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Granite Ridge Resources (GRNT)
NYSE:GRNT
RESEARCH TOOLSreports
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GRNT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.29 - $7.10
Previous CloseN/A
Volume66.87K
Average Volume (3M)694.97K
Market Cap
$826.30M
Enterprise Value$917.88M
Total Cash (Recent Filing)$888.10K
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)17.3
Beta0.66
Next Earnings
Apr 01, 2025EPS Estimate
0.14Last Dividend Ex-Date
Nov 29, 2024Dividend Yield6.96%
Share Statistics
EPS (TTM)0.36
Shares Outstanding130,743,960
10 Day Avg. Volume512,677
30 Day Avg. Volume694,969
Standard Deviation0.10
R-Squared0.10
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.30
Price to Cash Flow (P/CF)2.80
P/FCF Ratio0.00
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue2.41
Enterprise Value/Gross Profit3.00
Enterprise Value/Ebitda3.64
Forecast
1Y Price Target
$8.80Price Target Upside41.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Granite Ridge Resources News
PremiumCompany Announcements
Granite Ridge Resources Updates Investors on Strategy
PremiumCompany Announcements
Granite Ridge Resources Reports Strong Q3 ResultsPremiumCompany Announcements
Granite Ridge Resources Reports Strong Q3 2024 PerformanceOwnership Overview
3.13% Insiders
4.57% Mutual Funds
5.80% Other Institutional Investors
78.83% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GRNT FAQ
What was Granite Ridge Resources’s price range in the past 12 months?
Granite Ridge Resources lowest stock price was $5.29 and its highest was $7.10 in the past 12 months.
What is Granite Ridge Resources’s market cap?
Granite Ridge Resources’s market cap is $826.30M.
When is Granite Ridge Resources’s upcoming earnings report date?
Granite Ridge Resources’s upcoming earnings report date is Apr 01, 2025 which is in 61 days.
How were Granite Ridge Resources’s earnings last quarter?
Granite Ridge Resources released its earnings results on Nov 07, 2024. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.136 by $0.004.
Is Granite Ridge Resources overvalued?
According to Wall Street analysts Granite Ridge Resources’s price is currently Undervalued.
Does Granite Ridge Resources pay dividends?
Granite Ridge Resources pays a Quarterly dividend of $0.436 which represents an annual dividend yield of 6.96%. See more information on Granite Ridge Resources dividends here
What is Granite Ridge Resources’s EPS estimate?
Granite Ridge Resources’s EPS estimate is 0.14.
How many shares outstanding does Granite Ridge Resources have?
Granite Ridge Resources has 130,743,960 shares outstanding.
What happened to Granite Ridge Resources’s price movement after its last earnings report?
Granite Ridge Resources reported an EPS of $0.14 in its last earnings report, beating expectations of $0.136. Following the earnings report the stock price went up 2.729%.
Which hedge fund is a major shareholder of Granite Ridge Resources?
Among the largest hedge funds holding Granite Ridge Resources’s share is Saba Capital Management. It holds Granite Ridge Resources’s shares valued at 688K.
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Granite Ridge Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.80 (41.25% Upside)
$8.80 (41.25% Upside)
Blogger Sentiment
Bullish
GRNT Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 39.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $741.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.1%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.50%
12-Months-Change
Fundamentals
Return on Equity
7.30%
Trailing 12-Months
Asset Growth
12.52%
Trailing 12-Months
Company Description
Granite Ridge Resources
Executive Network Partnering Corp is a blank check company.
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GRNT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call revealed strong performance exceeding expectations, significant cost improvements, and strategic growth plans, particularly in the Controlled Capital program. However, there were concerns about declining realized pricing and potential gas production decline.Read More>---
GRNT Stock 12 Month Forecast
Average Price Target
$8.80
▲(41.25% Upside)
Technical Analysis
Best Analysts Covering GRNT
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
+0.48%
reiterated a buy rating 2 months ago
Copying John M. White's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +0.48% per trade.
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