Liberty Energy (LBRT) Stock Forecast, Price & News

8 Wall Street 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 research analysts is that investors should "buy" LBRT shares.
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8 equities research analysts have issued twelve-month price targets for Liberty Energy's stock. Their LBRT share price forecasts range from $16.00 to $24.00. On average, they expect the company's share price to reach $20.17 in the next twelve months. This suggests a possible upside of 51.2% from the stock's current price.
View analysts price targets for LBRT or view top-rated stocks among Wall Street analysts.

Liberty Energy's stock was trading at $16.01 at the beginning of the year. Since then, LBRT shares have decreased by 16.7% and is now trading at $13.34.
View the best growth stocks for 2023 here.

Liberty Energy saw a decline in short interest in April. As of April 30th, there was short interest totaling 7,560,000 shares, a decline of 6.7% from the April 15th total of 8,100,000 shares. Based on an average daily volume of 3,100,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 4.5% of the company's shares are sold short.
View Liberty Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our LBRT earnings forecast.

Liberty Energy Inc. (NYSE:LBRT) posted its quarterly earnings results on Wednesday, April, 19th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.10. The company had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.25 billion. Liberty Energy had a net margin of 12.29% and a trailing twelve-month return on equity of 38.98%. The business's revenue was up 59.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.03) EPS.

Liberty Energy declared a quarterly dividend on Tuesday, April 18th. Shareholders of record on Tuesday, June 6th will be given a dividend of $0.05 per share on Tuesday, June 20th. This represents a $0.20 annualized dividend and a yield of 1.50%. The ex-dividend date is Monday, June 5th.
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 Dynamic 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 AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).

Liberty Energy (NYSE:LBRT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.52%. The dividend payout ratio is 6.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LBRT will have a dividend payout ratio of 5.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LBRT.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "LBRT."

Liberty Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (9.13%), BlackRock Inc. (7.62%), Macquarie Group Ltd. (4.62%), Dimensional Fund Advisors LP (4.30%), Van ECK Associates Corp (3.46%) and State Street Corp (2.53%). Insiders that own company stock include Christopher A Wright, Energy Part Riverstone/Carlyle, 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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One share of LBRT stock can currently be purchased for approximately $13.34.

Liberty Energy (NYSE:LBRT) has a market capitalization of $2.34 billion and generates $4.15 billion in revenue each year. The company earns $399.60 million in net income (profit) each year or $3.05 on an earnings per share basis.

The company employs 4,580 workers across the globe.

Liberty Energy's mailing address is 950 17TH STREET SUITE 2400, DENVER CO, 80202. The official website for the company is www.libertyfrac.com. The company can be reached via phone at (303) 515-2800, via email at ir@libertyfrac.com, or via fax at 303-515-2880.