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 Wall Street analysts have issued 1 year target prices for Liberty Energy's stock. Their LBRT share price forecasts range from $16.00 to $26.00. On average, they anticipate the company's share price to reach $20.75 in the next twelve months. This suggests a possible upside of 15.1% 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 2023. Since then, LBRT stock has increased by 12.6% and is now trading at $18.02.
View the best growth stocks for 2023 here.

Liberty Energy saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 7,400,000 shares, a decrease of 10.7% from the August 15th total of 8,290,000 shares. Based on an average daily trading volume, of 2,950,000 shares, the short-interest ratio is presently 2.5 days. Currently, 4.5% of the shares of the stock are short sold.
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 will be holding an earnings conference call on Thursday, October 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9116297".

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

Liberty Energy announced a quarterly dividend on Tuesday, July 18th. Investors of record on Wednesday, September 6th will be given a dividend of $0.05 per share on Wednesday, September 20th. This represents a $0.20 annualized dividend and a yield of 1.11%. 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 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 7.60% 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 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 retail and institutional 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 $18.02.

Liberty Energy (NYSE:LBRT) has a market capitalization of $3.07 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.