Liberty Energy Stock Price, News & Analysis (NYSE:LBRT)

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Liberty Energy in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LBRT shares.
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8 brokers have issued twelve-month price objectives for Liberty Energy's stock. Their LBRT share price targets range from $20.00 to $27.00. On average, they predict the company's stock price to reach $23.75 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price.
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Liberty Energy's stock was trading at $16.01 at the beginning of 2023. Since then, LBRT stock has increased by 10.9% and is now trading at $17.75.
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Liberty Energy saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 11,330,000 shares, a decrease of 12.4% from the October 15th total of 12,930,000 shares. Based on an average daily volume of 3,580,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 7.0% of the shares of the stock are sold short.
View Liberty Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our LBRT earnings forecast.

Liberty Energy Inc. (NYSE:LBRT) issued its quarterly earnings results on Thursday, October, 19th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.10. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.12 billion. Liberty Energy had a trailing twelve-month return on equity of 37.67% and a net margin of 12.59%. The firm's quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 earnings per share.

Liberty Energy declared a quarterly dividend on Tuesday, October 17th. Investors of record on Wednesday, December 6th will be paid a dividend of $0.07 per share on Wednesday, December 20th. This represents a $0.28 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Tuesday, December 5th. This is a positive change from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for LBRT.

Liberty Energy (NYSE:LBRT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.01%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LBRT will have a dividend payout ratio of 6.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LBRT.

ETFs with the largest weight of Liberty Energy (NYSE:LBRT) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco Oil & Gas Services ETF (PXJ), VanEck Oil Services ETF (OIH), Alpha Architect U.S. Quantitative Value ETF (QVAL), iShares U.S. Oil Equipment & Services ETF (IEZ), Direxion Daily Oil Services Bull 2X Shares (ONG), Horizon Kinetics Energy and Remediation ETF (NVIR) and First Trust Small Cap Growth AlphaDEX Fund (FYC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Liberty Energy investors own include Huntington Bancshares (HBAN), Allena Pharmaceuticals (ALNA), Halliburton (HAL), Energy Transfer (ET), Solaris Oilfield Infrastructure (SOI), Carnival Co. & (CCL), CGG (CGG), Callon Petroleum (CPE), Ensco Rowan (ESV) and Exelixis (EXEL).

(LBRT) raised $160 million in an initial public offering (IPO) on Friday, January 12th 2018. The company issued 10,700,000 shares at $14.00-$16.00 per share. Morgan Stanley, Goldman, Sachs, Wells Fargo Securities, Citigroup, J.P. Morgan and Evercore ISI acted as the underwriters for the IPO and Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, Houlihan Lokey, Intrepid Partners, Petrie Partners Securities and SunTrust Robinson Humphrey were co-managers.

Liberty Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (5.10%), Van ECK Associates Corp (2.31%), Bank of New York Mellon Corp (1.32%), American Century Companies Inc. (1.33%), Allspring Global Investments Holdings LLC (1.31%) and Charles Schwab Investment Management Inc. (1.26%). Insiders that own company stock include Christopher A Wright, Energy Part Riverstone/Carlyle, Ken Babcock, Limited/Nv Schlumberger, Michael Stock, R Sean Elliott, Ron Gusek and Ryan T Gosney.
View institutional ownership trends.

Shares of LBRT 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.
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