Evolution Petroleum (EPM) Stock Forecast, Price & News

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

2 brokers have issued 1-year price objectives for Evolution Petroleum's shares. Their EPM share price forecasts range from $9.50 to $9.50. On average, they expect the company's share price to reach $9.50 in the next twelve months. This suggests a possible upside of 46.8% from the stock's current price.
View analysts price targets for EPM or view top-rated stocks among Wall Street analysts.

Evolution Petroleum's stock was trading at $7.03 at the beginning of the year. Since then, EPM shares have decreased by 8.0% and is now trading at $6.47.
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Evolution Petroleum saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,600,000 shares, an increase of 6.0% from the August 15th total of 1,510,000 shares. Based on an average daily volume of 475,700 shares, the short-interest ratio is presently 3.4 days. Approximately 5.3% of the company's stock are sold short.
View Evolution Petroleum's Short Interest.

Evolution Petroleum Co. (NYSEAMERICAN:EPM) released its quarterly earnings results on Monday, November, 8th. The energy company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. The energy company had revenue of $18.88 million for the quarter, compared to analyst estimates of $17.75 million. Evolution Petroleum had a trailing twelve-month return on equity of 37.86% and a net margin of 27.40%.

Evolution Petroleum announced a quarterly dividend on Wednesday, September 13th. Investors of record on Friday, September 22nd will be given a dividend of $0.12 per share on Friday, September 29th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date is Thursday, September 21st.
Read our dividend analysis for EPM.

Inspire Fidelis Multi Factor ETF holds 70,836 shares of EPM stock, representing 1.08% of its portfolio.

Evolution Petroleum (NYSEAMERICAN:EPM) pays an annual dividend of $0.48 per share and currently has a dividend yield of 7.35%. EPM 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 46.15%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EPM.

Based on aggregate information from My MarketBeat watchlists, some companies that other Evolution Petroleum investors own include Reata Pharmaceuticals (RETA), Advanced Micro Devices (AMD), Approach Resources (AREX), Trevena (TRVN), Gold Resource (GORO), Vivint Solar (VSLR), Chimerix (CMRX), Genocea Biosciences (GNCA) and LightPath Technologies (LPTH).

Evolution Petroleum trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "EPM."

Evolution Petroleum's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.39%), WealthTrust Axiom LLC (4.97%), Renaissance Technologies LLC (4.63%), Dimensional Fund Advisors LP (3.68%), Ranger Investment Management L.P. (2.76%) and Russell Investments Group Ltd. (1.92%).
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Shares of EPM 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 EPM stock can currently be purchased for approximately $6.47.

Evolution Petroleum (NYSEAMERICAN:EPM) has a market capitalization of $215.06 million and generates $128.51 million in revenue each year. The energy company earns $35.22 million in net income (profit) each year or $1.04 on an earnings per share basis.

Evolution Petroleum's mailing address is 1155 Dairy Ashford Rd Ste 425, HOUSTON, TX 77079-3021, United States. The official website for the company is www.evolutionpetroleum.com. The energy company can be reached via phone at (713) 935-0122 or via fax at 713-935-0199.