Montage Resources Stock Forecast, Price & News

Montage Resources' stock was trading at $2.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MR shares have increased by 127.1% and is now trading at $5.36.
View which stocks have been most impacted by COVID-19.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montage Resources in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Montage Resources.

Wall Street analysts have given Montage Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Montage Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Montage Resources is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Montage Resources.

Montage Resources Co. (NYSE:MR) issued its earnings results on Thursday, November, 5th. The medical instruments supplier reported ($0.48) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.59) by $0.11. Montage Resources had a positive return on equity of 2.74% and a negative net margin of 8.49%.
View Montage Resources' earnings history.

9 brokerages have issued twelve-month price targets for Montage Resources' shares. Their forecasts range from $2.40 to $10.00. On average, they anticipate Montage Resources' stock price to reach $6.59 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price.
View analysts' price targets for Montage Resources.

Some companies that are related to Montage Resources include Talos Energy (TALO), Par Pacific (PARR), Vermilion Energy (VET), Brigham Minerals (MNRL), Enerplus (ERF), GeoPark (GPRK), SM Energy (SM), Bonanza Creek Energy (BCEI), Kimbell Royalty Partners (KRP), Tellurian (TELL), QEP Resources (QEP), Callon Petroleum (CPE), Dorchester Minerals (DMLP), Genel Energy (GEGYY) and Centennial Resource Development (CDEV).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Montage Resources investors own include Rex Energy (REXX), Gulfport Energy (GPOR), Pegasystems (PEGA), Curis (CRIS), Bank of America (BAC), Ford Motor (F), Exxon Mobil (XOM), Antero Resources (AR), Chesapeake Energy (CHKAQ) and Callon Petroleum (CPE).

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

Montage Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.84%), Glazer Capital LLC (3.02%), Royce & Associates LP (1.36%), Silver Point Capital L.P. (1.22%), Arrowstreet Capital Limited Partnership (1.21%) and State Street Corp (1.12%). 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 sold by a variety of institutional investors in the last quarter, including Silver Point Capital L.P., Morgan Stanley, WINTON GROUP Ltd, Kayne Anderson Capital Advisors LP, BlackRock Inc., State Street Corp, Paloma Partners Management Co, and Prime Capital Investment Advisors LLC.
View insider buying and selling activity for Montage Resources.

MR stock was bought by a variety of institutional investors in the last quarter, including Glazer Capital LLC, Candriam Luxembourg S.C.A., Highland Capital Management Fund Advisors L.P., First Trust Advisors LP, AQR Capital Management LLC, Royce & Associates LP, IPG Investment Advisors LLC, and JS Capital Management 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 activity 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 $5.36.

Montage Resources has a market capitalization of $193.09 million and generates $634.44 million in revenue each year. The medical instruments supplier earns $31.76 million in net income (profit) each year or $2.29 on an earnings per share basis. Montage Resources employs 236 workers across the globe.

The official website for Montage Resources is 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.