During the recent session, Veren Inc (NYSE:VRN)’s traded shares were 1.86 million, with the beta value of the company hitting 2.12. At the last check today, the stock’s price was $5.30, reflecting an intraday loss of -1.21% or -$0.06. The 52-week high for the VRN share is $9.28, that puts it down -75.09 from that peak though still a striking 17.17% gain since the share price plummeted to a 52-week low of $4.39. The company’s market capitalization is $3.26B, and the average intraday trading volume over the past 10 days was 15.57 million shares, and the average trade volume was 9.82 million shares over the past three months.
Veren Inc (NYSE:VRN) trade information
Veren Inc (VRN) registered a -1.21% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.21% in intraday trading to $5.30, hitting a weekly high. The stock’s 5-day price performance is -3.55%, and it has moved by 13.63% in 30 days. Based on these gigs, the overall price performance for the year is -17.27%. The short interest in Veren Inc (NYSE:VRN) is 13.56 million shares and it means that shorts have 2.63 day(s) to cover.
Veren Inc (VRN) estimates and forecasts
Statistics show that Veren Inc has underperformed its competitors in share price, compared to the industry in which it operates. Veren Inc (VRN) shares have gone down -30.33% during the last six months, with a year-to-date growth rate less than the industry average at -62.62% against -5.90. In the rating firms’ projections, revenue will increase 1.51% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 994.47M as predicted by 3 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 984M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.01B and 1.11B respectively. In this case, analysts expect current quarter sales to shrink by -1.77% and then drop by -11.18% in the coming quarter.
While earnings are projected to return -55.25% in 2025.
VRN Dividends
Veren Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Veren Inc is 0.33, with the dividend yield indicating at 6.32 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.3%.
Veren Inc (NYSE:VRN)’s Major holders
Also, the Mutual Funds coming in first place with the largest holdings of Veren Inc (VRN) shares are Franklin Value Investors Trust-Franklin Small Cap Value and DFA International Small Cap Value Portfolio. Data provided on Oct 31, 2024 indicates that Franklin Value Investors Trust-Franklin Small Cap Value owns about 17.31 shares. This amounts to just over 2.83 percent of the company’s overall shares, with a $91.49 million market value. The same data shows that the other fund manager holds slightly less at 10.48, or about 1.71% of the stock, which is worth about $55.37 million.
