HighPoint Resources Stock Forecast, Price & News

HighPoint Resources' stock was trading at $10.0050 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HPR stock has increased by 5.0% and is now trading at $10.51.
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4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HighPoint Resources in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HighPoint Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPR, but not buy additional shares or sell existing shares.
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Wall Street analysts have given HighPoint Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but HighPoint Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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HighPoint Resources is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for HighPoint Resources.

HighPoint Resources Co. (NYSE:HPR) posted its earnings results on Saturday, November, 14th. The company reported $4.01 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $3.51. The business had revenue of $67.35 million for the quarter, compared to analyst estimates of $61 million. HighPoint Resources had a negative net margin of 367.56% and a positive return on equity of 3.05%.
View HighPoint Resources' earnings history.

Shares of HighPoint Resources reverse split on Friday, October 30th 2020. The 1-50 reverse split was announced on Tuesday, October 20th 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, October 29th 2020. An investor that had 100 shares of HighPoint Resources stock prior to the reverse split would have 2 shares after the split.

4 brokers have issued 1 year price targets for HighPoint Resources' shares. Their forecasts range from $15.00 to $75.00. On average, they expect HighPoint Resources' stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 328.2% from the stock's current price.
View analysts' price targets for HighPoint Resources or view Wall Street analyst' top-rated stocks.

HighPoint Resources saw a decline in short interest in December. As of December 31st, there was short interest totaling 526,900 shares, a decline of 62.1% from the December 15th total of 1,390,000 shares. Based on an average trading volume of 944,200 shares, the short-interest ratio is presently 0.6 days. Currently, 24.0% of the shares of the stock are short sold.
View HighPoint Resources' Short Interest.

Some companies that are related to HighPoint Resources include TETRA Technologies (TTI), Torchlight Energy Resources (TRCH), Goodrich Petroleum (GDP), VAALCO Energy (EGY), Battalion Oil (BATL), Evolution Petroleum (EPM), PEDEVCO (PED), Epsilon Energy (EPSN), Ring Energy (REI), TransGlobe Energy (TGA), Painted Pony Energy (PDPYF), Mid-Con Energy Partners (MCEP), Amplify Energy (AMPY), PrimeEnergy Resources (PNRG) and PHX Minerals (PHX).
View all of HPR's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other HighPoint Resources investors own include Allena Pharmaceuticals (ALNA), Denbury Resources (DNR), Gulfport Energy (GPOR), TETRA Technologies (TTI), Callon Petroleum (CPE), Marathon Oil (MRO), Abraxas Petroleum (AXAS), Centennial Resource Development (CDEV), OPKO Health (OPK) and Advanced Micro Devices (AMD).

HighPoint Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPR."

Shares of HPR 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.

One share of HPR stock can currently be purchased for approximately $10.51.

HighPoint Resources has a market capitalization of $45.25 million and generates $452.66 million in revenue each year. The company earns $-134,830,000.00 in net income (profit) each year or ($10.00) on an earnings per share basis. HighPoint Resources employs 155 workers across the globe.

The official website for HighPoint Resources is www.hpres.com.

HighPoint Resources' mailing address is 555 17TH STREET SUITE 3700, DENVER CO, 80202. The company can be reached via phone at 303-293-9100 or via email at [email protected]