HighPeak Energy (NASDAQ:HPK) Upgraded at Roth Capital

Roth Capital upgraded shares of HighPeak Energy (NASDAQ:HPK) to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports. Roth Capital also issued estimates for HighPeak Energy’s Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.10 EPS and Q4 2026 earnings at $0.08 EPS.

A number of other analysts have also recently issued reports on the company. Wall Street Zen cut HighPeak Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. Weiss Ratings restated a “sell (d+)” rating on shares of HighPeak Energy in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, HighPeak Energy has an average rating of “Hold” and an average target price of $11.67.

HighPeak Energy Stock Down 1.1%

Shares of NASDAQ:HPK opened at $7.00 on Monday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.82 and a current ratio of 0.87. HighPeak Energy has a 1 year low of $6.60 and a 1 year high of $15.72. The stock has a market capitalization of $882.91 million, a P/E ratio of 8.14 and a beta of 1.21. The stock has a 50-day simple moving average of $7.36 and a 200-day simple moving average of $8.93.

HighPeak Energy (NASDAQ:HPK) last issued its earnings results on Monday, August 11th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). HighPeak Energy had a return on equity of 7.10% and a net margin of 12.59%.The firm had revenue of $200.40 million for the quarter, compared to analysts’ expectations of $210.87 million. During the same quarter in the previous year, the firm posted $0.28 EPS. The firm’s revenue for the quarter was down 27.2% compared to the same quarter last year. Equities analysts forecast that HighPeak Energy will post 0.78 earnings per share for the current year.

HighPeak Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Tuesday, September 2nd were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 2nd. HighPeak Energy’s dividend payout ratio is currently 18.60%.

Institutional Investors Weigh In On HighPeak Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio acquired a new stake in shares of HighPeak Energy during the 1st quarter valued at approximately $60,000. Raymond James Financial Inc. bought a new position in HighPeak Energy during the 2nd quarter worth $49,000. Exchange Traded Concepts LLC grew its stake in HighPeak Energy by 1,262.5% during the 1st quarter. Exchange Traded Concepts LLC now owns 9,238 shares of the company’s stock worth $117,000 after buying an additional 8,560 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in HighPeak Energy during the 1st quarter worth $134,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in HighPeak Energy during the 2nd quarter worth $109,000. 24.13% of the stock is owned by institutional investors and hedge funds.

About HighPeak Energy

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.