SilverBow Resources Inc. (NYSE:SBOW) is set to issue its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of $0.94 per share for the quarter.

SilverBow Resources Inc. (NYSE:SBOW) traded up 0.022% during midday trading on Monday, reaching $22.335. 1,166 shares of the company were exchanged. The firm’s 50-day moving average price is $23.04 and its 200 day moving average price is $24.90. SilverBow Resources Inc. has a 52-week low of $19.89 and a 52-week high of $35.70. The stock has a market capitalization of $257.43 million and a price-to-earnings ratio of 0.553.

SBOW has been the topic of a number of research reports. Seaport Global Securities initiated coverage on SilverBow Resources in a report on Tuesday, August 1st. They issued a “neutral” rating and a $25.00 price objective on the stock. BidaskClub upgraded SilverBow Resources from a “strong sell” rating to a “sell” rating in a report on Friday, September 15th. Northland Securities initiated coverage on SilverBow Resources in a report on Thursday, September 28th. They issued an “outperform” rating and a $42.00 price objective on the stock. Stephens started coverage on SilverBow Resources in a report on Friday, September 29th. They issued an “overweight” rating and a $28.00 price objective on the stock. Finally, Zacks Investment Research downgraded SilverBow Resources from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $31.67.

In related news, CEO Sean C. Woolverton purchased 1,106 shares of the stock in a transaction on Tuesday, August 15th. The shares were bought at an average price of $22.72 per share, for a total transaction of $25,128.32. Following the completion of the acquisition, the chief executive officer now directly owns 63,804 shares in the company, valued at approximately $1,449,626.88. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sean C. Woolverton purchased 1,119 shares of the stock in a transaction on Monday, October 16th. The shares were bought at an average price of $22.86 per share, for a total transaction of $25,580.34. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 4,775 shares of company stock worth $110,406.

Institutional investors and hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company bought a new stake in shares of SilverBow Resources in the second quarter valued at approximately $157,000. California State Teachers Retirement System bought a new stake in shares of SilverBow Resources in the second quarter valued at approximately $337,000. Finally, State Street Corp bought a new stake in shares of SilverBow Resources in the second quarter valued at approximately $1,834,000. 31.01% of the stock is owned by institutional investors.

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SilverBow Resources Company Profile

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