NYSE:ESTE Earthstone Energy - ESTE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Earthstone Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $12.89 -0.04 (-0.31%) (As of 03/28/2023 09:52 AM ET) Add Compare Share Share Today's Range$12.75▼$12.9750-Day Range$11.59▼$15.1452-Week Range$10.65▼$22.25Volume59,995 shsAverage Volume1.48 million shsMarket Capitalization$1.81 billionP/E Ratio3.17Dividend YieldN/APrice Target$23.17 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Earthstone Energy MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside79.2% Upside$23.17 Price TargetShort InterestBearish7.41% of Shares Sold ShortDividend StrengthN/ASustainability-8.30Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$57,250 Bought Last QuarterProj. Earnings Growth15.68%From $4.72 to $5.46 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.2.58 out of 5 starsOils/Energy Sector81st out of 247 stocksCrude Petroleum & Natural Gas Industry35th out of 80 stocks 3.1 Analyst's Opinion Consensus RatingEarthstone Energy has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.17, Earthstone Energy has a forecasted upside of 79.2% from its current price of $12.93.Amount of Analyst CoverageEarthstone Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.41% 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 7.1.Change versus previous monthShort interest in Earthstone Energy has recently increased by 4.94%, indicating that investor sentiment is decreasing. 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 3.0 News and Social Media Coverage News SentimentEarthstone Energy has a news sentiment score of 1.34. 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 is a higher news sentiment than the 0.43 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Earthstone Energy this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for ESTE on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.MarketBeat Follows18 people have added Earthstone Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Earthstone Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $57,250.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders40.67% of the stock of Earthstone Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions82.77% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Earthstone Energy are expected to grow by 15.68% in the coming year, from $4.72 to $5.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Earthstone Energy is 3.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Earthstone Energy is 3.18, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 57.65.Price to Book Value per Share RatioEarthstone Energy has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Earthstone Energy (NYSE:ESTE) StockEarthstone Energy, Inc. is a growth-oriented independent oil and gas company. The firm is engaged in the acquisition and development of oil and gas reserves through activities that include drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. It also focuses on the Midland Basin in West Texas, the Eagle Ford Trend in South Texas and the Delaware Basin in New Mexico. The company was founded on July 7, 1969 and is headquartered in The Woodlands, TX.Read More 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 Stock News HeadlinesMarch 22, 2023 | americanbankingnews.comEarthstone Energy, Inc. (NYSE:ESTE) CEO Buys $57,250.00 in StockMarch 21, 2023 | americanbankingnews.comContrasting Earthstone Energy (NYSE:ESTE) & Chesapeake Energy (OTCMKTS:CHKAQ)March 28, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureMarch 10, 2023 | finance.yahoo.comEarthstone Energy Full Year 2022 Earnings: Beats ExpectationsMarch 10, 2023 | finance.yahoo.comQ4 2022 Earthstone Energy Inc Earnings CallMarch 9, 2023 | finanznachrichten.deEarthstone Energy Inc: Earthstone Energy, Inc. Reports 2022 Fourth Quarter and Full Year ResultsMarch 8, 2023 | markets.businessinsider.comEarthstone Energy A is about to announce its earnings — here's what to expectMarch 8, 2023 | finance.yahoo.comEarthstone Energy, Inc. Reports 2022 Fourth Quarter and Full Year ResultsMarch 28, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureMarch 8, 2023 | finance.yahoo.comEarthstone Energy, Inc. Reports 2022 Fourth Quarter and Full Year ResultsMarch 6, 2023 | finance.yahoo.comAre Strong Financial Prospects The Force That Is Driving The Momentum In Earthstone Energy, Inc.'s NYSE:ESTE) Stock?March 2, 2023 | finance.yahoo.comEarthstone Energy, Inc. Announces Fourth Quarter and Full Year 2022 Conference Call for Thursday, March 9, 2023 at 11:00 a.m. EasternFebruary 23, 2023 | finance.yahoo.comEarthstone Energy to Participate in Upcoming ConferencesFebruary 16, 2023 | finanznachrichten.deEarthstone Energy Inc: Earthstone Provides Operational and Financial Update, 2023 Guidance and Proved ReservesFebruary 16, 2023 | msn.comEarthstone Energy average daily production jumped 246% in Q4February 16, 2023 | finance.yahoo.comEarthstone Provides Operational and Financial Update, 2023 Guidance and Proved ReservesJanuary 24, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of Earthstone Energy, Inc. (NYSE:ESTE)January 23, 2023 | nasdaq.comEarthstone Energy (ESTE) Shares Cross Above 200 DMAJanuary 18, 2023 | seekingalpha.comESTE Earthstone Energy, Inc.January 3, 2023 | finance.yahoo.comEarthstone Energy to Participate in Goldman Sachs Global Energy and Clean Technology ConferenceJanuary 2, 2023 | seekingalpha.comHighPeak Energy: New Issue Issues MitigatedDecember 19, 2022 | finance.yahoo.comAre Options Traders Betting on a Big Move in Earthstone (ESTE) Stock?November 22, 2022 | finance.yahoo.comThe total return for Earthstone Energy (NYSE:ESTE) investors has risen faster than earnings growth over the last three yearsNovember 18, 2022 | finance.yahoo.comThis Oil Stock Climbs 45% In 2022, Benefits From New Texas Oil BoomNovember 15, 2022 | benzinga.comMassive Insider Trade At Earthstone EnergyNovember 10, 2022 | benzinga.comEarthstone Energy Recent Insider ActivityNovember 10, 2022 | benzinga.comEarthstone Energy Executive Chairman Trades Company's StockSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings3/08/2023Today3/27/2023Next Earnings (Estimated)5/03/2023Fiscal 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) 298-4246Fax832-823-0498Employees81Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.17 High Stock Price Forecast$35.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+79.2%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$4.07 Trailing P/E Ratio3.18 Forward P/E Ratio2.74 P/E GrowthN/ANet Income$452.48 million Net Margins26.69% Pretax Margin45.72% Return on Equity31.01% Return on Assets17.44% Debt Debt-to-Equity Ratio0.45 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$1.70 billion Price / Sales1.07 Cash Flow$6.66 per share Price / Cash Flow1.94 Book Value$16.62 per share Price / Book0.78Miscellaneous Outstanding Shares140,440,000Free Float83,325,000Market Cap$1.82 billion OptionableNot Optionable Beta2.06 Key ExecutivesRobert John AndersonPresident, Chief Executive Officer & DirectorSteven C. CollinsChief Operating Officer & Executive Vice PresidentMark LumpkinChief Financial Officer & Executive Vice PresidentRobert W. HuntExecutive Vice President & General CounselTony OviedoExecutive VP-Accounting & AdministrationKey CompetitorsPar PacificNYSE:PARRTalos EnergyNYSE:TALOCrescent EnergyNYSE:CRGYVista EnergyNYSE:VISTCallon PetroleumNYSE:CPEView All CompetitorsInsiders & InstitutionsRobert John AndersonBought 5,000 shares on 3/16/2023Total: $57,250.00 ($11.45/share)Macquarie Group Ltd.Bought 521,024 shares on 2/21/2023Ownership: 1.924%Point72 Middle East FZEBought 29,812 shares on 2/16/2023Ownership: 0.021%Morgan StanleyBought 6,427 shares on 2/15/2023Ownership: 0.289%Delphia USA Inc.Sold 9,470 shares on 2/15/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions ESTE Stock - Frequently Asked Questions Should I buy or sell Earthstone Energy stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ESTE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESTE, but not buy additional shares or sell existing shares. View ESTE analyst ratings or view top-rated stocks. What is Earthstone Energy's stock price forecast for 2023? 6 Wall Street analysts have issued 12-month price objectives for Earthstone Energy's stock. Their ESTE share price forecasts range from $15.00 to $35.00. On average, they anticipate the company's stock price to reach $23.17 in the next twelve months. This suggests a possible upside of 79.2% 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 decreased by 9.1% and is now trading at $12.93. View the best growth stocks for 2023 here. Are investors shorting Earthstone Energy? Earthstone Energy saw a increase in short interest in February. As of February 28th, there was short interest totaling 9,920,000 shares, an increase of 10.3% from the February 13th total of 8,990,000 shares. Based on an average daily volume of 1,380,000 shares, the short-interest ratio is currently 7.2 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, May 3rd 2023. View our ESTE earnings forecast. How were Earthstone Energy's earnings last quarter? Earthstone Energy, Inc. (NYSE:ESTE) posted its earnings results on Wednesday, March, 8th. The oil and gas producer reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.09. The oil and gas producer earned $494.96 million during the quarter, compared to analysts' expectations of $459.08 million. Earthstone Energy had a net margin of 26.69% and a trailing twelve-month return on equity of 31.01%. The business's revenue was up 243.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 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 Dynamic Energy Exploration & Production ETF (PXE), Changebridge Capital Sustainable Equity ETF (CBSE), Changebridge Capital Long/Short Equity ETF (CBLS), Cambria Value and Momentum ETF (VAMO), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). 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." Who are Earthstone Energy's major shareholders? Earthstone Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Post Oak Energy Holdings LLC (7.99%), Macquarie Group Ltd. (1.92%), American Century Companies Inc. (1.51%), William Blair Investment Management LLC (1.26%), Millennium Management LLC (1.19%) and Dimensional Fund Advisors LP (1.19%). Insiders that own company stock include Cypress Investments, Llc, Frank Alan Lodzinski, James W Bernau, Jay Frederick Joliat, Mark Lumpkin Jr, Pincus (E&P) Xii LP Warburg, Post Oak Energy Holdings, Llc, Resources Holding Independence, Robert John Anderson and Tony Oviedo. View institutional ownership trends. 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 $12.93. How much money does Earthstone Energy make? Earthstone Energy (NYSE:ESTE) has a market capitalization of $1.82 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 $4.07 on an earnings per share basis. 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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