
Vitesse Energy, Inc. (NYSE:VTS – Free Report) – Analysts at Northland Securities dropped their FY2026 earnings per share (EPS) estimates for shares of Vitesse Energy in a research note issued to investors on Wednesday, August 5th. Northland Securities analyst J. Grampp now forecasts that the company will post earnings per share of ($1.12) for the year, down from their previous forecast of ($0.83). Northland Securities currently has a “Outperform” rating and a $18.50 price target on the stock. The consensus estimate for Vitesse Energy’s current full-year earnings is ($0.83) per share. Northland Securities also issued estimates for Vitesse Energy’s FY2027 earnings at $0.03 EPS.
Other research analysts have also recently issued reports about the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Vitesse Energy in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Vitesse Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Alliance Global Partners reissued a “buy” rating on shares of Vitesse Energy in a report on Tuesday, August 4th. Finally, Zacks Research lowered shares of Vitesse Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $19.25.
Vitesse Energy Stock Performance
Shares of NYSE:VTS opened at $16.39 on Wednesday. The business’s fifty day moving average price is $16.03 and its two-hundred day moving average price is $18.15. Vitesse Energy has a fifty-two week low of $15.00 and a fifty-two week high of $27.15. The stock has a market capitalization of $689.81 million, a price-to-earnings ratio of -49.65 and a beta of 0.58. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.06 and a quick ratio of 1.06.
Vitesse Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Tuesday, September 15th. Vitesse Energy’s dividend payout ratio is -530.30%.
Insider Activity at Vitesse Energy
In other news, Director Joseph S. Steinberg acquired 40,882 shares of Vitesse Energy stock in a transaction on Monday, June 15th. The shares were purchased at an average price of $16.16 per share, with a total value of $660,653.12. Following the acquisition, the director owned 108,500 shares in the company, valued at $1,753,360. This represents a 60.46% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 13.94% of the stock is owned by company insiders.
Institutional Trading of Vitesse Energy
A number of institutional investors have recently bought and sold shares of the business. Gabelli Funds LLC increased its holdings in Vitesse Energy by 58.6% in the first quarter. Gabelli Funds LLC now owns 274,804 shares of the company’s stock valued at $4,990,000 after purchasing an additional 101,506 shares during the last quarter. Norris Financial Group LLC bought a new position in Vitesse Energy during the first quarter worth about $1,394,000. Lee Danner & Bass Inc. boosted its holdings in Vitesse Energy by 81.7% during the fourth quarter. Lee Danner & Bass Inc. now owns 233,470 shares of the company’s stock worth $4,497,000 after buying an additional 104,990 shares during the last quarter. Kestra Private Wealth Services LLC acquired a new position in shares of Vitesse Energy during the 4th quarter worth about $869,000. Finally, North Star Investment Management Corp. grew its position in shares of Vitesse Energy by 230.9% during the 1st quarter. North Star Investment Management Corp. now owns 135,054 shares of the company’s stock worth $2,453,000 after buying an additional 94,244 shares during the period. Institutional investors and hedge funds own 51.63% of the company’s stock.
About Vitesse Energy
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.
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