Q4 EPS Estimates for Viper Energy Lowered by Zacks Research

Viper Energy, Inc. (NASDAQ:VNOM) – Zacks Research reduced their Q4 2024 EPS estimates for Viper Energy in a research note issued on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $0.33 for the quarter, down from their prior estimate of $0.35. 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 Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.39 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.53 EPS, Q2 2026 earnings at $0.43 EPS and Q3 2026 earnings at $0.51 EPS.

VNOM has been the subject of a number of other reports. JPMorgan Chase & Co. raised their target price on shares of Viper Energy from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. Raymond James lifted their price objective on shares of Viper Energy from $58.00 to $62.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Roth Mkm lifted their price objective on shares of Viper Energy from $46.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Truist Financial lifted their price objective on shares of Viper Energy from $57.00 to $64.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, Bank of America assumed coverage on shares of Viper Energy in a research note on Tuesday. They set a “buy” rating and a $64.00 price objective for the company. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat, Viper Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.78.

Viper Energy Trading Up 0.1 %

VNOM stock opened at $54.26 on Wednesday. The firm has a fifty day moving average price of $50.92 and a 200 day moving average price of $44.66. Viper Energy has a fifty-two week low of $29.03 and a fifty-two week high of $56.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 7.24 and a current ratio of 7.24. The firm has a market cap of $10.22 billion, a PE ratio of 23.29 and a beta of 1.72.

Viper Energy (NASDAQ:VNOM) last posted its earnings results on Monday, November 4th. The oil and gas producer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Viper Energy had a net margin of 24.65% and a return on equity of 6.72%. The firm had revenue of $209.59 million during the quarter, compared to analyst estimates of $210.54 million. During the same period last year, the firm posted $1.10 earnings per share. Viper Energy’s revenue for the quarter was down 28.5% compared to the same quarter last year.

Institutional Trading of Viper Energy

Several institutional investors and hedge funds have recently made changes to their positions in VNOM. Vanguard Group Inc. raised its holdings in shares of Viper Energy by 23.3% in the first quarter. Vanguard Group Inc. now owns 8,481,119 shares of the oil and gas producer’s stock valued at $326,184,000 after acquiring an additional 1,603,333 shares in the last quarter. State Street Corp raised its holdings in shares of Viper Energy by 78.2% in the third quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer’s stock valued at $172,918,000 after acquiring an additional 1,682,183 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Viper Energy by 12.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,085,841 shares of the oil and gas producer’s stock valued at $78,282,000 after acquiring an additional 224,021 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Viper Energy by 16.0% in the third quarter. Geode Capital Management LLC now owns 1,698,661 shares of the oil and gas producer’s stock valued at $76,647,000 after acquiring an additional 234,048 shares in the last quarter. Finally, Merewether Investment Management LP raised its holdings in shares of Viper Energy by 22.9% in the third quarter. Merewether Investment Management LP now owns 860,600 shares of the oil and gas producer’s stock valued at $38,822,000 after acquiring an additional 160,600 shares in the last quarter. 87.72% of the stock is currently owned by institutional investors.

Viper Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.21%. Viper Energy’s dividend payout ratio (DPR) is 51.50%.

About Viper Energy

Viper Energy, Inc owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc in November 2023.