Positive News Sentiment 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. $13.59 -0.19 (-1.38%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.18▼$13.8150-Day Range$12.33▼$15.8952-Week Range$10.65▼$22.25Volume2.10 million shsAverage Volume1.30 million shsMarket Capitalization$1.90 billionP/E Ratio3.79Dividend YieldN/APrice Target$23.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Earthstone Energy MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside74.1% Upside$23.67 Price TargetShort InterestBearish29.99% of Float Sold ShortDividend StrengthN/ASustainability-8.30Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$1.49 M Sold Last QuarterProj. Earnings Growth10.71%From $4.67 to $5.17 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.2.32 out of 5 starsOils/Energy Sector102nd out of 241 stocksCrude Petroleum & Natural Gas Industry45th out of 75 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 $23.67, Earthstone Energy has a forecasted upside of 74.1% from its current price of $13.59.Amount of Analyst CoverageEarthstone Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted29.99% of the float of Earthstone Energy has been sold short.Short Interest Ratio / Days to CoverEarthstone Energy has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Earthstone Energy has recently decreased by 2.85%, indicating that investor sentiment is improving. 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 2.7 News and Social Media Coverage News SentimentEarthstone Energy has a news sentiment score of 1.82. 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 0.40 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 9 people have searched for ESTE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Earthstone Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 4.2 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 $1,490,738.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Earthstone Energy are expected to grow by 10.71% in the coming year, from $4.67 to $5.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Earthstone Energy is 3.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Earthstone Energy is 3.79, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 51.08.Price to Book Value per Share RatioEarthstone Energy has a P/B Ratio of 1.14. 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., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company's asset portfolio includes the Midland Basin of West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend of south Texas. As of December 31, 2021, it operated 120 gross Eagle Ford wells, as well as had 147,587 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 93,575 MBOE of proved developed reserves and 54,012 MBOE of proved undeveloped reserves. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas.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 HeadlinesJanuary 25, 2023 | americanbankingnews.comEarthstone Energy, Inc. (NYSE:ESTE) Receives Average Recommendation of "Hold" from AnalystsJanuary 24, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of Earthstone Energy, Inc. (NYSE:ESTE)February 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! 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?February 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! 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 StockNovember 2, 2022 | finance.yahoo.comEarthstone Energy, Inc. Reports 2022 Third Quarter and Year-to-Date Financial ResultsNovember 1, 2022 | finance.yahoo.comEquinor Stock, Earthstone Energy Enter IBD's Most Exacting WatchlistOctober 27, 2022 | finance.yahoo.comPioneer Natural Resources (PXD) Q3 Earnings Top EstimatesOctober 21, 2022 | finance.yahoo.comHere is What to Know Beyond Why Earthstone Energy, Inc. (ESTE) is a Trending StockOctober 19, 2022 | finance.yahoo.comEarthstone Energy, Inc. Announces Third Quarter 2022 Conference Call for Thursday, November 3, 2022 at 1:00 p.m. EasternOctober 18, 2022 | finance.yahoo.comMore Appreciation on the Horizon for These 5 U.S. Upstream StocksOctober 11, 2022 | finance.yahoo.comEarthstone Announces Share RepurchaseOctober 5, 2022 | nasdaq.comCalculating The Intrinsic Value Of Earthstone Energy, Inc. (NYSE:ESTE)October 4, 2022 | nasdaq.comESTE Makes Bullish Cross Above Critical Moving AverageOctober 3, 2022 | finance.yahoo.comLooking for a Growth Stock? 3 Reasons Why Earthstone Energy (ESTE) is a Solid ChoiceSeptember 29, 2022 | finance.yahoo.comIs Trending Stock Earthstone Energy, Inc. (ESTE) a Buy Now?September 29, 2022 | finance.yahoo.comPatterson-UTI Energy (PTEN) Stock Still Offers OpportunitiesSeptember 28, 2022 | nasdaq.comChevron (CVX) & MOECO to Boost Japanese Geothermal TechnologySee 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 Earnings11/03/2021Today2/02/2023Next Earnings (Estimated)3/08/2023Fiscal 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$23.67 High Stock Price Forecast$35.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+74.1%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.59 Trailing P/E Ratio3.79 Forward P/E Ratio2.91 P/E GrowthN/ANet Income$35.48 million Net Margins26.98% Pretax Margin46.00% Return on Equity30.55% Return on Assets17.35% Debt Debt-to-Equity Ratio0.54 Current Ratio0.64 Quick Ratio0.64 Sales & Book Value Annual Sales$419.64 million Price / Sales4.52 Cash Flow$2.37 per share Price / Cash Flow5.74 Book Value$11.91 per share Price / Book1.14Miscellaneous Outstanding Shares139,680,000Free Float82,872,000Market Cap$1.90 billion OptionableNot Optionable Beta2.08 Key ExecutivesMr. Frank A. Lodzinski (Age 74)Exec. Chairman Comp: $250kMr. Robert J. Anderson (Age 61)CEO, Pres & Director Comp: $964.9kMr. Mark Lumpkin Jr. (Age 49)Exec. VP & CFO Comp: $705.73kMr. Steven C. Collins (Age 58)Exec. VP & Chief Operating Officer Comp: $705.73kMr. Tony Oviedo CPA (Age 69)Exec. VP of Accounting & Admin. Comp: $704.2kMr. Timothy D. Merrifield (Age 67)Exec. VP of Geology & Geophysics Comp: $705.73kMr. Robert W. Hunt Jr.J.D., EVP & Gen. CounselMr. Leonard W. WoodVP of Exploration & Devel.Mr. William A. Wiederkehr Jr.VP of Financial Reporting & Tax and Corp. Sec.Mr. Scott ThelanderVP of Fin.More ExecutivesKey CompetitorsCrescent EnergyNYSE:CRGYTalos EnergyNYSE:TALOPar PacificNYSE:PARRVermilion EnergyNYSE:VETVista EnergyNYSE:VISTView All CompetitorsInsiders & InstitutionsMonarch Partners Asset Management LLCBought 153,901 shares on 2/2/2023Ownership: 0.110%Wolverine Asset Management LLCBought 44,000 shares on 2/1/2023Ownership: 0.073%Summit Global InvestmentsBought 14,400 shares on 1/31/2023Ownership: 0.034%Versor Investments LPSold 20,452 shares on 1/30/2023Ownership: 0.015%Foundry Partners LLCBought 5,811 shares on 1/30/2023Ownership: 0.013%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 research analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month target prices for Earthstone Energy's shares. Their ESTE share price forecasts range from $15.00 to $35.00. On average, they expect the company's stock price to reach $23.67 in the next year. This suggests a possible upside of 74.1% 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 the year. Since then, ESTE stock has decreased by 4.5% and is now trading at $13.59. View the best growth stocks for 2023 here. Are investors shorting Earthstone Energy? Earthstone Energy saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 9,890,000 shares, a drop of 9.2% from the November 30th total of 10,890,000 shares. Based on an average daily trading volume, of 1,760,000 shares, the short-interest ratio is presently 5.6 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, March 8th 2023. View our ESTE earnings forecast. How were Earthstone Energy's earnings last quarter? Earthstone Energy, Inc. (NYSE:ESTE) released its earnings results on Wednesday, November, 3rd. The oil and gas producer reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.11. The oil and gas producer earned $110.38 million during the quarter, compared to the consensus estimate of $88.07 million. Earthstone Energy had a net margin of 26.98% and a trailing twelve-month return on equity of 30.55%. During the same period in the prior year, the business earned $0.06 earnings per share. 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 a variety of institutional and retail investors. Top institutional investors include Post Oak Energy Holdings LLC (7.99%), Redwood Investments LLC (0.54%), New York State Common Retirement Fund (0.48%), Smith Graham & Co. Investment Advisors LP (0.39%), Moody Aldrich Partners LLC (0.24%) and Monarch Partners Asset Management LLC (0.11%). 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 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 $13.59. How much money does Earthstone Energy make? Earthstone Energy (NYSE:ESTE) has a market capitalization of $1.90 billion and generates $419.64 million in revenue each year. The oil and gas producer earns $35.48 million in net income (profit) each year or $3.59 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 2/3/2023 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. Stock Ideas and Recommendations Get daily stock ideas from 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.