EagleRock Land, LLC (NYSE:EROK) Stock Has Average Target Price of $27.67

Shares of EagleRock Land, LLC (NYSE:EROK) have received an average rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $27.67.

Several brokerages have weighed in on EROK. JPMorgan Chase & Co. lowered their price objective on EagleRock Land from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. Weiss Ratings upgraded shares of EagleRock Land from a “sell (e-)” rating to a “sell (e)” rating in a report on Tuesday. The Goldman Sachs Group lifted their target price on shares of EagleRock Land from $24.00 to $28.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Barclays lifted their target price on shares of EagleRock Land from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Finally, Piper Sandler lowered their price target on shares of EagleRock Land from $33.00 to $31.00 and set an “overweight” rating for the company in a report on Monday, October 19th.

Key Stories Impacting EagleRock Land

Here are the key news stories impacting EagleRock Land this week:

• Positive Sentiment: EagleRock raised its 2026 normalized adjusted EBITDA outlook to $133 million–$137 million. Double Eagle V also dedicated 35,000 acres to the company, adding potential development activity. EagleRock raises 2026 outlook and discusses Double Eagle V dedication
• Positive Sentiment: The company announced two Midland Basin acquisitions totaling $15.4 million, expanding its footprint. EagleRock Announces Third Quarter 2026 Results
• Positive Sentiment: Despite missing estimates, EagleRock generated $34.0 million in adjusted EBITDA and $31.8 million in free cash flow, with a 93% free-cash-flow conversion rate. EagleRock Announces Third Quarter 2026 Results
• Negative Sentiment: Third-quarter EPS of $0.08 missed the $0.11 consensus estimate, while revenue of $43.3 million was below the roughly $44 million estimate. The earnings shortfall may weigh on sentiment and partly offset the raised outlook. EagleRock Q3 revenue compared with estimates

EagleRock Land Price Performance

Shares of EROK stock opened at $19.19 on Thursday. The stock has a market cap of $2.52 billion and a PE ratio of 20.41. EagleRock Land has a 1-year low of $16.99 and a 1-year high of $27.42. The firm’s 50-day moving average is $21.94.

EagleRock Land (NYSE:EROK) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). The company had revenue of $43.35 million during the quarter. Research analysts anticipate that EagleRock Land will post 1.57 EPS for the current fiscal year.

Institutional Investors Weigh In On EagleRock Land

A number of large investors have recently added to or reduced their stakes in EROK. Schwartz Investment Counsel Inc. increased its position in shares of EagleRock Land by 18.8% in the third quarter. Schwartz Investment Counsel Inc. now owns 579,996 shares of the company’s stock valued at $12,064,000 after acquiring an additional 91,881 shares during the period. Islay Capital Management LLC raised its stake in shares of EagleRock Land by 62.7% during the third quarter. Islay Capital Management LLC now owns 12,200 shares of the company’s stock valued at $254,000 after acquiring an additional 4,700 shares during the last quarter. Squarepoint Ops LLC bought a new position in shares of EagleRock Land during the second quarter valued at about $324,000. Citadel Advisors LLC purchased a new stake in shares of EagleRock Land during the second quarter worth about $11,675,000. Finally, HighTower Advisors LLC purchased a new stake in shares of EagleRock Land during the second quarter worth about $956,000.

About EagleRock Land

EagleRock Land, LLC is a land management royalty company which controls surface acreage in the core of the Permian Basin providing access to land, resources and infrastructure for critical industries. EagleRock Land, LLC is based in HOUSTON.