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) posted its quarterly earnings data on Tuesday, August, 6th. The medical instruments supplier reported $0.41 earnings per share for the quarter, topping the Thomson Reuters' 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 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 27th 2020. View Earnings Estimates for Montage Resources.

4 Wall Street analysts have issued twelve-month price targets for Montage Resources' stock. Their forecasts range from $6.00 to $17.00. On average, they expect Montage Resources' stock price to reach $10.25 in the next year. This suggests a possible upside of 201.5% 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.

Press coverage about MR stock has trended neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Montage Resources earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the medical instruments supplier a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Montage Resources.

Montage Resources saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,170,000 shares, an increase of 13.6% from the January 15th total of 1,910,000 shares. Based on an average daily trading volume, of 612,600 shares, the days-to-cover ratio is currently 3.5 days. Currently, 12.1% of the shares of the stock are short sold. View Montage Resources' Current Options Chain.

Some companies that are related to Montage Resources include Antero Resources (AR), Denbury Resources (DNR), W&T Offshore (WTI), Falcon Minerals (FLMN), California Resources (CRC), Bonanza Creek Energy (BCEI), Isramco (ISRL), Advantage Oil & Gas (AAVVF), Laredo Petroleum (LPI), Earthstone Energy (ESTE), Primeenergy Resources (PNRG), Whiting Petroleum (WLL), Penn Virginia (PVAC), Roan Resources (ROAN) and HighPoint Resources (HPR).

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), Heat Biologics (HTBX), Uniti Group (UNIT), Bank of America (BAC) and Enterprise Products Partners (EPD).

Montage Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (1.63%), Sanders Morris Harris LLC (1.05%), State Street Corp (1.02%), Geode Capital Management LLC (0.96%), Russell Investments Group Ltd. (0.84%) and Bank of New York Mellon Corp (0.54%). 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 Marshall Wace LLP, Oxford Asset Management LLP, State Street Corp, Alambic Investment Management L.P., Bank of America Corp DE, Alliancebernstein L.P. and Advisor Group Inc.. View Insider Buying and Selling for Montage Resources.

MR stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Sanders Morris Harris LLC, Bank of Montreal Can, Martingale Asset Management L P, Bank of New York Mellon Corp, Geode Capital Management LLC, Goldman Sachs Group Inc. and Prudential Financial 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 $3.40.

Montage Resources has a market capitalization of $121.75 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.