Is Granite Ridge Resources, Inc a good investment? Granite Ridge Resources, Inc (GRNT) is currently trading at 4.63 USD. Market analysts have a consensus price target of 8.75 USD. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 33.39. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Granite Ridge Resources, Inc is expected to release its next earnings report on Nov. 5, 2026. The market consensus estimate for Forward EPS is 1.00.
For income investors, Granite Ridge Resources, Inc pays a dividend yield of 9.50%. With a payout ratio of -210%, the dividend appears sustainable.
Yes, it pays an annual dividend of 0.44 USD (9.50% yield).
Granite Ridge Resources, Inc is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be Nov. 5, 2026. The company currently has a trailing EPS of -0.22.
Granite Ridge Resources, Inc. operates as an energy company. It owns assets in six prolific unconventional basins across the United States. The company is based in Dallas, Texas.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.33 USD
|
| Sept. 15, 2027 (estimated) | 0.1100 |
| June 14, 2027 (estimated) | 0.1100 |
| March 15, 2027 (estimated) | 0.1100 |
| ▸2026 |
0.46 USD
|
| Dec. 15, 2026 (estimated) | 0.1306 |
| Sept. 14, 2026 | 0.1100 |
| June 12, 2026 | 0.1100 |
| March 13, 2026 | 0.1100 |
| ▸2025 |
0.44 USD
|
| Dec. 15, 2025 | 0.1100 |
| Sept. 15, 2025 | 0.1100 |
| June 13, 2025 | 0.1100 |
| March 14, 2025 | 0.1100 |
| ▸2024 |
0.44 USD
|
| Dec. 16, 2024 | 0.1100 |
| Sept. 13, 2024 | 0.1100 |
| June 14, 2024 | 0.1100 |
| March 15, 2024 | 0.1100 |
| ▸2023 |
0.44 USD
|
| Dec. 15, 2023 | 0.1100 |
| Sept. 15, 2023 | 0.1100 |
| June 15, 2023 | 0.1100 |
| March 15, 2023 | 0.1100 |
| ▸2022 |
0.08 USD
|
| Dec. 15, 2022 | 0.0800 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Granite Ridge Resources, Inc | Sep 14, 2026 | Paid | 0.11 USD |
| Granite Ridge Resources, Inc | Jun 12, 2026 | Paid | 0.11 USD |
| Granite Ridge Resources, Inc | Mar 13, 2026 | Paid | 0.11 USD |
| Granite Ridge Resources, Inc | Dec 15, 2025 | Paid | 0.11 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| March 26, 2021 | 2.499 |
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