What is Capital One Financial’s Forecast for PR Q1 Earnings?

Permian Resources Co. (NYSE:PR) – Stock analysts at Capital One Financial lifted their Q1 2025 EPS estimates for Permian Resources in a note issued to investors on Wednesday, April 16th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.39 per share for the quarter, up from their prior estimate of $0.38. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share.

Several other equities research analysts also recently commented on PR. Citigroup downgraded Permian Resources from a “buy” rating to a “reduce” rating in a report on Wednesday, March 5th. Truist Financial raised their price objective on shares of Permian Resources from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Bank of America dropped their target price on shares of Permian Resources from $19.00 to $17.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. Piper Sandler decreased their price objective on shares of Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, March 6th. Finally, Royal Bank of Canada cut their target price on Permian Resources from $18.00 to $16.00 and set an “outperform” rating on the stock in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.73.

Permian Resources Stock Performance

Shares of PR opened at $12.04 on Thursday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.40. The stock has a market cap of $9.67 billion, a P/E ratio of 7.29, a P/E/G ratio of 4.05 and a beta of 3.81. The business’s 50 day moving average price is $13.02 and its 200-day moving average price is $14.12. Permian Resources has a 52 week low of $10.01 and a 52 week high of $17.62.

Permian Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.60 annualized dividend and a yield of 4.99%. Permian Resources’s payout ratio is 41.96%.

Insider Activity

In other Permian Resources news, Director William J. Quinn acquired 500,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was purchased at an average price of $13.07 per share, with a total value of $6,535,000.00. Following the transaction, the director now directly owns 812,429 shares in the company, valued at approximately $10,618,447.03. The trade was a 160.04 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Robert Regan Shannon sold 2,731 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $14.02, for a total value of $38,288.62. Following the completion of the transaction, the chief accounting officer now directly owns 58,668 shares in the company, valued at approximately $822,525.36. This represents a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,685 shares of company stock valued at $135,687 in the last quarter. 12.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Permian Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Principal Securities Inc. increased its stake in shares of Permian Resources by 73.6% in the fourth quarter. Principal Securities Inc. now owns 2,010 shares of the company’s stock worth $29,000 after purchasing an additional 852 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in Permian Resources in the 4th quarter worth $31,000. Global Retirement Partners LLC raised its holdings in Permian Resources by 98.4% during the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock valued at $36,000 after acquiring an additional 1,232 shares during the period. Rakuten Securities Inc. lifted its position in shares of Permian Resources by 1,152.5% in the fourth quarter. Rakuten Securities Inc. now owns 2,505 shares of the company’s stock valued at $36,000 after acquiring an additional 2,305 shares in the last quarter. Finally, RE Dickinson Investment Advisors LLC bought a new position in shares of Permian Resources in the fourth quarter worth about $41,000. Institutional investors own 91.84% of the company’s stock.

Permian Resources Company Profile

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico.