What is William Blair’s Estimate for NOG FY2025 Earnings?

Northern Oil and Gas, Inc. (NYSE:NOG) – Investment analysts at William Blair increased their FY2025 EPS estimates for shares of Northern Oil and Gas in a research report issued to clients and investors on Monday, November 10th. William Blair analyst N. Dingmann now anticipates that the company will post earnings per share of $4.75 for the year, up from their previous estimate of $4.26. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. William Blair also issued estimates for Northern Oil and Gas’ Q4 2025 earnings at $1.02 EPS, FY2026 earnings at $3.41 EPS, FY2027 earnings at $4.74 EPS, FY2028 earnings at $5.37 EPS and FY2029 earnings at $5.46 EPS.

Several other equities research analysts have also recently commented on NOG. Mizuho dropped their target price on shares of Northern Oil and Gas from $32.00 to $28.00 and set a “neutral” rating for the company in a research report on Monday, September 15th. Citigroup lowered their price objective on Northern Oil and Gas from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Monday, October 20th. Piper Sandler reaffirmed a “neutral” rating and issued a $25.00 target price (down from $31.00) on shares of Northern Oil and Gas in a research report on Monday, August 4th. Morgan Stanley reissued an “underweight” rating and set a $26.00 price target (down from $27.00) on shares of Northern Oil and Gas in a research report on Tuesday, October 14th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Northern Oil and Gas in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $33.00.

Northern Oil and Gas Price Performance

NOG opened at $22.67 on Wednesday. The stock’s 50 day moving average price is $23.75 and its 200-day moving average price is $26.20. Northern Oil and Gas has a 52-week low of $19.88 and a 52-week high of $44.31. The stock has a market capitalization of $2.21 billion, a PE ratio of 3.74 and a beta of 1.48. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.21 and a current ratio of 1.21.

Northern Oil and Gas (NYSE:NOG) last announced its quarterly earnings results on Monday, March 6th. The company reported $1.06 earnings per share (EPS) for the quarter. The business had revenue of $319.19 million for the quarter. Northern Oil and Gas had a net margin of 23.62% and a return on equity of 22.12%.

Northern Oil and Gas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, December 30th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a $1.80 annualized dividend and a dividend yield of 7.9%. Northern Oil and Gas’s dividend payout ratio (DPR) is 101.69%.

Institutional Trading of Northern Oil and Gas

Institutional investors have recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Northern Oil and Gas by 133.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 954 shares of the company’s stock worth $27,000 after purchasing an additional 545 shares in the last quarter. UMB Bank n.a. raised its position in Northern Oil and Gas by 200.3% in the 2nd quarter. UMB Bank n.a. now owns 955 shares of the company’s stock worth $27,000 after buying an additional 637 shares during the last quarter. First Horizon Corp purchased a new position in shares of Northern Oil and Gas during the third quarter valued at approximately $27,000. Pinnacle Holdings LLC purchased a new stake in Northern Oil and Gas during the first quarter valued at approximately $28,000. Finally, Laurel Wealth Advisors LLC increased its holdings in Northern Oil and Gas by 2,736.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,021 shares of the company’s stock worth $29,000 after acquiring an additional 985 shares in the last quarter. 98.80% of the stock is currently owned by hedge funds and other institutional investors.

About Northern Oil and Gas

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States.