Berry Co. (NASDAQ:BRY – Free Report) – Equities researchers at Capital One Financial upped 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 forecasts that the energy company will post earnings of $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 1.7 %
BRY opened at $3.49 on Wednesday. The stock has a market capitalization of $268.52 million, a PE ratio of 3.23 and a beta of 1.67. Berry has a one year low of $3.06 and a one year high of $8.88. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. The business’s 50 day moving average price is $4.21 and its 200 day moving average price is $4.57.
Berry Dividend Announcement
The firm also recently declared 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. This represents a $0.12 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend is Friday, March 21st. Berry’s dividend payout ratio is presently 48.00%.
Institutional Trading of Berry
Several institutional investors and hedge funds have recently bought and sold shares of BRY. Vanguard Group Inc. increased its position in shares of Berry by 12.2% during the fourth quarter. Vanguard Group Inc. now owns 5,980,118 shares of the energy company’s stock valued at $24,698,000 after acquiring an additional 652,416 shares during the last quarter. State Street Corp increased its holdings in Berry by 0.8% in the 3rd quarter. State Street Corp now owns 3,001,229 shares of the energy company’s stock valued at $15,426,000 after purchasing an additional 25,108 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Berry by 1.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,729,339 shares of the energy company’s stock valued at $11,682,000 after purchasing an additional 35,728 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Berry by 31.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,403,588 shares of the energy company’s stock worth $9,927,000 after purchasing an additional 571,812 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Berry by 11.4% during the fourth quarter. American Century Companies Inc. now owns 2,101,825 shares of the energy company’s stock worth $8,681,000 after buying an additional 214,580 shares during the period. 94.88% of the stock is currently owned by hedge funds and other institutional investors.
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.
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