Riley Exploration Permian Stock Price, News & Analysis (NYSE:REPX)

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Riley Exploration Permian in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REPX shares.
View REPX analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year price objectives for Riley Exploration Permian's stock. Their REPX share price targets range from $50.00 to $50.00. On average, they anticipate the company's stock price to reach $50.00 in the next year. This suggests a possible upside of 95.3% from the stock's current price.
View analysts price targets for REPX or view top-rated stocks among Wall Street analysts.

Riley Exploration Permian's stock was trading at $29.43 at the beginning of the year. Since then, REPX shares have decreased by 13.0% and is now trading at $25.60.
View the best growth stocks for 2023 here.

Riley Exploration Permian, Inc. (NYSE:REPX) released its earnings results on Tuesday, November, 7th. The company reported $1.58 earnings per share for the quarter, missing analysts' consensus estimates of $1.72 by $0.14. The business had revenue of $108.29 million for the quarter, compared to analyst estimates of $93.67 million. Riley Exploration Permian had a net margin of 28.41% and a trailing twelve-month return on equity of 31.66%.

Riley Exploration Permian announced a quarterly dividend on Thursday, October 12th. Investors of record on Thursday, October 26th will be paid a dividend of $0.36 per share on Thursday, November 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date of this dividend is Wednesday, October 25th. This is a positive change from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for REPX.

Riley Exploration Permian (NYSE:REPX) pays an annual dividend of $1.44 per share and currently has a dividend yield of 5.53%. REPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 28.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, REPX will have a dividend payout ratio of 18.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REPX.

(REPX) raised $100 million in an IPO on Wednesday, October 17th 2018. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. SunTrust Robinson Humphrey, Seaport Global Securities and Capital One Securities served as the underwriters for the IPO and Imperial Capital and Roth Capital Partners were co-managers.

Riley Exploration Permian's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (0.83%), Kennedy Capital Management LLC (0.52%), Ameriprise Financial Inc. (0.28%), Brandywine Global Investment Management LLC (0.25%), Charles Schwab Investment Management Inc. (0.21%) and Algert Global LLC (0.15%). Insiders that own company stock include Alvin Gerald Libin, Bobby Riley, Brent Alexander Arriaga, Bryan H Lawrence, Kevin Riley and Philip A Riley.
View institutional ownership trends.

Shares of REPX 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.
Compare Top Brokerages Here.