NYSE:SBOW

SilverBow Resources (SBOW) Stock Forecast, Price & News

$23.57

-0.42 (-1.75%)

(As of 05/26/2023 07:00 PM ET)

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Today's Range: $23.24
▼
$23.98
50-Day Range: $20.31
▼
$25.58
52-Week Range: $19.13
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$49.91

Volume: 143,000 shs
Average Volume: 284,109 shs
Market Capitalization: $533.15 million

P/E Ratio: 1.02
Dividend Yield: N/A
Price Target: $49.50

SilverBow Resources MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 110.0% Upside
$49.50 Price Target
Short Interest: Bearish
14.93% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.49
Based on 2 Articles This Week
Insider Trading: Selling Shares
$193,680 Sold Last Quarter
Proj. Earnings Growth: 87.22%
From $9.08 to $17.00 Per Share

Overall MarketRank^™

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

2.78 out of 5 stars

Oils/Energy Sector

60th out of 245 stocks

Crude Petroleum & Natural Gas Industry

32nd out of 79 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 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.50, SilverBow Resources has a forecasted upside of 110.0% from its current price of $23.57.
Amount of Analyst Coverage
SilverBow Resources has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
14.93% of the float of SilverBow Resources has been sold short.
Short Interest Ratio / Days to Cover
SilverBow Resources has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in SilverBow Resources has recently decreased by 4.70%, 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.

2.5

News and Social Media Coverage

News Sentiment
SilverBow Resources has a news sentiment score of 1.49. 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 0.49 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for SilverBow Resources this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for SBOW on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added SilverBow Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SilverBow Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $193,680.00 in company stock.
Percentage Held by Insiders
Only 4.00% of the stock of SilverBow Resources is held by insiders.
Percentage Held by Institutions
88.05% of the stock of SilverBow Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for SilverBow Resources are expected to grow by 87.22% in the coming year, from $9.08 to $17.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SilverBow Resources is 1.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of SilverBow Resources is 1.02, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.94.
Price to Book Value per Share Ratio
SilverBow Resources has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SilverBow Resources (NYSE:SBOW) Stock

SilverBow Resources, Inc. engages in the exploration, development, and production of oil and gas. It is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk. The firm's operations are focused in six fields: Artesia, AWP, Fasken, Eastern Eagle Food and Southern Eagle Ford Gas. The company was founded in 1979 and is headquartered in Houston, TX.

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SBOW Stock News Headlines

May 18, 2023 | marketbeat.com

Oil & Gas Producer Denbury Etching Cup-With-Handle Base (SBOW)

Denbury (NYSE: DEN), which went public for the second time a year ago, following a restructuring, has been etching a base since late June. It's now forming a handle below a potential buy point of $75.20.

May 27, 2023 | msn.com

SilverBow Resources: Strong Oil Production Growth, But Costs Are Creeping Up

May 29, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

May 20, 2023 | americanbankingnews.com

SilverBow Resources, Inc. (NYSE:SBOW) Director Sells $193,680.00 in Stock

May 16, 2023 | finance.yahoo.com

SilverBow Resources Extends Stockholder Rights Plan

May 8, 2023 | finance.yahoo.com

SilverBow Resources Publishes Inaugural Sustainability Report

May 3, 2023 | finance.yahoo.com

SilverBow Resources Announces First Quarter 2023 Results

May 3, 2023 | finance.yahoo.com

SilverBow Resources (SBOW) Q1 Earnings and Revenues Miss Estimates

May 29, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

May 3, 2023 | americanbankingnews.com

SilverBow Resources (NYSE:SBOW) Shares Gap Down to $23.85

May 2, 2023 | markets.businessinsider.com

What Wall Street expects from SilverBow Resources's earnings

May 2, 2023 | americanbankingnews.com

SilverBow Resources (SBOW) Scheduled to Post Quarterly Earnings on Wednesday

April 27, 2023 | finance.yahoo.com

SM Energy (SM) Beats Q1 Earnings and Revenue Estimates

April 22, 2023 | americanbankingnews.com

SilverBow Resources (NYSE:SBOW) versus Portage Biotech (NASDAQ:PRTG) Financial Analysis

April 19, 2023 | finance.yahoo.com

Royal Gold and Bath & Body Works have been highlighted as Zacks Bull and Bear of the Day

April 14, 2023 | finance.yahoo.com

SilverBow Resources (NYSE:SBOW) shareholders have earned a 121% CAGR over the last three years

April 13, 2023 | americanbankingnews.com

Truist Financial Increases SilverBow Resources (NYSE:SBOW) Price Target to $51.00

April 12, 2023 | americanbankingnews.com

SilverBow Resources (NYSE:SBOW) Stock Price Up 4%

April 6, 2023 | finance.yahoo.com

SilverBow Resources Schedules First Quarter 2023 Earnings Release and Conference Call

April 5, 2023 | americanbankingnews.com

SilverBow Resources (NYSE:SBOW) Shares Gap Up to $22.85

March 23, 2023 | seekingalpha.com

SilverBow Resources Focuses On Developing Its Oilier Assets

March 21, 2023 | seekingalpha.com

SBOW SilverBow Resources, Inc.

March 19, 2023 | seekingalpha.com

Revisit SilverBow Resources After Rights Resolution Expires

March 6, 2023 | finance.yahoo.com

SilverBow Resources, Inc. (NYSE:SBOW) Q4 2022 Earnings Call Transcript

March 4, 2023 | finance.yahoo.com

News Flash: 3 Analysts Think SilverBow Resources, Inc. (NYSE:SBOW) Earnings Are Under Threat

March 3, 2023 | finance.yahoo.com

Q4 2022 SilverBow Resources Inc Earnings Call

March 2, 2023 | msn.com

SilverBow surges after strong Q4 beat, planned production boost

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30 days | 90 days | 365 days | Advanced Chart

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SBOW Company Calendar

Last Earnings: 5/03/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

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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: 62
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $49.50
High Stock Price Forecast: $51.00
Low Stock Price Forecast: $48.00
Forecasted Upside/Downside: +110.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $23.06
Trailing P/E Ratio: 1.02
Forward P/E Ratio: 2.60
P/E Growth: N/A
Net Income: $340.44 million
Net Margins: 65.36%
Pretax Margin: 70.49%
Return on Equity: 46.45%
Return on Assets: 19.64%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 1.09
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $753.42 million
Price / Sales: 0.71
Cash Flow: $21.23 per share
Price / Cash Flow: 1.11
Book Value: $39.10 per share
Price / Book: 0.60

Miscellaneous

Outstanding Shares: 22,620,000
Free Float: 21,712,000
Market Cap: $533.15 million
Optionable: Not Optionable
Beta: 2.34

Key Executives

Sean C. Woolverton
Chief Executive Officer & Director

Steven W. Adam
Chief Operating Officer & Executive Vice President

Christopher M. Abundis
CFO, Executive VP & General Counsel

Annie Foley
Vice President-Administration & Secretary

Jeff Magids
Vice President-Finance & Investor Relations

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?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SilverBow Resources in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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?: 2 brokers have issued 1 year price targets for SilverBow Resources' shares. Their SBOW share price forecasts range from $48.00 to $51.00. On average, they expect the company's share price to reach $49.50 in the next year. This suggests a possible upside of 110.0% 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 start of the year. Since then, SBOW stock has decreased by 16.7% and is now trading at $23.57.
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, August 2nd 2023.
View our SBOW earnings forecast.
How were SilverBow Resources' earnings last quarter?: SilverBow Resources, Inc. (NYSE:SBOW) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.82 by $0.87. The business earned $139.95 million during the quarter, compared to the consensus estimate of $176.57 million. SilverBow Resources had a trailing twelve-month return on equity of 46.45% and a net margin of 65.36%.
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), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH).Fidelity MSCI Energy Index ETF (FENY).

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."
Who are SilverBow Resources' major shareholders?: SilverBow Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Post Oak Energy Holdings LLC (8.18%), FMR LLC (4.04%), BlackRock Inc. (4.00%), State Street Corp (3.34%), Royce & Associates LP (1.38%) and Geode Capital Management LLC (1.07%). Insiders that own company stock include Charles W Wampler, Christopher M Abundis, Gabriel L Ellisor, Kimmeridge Energy Management C, Marcus C Rowland, Sean C Woolverton, Steven W Adam and Strategic Value Partners, Llc.
View institutional ownership trends.
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 $23.57.
How much money does SilverBow Resources make?: SilverBow Resources (NYSE:SBOW) has a market capitalization of $533.15 million and generates $753.42 million in revenue each year. The company earns $340.44 million in net income (profit) each year or $23.06 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 5/29/2023 by MarketBeat.com Staff

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