NYSE:ESTEEarthstone 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 (WHO). Since then, ESTE shares have increased by 22.4% and is now trading at $2.90. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 3 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 Tuesday, August 4th 2020. View our earnings forecast for Earthstone Energy.

Earthstone Energy Inc (NYSE:ESTE) released its quarterly earnings data on Wednesday, May, 6th. The oil and gas producer reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by $0.01. The oil and gas producer had revenue of $45.14 million for the quarter, compared to analyst estimates of $50.90 million. Earthstone Energy had a net margin of 17.70% and a return on equity of 6.30%. View Earthstone Energy's earnings history.

8 analysts have issued 12-month price targets for Earthstone Energy's shares. Their forecasts range from $3.00 to $8.00. On average, they anticipate Earthstone Energy's share price to reach $4.75 in the next year. This suggests a possible upside of 63.8% from the stock's current price. View analysts' price targets for Earthstone Energy.

Media coverage about ESTE stock has been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring 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 closest to five being the most favorable. Earthstone Energy earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutEarthstone Energy.

Earthstone Energy saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,000,000 shares, an increase of 5.3% from the April 15th total of 1,900,000 shares. Based on an average trading volume of 312,200 shares, the days-to-cover ratio is currently 6.4 days. Approximately 9.8% 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 Enerplus (ERF), GeoPark (GPRK), SM Energy (SM), Kimbell Royalty Partners (KRP), Dorchester Minerals (DMLP), W&T Offshore (WTI), Berry Petroleum (BRY), DELEK GRP LTD/ADR (DGRLY), Bonanza Creek Energy (BCEI), Hess Midstream Partners (HESM), GENEL ENERGY PL/ADR (GEGYY), Centennial Resource Development (CDEV), Callon Petroleum (CPE), Advantage Oil & Gas (AAVVF) and Tellurian (TELL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Earthstone Energy investors own include Ring Energy (REI), Ring Energy (REI), Energy Transfer LP Unit (ET), Ford Motor (F), Caesars Entertainment (CZR), Oasis Petroleum (OAS), Penn National Gaming (PENN), Centennial Resource Development (CDEV), SRC Energy (SRCI) and Exxon Mobil (XOM).

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

Earthstone Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.05%), Geode Capital Management LLC (0.44%), Parametric Portfolio Associates LLC (0.37%), Russell Investments Group Ltd. (0.33%), Victory Capital Management Inc. (0.29%) and Victory Capital Management Inc. (0.29%). Company insiders that own Earthstone Energy stock include Mark Lumpkin Jr, Robert John Anderson and Tony Oviedo. View institutional ownership trends for Earthstone Energy.

ESTE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., UBS Group AG, and Morgan Stanley. View insider buying and selling activity for Earthstone Energy.

ESTE stock was bought by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Monarch Partners Asset Management LLC, Keebeck Alpha LP, Geode Capital Management LLC, BlackRock Inc., and Heritage Investors Management Corp. Company insiders that have bought Earthstone Energy stock in the last two years include Mark Lumpkin Jr, and Robert John Anderson. View insider buying and selling activity for Earthstone Energy.

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 $2.90.

Earthstone Energy has a market capitalization of $187.71 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.

The official website for Earthstone Energy is www.earthstoneenergy.com.

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