Vanguard Natural Resources (VNR) Set to Announce Quarterly Earnings on Thursday
Vanguard Natural Resources (NYSE:VNR) is scheduled to be announcing its Q313 earnings results on Thursday, October 31st. Analysts expect the company to announce earnings of $0.32 per share and revenue of $127.92 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Vanguard Natural Resources (NYSE:VNR) opened at 28.49 on Wednesday. Vanguard Natural Resources has a 1-year low of $24.23 and a 1-year high of $30.22. The stock has a 50-day moving average of $27.37 and a 200-day moving average of $27.95. The company’s market cap is $2.208 billion.
The company also recently declared a monthly dividend, which is scheduled for Thursday, November 14th. Investors of record on Friday, November 1st will be given a dividend of $0.21 per share. This represents a $2.49 dividend on an annualized basis and a yield of 8.74%. The ex-dividend date of this dividend is Wednesday, October 30th.
A number of research firms have recently commented on VNR. Analysts at Wunderlich initiated coverage on shares of Vanguard Natural Resources in a research note to investors on Wednesday, October 23rd. They set a “buy” rating and a $31.00 price target on the stock. On a related note, analysts at UBS AG initiated coverage on shares of Vanguard Natural Resources in a research note to investors on Tuesday, October 15th. They set a “neutral” rating on the stock. Finally, analysts at Zacks upgraded shares of Vanguard Natural Resources from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, September 2nd. They now have a $28.10 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $29.18.
Vanguard Natural Resources, LLC (NYSE:VNR) is focused on the acquisition and development of natural gas and oil properties in the United States.
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