PHX Minerals - PHX Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PHX Minerals in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PHX shares.
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1 Wall Street research analysts have issued twelve-month target prices for PHX Minerals' stock. Their PHX share price forecasts range from $5.50 to $5.50. On average, they anticipate the company's share price to reach $5.50 in the next twelve months. This suggests a possible upside of 121.8% from the stock's current price.
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PHX Minerals' stock was trading at $3.89 at the start of the year. Since then, PHX shares have decreased by 36.2% and is now trading at $2.48.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
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PHX Minerals Inc. (NYSE:PHX) issued its quarterly earnings data on Wednesday, February, 8th. The oil and gas producer reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.03. The oil and gas producer had revenue of $18.27 million for the quarter, compared to analysts' expectations of $14.17 million. PHX Minerals had a trailing twelve-month return on equity of 24.51% and a net margin of 30.95%.

PHX Minerals announced a quarterly dividend on Tuesday, December 13th. Stockholders of record on Friday, February 17th will be given a dividend of $0.023 per share on Friday, March 3rd. This represents a $0.09 annualized dividend and a yield of 3.71%. The ex-dividend date is Thursday, February 16th. This is a positive change from the stock's previous quarterly dividend of $0.02.
Read our dividend analysis for PHX.

PHX Minerals (NYSE:PHX) pays an annual dividend of $0.09 per share and currently has a dividend yield of 3.78%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHX will have a dividend payout ratio of 17.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PHX.

PHX Minerals shares split before market open on Thursday, October 9th 2014. The 2-1 split was announced on Thursday, September 11th 2014. The newly created shares were issued to shareholders after the market closes on Wednesday, October 8th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

1 employees have rated PHX Minerals Chief Executive Officer Michael C. Coffman on Glassdoor.com. Michael C. Coffman has an approval rating of 100% among the company's employees. This puts Michael C. Coffman in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PHX Minerals investors own include Chesapeake Energy (CHKAQ), Enerplus (ERF), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Novan (NOVN), Organigram (OGI), Pennsylvania Real Estate Investment Trust (PEI), Washington Prime Group (WPG) and Bionano Genomics (BNGO).

PHX Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHX."

PHX Minerals' stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.92%), Renaissance Technologies LLC (0.87%), Millennium Management LLC (0.63%), Two Sigma Investments LP (0.58%), Connor Clark & Lunn Investment Management Ltd. (0.39%) and Manatuck Hill Partners LLC (0.34%). Insiders that own company stock include Chad L Stephens, Christopher T Fraser, Edenbrook Capital, Llc, Raphael D'amico and Srp Capital Advisors, Llc.
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Shares of PHX 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 PHX stock can currently be purchased for approximately $2.48.

PHX Minerals (NYSE:PHX) has a market capitalization of $90.54 million and generates $53.49 million in revenue each year. The oil and gas producer earns $20.41 million in net income (profit) each year or $0.48 on an earnings per share basis.

PHX Minerals' mailing address is Valliance Bank Tower Suite 1100 1601 NW Expressway, Oklahoma City OK, 73118. The official website for the company is www.panhandleoilandgas.com. The oil and gas producer can be reached via phone at (405) 948-1560, via email at web.queries@computershare.com, or via fax at 405-948-2038.