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

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

Montage Resources Corp (NYSE:MR) issued its earnings results on Thursday, November, 7th. The medical instruments supplier reported $0.51 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.35. The medical instruments supplier earned $163.30 million during the quarter, compared to the consensus estimate of $159.90 million. Montage Resources had a net margin of 8.58% and a return on equity of 9.65%. View Montage Resources' Earnings History.

Montage Resources is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Montage Resources.

4 analysts have issued twelve-month price targets for Montage Resources' shares. Their forecasts range from $7.00 to $17.00. On average, they expect Montage Resources' stock price to reach $10.50 in the next year. This suggests a possible upside of 116.9% from the stock's current price. View Analyst Price Targets for Montage Resources.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montage Resources in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Montage Resources.

News coverage about MR stock has trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Montage Resources earned a news impact score of 2.0 on InfoTrie's scale. They also gave headlines about the medical instruments supplier a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Montage Resources.

Montage Resources saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,910,000 shares, a drop of 9.9% from the December 15th total of 2,120,000 shares. Based on an average daily volume of 583,200 shares, the short-interest ratio is presently 3.3 days. Currently, 10.6% of the company's shares are sold short. View Montage Resources' Current Options Chain.

Some companies that are related to Montage Resources include Berry Petroleum (BRY), GENEL ENERGY PL/ADR (GEGYY), Falcon Minerals (FLMN), Laredo Petroleum (LPI), Denbury Resources (DNR), Whiting Petroleum (WLL), Penn Virginia (PVAC), California Resources (CRC), Bonanza Creek Energy (BCEI), Kimbell Royalty Partners (KRP), Earthstone Energy (ESTE), Advantage Oil & Gas (AAVVF), Isramco (ISRL), Gulfport Energy (GPOR) and Primeenergy Resources (PNRG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Montage Resources investors own include Rex Energy (REXX), Pegasystems (PEGA), Curis (CRIS), Ford Motor (F), Gulfport Energy (GPOR), Chesapeake Energy (CHK), Bank of America (BAC), Enterprise Products Partners (EPD), Heat Biologics (HTBX) and Uniti Group (UNIT).

Montage Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (1.05%). Company insiders that own Montage Resources stock include John K Reinhart, Michael L Hodges, Oleg E Tolmachev and Richard D Paterson. View Institutional Ownership Trends for Montage Resources.

MR stock was acquired by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC. 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 $4.84.

Montage Resources has a market capitalization of $173.32 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.