NYSE:ESTE

Earthstone Energy (ESTE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$21.17
$21.17
50-Day Range
$18.35
$22.44
52-Week Range
$11.32
$22.45
Volume
N/A
Average Volume
1.51 million shs
Market Capitalization
$2.98 billion
P/E Ratio
4.99
Dividend Yield
N/A
Price Target
$22.50

Earthstone Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.3% Upside
$22.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-8.30
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
47.02%
From $3.36 to $4.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.96 out of 5 stars

Oils/Energy Sector

219th out of 236 stocks

Crude Petroleum & Natural Gas Industry

69th out of 76 stocks

ESTE stock logo

About Earthstone Energy Stock (NYSE:ESTE)

Earthstone Energy, Inc., operates as an independent oil and gas company in the United States. It engages in the acquisition and development of oil and gas reserves through drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. The company's asset portfolio includes the Midland Basin in West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend located in southern Gonzales County, Texas. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas.

ESTE Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Chord Energy: Will Q3's Production Growth Continue
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Earthstone Declares ‘Special’ Cash Dividend
Earthstone Declares Cash Dividend
Blank Spaces: 3 Stocks That Have Room to Grow in the Future
Capital One Downgrades Earthstone Energy
What 9 Analyst Ratings Have To Say About Earthstone Energy
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Previous Symbol
NASDAQ:ESTE
Employees
219
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.50
High Stock Price Target
$29.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$452.48 million
Pretax Margin
43.82%

Debt

Sales & Book Value

Annual Sales
$1.81 billion
Cash Flow
$6.40 per share
Book Value
$16.62 per share

Miscellaneous

Free Float
135,950,000
Market Cap
$2.98 billion
Optionable
Not Optionable
Beta
2.07
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ESTE Stock Analysis - Frequently Asked Questions

Should I buy or sell Earthstone Energy stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ESTE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESTE, but not buy additional shares or sell existing shares.
View ESTE analyst ratings
or view top-rated stocks.

What is Earthstone Energy's stock price target for 2024?

3 Wall Street analysts have issued 12-month target prices for Earthstone Energy's shares. Their ESTE share price targets range from $18.00 to $29.00. On average, they predict the company's share price to reach $22.50 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for ESTE
or view top-rated stocks among Wall Street analysts.

How were Earthstone Energy's earnings last quarter?

Earthstone Energy, Inc. (NYSE:ESTE) released its quarterly earnings data on Tuesday, October, 31st. The oil and gas producer reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.80 by $0.05. The oil and gas producer had revenue of $475.80 million for the quarter, compared to analysts' expectations of $449.68 million. Earthstone Energy had a trailing twelve-month return on equity of 22.08% and a net margin of 25.40%. The company's revenue was down 10.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.30 EPS.

How often does Earthstone Energy pay dividends? What is the dividend yield for Earthstone Energy?

Earthstone Energy announced an annual dividend on Monday, October 23rd. Investors of record on Tuesday, October 31st will be paid a dividend of $0.1446 per share on Monday, November 6th. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Monday, October 30th.
Read our dividend analysis for ESTE
.

Is Earthstone Energy a good dividend stock?

Earthstone Energy (NYSE:ESTE) pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 4.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESTE will have a dividend payout ratio of 2.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESTE.

What other stocks do shareholders of Earthstone Energy own?
This page (NYSE:ESTE) was last updated on 4/23/2024 by MarketBeat.com Staff

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