NYSE:ESTE Earthstone Energy (ESTE) Stock Forecast, Price & News $19.47 -0.77 (-3.80%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$19.32▼$20.3650-Day Range$15.26▼$21.0752-Week Range$11.32▼$21.98Volume1.05 million shsAverage Volume1.51 million shsMarket Capitalization$2.74 billionP/E Ratio4.59Dividend YieldN/APrice Target$22.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Earthstone Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside15.6% Upside$22.50 Price TargetShort InterestHealthy2.34% of Shares Sold ShortDividend StrengthN/ASustainability-8.30Upright™ Environmental ScoreNews Sentiment0.60Based on 6 Articles This WeekInsider TradingSelling Shares$73.65 M Sold Last QuarterProj. Earnings Growth39.82%From $3.29 to $4.60 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.2.31 out of 5 starsOils/Energy Sector94th out of 251 stocksCrude Petroleum & Natural Gas Industry44th out of 82 stocks 2.3 Analyst's Opinion Consensus RatingEarthstone Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.50, Earthstone Energy has a forecasted upside of 15.6% from its current price of $19.47.Amount of Analyst CoverageEarthstone Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.34% of the outstanding shares of Earthstone Energy have been sold short.Short Interest Ratio / Days to CoverEarthstone Energy has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Earthstone Energy has recently decreased by 5.73%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldEarthstone Energy does not currently pay a dividend.Dividend GrowthEarthstone Energy does not have a long track record of dividend growth. Previous Next 0.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEarthstone Energy has received a -95.82% net impact score from Upright. The largest negative impact of Earthstone Energy in category "GHG emissions" seems to be driven mostly by its "Crude oil", "Crude natural gas", and "Natural gas exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for Earthstone Energy is -8.30. Previous Next 2.6 News and Social Media Coverage News SentimentEarthstone Energy has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Earthstone Energy this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for ESTE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows14 people have added Earthstone Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Earthstone Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $73,647,675.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Earthstone Energy is held by insiders.Percentage Held by Institutions69.94% of the stock of Earthstone Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Earthstone Energy are expected to grow by 39.82% in the coming year, from $3.29 to $4.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Earthstone Energy is 4.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Earthstone Energy is 4.59, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.01.Price to Book Value per Share RatioEarthstone Energy has a P/B Ratio of 1.17. 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 Earthstone Energy (NYSE:ESTE) StockEarthstone Energy, Inc., operates as an independent oil and gas company in the United States. It engages in the acquisition and development of oil and gas reserves through drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. The company's asset portfolio includes the Midland Basin in West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend located in southern Gonzales County, Texas. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas.Read More ESTE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESTE Stock News HeadlinesOctober 2, 2023 | americanbankingnews.comEarthstone Energy (NYSE:ESTE) Coverage Initiated by Analysts at StockNews.comSeptember 29, 2023 | americanbankingnews.comFrank Alan Lodzinski Sells 51,968 Shares of Earthstone Energy, Inc. (NYSE:ESTE) StockOctober 2, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 28, 2023 | benzinga.comExecutive Chairman At This Energy Company Sells $1.05M of StockSeptember 24, 2023 | americanbankingnews.comEarthstone Energy (NYSE:ESTE) Earns Hold Rating from Analysts at StockNews.comSeptember 13, 2023 | 247wallst.comCapital One Downgrades Earthstone EnergySeptember 13, 2023 | msn.comCapital One Downgrades Earthstone Energy Inc - (ESTE)September 12, 2023 | markets.businessinsider.comWhat 9 Analyst Ratings Have To Say About Earthstone EnergyOctober 2, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”August 26, 2023 | benzinga.comLifshitz Law PLLC Announces Investigations of TMBR, PR, ESTE, and CELLAugust 24, 2023 | benzinga.comMoore Kuehn Encourages ZYNE, ESTE, SOLO, and CEQP Investors to Contact Law FirmAugust 23, 2023 | markets.businessinsider.comPermian Resources To Buy Earthstone For $4.5 Bln; ESTE Up Over 8% In Pre-marketAugust 22, 2023 | msn.comMizuho Reiterates Earthstone Energy Inc - (ESTE) Neutral RecommendationAugust 22, 2023 | msn.comEarthstone Energy: Valued Fairly In Its $4.5 Billion Acquisition By Permian ResourcesAugust 21, 2023 | benzinga.comShareholder Alert: Ademi LLP investigates whether Earthstone Energy, Inc. has obtained a Fair Price in its transaction with Permian ResourcesAugust 21, 2023 | bizjournals.comNewly formed Permian Resources Corp. to acquire Earthstone Energy in $4.5B dealAugust 21, 2023 | msn.comEarthstone Energy (NYSE: ESTE) to Merge with Permian Resources in $4.5 Billion DealAugust 21, 2023 | finance.yahoo.comPermian Resources to acquire Earthstone Energy in $4.5bn dealAugust 21, 2023 | finance.yahoo.com$4.5B acquisition deal between Texas firms could grow oil assets in southeastern New MexicoAugust 21, 2023 | theglobeandmail.comMarkets Today: Stocks Bounce Higher After Last Week’s LossesAugust 21, 2023 | theglobeandmail.comPermian Resources to buy Earthstone Energy in all-stock transaction valued at US$4.5-billionAugust 21, 2023 | finance.yahoo.comPermian Resources to Acquire Earthstone Energy in All-Stock Transaction, Creating a $14 Billion Premier Delaware Basin Independent E&PAugust 21, 2023 | markets.businessinsider.comPermian Resources Inks $4.5B Deal To Buy Earthstone EnergyAugust 17, 2023 | markets.businessinsider.comWall Street’s Best Analyst Recommends 3 Stocks to BuyAugust 16, 2023 | markets.businessinsider.comAnalyst Expectations for Earthstone Energy's FutureAugust 16, 2023 | finanznachrichten.deEarthstone Energy Inc: Earthstone Announces Closing of the Novo AcquisitionAugust 15, 2023 | finance.yahoo.comEarthstone Announces Closing of the Novo AcquisitionSee More Headlines Receive ESTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Earthstone Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address ESTE Company Calendar Last Earnings8/02/2023Today10/02/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ESTE Previous SymbolNASDAQ:ESTE CUSIPN/A CIK10254 Webwww.earthstoneenergy.com Phone(281) 298-4246Fax832-823-0498Employees219Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.50 High Stock Price Forecast$29.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+15.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.24 Trailing P/E Ratio4.59 Forward P/E Ratio5.92 P/E GrowthN/ANet Income$452.48 million Net Margins25.40% Pretax Margin43.82% Return on Equity22.08% Return on Assets13.03% Debt Debt-to-Equity Ratio0.41 Current Ratio0.55 Quick Ratio0.55 Sales & Book Value Annual Sales$1.70 billion Price / Sales1.61 Cash Flow$6.14 per share Price / Cash Flow3.17 Book Value$16.62 per share Price / Book1.17Miscellaneous Outstanding Shares140,590,000Free Float135,950,000Market Cap$2.74 billion OptionableNot Optionable Beta2.07 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Frank A. Lodzinski (Age 74)Exec. Chairman Mr. Robert J. Anderson (Age 61)Pres, CEO & Director Comp: $1.31MMr. Mark Lumpkin Jr. (Age 49)Exec. VP & CFO Comp: $944.97kMr. Steven C. Collins (Age 58)Exec. VP & COO Comp: $944.97kMr. Tony Oviedo CPA (Age 69)Exec. VP of Accounting & Admin. Comp: $944.97kMr. Timothy D. Merrifield (Age 67)Exec. VP of Geology & Geophysics Comp: $944.97kMr. Clay P. JeansonneDirector of Investor RelationsMr. Robert W. Hunt Jr. (Age 42)J.D., Exec. VP, Gen. Counsel & Corp. Sec. Mr. Leonard W. WoodVP of Exploration & Devel.Mr. Scott ThelanderVP of Fin. & TreasurerMore ExecutivesKey CompetitorsComstock ResourcesNYSE:CRKCallon PetroleumNYSE:CPEVista EnergyNYSE:VISTVermilion EnergyNYSE:VETPar PacificNYSE:PARRView All CompetitorsInsiders & InstitutionsFrank Alan LodzinskiSold 51,968 sharesTotal: $1.05 M ($20.16/share)Wolverine Trading LLCBought 14,800 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemBought 7,828 shares on 8/21/2023Ownership: 0.047%Royal Bank of CanadaBought 10,482 shares on 8/15/2023Ownership: 0.020%State of Tennessee Treasury DepartmentBought 4,542 shares on 8/15/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions ESTE Stock - Frequently Asked Questions Should I buy or sell Earthstone Energy stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ESTE shares. View ESTE analyst ratings or view top-rated stocks. What is Earthstone Energy's stock price forecast for 2023? 4 analysts have issued 1 year target prices for Earthstone Energy's stock. Their ESTE share price forecasts range from $18.00 to $29.00. On average, they predict the company's stock price to reach $22.50 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View analysts price targets for ESTE or view top-rated stocks among Wall Street analysts. How have ESTE shares performed in 2023? Earthstone Energy's stock was trading at $14.23 at the beginning of 2023. Since then, ESTE stock has increased by 36.8% and is now trading at $19.47. View the best growth stocks for 2023 here. Are investors shorting Earthstone Energy? Earthstone Energy saw a drop in short interest in September. As of September 15th, there was short interest totaling 3,290,000 shares, a drop of 5.7% from the August 31st total of 3,490,000 shares. Based on an average trading volume of 1,790,000 shares, the days-to-cover ratio is currently 1.8 days. View Earthstone Energy's Short Interest. When is Earthstone Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our ESTE earnings forecast. How were Earthstone Energy's earnings last quarter? Earthstone Energy, Inc. (NYSE:ESTE) announced its quarterly earnings results on Wednesday, August, 2nd. The oil and gas producer reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by $0.01. The oil and gas producer earned $370.01 million during the quarter, compared to the consensus estimate of $350.15 million. Earthstone Energy had a net margin of 25.40% and a trailing twelve-month return on equity of 22.08%. The business's revenue for the quarter was down 21.7% compared to the same quarter last year. During the same period last year, the firm earned $1.29 earnings per share. What ETFs hold Earthstone Energy's stock? ETFs with the largest weight of Earthstone Energy (NYSE:ESTE) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and WisdomTree U.S. SmallCap Fund (EES).iShares U.S. Oil & Gas Exploration & Production ETF (IEO). What other stocks do shareholders of Earthstone Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Earthstone Energy investors own include CBL & Associates Properties (CBL), Energy Transfer (ET), KushCo (KSHB), Sorrento Therapeutics (SRNE), Enerplus (ERF), Matinas BioPharma (MTNB), Organigram (OGI), Chesapeake Energy (CHKAQ), New Residential Investment (NRZ) and Rigel Pharmaceuticals (RIGL). What is Earthstone Energy's stock symbol? Earthstone Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTE." How do I buy shares of Earthstone Energy? Shares of ESTE 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 Earthstone Energy's stock price today? One share of ESTE stock can currently be purchased for approximately $19.47. How much money does Earthstone Energy make? Earthstone Energy (NYSE:ESTE) has a market capitalization of $2.74 billion and generates $1.70 billion in revenue each year. The oil and gas producer earns $452.48 million in net income (profit) each year or $4.24 on an earnings per share basis. How many employees does Earthstone Energy have? The company employs 219 workers across the globe. How can I contact Earthstone Energy? Earthstone Energy's mailing address is 1400 Woodloch Forest Drive Suite 300, The Woodlands Te, 77380. The official website for the company is www.earthstoneenergy.com. The oil and gas producer can be reached via phone at (281) 298-4246, via email at investorrelations@earthstoneenergy.com, or via fax at 832-823-0498. This page (NYSE:ESTE) was last updated on 10/2/2023 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. 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