Capital One Financial Decreases Earnings Estimates for Berry

Berry Co. (NASDAQ:BRY) – Research analysts at Capital One Financial lowered their Q1 2025 earnings estimates for shares of Berry in a report released on Tuesday, March 18th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $0.16 for the quarter, down from their previous forecast of $0.17. The consensus estimate for Berry’s current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry’s Q3 2025 earnings at $0.19 EPS and FY2025 earnings at $0.73 EPS.

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

Berry Stock Up 0.6 %

Shares of NASDAQ BRY opened at $3.43 on Thursday. The firm has a market cap of $263.90 million, a PE ratio of 3.18 and a beta of 1.67. Berry has a 12-month low of $3.06 and a 12-month high of $8.88. The company’s fifty day simple moving average is $4.23 and its 200 day simple moving average is $4.57. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54.

Institutional Trading of Berry

Institutional investors and hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. increased its stake in shares of Berry by 48.5% in the third quarter. Victory Capital Management Inc. now owns 386,286 shares of the energy company’s stock worth $1,986,000 after purchasing an additional 126,175 shares in the last quarter. Geode Capital Management LLC lifted its position in Berry by 10.2% during the third quarter. Geode Capital Management LLC now owns 1,903,951 shares of the energy company’s stock valued at $9,788,000 after purchasing an additional 176,280 shares during the last quarter. Barclays PLC lifted its position in Berry by 155.2% during the third quarter. Barclays PLC now owns 200,120 shares of the energy company’s stock valued at $1,029,000 after purchasing an additional 121,693 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Berry by 8.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 306,951 shares of the energy company’s stock valued at $1,578,000 after purchasing an additional 22,709 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Berry by 6.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,452,032 shares of the energy company’s stock worth $7,463,000 after acquiring an additional 91,254 shares in the last quarter. Hedge funds and other institutional investors own 94.88% of the company’s stock.

Berry Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 22nd will be issued a $0.03 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.12 annualized dividend and a dividend yield of 3.50%. Berry’s dividend payout ratio is currently 48.00%.

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.