Capital One Financial Decreases Earnings Estimates for Berry

Berry Co. (NASDAQ:BRY) – Equities 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 forecasts that the energy company will post earnings of $0.16 per share for the quarter, down from their prior estimate 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 announced its quarterly earnings results on Wednesday, March 12th. The energy company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09. The company had revenue of $167.06 million for the quarter, compared to analysts’ expectations of $173.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%.

Berry Stock Performance

Shares of Berry stock opened at $3.43 on Thursday. The stock has a market cap of $263.90 million, a price-to-earnings ratio of 3.18 and a beta of 1.67. The firm’s 50-day moving average is $4.23 and its 200 day moving average is $4.57. Berry has a 1 year low of $3.06 and a 1 year high of $8.88. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80.

Berry Dividend Announcement

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

Hedge Funds Weigh In On Berry

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Mackenzie Financial Corp lifted its stake in Berry by 598.6% during the 4th quarter. Mackenzie Financial Corp now owns 134,905 shares of the energy company’s stock valued at $557,000 after acquiring an additional 115,594 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Berry by 92.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 87,120 shares of the energy company’s stock valued at $360,000 after purchasing an additional 41,822 shares during the last quarter. GTS Securities LLC purchased a new stake in shares of Berry during the 4th quarter valued at about $93,000. Virtus Fund Advisers LLC purchased a new stake in shares of Berry during the 4th quarter valued at about $56,000. Finally, Virtus Investment Advisers Inc. purchased a new stake in shares of Berry during the 4th quarter valued at about $834,000. Institutional investors own 94.88% of the company’s stock.

Berry Company Profile

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.