Veren Inc (NYSE:VRN)’s traded shares stood at 4.17 million during the latest session, with the company’s beta value hitting 0.97. At the last check today, the stock’s price was $5.93, to imply an increase of 0.42% or $0.02 in intraday trading. The VRN share’s 52-week high remains $9.14, putting it -54.13% down since that peak but still an impressive 25.97% since price per share fell to its 52-week low of $4.39. The company has a valuation of $3.63B, with an average of 24.86 million shares in intraday trading volume over the past 10 days and average of 23.91 million shares over the past 3 months.
Veren Inc (NYSE:VRN) trade information
After registering a 0.42% upside in the latest session, Veren Inc (VRN) has traded red over the past five days. The 5-day price performance for the stock is -3.18%, and -11.15% over 30 days. With these gigs, the year-to-date price performance is 15.47%. Short interest in Veren Inc (NYSE:VRN) saw shorts transact 15.87 million shares and set a 0.62 days time to cover.
Veren Inc (VRN) estimates and forecasts
The rating firms project that company’s revenue will shrink -0.84% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 1.01B. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 1.03B.Earnings reports from the last fiscal year show that sales brought in 1.11B and 1.14B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -8.57% before dropping -9.23% in the following quarter.
VRN Dividends
Veren Inc has its next earnings report out on 2025-Feb-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Veren Inc has a forward dividend ratio of 0.33, with the share yield ticking at 5.54% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.56%.
Veren Inc (NYSE:VRN)’s Major holders
Veren Inc insiders hold 0.75% of total outstanding shares, with institutional holders owning 46.51% of the shares at 46.86% float percentage. In total, 46.51% institutions holds shares in the company, led by FRANKLIN RESOURCES INC. As of 2024-06-30, the company held over 26.27 million shares (or 4.2457% of shares), all amounting to roughly $207.17 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 24.08 million shares, or about 3.8926% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $189.53 million.
We also have Franklin Value Investors Trust-FRANKLIN SMALL CAP VALUE FUND and DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl SMALL CAP VALUE PORT. as the top two Mutual Funds with the largest holdings of the Veren Inc (VRN) shares. Going by data provided on Jan 31, 2025 , Franklin Value Investors Trust-FRANKLIN SMALL CAP VALUE FUND holds roughly 14.34 shares. This is just over 2.34% of the total shares, with a market valuation of $85.25 million. Data from the same date shows that the other fund manager holds a little less at 9.26, or 1.51% of the shares, all valued at about 55.02 million.
