NYSE:ESTE Earthstone Energy Stock Forecast, Price & News Adding Choose a 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. Log In and Add $2.65 +0.07 (+2.71 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$2.56Now: $2.65▼$2.7050-Day Range$2.49MA: $2.88▼$3.4952-Week Range$1.44Now: $2.65▼$7.23Volume332,856 shsAverage Volume258,841 shsMarket Capitalization$172.48 millionP/E Ratio7.79Dividend YieldN/ABeta2.6 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Earthstone Energy, Inc., an independent energy company, engages in the development and operation of oil and gas properties in the United States. Its asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas. As of December 31, 2018, the company operated 93 gross Eagle Ford wells; and 13 gross Austin Chalk wells, as well as had 98,847 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 23,646 MBOE of proved developed reserves and 75,201 MBOE of proved undeveloped reserves. Earthstone Energy, Inc. was founded in 1969 and is headquartered in The Woodlands, Texas.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingEarthstone Energy has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.08, Earthstone Energy has a forecasted upside of 91.8% from its current price of $2.65.Amount of Analyst CoverageEarthstone Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Community Rank Outperform VotesEarthstone Energy has received 522 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEarthstone Energy has received 342 “underperform” votes. (Add your “underperform” vote.)Community SentimentEarthstone Energy has received 60.42% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Earthstone Energy and other stocks. Vote “Outperform” if you believe ESTE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ESTE will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Earthstone Energy insiders have not sold or bought any company stock.Percentage Held by Insiders62.79% 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 InstitutionsOnly 23.43% of the stock of Earthstone Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Earthstone Energy are expected to decrease by -34.21% in the coming year, from $0.38 to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Earthstone Energy is 7.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Earthstone Energy is 7.79, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Book Value per Share RatioEarthstone Energy has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.85 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ESTE Previous SymbolNASDAQ:ESTE CUSIPN/A CIK10254 Webwww.earthstoneenergy.com Phone281-298-4246Debt Debt-to-Equity Ratio0.20 Current Ratio1.44 Quick Ratio1.44Price-To-Earnings Trailing P/E Ratio7.79 Forward P/E Ratio6.97 P/E GrowthN/A Sales & Book Value Annual Sales$191.26 million Price / Sales0.90 Cash Flow$2.04 per share Price / Cash Flow1.30 Book Value$12.92 per share Price / Book0.21Profitability EPS (Most Recent Fiscal Year)$0.92 Net Income$720,000.00 Net Margins5.51% Return on Equity5.99% Return on Assets4.58%Miscellaneous Employees65 Outstanding Shares65,085,000Market Cap$172.48 million Next Earnings Date11/4/2020 (Estimated) OptionableNot Optionable $2.65 +0.07 (+2.71 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ESTE News and Ratings via Email Sign-up to receive the latest news and ratings for ESTE and its competitors with MarketBeat's FREE daily newsletter. Earthstone Energy (NYSE:ESTE) Frequently Asked Questions How has Earthstone Energy's stock price been impacted by Coronavirus (COVID-19)? Earthstone Energy's stock was trading at $2.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ESTE shares have increased by 11.8% and is now trading at $2.65. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Earthstone Energy? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Earthstone Energy. When is Earthstone Energy's next earnings date? Earthstone Energy is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Earthstone Energy. How were Earthstone Energy's earnings last quarter? Earthstone Energy Inc (NYSE:ESTE) issued its earnings results on Wednesday, August, 5th. The oil and gas producer reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.12. The oil and gas producer earned $21.66 million during the quarter, compared to the consensus estimate of $40.90 million. Earthstone Energy had a return on equity of 5.99% and a net margin of 5.51%. View Earthstone Energy's earnings history. What price target have analysts set for ESTE? 8 Wall Street analysts have issued twelve-month price objectives for Earthstone Energy's shares. Their forecasts range from $3.50 to $8.00. On average, they anticipate Earthstone Energy's stock price to reach $5.08 in the next twelve months. This suggests a possible upside of 91.8% from the stock's current price. View analysts' price targets for Earthstone Energy. Who are some of Earthstone Energy's key competitors? Some companies that are related to Earthstone Energy include Crescent Point Energy (CPG), GENEL ENERGY PL/ADR (GEGYY), Enerplus (ERF), Brigham Minerals (MNRL), GeoPark (GPRK), Talos Energy (TALO), Kosmos Energy (KOS), Enerplus (ERF), Bonanza Creek Energy (BCEI), Vermilion Energy (VET), Kimbell Royalty Partners (KRP), Dorchester Minerals (DMLP), Hess Midstream Partners (HESM), Advantage Oil & Gas (AAVVF) and Berry Petroleum (BRY). View all competitors. 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 LP Unit (ET), KushCo (KSHB), OrganiGram (OGI), Sorrento Therapeutics (SRNE), Enerplus (ERF), Matinas BioPharma (MTNB), New Residential Investment (NRZ), Chesapeake Energy (CHKAQ) and Washington Prime Group (WPG). Who are Earthstone Energy's key executives? Earthstone Energy's management team includes the following people: Mr. Frank A. Lodzinski, Chairman & CEO (Age 70)Mr. Robert J. Anderson, Pres (Age 57)Mr. Mark Lumpkin Jr., Exec. VP & CFO (Age 45)Mr. Tony Oviedo, Exec. VP of Accounting & Admin. (Age 65)Mr. Timothy D. Merrifield, Exec. VP of Geological & Geophysical (Age 63) 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 a variety of institutional and retail investors. Top institutional shareholders include Bridgeway Capital Management Inc. (0.97%), JBF Capital Inc. (0.92%), Russell Investments Group Ltd. (0.60%), Bank of New York Mellon Corp (0.25%), Monarch Partners Asset Management LLC (0.22%) and Sei Investments Co. (0.19%). Company insiders that own Earthstone Energy stock include Mark Lumpkin Jr, Robert John Anderson and Tony Oviedo. View institutional ownership trends for Earthstone Energy. Which major investors are selling Earthstone Energy stock? ESTE stock was sold by a variety of institutional investors in the last quarter, including JBF Capital Inc., Sei Investments Co., Bank of New York Mellon Corp, and UBS Group AG. View insider buying and selling activity for Earthstone Energy. Which major investors are buying Earthstone Energy stock? ESTE stock was purchased by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Goldman Sachs Group Inc., Heritage Investors Management Corp, Jane Street Group LLC, Two Sigma Advisers LP, and Charles Schwab Investment Management Inc.. 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. How do I buy shares of 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. What is Earthstone Energy's stock price today? One share of ESTE stock can currently be purchased for approximately $2.65. How big of a company is Earthstone Energy? Earthstone Energy has a market capitalization of $172.48 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. What is Earthstone Energy's official website? The official website for Earthstone Energy is www.earthstoneenergy.com. How can I contact Earthstone Energy? 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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