NYSE:ESTE - Earthstone Energy Stock Price, Forecast & News

Earthstone Energy's stock was trading at $2.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ESTE shares have decreased by 34.2% and is now trading at $1.56. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Earthstone Energy.

Earthstone Energy is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Earthstone Energy.

Earthstone Energy Inc (NYSE:ESTE) issued its earnings results on Wednesday, March, 11th. The oil and gas producer reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.30 by $0.02. The oil and gas producer had revenue of $66.79 million for the quarter, compared to analyst estimates of $65.16 million. Earthstone Energy had a return on equity of 7.98% and a net margin of 0.38%. View Earthstone Energy's earnings history.

9 brokers have issued 12 month price targets for Earthstone Energy's stock. Their forecasts range from $3.00 to $9.00. On average, they expect Earthstone Energy's share price to reach $6.07 in the next year. This suggests a possible upside of 289.2% from the stock's current price. View analysts' price targets for Earthstone Energy.

News headlines about ESTE stock have been trending very negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Earthstone Energy earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutEarthstone Energy.

Earthstone Energy saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,888,600 shares, an increase of 7.3% from the February 27th total of 1,760,000 shares. Based on an average daily volume of 236,500 shares, the days-to-cover ratio is presently 8.0 days. Currently, 9.3% of the shares of the company are sold short. View Earthstone Energy's Current Options Chain.

Some companies that are related to Earthstone Energy include Vermilion Energy (VET), Crescent Point Energy (CPG), GeoPark (GPRK), Kosmos Energy (KOS), Chesapeake Energy (CHK), DELEK GRP LTD/ADR (DGRLY), Dorchester Minerals (DMLP), Kimbell Royalty Partners (KRP), Enerplus (ERF), Talos Energy (TALO), Matador Resources (MTDR), Bonanza Creek Energy (BCEI), W&T Offshore (WTI), Tellurian (TELL) and Antero Resources (AR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Earthstone Energy investors own include Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Exxon Mobil (XOM), Primo Water (PRMW), Kinder Morgan (KMI), NGL Energy Partners (NGL), AGNC Investment (AGNC), ChemoCentryx (CCXI) and Corbus Pharmaceuticals (CRBP).

Earthstone Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTE."

Shares of ESTE 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 ESTE stock can currently be purchased for approximately $1.56.

Earthstone Energy has a market capitalization of $100.98 million and generates $191.26 million in revenue each year. The oil and gas producer earns $720,000.00 in net income (profit) each year or $0.92 on an earnings per share basis. Earthstone Energy employs 65 workers across the globe. View additional information about Earthstone Energy.

The official website for Earthstone Energy is http://www.earthstoneenergy.com/.

Earthstone Energy's mailing address is 1400 Woodloch Forest Drive Suite 300, The Woodlands TX, 77380. The oil and gas producer can be reached via phone at 281-298-4246 or via email at [email protected]