SilverBow Resources - SBOW Stock Forecast, Price & News

2 Wall Street research 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 research analysts is that investors should "buy" SBOW shares.
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2 analysts have issued 1 year price objectives for SilverBow Resources' stock. Their SBOW share price forecasts range from $48.00 to $62.00. On average, they predict the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 140.8% from the stock's current price.
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SilverBow Resources' stock was trading at $28.28 at the beginning of the year. Since then, SBOW shares have decreased by 19.2% and is now trading at $22.84.
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SilverBow Resources saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 1,960,000 shares, an increase of 24.8% from the January 31st total of 1,570,000 shares. Based on an average daily trading volume, of 296,200 shares, the short-interest ratio is currently 6.6 days. Approximately 20.6% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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SilverBow Resources, Inc. (NYSE:SBOW) announced its earnings results on Wednesday, March, 1st. The company reported $7.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.42 by $5.23. The business earned $198.98 million during the quarter, compared to analysts' expectations of $194.77 million. SilverBow Resources had a net margin of 45.19% and a trailing twelve-month return on equity of 65.70%.

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), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and Fidelity MSCI Energy Index ETF (FENY).iShares MSCI Global Energy Producers ETF (FILL).

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).

SilverBow Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBOW."

SilverBow Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include Post Oak Energy Holdings LLC (8.32%), Riposte Capital LLC (2.93%), Dimensional Fund Advisors LP (1.30%), JPMorgan Chase & Co. (1.18%), Geode Capital Management LLC (1.01%) and First Trust Advisors LP (0.74%). 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.
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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.
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One share of SBOW stock can currently be purchased for approximately $22.84.

SilverBow Resources (NYSE:SBOW) has a market capitalization of $513.21 million and generates $753.42 million in revenue each year. The company earns $340.44 million in net income (profit) each year or $15.05 on an earnings per share basis.

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.