FY2025 Earnings Estimate for Veren Issued By Atb Cap Markets

Veren Inc. (TSE:VRN) – Analysts at Atb Cap Markets dropped their FY2025 earnings per share (EPS) estimates for shares of Veren in a research note issued to investors on Wednesday, January 22nd. Atb Cap Markets analyst A. Arif now expects that the company will earn $1.11 per share for the year, down from their previous forecast of $1.23. Atb Cap Markets also issued estimates for Veren’s FY2026 earnings at $0.91 EPS and FY2027 earnings at $0.58 EPS.

Veren (TSE:VRN) last issued its earnings results on Thursday, October 31st. The company reported C$0.29 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.33 by C($0.04). During the same period in the previous year, the company posted $0.42 EPS.

VRN has been the subject of a number of other reports. Raymond James dropped their price target on Veren from C$13.00 to C$12.00 and set a “strong-buy” rating for the company in a research note on Friday, November 1st. CIBC lowered their target price on Veren from C$13.00 to C$12.50 in a research report on Friday, January 17th. Scotiabank reduced their price target on shares of Veren from C$12.00 to C$11.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. BMO Capital Markets lowered their price objective on shares of Veren from C$14.00 to C$11.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Finally, National Bankshares reduced their target price on shares of Veren from C$13.50 to C$13.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$11.83.

Veren Stock Down 1.9 %

VRN opened at C$7.72 on Friday. Veren has a 52 week low of C$6.34 and a 52 week high of C$12.67. The firm’s 50-day moving average is C$7.36.

Veren Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, January 2nd were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.46 annualized dividend and a yield of 5.96%.

Veren Company Profile

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.