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As of close of business last night, Granite Ridge Resources Inc’s stock clocked out at $5.45, up 2.25% from its previous closing price of $5.33. In other words, the price has increased by $2.25 from its previous closing price. On the day, 0.51 million shares were traded. GRNT stock price reached its highest trading level at $5.47 during the session, while it also had its lowest trading level at $5.305.
Ratios:
To gain a deeper understanding of GRNT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.43.
On May 15, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $8.80.ROTH MKM initiated its Buy rating on May 15, 2024, with a $8.80 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 18 ’25 when MCCARTNEY JOHN bought 5,000 shares for $5.25 per share. The transaction valued at 26,250 led to the insider holds 82,117 shares of the business.
MCCARTNEY JOHN bought 5,000 shares of GRNT for $26,500 on Aug 15 ’25. The Director now owns 77,117 shares after completing the transaction at $5.30 per share. On Aug 13 ’25, another insider, MCCARTNEY JOHN, who serves as the Director of the company, bought 3,000 shares for $5.41 each. As a result, the insider paid 16,230 and bolstered with 72,117 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRNT now has a Market Capitalization of 715301568 and an Enterprise Value of 975531584. As of this moment, Granite’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.22, and their Forward P/E ratio for the next fiscal year is 7.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 2.383 whereas that against EBITDA is 3.011.
Stock Price History:
The Beta on a monthly basis for GRNT is 0.30, which has changed by -0.16153848 over the last 52 weeks, in comparison to a change of 0.13054323 over the same period for the S&P500. Over the past 52 weeks, GRNT has reached a high of $7.00, while it has fallen to a 52-week low of $4.52. The 50-Day Moving Average of the stock is -3.29%, while the 200-Day Moving Average is calculated to be -6.87%.
Shares Statistics:
It appears that GRNT traded 692.00K shares on average per day over the past three months and 645830 shares per day over the past ten days. A total of 131.26M shares are outstanding, with a floating share count of 63.40M. Insiders hold about 51.70% of the company’s shares, while institutions hold 32.85% stake in the company. Shares short for GRNT as of 1753920000 were 3084189 with a Short Ratio of 4.46, compared to 1751241600 on 3017682. Therefore, it implies a Short% of Shares Outstanding of 3084189 and a Short% of Float of 5.0.
Dividends & Splits
With its trailing 12-month dividend rate of 0.44, GRNT has a forward annual dividend rate of 0.44. Against a Trailing Annual Dividend Yield of 0.0825516The current Payout Ratio is 308.99% for GRNT, which recently paid a dividend on 2025-05-30 with an ex-dividend date of 2025-08-29. Stock splits for the company last occurred on 2021-03-26 when the company split stock in a 2499:1000 ratio.
Earnings Estimates
The current rating of Granite Ridge Resources Inc (GRNT) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.17, with high estimates of $0.2 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.72 and $0.66 for the fiscal current year, implying an average EPS of $0.69. EPS for the following year is $0.64, with 4.0 analysts recommending between $0.79 and $0.34.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $127M. It ranges from a high estimate of $127M to a low estimate of $127M. As of the current estimate, Granite Ridge Resources Inc’s year-ago sales were $94.08MFor the next quarter, 1 analysts are estimating revenue of $137M. There is a high estimate of $137M for the next quarter, whereas the lowest estimate is $137M.
A total of 1 analysts have provided revenue estimates for GRNT’s current fiscal year. The highest revenue estimate was $496M, while the lowest revenue estimate was $496M, resulting in an average revenue estimate of $496M. In the same quarter a year ago, actual revenue was $380.03MBased on 2 analysts’ estimates, the company’s revenue will be $549.3M in the next fiscal year. The high estimate is $557M and the low estimate is $541.6M.
