FY2025 EPS Estimates for Permian Resources Co. Decreased by Capital One Financial (NASDAQ:PR)

Permian Resources Co. (NASDAQ:PR) – Stock analysts at Capital One Financial decreased their FY2025 earnings per share (EPS) estimates for Permian Resources in a research note issued on Tuesday, September 17th. Capital One Financial analyst P. Johnston now expects that the company will earn $1.38 per share for the year, down from their prior forecast of $1.86. The consensus estimate for Permian Resources’ current full-year earnings is $1.57 per share. Capital One Financial also issued estimates for Permian Resources’ FY2026 earnings at $1.49 EPS.

Permian Resources (NASDAQ:PR) last announced its earnings results on Tuesday, August 6th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Permian Resources had a net margin of 15.62% and a return on equity of 11.91%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the business earned $0.27 earnings per share. Permian Resources’s quarterly revenue was up 99.9% on a year-over-year basis.

A number of other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Permian Resources from $20.00 to $17.00 and set an “overweight” rating for the company in a research note on Thursday, September 12th. Mizuho reduced their price objective on shares of Permian Resources from $22.00 to $19.00 and set an “outperform” rating on the stock in a research note on Monday, September 16th. Susquehanna reduced their price target on shares of Permian Resources from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 4th. Benchmark reaffirmed a “buy” rating and set a $17.00 price objective on shares of Permian Resources in a research note on Wednesday, August 7th. Finally, Piper Sandler lowered their price target on Permian Resources from $23.00 to $21.00 and set an “overweight” rating for the company in a report on Thursday, August 15th. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $19.50.

Permian Resources Price Performance

Shares of PR stock opened at $13.90 on Friday. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.40. Permian Resources has a 12 month low of $12.34 and a 12 month high of $18.28. The firm has a market cap of $10.70 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 0.77 and a beta of 4.33. The stock has a 50-day moving average price of $14.51 and a 200 day moving average price of $15.83.

Institutional Investors Weigh In On Permian Resources

Several hedge funds and other institutional investors have recently modified their holdings of the company. DRW Securities LLC bought a new position in shares of Permian Resources during the fourth quarter valued at about $1,904,000. Franklin Resources Inc. grew its stake in Permian Resources by 74.2% in the 4th quarter. Franklin Resources Inc. now owns 351,681 shares of the company’s stock valued at $4,783,000 after buying an additional 149,851 shares in the last quarter. American International Group Inc. raised its holdings in Permian Resources by 10.4% during the 1st quarter. American International Group Inc. now owns 830,432 shares of the company’s stock valued at $14,665,000 after acquiring an additional 78,146 shares during the period. Retirement Systems of Alabama lifted its position in shares of Permian Resources by 22.4% during the first quarter. Retirement Systems of Alabama now owns 577,336 shares of the company’s stock worth $10,196,000 after acquiring an additional 105,565 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Permian Resources by 69.7% in the fourth quarter. Vanguard Group Inc. now owns 48,315,321 shares of the company’s stock worth $657,088,000 after acquiring an additional 19,847,358 shares during the period. Institutional investors own 91.84% of the company’s stock.

Insider Buying and Selling

In other Permian Resources news, EVP John Charles Bell sold 4,821 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $13.93, for a total value of $67,156.53. Following the completion of the transaction, the executive vice president now directly owns 77,237 shares in the company, valued at $1,075,911.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Permian Resources news, CAO Robert Regan Shannon sold 4,822 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $13.93, for a total transaction of $67,170.46. Following the sale, the chief accounting officer now owns 61,399 shares of the company’s stock, valued at $855,288.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John Charles Bell sold 4,821 shares of Permian Resources stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $13.93, for a total value of $67,156.53. Following the completion of the sale, the executive vice president now owns 77,237 shares of the company’s stock, valued at $1,075,911.41. The disclosure for this sale can be found here. 12.80% of the stock is owned by corporate insiders.

Permian Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 27th. Investors of record on Monday, August 19th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Monday, August 19th. Permian Resources’s dividend payout ratio (DPR) is presently 21.82%.

About Permian Resources

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico.