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

Penn Virginia's stock was trading at $5.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PVAC shares have decreased by 32.4% and is now trading at $3.50. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn Virginia in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Penn Virginia.

Penn Virginia is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Penn Virginia.

Penn Virginia Co. (NASDAQ:PVAC) announced its earnings results on Thursday, February, 27th. The company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.83. The firm earned $123.20 million during the quarter, compared to the consensus estimate of $121.39 million. Penn Virginia had a return on equity of 28.43% and a net margin of 15.00%. View Penn Virginia's earnings history.

3 Wall Street analysts have issued 1-year price targets for Penn Virginia's stock. 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 twelve months. This suggests a possible upside of 1,628.6% from the stock's current price. View analysts' price targets for Penn Virginia.

News stories about PVAC stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media 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 five, with scores nearest to five being the most favorable. Penn Virginia earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutPenn Virginia.

Penn Virginia saw a increase in short interest in February. As of February 28th, there was short interest totaling 1,640,000 shares, an increase of 18.8% from the February 13th total of 1,380,000 shares. Based on an average daily trading volume, of 228,100 shares, the short-interest ratio is presently 7.2 days. Currently, 10.9% of the shares of the company are sold short. View Penn Virginia's Current Options Chain.

Some companies that are related to Penn Virginia include Tellurian (TELL), Falcon Minerals (FLMN), Berry Petroleum (BRY), Advantage Oil & Gas (AAVVF), SUNDANCE ENERGY/S (SNDE), SM Energy (SM), Earthstone Energy (ESTE), Primeenergy Resources (PNRG), Denbury Resources (DNR), California Resources (CRC), Centennial Resource Development (CDEV), Oasis Petroleum (OAS), Laredo Petroleum (LPI), QEP Resources (QEP) and Gulfport Energy (GPOR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Penn Virginia investors own include Energy Transfer LP Unit (ET), Boeing (BA), AT&T (T), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), ChemoCentryx (CCXI), Caesars Entertainment (CZR) and Intuitive Surgical (ISRG).

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

Penn Virginia's stock is owned by a number 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%), Geode Capital Management LLC (1.38%) and Caymus Capital Partners L.P. (1.28%). 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, Walthausen & Co. LLC, Contrarian Capital Management L.L.C., Stifel Financial Corp, Bank of New York Mellon Corp, Renaissance Technologies LLC, and State of Tennessee Treasury Department. 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 activity 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, Hawk Ridge Capital Management LP, 1492 Capital Management LLC, State Street Corp, Caymus Capital Partners L.P., and California Public Employees Retirement System. 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 activity 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 $3.50.

Penn Virginia has a market capitalization of $53.06 million and generates $471.22 million in revenue each year. The company earns $70.59 million in net income (profit) each year or $8.97 on an earnings per share basis. Penn Virginia employs 95 workers across the globe. View additional information about Penn Virginia.

The official website for Penn Virginia is http://www.pennvirginia.com/.

Penn Virginia's mailing address is 16285 Park Ten Place Suite 500, Houston TX, 77084. The company can be reached via phone at 713-722-6500 or via email at [email protected]