was acquired at an average cost of $14.39 per share, for a total transaction of $44,393.15. Following the completion of the transaction, the director owned 74,816,024 shares in the company, valued at $1,076,602,585.36. This trade represents a 0.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 87.80% of the company's stock.

Mach Natural Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 12.6%. The ex-dividend date was Thursday, August 21st. Mach Natural Resources's dividend payout ratio (DPR) is 78.35%.

Mach Natural Resources Company Profile

Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. It also owns a portfolio of midstream assets, as well as owns plants and water infrastructure.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.