In the last trading session, 2.02 million Berry Corp (NASDAQ:BRY) shares changed hands as the company’s beta touched 1.22. With the company’s per share price at $2.17 changed hands at -$0.25 or -10.33% during last session, the market valuation stood at $167.56M. BRY’s last price was a discount, traded about -305.53% off its 52-week high of $8.80. The share price had its 52-week low at $2.29, which suggests the last value was -5.53% down since then. When we look at Berry Corp’s average trading volume, we note the 10-day average is 1.11 million shares, with the 3-month average coming to 988.64K.
Berry Corp (NASDAQ:BRY) trade information
Instantly BRY was in red as seen at the end of in last trading. With action -31.97%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -47.46%, with the 5-day performance at -31.97% in the red. However, in the 30-day time frame, Berry Corp (NASDAQ:BRY) is -36.73% down. Looking at the short shares, we see there were 1.78 million shares sold at short interest cover period of 1.87 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 69.0% from its current market value. According to analyst projections, BRY’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -222.58% plunge from its current level, while the stock would need to soar -222.58% for it to hit the projected low.
Berry Corp (BRY) estimates and forecasts
Year-over-year growth is forecast to reach -8.44% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 177M. 1 analysts are of the opinion that Berry Corp’s revenue for the current quarter will be 175M. The company’s revenue for the corresponding quarters a year ago was 131.11M and 197.82M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 35.00%. The estimates for the next quarter sales put growth at -11.54%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -14.00%. The 2025 estimates are for Berry Corp earnings to decrease by -36.18%, but the outlook for the next 5-year period is at -4.62% per year.
BRY Dividends
Berry Corp is expected to release its next quarterly earnings report on 2025-Mar-11. The 16.13% annual yield figure for the share gives it an annual dividend of 0.35. It is important to note, however, that the 16.13% 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. During the past 5 years, the average dividend yield was 8.29 per year.
Berry Corp (NASDAQ:BRY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.87% of Berry Corp shares while 87.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.35%. There are 87.76% institutions holding the Berry Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 8.5195% of the shares, roughly 6.55 million BRY shares worth $42.34 million.
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 8.2411% or 6.34 million shares worth $40.96 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund and iShares Trust-iShares Russell 2000 ETF . With 2.22 shares estimated at $4.82 million under it, the former controlled 2.88% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.62% of the shares, roughly 2.02 shares worth around $4.39 million.
