FY2027 EPS Estimates for Vitesse Energy Reduced by Analyst

Vitesse Energy, Inc. (NYSE:VTS) – Analysts at Northland Securities decreased their FY2027 earnings estimates for Vitesse Energy in a research note issued on Thursday, July 23rd. Northland Securities analyst J. Grampp now anticipates that the company will post earnings per share of $0.12 for the year, down from their prior forecast of $0.14. Northland Securities has a “Outperform” rating and a $18.50 price objective on the stock. The consensus estimate for Vitesse Energy’s current full-year earnings is ($0.83) per share.

VTS has been the topic of several other reports. Zacks Research lowered shares of Vitesse Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Weiss Ratings cut shares of Vitesse Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $19.25.

Vitesse Energy Trading Down 1.0%

Shares of NYSE:VTS opened at $15.77 on Friday. Vitesse Energy has a 52-week low of $15.01 and a 52-week high of $27.15. The company has a market capitalization of $657.81 million, a P/E ratio of -31.54 and a beta of 0.57. The company has a 50-day simple moving average of $16.57 and a 200 day simple moving average of $18.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.56 and a current ratio of 0.56.

Hedge Funds Weigh In On Vitesse Energy

Several large investors have recently bought and sold shares of VTS. Oppenheimer & Co. Inc. grew its stake in shares of Vitesse Energy by 2.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 20,776 shares of the company’s stock worth $400,000 after purchasing an additional 530 shares during the last quarter. Ausdal Financial Partners Inc. lifted its stake in shares of Vitesse Energy by 5.4% in the fourth quarter. Ausdal Financial Partners Inc. now owns 13,364 shares of the company’s stock worth $257,000 after acquiring an additional 690 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Vitesse Energy by 2.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 29,911 shares of the company’s stock valued at $576,000 after acquiring an additional 756 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Vitesse Energy by 3.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,957 shares of the company’s stock valued at $404,000 after purchasing an additional 786 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Vitesse Energy by 5.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,158 shares of the company’s stock valued at $357,000 after purchasing an additional 861 shares during the period. 51.63% of the stock is currently owned by institutional investors.

Insider Activity

In other Vitesse Energy news, Director Joseph S. Steinberg acquired 59,118 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was acquired at an average cost of $17.00 per share, for a total transaction of $1,005,006.00. Following the transaction, the director directly owned 60,552 shares in the company, valued at $1,029,384. This represents a 4,122.59% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 13.94% of the company’s stock.

Vitesse Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.4375 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.75 annualized dividend and a dividend yield of 11.1%. Vitesse Energy’s dividend payout ratio (DPR) is presently -350.00%.

Vitesse Energy Company Profile

Vitesse Energy (NYSE: VTS) is an independent exploration and production company primarily focused on onshore oil and gas assets in the United States. Headquartered in Calgary, Alberta, the company identifies, acquires and develops low-decline, shallow to intermediate depth vertical wells, targeting predictable production profiles and stable cash flows. Vitesse leverages a lean operational model to optimize well performance and reduce unit operating costs across its asset base.

The company’s core operations are concentrated in the Arkoma Basin of eastern Oklahoma and the Ark-La-Tex region, where it holds acreage positions in multiple formations.