Riley Exploration Permian (REPX) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Riley Exploration Permian in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REPX shares.
View REPX analyst ratings or view top-rated stocks.

1 brokerages have issued 1 year price objectives for Riley Exploration Permian's stock. Their REPX share price targets range from $50.00 to $50.00. On average, they expect the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 79.7% from the stock's current price.
View analysts price targets for REPX or view top-rated stocks among Wall Street analysts.

Riley Exploration Permian's stock was trading at $27.24 at the start of the year. Since then, REPX stock has increased by 2.1% and is now trading at $27.82.
View the best growth stocks for 2024 here.

Riley Exploration Permian, Inc. (NYSE:REPX) posted its earnings results on Wednesday, March, 6th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $1.61 by $0.91. The firm earned $99.83 million during the quarter, compared to analyst estimates of $94.77 million. Riley Exploration Permian had a trailing twelve-month return on equity of 25.08% and a net margin of 29.75%.

Riley Exploration Permian declared a quarterly dividend on Thursday, April 11th. Investors of record on Thursday, April 25th will be given a dividend of $0.36 per share on Thursday, May 9th. This represents a $1.44 annualized dividend and a yield of 5.18%. The ex-dividend date of this dividend is Wednesday, April 24th.
Read our dividend analysis for REPX.

Riley Exploration Permian (NYSE:REPX) pays an annual dividend of $1.44 per share and currently has a dividend yield of 5.09%. REPX 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 25.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, REPX will have a dividend payout ratio of 18.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REPX.

Riley Exploration Permian (REPX) raised $100 million in an initial public offering on Wednesday, October 17th 2018. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. SunTrust Robinson Humphrey, Seaport Global Securities and Capital One Securities acted as the underwriters for the IPO and Imperial Capital and Roth Capital Partners were co-managers.

Riley Exploration Permian's stock is owned by a number of institutional and retail investors. Top institutional investors include PCG Wealth Advisors LLC (0.55%) and Denali Advisors LLC (0.06%). Insiders that own company stock include Alvin Gerald Libin, Bobby Riley, Brent Alexander Arriaga, Bryan H Lawrence, Kevin Riley, Philip A Riley, Riley Exploration Group, Llc and Riley Exploration Ho Bluescape.
View institutional ownership trends.

Shares of REPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.