FY2025 Earnings Estimate for Veren Issued By Atb Cap Markets

Veren Inc. (TSE:VRNFree Report) – Investment analysts at Atb Cap Markets lowered their FY2025 earnings per share (EPS) estimates for shares of Veren in a research report issued to clients and investors on Wednesday, January 22nd. Atb Cap Markets analyst A. Arif now anticipates 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.

Several other brokerages have also commented on VRN. ATB Capital decreased their target price on Veren from C$11.50 to C$11.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Raymond James decreased their target price on Veren from C$13.00 to C$12.00 and set a “strong-buy” rating for the company in a research report on Friday, November 1st. Royal Bank of Canada decreased their target price on Veren from C$12.00 to C$10.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. National Bankshares decreased their target price on Veren from C$13.50 to C$13.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Finally, Canaccord Genuity Group decreased their target price on 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 stock presently has a consensus rating of “Buy” and an average target price of C$11.83.

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Veren Stock Down 1.8 %

Shares of TSE VRN opened at C$7.58 on Friday. Veren has a fifty-two week low of C$6.34 and a fifty-two week high of C$12.67. The company’s 50 day simple moving average is C$7.37.

Veren (TSE:VRNGet Free Report) last issued 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 previous year, the business posted $0.42 earnings per share.

Veren Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, January 2nd were given a dividend of $0.115 per share. The ex-dividend date was Friday, December 13th. This represents a $0.46 dividend on an annualized basis and a yield of 6.07%.

Veren Company Profile

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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.

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Earnings History and Estimates for Veren (TSE:VRN)

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