Capital One Financial Forecasts GRNT Q2 Earnings

Granite Ridge Resources, Inc. (NYSE:GRNT) – Capital One Financial boosted their Q2 2025 earnings per share estimates for Granite Ridge Resources in a report issued on Monday, May 12th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $0.16 per share for the quarter, up from their prior forecast of $0.14. Capital One Financial currently has a “Equal Weight” rating on the stock. The consensus estimate for Granite Ridge Resources’ current full-year earnings is $0.52 per share. Capital One Financial also issued estimates for Granite Ridge Resources’ Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.77 EPS, FY2026 earnings at $0.69 EPS, FY2027 earnings at $0.59 EPS and FY2028 earnings at $0.60 EPS.

Granite Ridge Resources (NYSE:GRNT) last released its earnings results on Thursday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.02. The business had revenue of $122.93 million for the quarter, compared to analyst estimates of $115.30 million. Granite Ridge Resources had a return on equity of 11.58% and a net margin of 12.59%.

Separately, Stephens restated an “overweight” rating and issued a $8.00 price objective on shares of Granite Ridge Resources in a research note on Friday, March 7th.

Granite Ridge Resources Price Performance

NYSE:GRNT opened at $5.57 on Thursday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average price is $5.35 and its two-hundred day moving average price is $5.95. The firm has a market capitalization of $730.42 million, a price-to-earnings ratio of 15.47, a P/E/G ratio of 1.29 and a beta of 0.23. Granite Ridge Resources has a 12-month low of $4.52 and a 12-month high of $7.10.

Institutional Investors Weigh In On Granite Ridge Resources

A number of large investors have recently added to or reduced their stakes in GRNT. Barclays PLC grew its position in Granite Ridge Resources by 306.9% during the third quarter. Barclays PLC now owns 81,092 shares of the company’s stock worth $482,000 after buying an additional 61,162 shares in the last quarter. Spider Management Company LLC grew its position in Granite Ridge Resources by 21.4% during the fourth quarter. Spider Management Company LLC now owns 4,951,533 shares of the company’s stock worth $31,987,000 after buying an additional 872,282 shares in the last quarter. Northwestern University acquired a new stake in Granite Ridge Resources during the fourth quarter worth approximately $117,000. Belvedere Trading LLC acquired a new stake in Granite Ridge Resources during the fourth quarter worth approximately $75,000. Finally, Charles Schwab Investment Management Inc. grew its position in Granite Ridge Resources by 4.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 442,941 shares of the company’s stock worth $2,861,000 after buying an additional 18,348 shares in the last quarter. Institutional investors and hedge funds own 31.56% of the company’s stock.

Granite Ridge Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date is Friday, May 30th. Granite Ridge Resources’s dividend payout ratio is currently 488.89%.

About Granite Ridge Resources

Granite Ridge Resources, Inc operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc is based in Dallas, Texas.