Zacks Research Forecasts Reduced Earnings for Viper Energy

Viper Energy Inc. (NASDAQ:VNOM) – Research analysts at Zacks Research dropped their Q4 2027 earnings estimates for shares of Viper Energy in a research report issued on Thursday, September 10th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings of $0.51 per share for the quarter, down from their previous estimate of $0.58. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Viper Energy’s current full-year earnings is $2.74 per share. Zacks Research also issued estimates for Viper Energy’s Q1 2028 earnings at $0.55 EPS.

Viper Energy (NASDAQ:VNOM) last issued its earnings results on Monday, August 3rd. The oil and gas producer reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. The business had revenue of $677.00 million for the quarter, compared to analyst estimates of $643.45 million. Viper Energy had a net margin of 2.89% and a return on equity of 3.43%. The company’s revenue for the quarter was up 127.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.41 EPS.

Other research analysts have also issued research reports about the company. Roth Capital reiterated a “buy” rating on shares of Viper Energy in a research report on Tuesday, August 4th. Wall Street Zen lowered shares of Viper Energy from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Barclays dropped their target price on shares of Viper Energy from $60.00 to $58.00 and set an “overweight” rating on the stock in a report on Monday, August 17th. Royal Bank Of Canada assumed coverage on shares of Viper Energy in a report on Friday, May 29th. They issued an “outperform” rating and a $58.00 price target for the company. Finally, TD Cowen reiterated a “buy” rating on shares of Viper Energy in a research note on Tuesday, August 4th. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $56.93.

Viper Energy Stock Up 3.0%

Shares of Viper Energy stock opened at $45.96 on Monday. The business has a 50-day moving average price of $43.77 and a 200 day moving average price of $45.04. Viper Energy has a fifty-two week low of $35.10 and a fifty-two week high of $51.13. The firm has a market cap of $16.51 billion, a P/E ratio of 353.57 and a beta of 0.39. The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.16.

Hedge Funds Weigh In On Viper Energy

Several hedge funds and other institutional investors have recently modified their holdings of the company. IFP Advisors Inc boosted its stake in Viper Energy by 1,250.0% during the 2nd quarter. IFP Advisors Inc now owns 945 shares of the oil and gas producer’s stock valued at $40,000 after purchasing an additional 875 shares during the period. Integrated Wealth Concepts LLC bought a new position in Viper Energy in the 2nd quarter worth about $56,000. Parallel Advisors LLC increased its stake in shares of Viper Energy by 31.2% in the first quarter. Parallel Advisors LLC now owns 1,354 shares of the oil and gas producer’s stock valued at $64,000 after purchasing an additional 322 shares during the period. Clearstead Advisors LLC increased its stake in shares of Viper Energy by 50.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,940 shares of the oil and gas producer’s stock valued at $75,000 after purchasing an additional 654 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of Viper Energy by 20.0% during the second quarter. Versant Capital Management Inc now owns 2,481 shares of the oil and gas producer’s stock valued at $105,000 after buying an additional 413 shares during the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

Viper Energy Announces Dividend

The business also recently announced a special dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th were given a $0.29 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a yield of 281.0%. Viper Energy’s dividend payout ratio (DPR) is currently 1,169.23%.

About Viper Energy

Viper Energy, Inc (NASDAQ:VNOM) is a mineral and royalty company focused on owning interests in oil and natural gas properties. Rather than drilling and operating wells directly, the company leases its mineral and royalty interests to exploration and production companies and receives a share of the revenue generated from the resulting production.

Viper’s asset portfolio is concentrated in the Permian Basin, including the Midland and Delaware sub-basins in West Texas and southeastern New Mexico.