NASDAQ:HPK HighPeak Energy (HPK) Stock Forecast, Price & News $16.29 -0.55 (-3.27%) (As of 09/20/2023 ET) Add Compare Share Share Today's Range$16.28▼$16.8550-Day Range$12.31▼$16.8452-Week Range$10.44▼$30.15Volume892,645 shsAverage Volume500,946 shsMarket Capitalization$2.09 billionP/E Ratio8.06Dividend Yield0.61%Price Target$21.10 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media HighPeak Energy MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside29.5% Upside$21.10 Price TargetShort InterestBearish2.64% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 10 Articles This WeekInsider TradingAcquiring Shares$92.67 M Bought Last QuarterProj. Earnings Growth36.79%From $2.12 to $2.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsOils/Energy Sector43rd out of 234 stocksDrilling Oil & Gas Wells Industry1st out of 11 stocks 3.0 Analyst's Opinion Consensus RatingHighPeak Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.10, HighPeak Energy has a forecasted upside of 29.5% from its current price of $16.29.Amount of Analyst CoverageHighPeak Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.64% of the outstanding shares of HighPeak Energy have been sold short.Short Interest Ratio / Days to CoverHighPeak Energy has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in HighPeak Energy has recently increased by 2.42%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldHighPeak Energy has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthHighPeak Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of HighPeak Energy is 4.95%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, HighPeak Energy will have a dividend payout ratio of 3.45% next year. This indicates that HighPeak Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HPK. Previous Next 2.7 News and Social Media Coverage News SentimentHighPeak Energy has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for HighPeak Energy this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for HPK on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added HighPeak Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, HighPeak Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $92,668,275.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders83.80% of the stock of HighPeak Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 10.91% of the stock of HighPeak Energy is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for HighPeak Energy are expected to grow by 36.79% in the coming year, from $2.12 to $2.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of HighPeak Energy is 8.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.11.Price to Earnings Ratio vs. SectorThe P/E ratio of HighPeak Energy is 8.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.12.Price to Book Value per Share RatioHighPeak Energy has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About HighPeak Energy (NASDAQ:HPK) StockHighPeak Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.Read More HPK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HPK Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comHighPeak Energy (NASDAQ:HPK) Price Target Lowered to $34.20 at Roth MkmSeptember 19, 2023 | benzinga.comWhat 4 Analyst Ratings Have To Say About HighPeak EnergySeptember 21, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 18, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for HighPeak Energy, Inc. Lifted by Seaport Res Ptn (NASDAQ:HPK)September 17, 2023 | americanbankingnews.comHighPeak Energy (NASDAQ:HPK) Shares Gap Up to $15.75September 15, 2023 | msn.comHighPeak Energy Q3 production tops 50K boe/day, closes $1.2B term loanSeptember 15, 2023 | finance.yahoo.comHighPeak Energy, Inc. Announces the Closing of a $1.2 Billion Term Loan Financing and Company UpdateAugust 15, 2023 | finance.yahoo.comHighPeak Energy (NASDAQ:HPK) rises 4.0% this week, taking five-year gains to 55%September 21, 2023 | Altimetry (Ad)DOD Consultant's big 2024 prediction looks to be coming trueEarlier this year, a Department of Defense (DOD) consultant went public with a big prediction…About how a surprising 2024 event would dramatically affect you and your money. The most recent figures (published June 9th 2023) indicate he’s very likely to be right. Get the facts—learn how to prepare. Full analysis available free of charge here…August 8, 2023 | finance.yahoo.comHighPeak Energy, Inc. (HPK) Misses Q2 Earnings and Revenue EstimatesAugust 8, 2023 | finance.yahoo.comHighPeak Energy, Inc. Announces Second Quarter 2023 Financial and Operating ResultsAugust 3, 2023 | msn.comHighPeak Energy (HPK) Price Target Decreased by 23.30% to 22.95July 31, 2023 | finance.yahoo.comHighPeak Energy, Inc. Announces 2023 Second Quarter Earnings Release and Conference Call DatesJuly 28, 2023 | realmoney.thestreet.comHere's Why I Continue to Like Energy StocksJuly 27, 2023 | seekingalpha.comHighPeak Energy: Finance Bumps And BruisesJuly 25, 2023 | seekingalpha.comHighPeak Energy: Equity Raise Improves Odds Of Note RefinancingJuly 24, 2023 | msn.comHuge Insider Buy Sends HighPeak Energy SpikingJuly 24, 2023 | seekingalpha.comHighPeak Energy skyrockets as insiders buy $92M of sharesJuly 22, 2023 | finance.yahoo.comHighPeak Energy's John DeJoria Acquires 84% More StockJuly 21, 2023 | finance.yahoo.comHighPeak Energy, Inc. Announces Closing of Underwritten Public Offering of Common StockJuly 19, 2023 | msn.comHighPeak Energy prices stock offering to raise $135.5MJuly 19, 2023 | markets.businessinsider.comWhy HighPeak Energy Shares Are Tumbling WednesdayJuly 19, 2023 | msn.comHighPeak Energy (NASDAQ:HPK) Plummets on Announcing Stock OfferingJuly 18, 2023 | msn.comHighPeak Energy plunges after disclosing stock offeringJuly 18, 2023 | markets.businessinsider.comHighPeak Energy Stock Is Getting Drilled: What's Going On?July 18, 2023 | finance.yahoo.comHighPeak Energy, Inc. Announces Commencement of Underwritten Public Offering of Common StockJuly 17, 2023 | seekingalpha.comHighPeak Energy Faces Challenges With Refinancing Of 2024 NotesSee More Headlines Receive HPK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for HighPeak Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address HPK Company Calendar Last Earnings8/07/2023Ex-Dividend for 8/25 Dividend8/07/2023Dividend Payable8/25/2023Today9/20/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Drilling oil & gas wells Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:HPK CUSIPN/A CIK1792849 Webwww.highpeakenergy.com Phone(817) 850-9200FaxN/AEmployees47Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.10 High Stock Price Forecast$34.20 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+29.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio8.06 Forward P/E Ratio7.68 P/E GrowthN/ANet Income$236.85 million Net Margins27.83% Pretax Margin36.01% Return on Equity22.02% Return on Assets10.78% Debt Debt-to-Equity Ratio0.18 Current Ratio0.13 Quick Ratio0.12 Sales & Book Value Annual Sales$926.58 million Price / Sales2.25 Cash Flow$4.30 per share Price / Cash Flow3.79 Book Value$10.34 per share Price / Book1.58Miscellaneous Outstanding Shares128,221,000Free Float20,772,000Market Cap$2.09 billion OptionableNot Optionable Beta0.73 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Jack D. Hightower (Age 74)Chairman & CEO Comp: $2.98MMr. Michael L. Hollis (Age 48)Pres & Director Comp: $1.8MMr. Rodney L. Woodard (Age 67)Exec. VP & COO Comp: $768.76kMr. Steven W. Tholen (Age 72)Chief Financial Officer Mr. Keith E. Forbes (Age 60)VP & Chief Accounting Officer Dr. Alan R. HuffmanExec. VP & CTOMore ExecutivesKey CompetitorsNabors IndustriesNYSE:NBRPatterson-UTI EnergyNASDAQ:PTENBorr DrillingNYSE:BORRPrecision DrillingNYSE:PDSHelmerich & PayneNYSE:HPView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 62,500 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemBought 944 shares on 8/21/2023Ownership: 0.003%Osaic Holdings Inc.Sold 2,093 shares on 8/21/2023Ownership: 0.002%Coppell Advisory Solutions LLCBought 5,550 shares on 8/17/2023Ownership: 0.004%Citadel Advisors LLCBought 200 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions HPK Stock - Frequently Asked Questions Should I buy or sell HighPeak Energy stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HighPeak Energy in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HPK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPK, but not buy additional shares or sell existing shares. View HPK analyst ratings or view top-rated stocks. What is HighPeak Energy's stock price forecast for 2023? 2 Wall Street research analysts have issued 12-month price targets for HighPeak Energy's shares. Their HPK share price forecasts range from $8.00 to $34.20. On average, they predict the company's share price to reach $21.10 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price. View analysts price targets for HPK or view top-rated stocks among Wall Street analysts. How have HPK shares performed in 2023? HighPeak Energy's stock was trading at $22.87 at the beginning of the year. Since then, HPK shares have decreased by 28.8% and is now trading at $16.29. View the best growth stocks for 2023 here. When is HighPeak Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our HPK earnings forecast. How were HighPeak Energy's earnings last quarter? HighPeak Energy, Inc. (NASDAQ:HPK) announced its quarterly earnings data on Monday, August, 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.17. The firm had revenue of $240.76 million for the quarter, compared to analysts' expectations of $245.84 million. HighPeak Energy had a net margin of 27.83% and a trailing twelve-month return on equity of 22.02%. How often does HighPeak Energy pay dividends? What is the dividend yield for HighPeak Energy? HighPeak Energy declared a quarterly dividend on Monday, July 24th. Investors of record on Tuesday, August 8th will be paid a dividend of $0.025 per share on Friday, August 25th. This represents a $0.10 annualized dividend and a yield of 0.61%. The ex-dividend date is Monday, August 7th. Read our dividend analysis for HPK. Is HighPeak Energy a good dividend stock? HighPeak Energy (NASDAQ:HPK) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.63%. The dividend payout ratio is 4.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPK will have a dividend payout ratio of 3.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HPK. What is HighPeak Energy's stock symbol? HighPeak Energy trades on the NASDAQ under the ticker symbol "HPK." Who are HighPeak Energy's major shareholders? HighPeak Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Syntal Capital Partners LLC (0.82%), BlackRock Inc. (0.65%), Geode Capital Management LLC (0.28%), Creative Financial Designs Inc. ADV (0.23%), Bank of New York Mellon Corp (0.19%) and Marshall Wace LLP (0.15%). Insiders that own company stock include Jack Hightower, Jason A Edgeworth, John Paul Dejoria, Keith E Forbes, Michael H Gustin, Michael L Hollis, Rodney L Woodard and Steven W Tholen. View institutional ownership trends. How do I buy shares of HighPeak Energy? Shares of HPK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is HighPeak Energy's stock price today? One share of HPK stock can currently be purchased for approximately $16.29. How much money does HighPeak Energy make? HighPeak Energy (NASDAQ:HPK) has a market capitalization of $2.09 billion and generates $926.58 million in revenue each year. The company earns $236.85 million in net income (profit) each year or $2.02 on an earnings per share basis. How can I contact HighPeak Energy? HighPeak Energy's mailing address is 421 3RD STREET SUITE 1000, FORT WORTH TX, 76102. The official website for the company is www.highpeakenergy.com. The company can be reached via phone at (817) 850-9200 or via email at rhightower@highpeakenergy.com. This page (NASDAQ:HPK) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding HighPeak Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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