Q3 EPS Estimate for Northern Oil and Gas Boosted by Analyst

Key Points

• Zacks Research has raised its Q3 2025 earnings per share estimate for Northern Oil and Gas from $0.71 to $0.73, with a full-year estimate of $5.18 per share.
• The company recently declared a quarterly dividend of $0.45 per share, with an annualized yield of 7.0%, set to be paid on October 31st.
• Institutional investors own 98.80% of Northern Oil and Gas, indicating strong backing and confidence in the company's future performance.

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Equities researchers at Zacks Research upped their Q3 2025 earnings per share estimates for shares of Northern Oil and Gas in a research note issued to investors on Wednesday, September 10th. Zacks Research analyst Team now expects that the company will post earnings of $0.73 per share for the quarter, up from their previous estimate of $0.71. 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' Q1 2026 earnings at $0.75 EPS and FY2027 earnings at $3.19 EPS.

Other analysts have also issued research reports about the company. Bank of America upped their price objective on Northern Oil and Gas from $29.00 to $33.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Citigroup increased their price target on Northern Oil and Gas from $34.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Piper Sandler reissued a "neutral" rating and issued a $25.00 price objective (down from $31.00) on shares of Northern Oil and Gas in a research report on Monday, August 4th. Morgan Stanley lowered shares of Northern Oil and Gas from a "positive" rating to an "underweight" rating and dropped their price objective for the company from $29.00 to $27.00 in a research report on Monday, August 18th. Finally, Mizuho lowered their price target on shares of Northern Oil and Gas from $32.00 to $28.00 and set a "neutral" rating on the stock in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Northern Oil and Gas presently has a consensus rating of "Moderate Buy" and a consensus price target of $36.44.

Northern Oil and Gas Stock Performance

NYSE NOG traded up $0.39 on Friday, hitting $26.18. 491,842 shares of the stock were exchanged, compared to its average volume of 1,789,123. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.21 and a quick ratio of 1.21. The business's fifty day moving average is $26.27 and its 200 day moving average is $27.11. The company has a market capitalization of $2.55 billion, a PE ratio of 4.32 and a beta of 1.67. Northern Oil and Gas has a 52 week low of $19.88 and a 52 week high of $44.31.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $1.37 earnings per share (EPS) for the quarter, topping 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 business had revenue of $706.81 million for the quarter, compared to analyst estimates of $555.54 million. During the same quarter in the prior year, the company posted $1.46 earnings per share. Northern Oil and Gas's revenue was up 26.0% on a year-over-year basis.

Northern Oil and Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 29th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, September 29th. This represents a $1.80 dividend on an annualized basis and a yield of 6.9%. Northern Oil and Gas's payout ratio is currently 29.70%.

Institutional Trading of Northern Oil and Gas

Several hedge funds and other institutional investors have recently made changes to their positions in the company. DLD Asset Management LP grew its position in shares of Northern Oil and Gas by 42.9% in the 2nd quarter. DLD Asset Management LP now owns 25,000,000 shares of the company's stock valued at $708,750,000 after buying an additional 7,500,000 shares during the last quarter. Nuveen LLC bought a new stake in Northern Oil and Gas in the first quarter valued at approximately $36,288,000. Dimensional Fund Advisors LP boosted its holdings in Northern Oil and Gas by 30.4% in the first quarter. Dimensional Fund Advisors LP now owns 4,298,379 shares of the company's stock valued at $129,939,000 after acquiring an additional 1,001,493 shares during the last quarter. BW Gestao de Investimentos Ltda. bought a new stake in Northern Oil and Gas in the first quarter valued at approximately $14,137,000. Finally, American Century Companies Inc. boosted its holdings in Northern Oil and Gas by 6.4% in the first quarter. American Century Companies Inc. now owns 6,953,377 shares of the company's stock valued at $210,201,000 after acquiring an additional 415,781 shares during the last quarter. 98.80% of the stock is currently owned by institutional investors.

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.