In the latest trading session, 5.23 million Veren Inc (NYSE:VRN) shares changed hands as the company’s beta touched 2.12. With the company’s most recent per share price at $4.79 changing hands around $0.03 or 0.63% at last look, the market valuation stands at $2.95B. VRN’s current price is a discount, trading about -93.74% off its 52-week high of $9.28. The share price had its 52-week low at $4.39, which suggests the last value was 8.35% up since then.
Veren Inc (NYSE:VRN) trade information
Instantly VRN is in green as seen in intraday trades today. With action -10.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -6.81%, with the 5-day performance at -10.30% in the red. However, in the 30-day time frame, Veren Inc (NYSE:VRN) is -7.71% down.
Veren Inc (VRN) estimates and forecasts
Year-over-year growth is forecast to reach 1.51% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 994.47M. 1 analysts are of the opinion that Veren Inc’s revenue for the current quarter will be 984M. The company’s revenue for the corresponding quarters a year ago was 1.01B and 1.11B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.77%. The estimates for the next quarter sales put growth at -11.18%.
The 2025 estimates are for Veren Inc earnings to decrease by -54.63%, but the outlook for the next 5-year period is at -2.38% per year.
VRN Dividends
Veren Inc is expected to release its next quarterly earnings report in March. The 6.99% annual yield figure for the share gives it an annual dividend of 0.33. It is important to note, however, that the 6.99% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Veren Inc (NYSE:VRN)’s Major holders
Among Mutual Funds, the top two as of Oct 31, 2024 were Franklin Value Investors Trust-Franklin Small Cap Value and DFA International Small Cap Value Portfolio. With 17.31 shares estimated at $83.52 million under it, the former controlled 2.83% of total outstanding shares. On the other hand, DFA International Small Cap Value Portfolio held about 1.71% of the shares, roughly 10.48 shares worth around $50.55 million.
