Q1 EPS Estimates for Viper Energy Lifted by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Investment analysts at Zacks Research boosted their Q1 2027 EPS estimates for shares of Viper Energy in a research report issued to clients and investors on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings of $0.60 per share for the quarter, up from their prior forecast of $0.57. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Viper Energy’s FY2027 earnings at $2.43 EPS.

Several other brokerages have also commented on VNOM. Piper Sandler decreased their price objective on Viper Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Mizuho initiated coverage on Viper Energy in a research note on Monday, March 31st. They issued an “outperform” rating and a $56.00 price target for the company. Truist Financial dropped their price target on Viper Energy from $78.00 to $68.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd. StockNews.com raised shares of Viper Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Viper Energy from $56.00 to $51.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $58.77.

Viper Energy Trading Down 9.4 %

NASDAQ:VNOM opened at $37.64 on Thursday. The firm has a 50 day moving average of $45.90 and a 200 day moving average of $48.98. The company has a quick ratio of 7.24, a current ratio of 7.24 and a debt-to-equity ratio of 0.25. Viper Energy has a 52 week low of $35.46 and a 52 week high of $56.76. The stock has a market capitalization of $8.02 billion, a price-to-earnings ratio of 16.15 and a beta of 1.69.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. raised its stake in shares of Viper Energy by 43.9% during the 4th quarter. First Horizon Advisors Inc. now owns 701 shares of the oil and gas producer’s stock valued at $34,000 after buying an additional 214 shares during the last quarter. American Century Companies Inc. grew its holdings in Viper Energy by 1.1% during the fourth quarter. American Century Companies Inc. now owns 25,323 shares of the oil and gas producer’s stock worth $1,243,000 after acquiring an additional 268 shares during the period. Savant Capital LLC grew its holdings in Viper Energy by 2.1% during the fourth quarter. Savant Capital LLC now owns 14,396 shares of the oil and gas producer’s stock worth $706,000 after acquiring an additional 293 shares during the period. Andina Capital Management LLC raised its position in Viper Energy by 2.5% during the fourth quarter. Andina Capital Management LLC now owns 12,924 shares of the oil and gas producer’s stock valued at $634,000 after acquiring an additional 312 shares in the last quarter. Finally, Fulcrum Equity Management lifted its holdings in Viper Energy by 4.1% in the third quarter. Fulcrum Equity Management now owns 9,543 shares of the oil and gas producer’s stock valued at $430,000 after acquiring an additional 375 shares during the period. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Viper Energy Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, March 6th were issued a dividend of $0.65 per share. The ex-dividend date was Thursday, March 6th. This is a boost from Viper Energy’s previous dividend of $0.22. Viper Energy’s dividend payout ratio (DPR) is 32.70%.

About Viper Energy

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.