Berry Q1 EPS Estimate Increased by Capital One Financial

Berry Co. (NASDAQ:BRY) – Stock analysts at Capital One Financial increased their Q1 2025 EPS estimates for Berry in a research report issued on Wednesday, January 8th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.13. The consensus estimate for Berry’s current full-year earnings is $0.60 per share. Capital One Financial also issued estimates for Berry’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.76 EPS.

Separately, Piper Sandler lowered their target price on shares of Berry from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Monday, November 18th.

Berry Stock Performance

Shares of Berry stock opened at $4.88 on Monday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54. Berry has a 52 week low of $3.72 and a 52 week high of $8.88. The firm’s 50 day moving average is $4.24 and its two-hundred day moving average is $5.30. The firm has a market capitalization of $375.46 million, a P/E ratio of 4.52 and a beta of 1.64.

Berry (NASDAQ:BRY) last released its quarterly earnings data on Thursday, November 7th. The energy company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The business had revenue of $259.80 million during the quarter, compared to analysts’ expectations of $186.67 million. Berry had a net margin of 9.40% and a return on equity of 6.50%. The company’s revenue was up 31.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.

Institutional Investors Weigh In On Berry

Several large investors have recently modified their holdings of the company. HITE Hedge Asset Management LLC acquired a new position in Berry in the 2nd quarter valued at about $5,636,000. Millennium Management LLC grew its stake in shares of Berry by 2,821.9% in the 2nd quarter. Millennium Management LLC now owns 649,607 shares of the energy company’s stock valued at $4,196,000 after purchasing an additional 627,375 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Berry by 23.6% in the second quarter. American Century Companies Inc. now owns 1,664,292 shares of the energy company’s stock valued at $10,751,000 after purchasing an additional 318,223 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in shares of Berry during the second quarter worth approximately $1,719,000. Finally, GSA Capital Partners LLP acquired a new position in Berry in the 3rd quarter valued at $1,333,000. 94.88% of the stock is owned by institutional investors and hedge funds.

Berry Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, November 15th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 2.46%. The ex-dividend date was Friday, November 15th. Berry’s dividend payout ratio (DPR) is 11.11%.

About Berry

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company’s principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.