Liberty Energy (LBRT) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Liberty Energy in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LBRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LBRT, but not buy additional shares or sell existing shares.
View LBRT analyst ratings or view top-rated stocks.

7 brokerages have issued 12 month price targets for Liberty Energy's stock. Their LBRT share price forecasts range from $16.00 to $26.00. On average, they predict the company's share price to reach $20.75 in the next year. This suggests a possible upside of 17.5% 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 on January 1st, 2023. Since then, LBRT shares have increased by 10.3% and is now trading at $17.66.
View the best growth stocks for 2023 here.

Liberty Energy saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,400,000 shares, a drop of 10.7% from the August 15th total of 8,290,000 shares. Based on an average trading volume of 2,950,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 4.5% of the company's stock are sold short.
View Liberty Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our LBRT earnings forecast.

Liberty Energy Inc. (NYSE:LBRT) announced its quarterly earnings data on Thursday, July, 20th. The company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.26 billion. Liberty Energy had a trailing twelve-month return on equity of 39.89% and a net margin of 12.63%. The firm's revenue was up 27.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 earnings per share.

Liberty Energy announced a quarterly dividend on Tuesday, July 18th. Stockholders of record on Wednesday, September 6th will be paid a dividend of $0.05 per share on Wednesday, September 20th. This represents a $0.20 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Tuesday, September 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 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).

Liberty Energy (NYSE:LBRT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.11%. The dividend payout ratio is 5.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LBRT will have a dividend payout ratio of 7.63% 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.64%), Dimensional Fund Advisors LP (5.07%), Van ECK Associates Corp (3.20%), State Street Corp (2.50%), Franklin Resources Inc. (2.14%) and Geode Capital Management LLC (1.84%). 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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One share of LBRT stock can currently be purchased for approximately $17.66.

Liberty Energy (NYSE:LBRT) has a market capitalization of $3.01 billion and generates $4.15 billion in revenue each year. The company earns $399.60 million in net income (profit) each year or $3.37 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.