Capital One Financial Raises Earnings Estimates for Berry

Berry Co. (NASDAQ:BRY) – Analysts at Capital One Financial increased their FY2026 earnings per share (EPS) estimates for shares of Berry in a research note issued to investors on Tuesday, March 18th. Capital One Financial analyst B. Velie now expects that the energy company will earn $0.56 per share for the year, up from their previous forecast of $0.48. The consensus estimate for Berry’s current full-year earnings is $0.58 per share.

Berry Trading Up 2.1 %

Shares of BRY stock opened at $3.41 on Wednesday. The stock’s 50-day moving average price is $4.25 and its 200-day moving average price is $4.58. Berry has a 12-month low of $3.06 and a 12-month high of $8.88. The stock has a market capitalization of $262.36 million, a price-to-earnings ratio of 3.16 and a beta of 1.67. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.54.

Berry (NASDAQ:BRY) last announced its quarterly earnings results on Wednesday, March 12th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.09. The company had revenue of $167.06 million for the quarter, compared to the consensus estimate of $173.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%.

Berry Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 22nd will be issued a dividend of $0.03 per share. The ex-dividend date is Friday, March 21st. This represents a $0.12 annualized dividend and a dividend yield of 3.52%. Berry’s dividend payout ratio (DPR) is 48.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BRY. Price T Rowe Associates Inc. MD raised its stake in Berry by 15.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,183 shares of the energy company’s stock valued at $117,000 after purchasing an additional 3,714 shares in the last quarter. ClearAlpha Technologies LP raised its position in shares of Berry by 7.8% during the 3rd quarter. ClearAlpha Technologies LP now owns 55,516 shares of the energy company’s stock valued at $285,000 after buying an additional 3,998 shares in the last quarter. Meeder Asset Management Inc. grew its position in Berry by 54.9% in the fourth quarter. Meeder Asset Management Inc. now owns 12,114 shares of the energy company’s stock worth $50,000 after acquiring an additional 4,294 shares in the last quarter. JPMorgan Chase & Co. grew its position in Berry by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 269,502 shares of the energy company’s stock worth $1,385,000 after acquiring an additional 4,686 shares in the last quarter. Finally, FMR LLC increased its stake in Berry by 40.9% during the third quarter. FMR LLC now owns 17,606 shares of the energy company’s stock worth $90,000 after acquiring an additional 5,115 shares during the last quarter. 94.88% of the stock is currently owned by institutional investors.

Berry Company Profile

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.