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

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

Penn Virginia Co. (NASDAQ:PVAC) issued its quarterly earnings data on Thursday, November, 7th. The company reported $1.97 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.89 by $0.08. The company earned $119.30 million during the quarter, compared to the consensus estimate 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 Wall Street analysts have issued 12 month price objectives for Penn Virginia's shares. Their forecasts range from $54.00 to $67.00. On average, they anticipate Penn Virginia's share price to reach $60.50 in the next year. 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 headlines about PVAC stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Penn Virginia earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Penn Virginia.

Penn Virginia saw a decline in short interest in 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 presently 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 number 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.