Evolution Petroleum (EPM) Stock Forecast, Price & News

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

2 analysts have issued 12-month price targets for Evolution Petroleum's stock. Their EPM share price forecasts range from $8.60 to $9.50. On average, they expect the company's stock price to reach $9.05 in the next twelve months. This suggests a possible upside of 8.1% 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 2023. Since then, EPM stock has increased by 19.1% and is now trading at $8.37.
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Evolution Petroleum saw a increase in short interest in May. As of May 15th, there was short interest totaling 367,800 shares, an increase of 16.5% from the April 30th total of 315,600 shares. Based on an average trading volume of 259,400 shares, the short-interest ratio is currently 1.4 days. Currently, 1.2% of the company's stock are sold short.
View Evolution Petroleum's Short Interest.

Evolution Petroleum Co. (NYSEAMERICAN:EPM) announced its quarterly earnings results on Tuesday, May, 9th. The energy company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.25. The energy company earned $36.87 million during the quarter, compared to analysts' expectations of $34.25 million. Evolution Petroleum had a trailing twelve-month return on equity of 57.14% and a net margin of 32.77%.

Evolution Petroleum announced a quarterly dividend on Thursday, May 11th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.12 per share on Friday, June 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date is Wednesday, June 14th.
Read our dividend analysis for EPM.

ETFs with the largest weight of Evolution Petroleum (NYSEAMERICAN:EPM) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Janus Henderson Small Cap Growth Alpha ETF (JSML),

Evolution Petroleum (NYSEAMERICAN:EPM) pays an annual dividend of $0.48 per share and currently has a dividend yield of 5.89%. 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 32.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EPM will have a dividend payout ratio of 45.71% next year. This indicates that the company will be able to sustain or increase its dividend.
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), Ampio Pharmaceuticals (AMPE), 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 many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (5.23%), WealthTrust Axiom LLC (4.97%), River Road Asset Management LLC (3.57%), Dimensional Fund Advisors LP (3.36%), BlackRock Inc. (2.97%) and Ranger Investment Management L.P. (2.50%).
View institutional ownership trends.

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 $8.37.

Evolution Petroleum (NYSEAMERICAN:EPM) has a market capitalization of $278.47 million and generates $108.93 million in revenue each year. The energy company earns $32.63 million in net income (profit) each year or $1.48 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.