Zacks Research Forecasts Higher Earnings for Viper Energy

Viper Energy Inc. (NASDAQ:VNOM) – Research analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of Viper Energy in a research report issued on Thursday, September 25th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings of $1.73 per share for the year, up from their previous forecast of $1.72. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share.

Viper Energy (NASDAQ:VNOM) last released its quarterly earnings data on Monday, August 4th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $297.00 million for the quarter, compared to analysts’ expectations of $285.35 million. Viper Energy had a return on equity of 3.92% and a net margin of 37.84%.Viper Energy’s revenue for the quarter was up 37.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.62 EPS.

Several other equities research analysts have also recently commented on VNOM. Mizuho cut their target price on Viper Energy from $55.00 to $51.00 and set an “outperform” rating on the stock in a research note on Monday, September 15th. Wall Street Zen cut Viper Energy from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. Piper Sandler boosted their target price on Viper Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Evercore ISI boosted their target price on Viper Energy from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, June 4th. Finally, William Blair began coverage on Viper Energy in a research note on Monday, August 25th. They issued an “outperform” rating on the stock. Sixteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $55.53.

Viper Energy Trading Up 0.3%

NASDAQ VNOM opened at $39.71 on Friday. The stock has a market capitalization of $11.46 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 17.72 and a beta of 1.04. The stock’s 50 day moving average price is $38.22 and its two-hundred day moving average price is $39.76. The company has a debt-to-equity ratio of 0.13, a quick ratio of 6.15 and a current ratio of 6.15. Viper Energy has a 52 week low of $34.71 and a 52 week high of $56.76.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Financial Gravity Companies Inc. acquired a new position in shares of Viper Energy during the 2nd quarter worth approximately $27,000. UMB Bank n.a. increased its holdings in shares of Viper Energy by 129.0% during the 1st quarter. UMB Bank n.a. now owns 735 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 414 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Viper Energy during the 1st quarter worth approximately $34,000. AlphaQuest LLC acquired a new position in shares of Viper Energy during the 1st quarter worth approximately $41,000. Finally, Assetmark Inc. increased its holdings in shares of Viper Energy by 48.7% during the 2nd quarter. Assetmark Inc. now owns 1,068 shares of the oil and gas producer’s stock worth $41,000 after acquiring an additional 350 shares during the last quarter. 87.72% of the stock is owned by institutional investors and hedge funds.

Viper Energy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Thursday, August 14th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.12 annualized dividend and a dividend yield of 5.3%. Viper Energy’s payout ratio is 38.15%.

Viper Energy Company Profile

Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.