Q3 EPS Estimate for Northern Oil and Gas Lowered by Analyst

Key Points

• Zacks Research has lowered its Q3 2025 earnings estimate for Northern Oil and Gas from $0.86 to $0.71 per share, impacting investor sentiment on the stock.
• Several analysts have also adjusted their price targets, with Mizuho reducing theirs to $32.00 while Citigroup raised it to $38.00, reflecting mixed opinions on the stock's future performance.
• Northern Oil and Gas announced a quarterly dividend of $0.45 per share, indicating a strong annual yield of 7.4% despite recent earnings revisions.

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Analysts at Zacks Research lowered their Q3 2025 earnings estimates for shares of Northern Oil and Gas in a research report issued to clients and investors on Thursday, August 14th. Zacks Research analyst Team now anticipates that the company will earn $0.71 per share for the quarter, down from their previous forecast of $0.86. 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' Q4 2025 earnings at $0.88 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.87 EPS, FY2026 earnings at $3.10 EPS, Q1 2027 earnings at $0.91 EPS, Q2 2027 earnings at $0.92 EPS and FY2027 earnings at $3.67 EPS.

NOG has been the subject of several other research reports. Piper Sandler reissued a "neutral" rating and issued a $25.00 price target (down previously from $31.00) on shares of Northern Oil and Gas in a research note on Monday, August 4th. Bank of America raised their price target on shares of Northern Oil and Gas from $29.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. Mizuho reduced their price objective on shares of Northern Oil and Gas from $33.00 to $32.00 and set a "neutral" rating on the stock in a report on Wednesday, July 16th. Morgan Stanley lowered shares of Northern Oil and Gas from a "positive" rating to an "underweight" rating and reduced their price objective for the company from $29.00 to $27.00 in a report on Monday. Finally, Royal Bank Of Canada cut their price target 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. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $36.89.

Northern Oil and Gas Price Performance

NOG stock traded up $1.3440 during mid-day trading on Monday, reaching $25.0640. The company's stock had a trading volume of 1,873,946 shares, compared to its average volume of 1,934,318. The stock has a market cap of $2.45 billion, a PE ratio of 4.14 and a beta of 1.55. 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 fifty-two week low of $19.88 and a fifty-two week high of $44.31. The company's 50 day moving average is $27.76 and its two-hundred day moving average is $28.19.

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

Hedge Funds Weigh In On Northern Oil and Gas

Institutional investors and hedge funds have recently bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB increased its position in Northern Oil and Gas by 133.3% during 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 last quarter. UMB Bank n.a. boosted its stake in Northern Oil and Gas by 200.3% during the 2nd quarter. UMB Bank n.a. now owns 955 shares of the company's stock valued at $27,000 after acquiring an additional 637 shares during the last quarter. Pinnacle Holdings LLC bought a new position in Northern Oil and Gas during the 1st quarter valued at $28,000. Laurel Wealth Advisors LLC lifted its position in shares of Northern Oil and Gas by 2,736.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,021 shares of the company's stock worth $29,000 after buying an additional 985 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of Northern Oil and Gas by 60.0% in 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 last quarter. Institutional investors and hedge funds own 98.80% of the company's stock.

Northern Oil and Gas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Monday, September 29th. Northern Oil and Gas's payout ratio is currently 29.70%.

About Northern Oil and Gas

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.