HighPeak Energy (HPK) Stock Forecast, Price & News

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.
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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.
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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.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our HPK earnings forecast.

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%.

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.

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.

HighPeak Energy trades on the NASDAQ under the ticker symbol "HPK."

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.
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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.
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One share of HPK stock can currently be purchased for approximately $16.29.

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.

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.