NASDAQ:PVAC - Penn Virginia Stock Price, Forecast & News

Penn Virginia trades on the NASDAQ under the ticker symbol "PVAC."

Penn Virginia Co. (NASDAQ:PVAC) announced its quarterly earnings results on Thursday, November, 7th. The company reported $1.97 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.08. The business had revenue of $119.30 million for the quarter, compared to analyst estimates of $121.18 million. View Penn Virginia's Earnings History.

Penn Virginia is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Penn Virginia.

3 brokers have issued 1-year price targets for Penn Virginia's shares. Their forecasts range from $54.00 to $67.00. On average, they anticipate Penn Virginia's stock price to reach $60.50 in the next twelve months. This suggests a possible upside of 245.1% from the stock's current price. View Analyst Price Targets for Penn Virginia.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn Virginia in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn Virginia.

News articles about PVAC stock have trended neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Penn Virginia earned a news impact score of 0.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Penn Virginia.

Penn Virginia saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,420,000 shares, a decline of 5.3% from the January 15th total of 1,500,000 shares. Based on an average daily volume of 185,100 shares, the short-interest ratio is currently 7.7 days. Currently, 9.5% of the company's shares are sold short. View Penn Virginia's Current Options Chain.

Based on aggregate information from My MarketBeat watchlists, some companies that other Penn Virginia investors own include Energy Transfer LP Unit (ET), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), ChemoCentryx (CCXI), NetApp (NTAP), Steel Dynamics (STLD), Boeing (BA) and Chemours (CC).

Penn Virginia's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Westwood Holdings Group Inc. (5.01%), State Street Corp (4.03%), Royce & Associates LP (2.38%), Contrarian Capital Management L.L.C. (1.93%), Caymus Capital Partners L.P. (1.28%) and Bank of New York Mellon Corp (1.09%). Company insiders that own Penn Virginia stock include Diversified Asset Manageme Kls, John A Brooks, Mangrove Partners Master Fund,, Steven A Hartman, Strategic Value Partners, Llc and Tammy Hinkle. View Institutional Ownership Trends for Penn Virginia.

PVAC stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Oaktree Capital Management LP, Contrarian Capital Management L.L.C., Stifel Financial Corp, Bank of New York Mellon Corp, Renaissance Technologies LLC, State of Tennessee Treasury Department and Citigroup Inc.. Company insiders that have sold Penn Virginia company stock in the last year include Steven A Hartman and Strategic Value Partners, Llc. View Insider Buying and Selling for Penn Virginia.

PVAC stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Marshall Wace LLP, Schroder Investment Management Group, 1492 Capital Management LLC, State Street Corp, Caymus Capital Partners L.P., California Public Employees Retirement System and Westwood Holdings Group Inc.. Company insiders that have bought Penn Virginia stock in the last two years include John A Brooks and Mangrove Partners Master Fund,. View Insider Buying and Selling for Penn Virginia.

Shares of PVAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PVAC stock can currently be purchased for approximately $17.53.