In the last trading session, 1.27 million shares of the Berry Corp (NASDAQ:BRY) were traded, and its beta was 1.20. Most recently the company’s share price was $2.26, and it changed around -$0.03 or -1.31% from the last close, which brings the market valuation of the company to $175.37M. BRY currently trades at a discount to its 52-week high of $8.80, offering almost -289.38% off that amount. The share price’s 52-week low was $2.11, which indicates that the current value has risen by an impressive 6.64% since then. We note from Berry Corp’s average daily trading volume that its 10-day average is 1.54 million shares, with the 3-month average coming to 999.83K.
Berry Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended BRY as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Berry Corp is expected to report earnings per share of 0.12 for the current quarter.
Berry Corp (NASDAQ:BRY) trade information
Instantly BRY has showed a red trend with a performance of -1.31% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.65 on recent trading dayincreased the stock’s daily price by 14.72%. The company’s shares are currently down -45.28% year-to-date, but still up 4.15% over the last five days. On the other hand, Berry Corp (NASDAQ:BRY) is -32.34% down in the 30-day period. We can see from the shorts that 1.74 million shares have been sold at a short interest cover period of 1.62 day(s).
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 67.71% from its current value. Analyst projections state that BRY is forecast to be at a low of $7 and a high of $7.
Berry Corp (BRY) estimates and forecasts
The year-over-year growth rate is expected to be -8.44%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 177M in revenue for the current quarter. 1 analysts expect Berry Corp to make 175M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 131.11M and 197.82M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 35.00%. Forecasts for the next quarter put sales growth at -11.54%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -14.00%. Berry Corp earnings are expected to increase by -34.80% in 2025, but the outlook is negative -14.50% per year for the next five years.
BRY Dividends
Berry Corp’s next quarterly earnings report is expected to be released on 2025-Mar-11. The annual dividend yield of the stock is 15.49 percent and its annual dividend per share was 0.35. It is important to note, however, that the 15.49% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 8.29 per year.
Berry Corp (NASDAQ:BRY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.85% of Berry Corp shares, and 87.50% of them are in the hands of institutional investors. The stock currently has a share float of 90.07%. Berry Corp stock is held by 247.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 8.5195% of the shares, which is about 6.55 million shares worth $42.34 million.
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, with 8.2411% or 6.34 million shares worth $40.96 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Feb 28, 2025 . The former held 2.22 shares worth $5.02 million, making up 2.88% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 2.02 shares worth around $4.57 million, which represents about 2.62% of the total shares outstanding.
