After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
GRNT belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. The current market capitalization of Granite Ridge Resources Inc is $802.77M. A total of 0.55 million shares were traded on the day, compared to an average of 459.04K shares.
In the most recent transaction, Brandenberg Luke C bought 8,495 shares of GRNT for 6.10 per share on Dec 11 ’24. After the transaction, the President and CEO now owns 109,128 company shares. In a previous transaction on Dec 12 ’24, Brandenberg Luke C bought 1,505 shares at 6.07 per share. GRNT shares that President and CEO owns now total 110,633.
Among the insiders who bought shares, Darden Thaddeus acquired of 9,440 shares on Dec 06 ’24 at a per-share price of $6.13. This resulted in the Director holding 230,596 shares of GRNT after the transaction. In another insider transaction, Miller Matthew Reade bought 41,000 shares at $6.10 per share on Dec 06 ’24. Company shares held by the Director now total 772,491.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Granite Ridge Resources Inc pays an annual dividend of $0.44, resulting in a dividend yield of 7.17%, and it has a price to earnings (P/E) ratio of 16.81. GRNT’s most recent ex-dividend date was 6.8% when it declared a $0.11 quarterly dividend that was paid in cash on 11/29/2024. Previously, the company paid the dividend on 8/30/2024 with an ex-dividend date of 7.3%. The GRNT stock dividend was $0.11 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GRNT has a high of $7.10 and a low of $5.20.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GRNT’s latest balance sheet shows that the firm has $11.85M in Cash & Short Term Investments as of fiscal 2021. There were $51.10M in debt and $67.60M in liabilities at the time. Its Book Value Per Share was $5.05, while its Total Shareholder’s Equity was $474.93M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GRNT is Buy with a score of 4.20.
