What is Zacks Research's Forecast for NOG FY2025 Earnings?

Key Points

• Zacks Research has raised their FY2025 earnings per share estimate for Northern Oil and Gas to $4.31, slightly up from the previous estimate of $4.29, while the full-year consensus estimate is $5.18.
• Northern Oil and Gas reported a strong quarterly performance, with an EPS of $1.37, which beat consensus estimates by $0.50, and a revenue of $706.81 million, up 26.0% year-over-year.
• A recent quarterly dividend of $0.45 per share was announced, equating to an annualized dividend of $1.80 and a yield of 7.0%, indicating a healthy return for shareholders.

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Equities research analysts at Zacks Research raised their FY2025 earnings per share estimates for Northern Oil and Gas in a report released on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the company will earn $4.31 per share for the year, up from their prior estimate of $4.29. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.18 per share. Zacks Research also issued estimates for Northern Oil and Gas' Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.84 EPS, FY2026 earnings at $2.93 EPS, Q1 2027 earnings at $0.78 EPS and Q2 2027 earnings at $0.79 EPS.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $0.87 by $0.50. Northern Oil and Gas had a return on equity of 22.12% and a net margin of 23.62%.The company had revenue of $706.81 million for the quarter, compared to the consensus estimate of $555.54 million. During the same quarter last year, the company posted $1.46 earnings per share. The company's revenue for the quarter was up 26.0% compared to the same quarter last year.

Several other brokerages also recently issued reports on NOG. Royal Bank Of Canada lowered their price objective on shares of Northern Oil and Gas from $34.00 to $33.00 and set a "sector perform" rating on the stock in a research note on Monday, July 14th. Citigroup raised their price objective on shares of Northern Oil and Gas from $34.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Morgan Stanley cut Northern Oil and Gas from a "positive" rating to an "underweight" rating and reduced their target price for the stock from $29.00 to $27.00 in a research report on Monday, August 18th. Piper Sandler reaffirmed a "neutral" rating and issued a $25.00 target price (down from $31.00) on shares of Northern Oil and Gas in a research report on Monday, August 4th. Finally, William Blair initiated coverage on Northern Oil and Gas in a research report on Monday, August 25th. They issued an "outperform" rating for the company. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $36.89.

Northern Oil and Gas Trading Up 4.3%

Shares of Northern Oil and Gas stock opened at $25.82 on Thursday. The company's fifty day simple moving average is $26.63 and its 200-day simple moving average is $27.33. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 4.26 and a beta of 1.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.98. Northern Oil and Gas has a 1 year low of $19.88 and a 1 year high of $44.31.

Institutional Trading of Northern Oil and Gas

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pinnacle Holdings LLC acquired a new stake in shares of Northern Oil and Gas in the first quarter valued at $28,000. MassMutual Private Wealth & Trust FSB increased its position in Northern Oil and Gas by 133.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 954 shares of the company's stock worth $27,000 after purchasing an additional 545 shares during the period. UMB Bank n.a. increased its position in Northern Oil and Gas by 200.3% in the second quarter. UMB Bank n.a. now owns 955 shares of the company's stock worth $27,000 after purchasing an additional 637 shares during the period. Laurel Wealth Advisors LLC increased its position in Northern Oil and Gas by 2,736.1% in the second quarter. Laurel Wealth Advisors LLC now owns 1,021 shares of the company's stock worth $29,000 after purchasing an additional 985 shares during the period. Finally, Signaturefd LLC grew its position in shares of Northern Oil and Gas by 60.0% during the 1st quarter. Signaturefd LLC now owns 1,080 shares of the company's stock worth $33,000 after buying an additional 405 shares during the period. 98.80% of the stock is currently owned by institutional investors and hedge funds.

Northern Oil and Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 29th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.0%. Northern Oil and Gas's dividend payout ratio (DPR) is presently 29.70%.

Northern Oil and Gas Company Profile

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States.

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