What is Atb Cap Markets’ Forecast for Veren FY2025 Earnings?

Veren Inc. (TSE:VRN) – Equities research analysts at Atb Cap Markets reduced their FY2025 earnings per share estimates for Veren in a report issued on Wednesday, January 22nd. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $1.11 for the year, down from their previous estimate of $1.23. Atb Cap Markets also issued estimates for Veren’s FY2026 earnings at $0.91 EPS and FY2027 earnings at $0.58 EPS.

Veren (TSE:VRN) last announced its quarterly earnings data on Thursday, October 31st. The company reported C$0.29 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.33 by C($0.04). During the same quarter in the prior year, the company posted $0.42 EPS.

Several other research analysts also recently commented on VRN. TD Securities reduced their price objective on Veren from C$15.00 to C$12.00 and set a “buy” rating on the stock in a report on Friday, November 1st. BMO Capital Markets decreased their price objective on Veren from C$14.00 to C$11.00 and set an “outperform” rating for the company in a report on Friday, November 1st. ATB Capital lowered their price objective on shares of Veren from C$11.50 to C$11.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Raymond James cut their target price on shares of Veren from C$13.00 to C$12.00 and set a “strong-buy” rating on the stock in a research report on Friday, November 1st. Finally, Canaccord Genuity Group lowered their price target on shares of Veren from C$15.00 to C$14.00 in a research report on Tuesday, October 22nd. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$11.83.

Veren Stock Down 1.9 %

Veren stock opened at C$7.72 on Friday. The company’s 50 day moving average is C$7.36. Veren has a fifty-two week low of C$6.34 and a fifty-two week high of C$12.67.

Veren Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, January 2nd were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date was Friday, December 13th.

Veren Company Profile

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.