NYSE:MR - Montage Resources Stock Price, News & Analysis

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

Montage Resources Corp (NYSE:MR) released its quarterly earnings data on Tuesday, August, 6th. The medical instruments supplier reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.44. The medical instruments supplier earned $155.54 million during the quarter, compared to analyst estimates of $145.23 million. Montage Resources had a return on equity of 9.50% and a net margin of 9.01%. View Montage Resources' Earnings History.

Montage Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Montage Resources.

2 Wall Street analysts have issued 12-month target prices for Montage Resources' stock. Their forecasts range from $6.00 to $17.00. On average, they anticipate Montage Resources' share price to reach $11.50 in the next twelve months. This suggests a possible upside of 180.5% from the stock's current price. View Analyst Price Targets for Montage Resources.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montage Resources in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Montage Resources.

News headlines about MR stock have trended negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Montage Resources earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned headlines about the medical instruments supplier a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Montage Resources.

Montage Resources saw a increase in short interest in August. As of August 15th, there was short interest totalling 2,012,000 shares, an increase of 32.6% from the July 15th total of 1,517,200 shares. Based on an average trading volume of 444,400 shares, the days-to-cover ratio is currently 4.5 days. Approximately 36.9% of the shares of the stock are short sold. View Montage Resources' Current Options Chain.

Some companies that are related to Montage Resources include Dorchester Minerals (DMLP), Denbury Resources (DNR), GENEL ENERGY PL/ADR (GEGYY), Laredo Petroleum (LPI), Falcon Minerals (FLMN), Extraction Oil & Gas (XOG), Penn Virginia (PVAC), Bonanza Creek Energy (BCEI), Hess Midstream Partners (HESM), Gulfport Energy (GPOR), HighPoint Resources (HPR), Kimbell Royalty Partners (KRP), Isramco (ISRL), Advantage Oil & Gas (AAVVF) and Earthstone Energy (ESTE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Montage Resources investors own include Rex Energy (REXX), Gulfport Energy (GPOR), Edwards Lifesciences (EW), AcelRx Pharmaceuticals (ACRX), Allena Pharmaceuticals (ALNA), Intel (INTC), Opko Health (OPK), QUALCOMM (QCOM), Starbucks (SBUX) and Tripadvisor (TRIP).

Montage Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include Raging Capital Management LLC (4.23%), BlackRock Inc. (3.63%), HPS Investment Partners LLC (2.58%), Vanguard Group Inc. (1.67%), JPMorgan Chase & Co. (1.46%) and Marshall Wace LLP (0.95%). Company insiders that own Montage Resources stock include John K Reinhart, Michael L Hodges and Oleg E Tolmachev. View Institutional Ownership Trends for Montage Resources.

MR stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Kayne Anderson Capital Advisors LP, Morgan Stanley, Sanders Morris Harris LLC, Advisor Group Inc. and Weiss Asset Management LP. View Insider Buying and Selling for Montage Resources.

MR stock was acquired by a variety of institutional investors in the last quarter, including HPS Investment Partners LLC, BlackRock Inc., Raging Capital Management LLC, JPMorgan Chase & Co., Marshall Wace LLP, Alambic Investment Management L.P., D. E. Shaw & Co. Inc. and Vanguard Group Inc.. Company insiders that have bought Montage Resources stock in the last two years include John K Reinhart, Michael L Hodges and Oleg E Tolmachev. View Insider Buying and Selling for Montage Resources.

Shares of MR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MR stock can currently be purchased for approximately $4.10.

Montage Resources has a market capitalization of $146.39 million and generates $515.15 million in revenue each year. Montage Resources employs 159 workers across the globe.View Additional Information About Montage Resources.

The official website for Montage Resources is http://www.montageresources.com/.

Montage Resources' mailing address is 122 WEST JOHN CARPENTER FREEWAY SUITE 300, IRVING TX, 75039. The medical instruments supplier can be reached via phone at 469-444-1647.