NYSE:SBOW

SilverBow Resources (SBOW) Stock Forecast, Price & News

$35.77

-0.74 (-2.03%)

(As of 09/29/2023 ET)

Compare

Today's Range: $35.58
▼
$36.72
50-Day Range: $32.61
▼
$42.81
52-Week Range: $19.13
▼
$43.95

Volume: 459,242 shs
Average Volume: 809,645 shs
Market Capitalization: $809.12 million

P/E Ratio: 1.86
Dividend Yield: N/A
Price Target: $54.67

SilverBow Resources MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 52.8% Upside
$54.67 Price Target
Short Interest: Healthy
4.69% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.98
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$370,000 Bought Last Quarter
Proj. Earnings Growth: 271.96%
From $4.85 to $18.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Oils/Energy Sector

15th out of 248 stocks

Crude Petroleum & Natural Gas Industry

11th out of 81 stocks

3.5

Analyst's Opinion

Consensus Rating
SilverBow Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $54.67, SilverBow Resources has a forecasted upside of 52.8% from its current price of $35.77.
Amount of Analyst Coverage
SilverBow Resources has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.69% of the outstanding shares of SilverBow Resources have been sold short.
Short Interest Ratio / Days to Cover
SilverBow Resources has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SilverBow Resources has recently decreased by 3.64%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
SilverBow Resources does not currently pay a dividend.
Dividend Growth
SilverBow Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SBOW.

3.3

News and Social Media Coverage

News Sentiment
SilverBow Resources has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for SilverBow Resources this week, compared to 1 article on an average week.
Search Interest
Only 7 people have searched for SBOW on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
MarketBeat Follows
4 people have added SilverBow Resources to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SilverBow Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $370,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.00% of the stock of SilverBow Resources is held by insiders.
Percentage Held by Institutions
87.38% of the stock of SilverBow Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for SilverBow Resources are expected to grow by 271.96% in the coming year, from $4.85 to $18.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SilverBow Resources is 1.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of SilverBow Resources is 1.86, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.37.
Price to Book Value per Share Ratio
SilverBow Resources has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SilverBow Resources (NYSE:SBOW) Stock

SilverBow Resources, Inc., an oil and gas company, engages in exploration, development, acquisition, and operation of oil and natural gas properties in the Eagle Ford shale and Austin Chalk located in South Texas. The company was formerly known as Swift Energy Company and changed its name to SilverBow Resources, Inc. in May 2017. SilverBow Resources, Inc. was founded in 1979 and is headquartered in Houston, Texas.

SBOW Price History

30 days | 90 days | 365 days | Advanced Chart

SBOW Stock News Headlines

September 27, 2023 | msn.com

3 Value Stocks That Are Trading at a Discount to Their Fair Value

September 25, 2023 | finance.yahoo.com

South Texas Drilling Permit Roundup: Seven companies seek 25 wells in La Salle County

September 30, 2023 | Chaikin Analytics (Ad)

His system isolated NVIDIA - Here's His Next Buy.

Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.

September 21, 2023 | finance.yahoo.com

Independent Chairman of the Board of SilverBow Resources Marcus Rowland Buys 97% More Shares

September 20, 2023 | benzinga.com

SilverBow Resources Recent Insider Activity

September 20, 2023 | finance.yahoo.com

Strategic Value Partners, LLC Reduces Stake in SilverBow Resources Inc

September 19, 2023 | finance.yahoo.com

Insider Buying: Director Marcus Rowland Acquires 10,000 Shares of SilverBow Resources Inc (SBOW)

September 19, 2023 | benzinga.com

SilverBow Resources Insider Trades Send a Signal

September 30, 2023 | Chaikin Analytics (Ad)

Something is Coming for America's Top Stock

This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.

September 17, 2023 | finance.yahoo.com

SilverBow Resources, Inc.'s (NYSE:SBOW) market cap decline of US$62m may not have as much of an impact on institutional owners after a year of 6.5% returns

September 13, 2023 | marketwatch.com

SilverBow Resources Shares Fall 11% on Planned Stock Offering >SBOW

September 12, 2023 | businesswire.com

SilverBow Resources Announces Proposed Public Offering of Common Stock

September 12, 2023 | msn.com

SilverBow Resources slides on 3M-share offering

August 28, 2023 | finance.yahoo.com

SilverBow Resources to Present at Barclays CEO Energy-Power Conference

August 15, 2023 | markets.businessinsider.com

Where SilverBow Resources Stands With Analysts

August 15, 2023 | msn.com

Northland Capital Markets Maintains SilverBow Resources (SBOW) Outperform Recommendation

August 15, 2023 | finance.yahoo.com

Does SilverBow Resources (NYSE:SBOW) Deserve A Spot On Your Watchlist?

August 14, 2023 | finance.yahoo.com

SilverBow Resources to Participate in the EnerCom Denver Conference

August 4, 2023 | seekingalpha.com

SilverBow Resources: Strong Q2 2023 Results And Improved FCF Expectations

August 3, 2023 | seekingalpha.com

SilverBow Resources GAAP EPS of $1.10 misses by $0.35, revenue of $126M misses by $11.43M

August 3, 2023 | finance.yahoo.com

SilverBow Resources Announces Second Quarter 2023 Results

August 3, 2023 | finance.yahoo.com

SilverBow Resources (SBOW) Meets Q2 Earnings Estimates

July 28, 2023 | finance.yahoo.com

SilverBow Resources Schedules Second Quarter 2023 Earnings Release and Conference Call

July 26, 2023 | finance.yahoo.com

Is SilverBow Resources, Inc.'s (NYSE:SBOW) Recent Stock Performance Tethered To Its Strong Fundamentals?

June 16, 2023 | 247wallst.com

Riposte Capital Thinks SilverBow Is Worth 35% More, Held Down by Management's Poison Pill

June 15, 2023 | msn.com

Riposte Capital Thinks SilverBow is Worth 35% More, Held Down By Managements Poison Pill

June 14, 2023 | msn.com

SilverBow Resources shareholder calls for strategic review including possible sale

See More Headlines

Receive SBOW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SilverBow Resources and its competitors with MarketBeat's FREE daily newsletter.

SBOW Company Calendar

Last Earnings: 8/02/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Sector: Oils/Energy
Current Symbol: NYSE:SBOW
CUSIP: 82836G 102
CIK: 351817
Web: www.sbow.com
Phone: (281) 874-2700
Fax: 281-423-0025
Employees: 82
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $54.67
High Stock Price Forecast: $59.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +52.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $19.21
Trailing P/E Ratio: 1.86
Forward P/E Ratio: 7.38
P/E Growth: N/A
Net Income: $340.44 million
Net Margins: 61.53%
Pretax Margin: 67.49%
Return on Equity: 37.43%
Return on Assets: 17.30%

Debt

Debt-to-Equity Ratio: 0.79
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $753.42 million
Price / Sales: 1.07
Cash Flow: $20.80 per share
Price / Cash Flow: 1.72
Book Value: $35.48 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 22,620,000
Free Float: 21,713,000
Market Cap: $809.12 million
Optionable: Not Optionable
Beta: 2.37

Elon Musk's Next Move

Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

Mr. Sean C. Woolverton (Age 53)
CEO & Director
Comp: $1.44M

Mr. Christopher M. Abundis (Age 45)
Exec. VP, CFO & Gen. Counsel
Comp: $858.75k

Mr. Steven W. Adam (Age 68)
Exec. VP & COO
Comp: $938.1k

Mr. William Eric Schultz (Age 47)
VP of Accounting & Controller

Ms. Annie Foley
VP of Admin., Assistant Gen. Counsel & Corp. Sec.

Mr. Jeff Magids
VP of Fin. & Investor Relations

Ms. Laura Gu
VP of Corp. & Asset Devel.

Ms. Jennifer Cadena
VP of Land & ESG and Assistant Gen. Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SBOW Stock - Frequently Asked Questions

Should I buy or sell SilverBow Resources stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SilverBow Resources in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBOW shares.
View SBOW analyst ratings or view top-rated stocks.
What is SilverBow Resources' stock price forecast for 2023?: 3 brokers have issued 12 month target prices for SilverBow Resources' shares. Their SBOW share price forecasts range from $50.00 to $59.00. On average, they predict the company's share price to reach $54.67 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price.
View analysts price targets for SBOW or view top-rated stocks among Wall Street analysts.
How have SBOW shares performed in 2023?: SilverBow Resources' stock was trading at $28.28 at the beginning of the year. Since then, SBOW stock has increased by 26.5% and is now trading at $35.77.
View the best growth stocks for 2023 here.
When is SilverBow Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SBOW earnings forecast.
How were SilverBow Resources' earnings last quarter?: SilverBow Resources, Inc. (NYSE:SBOW) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $1.44 earnings per share for the quarter, meeting analysts' consensus estimates of $1.44. The company earned $126.40 million during the quarter, compared to analysts' expectations of $137.43 million. SilverBow Resources had a trailing twelve-month return on equity of 37.43% and a net margin of 61.53%.
What ETFs hold SilverBow Resources' stock?: ETFs with the largest weight of SilverBow Resources (NYSE:SBOW) stock in their portfolio include First Trust Natural Gas ETF (FCG).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

What other stocks do shareholders of SilverBow Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SilverBow Resources investors own include Sorrento Therapeutics (SRNE), Enerplus (ERF), Golar LNG Partners (GMLP), Zosano Pharma (ZSAN), Gran Tierra Energy (GTE), KushCo (KSHB), Matinas BioPharma (MTNB), ONE Gas (OGS), Washington Prime Group (WPG) and ADMA Biologics (ADMA).
What is SilverBow Resources' stock symbol?: SilverBow Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBOW."
How do I buy shares of SilverBow Resources?: Shares of SBOW 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.
What is SilverBow Resources' stock price today?: One share of SBOW stock can currently be purchased for approximately $35.77.
How much money does SilverBow Resources make?: SilverBow Resources (NYSE:SBOW) has a market capitalization of $809.12 million and generates $753.42 million in revenue each year. The company earns $340.44 million in net income (profit) each year or $19.21 on an earnings per share basis.
How can I contact SilverBow Resources?: SilverBow Resources' mailing address is 575 North Dairy Ashford Suite 1200, Houston TX, 77079. The official website for the company is www.sbow.com. The company can be reached via phone at (281) 874-2700, via email at ir@sbow.com, or via fax at 281-423-0025.

This page (NYSE:SBOW) was last updated on 9/30/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial