15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Northern Oil & Gas Inc, 3 rate it Buy or better, 4 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets span $25.00 to $36.00, a moderate spread. The average target of $30.25 sits 18% above the current $25.71. The rating mix has stayed broadly stable, with Buy-side ratings easing from 4 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.04 next quarter toward $4.38 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy338%
Hold450%
Sell113%
Strong Sell00%
Based on 8 analysts giving stock ratings to Northern Oil & Gas Inc.
As of Sep, 3 of 8 firms rate NOG a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
NOG EPS & revenue forecast
EPS · NEXT QUARTER
$1.04
Range $0.67 – $1.68 · 7 analysts · +25% YoY
Next period, 7 analysts expect Northern Oil & Gas Inc to earn $1.04 a share (range $0.67 – $1.68), versus $0.83 a year earlier. Full-year consensus is $4.05, growing to $4.38 the year after.
REVENUE · NEXT QUARTER
$594.8M
Range $538.9M – $672.0M · 7 analysts · -3% YoY
Revenue is expected to reach $594.8M (range $538.9M – $672.0M), -2.5% year-over-year. Full-year consensus is $2.0B, rising to $2.3B next year.
Top analysts covering Northern Oil & Gas Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NOG.
#1
Devin McDermott
Morgan Stanley · Rank #52
Sell
$25.00-2.8% to target
Overall win rate
51%
+ Follow
#2
Mark Lear
Piper Sandler · Rank #161
Hold
$32.00+24.5% to target
Overall win rate
47%
+ Follow
#3
Neal Dingmann
Truist Securities · Rank #167
Buy
$44.00+71.1% to target
Overall win rate
43%
+ Follow
#4
John Freeman
Raymond James · Rank #189
Buy
$28.00+8.9% to target
Overall win rate
39%
+ Follow
#5
JM
John M. White
Roth MKM · Rank #392
Buy
$47.50+84.8% to target
Overall win rate
31%
+ Follow
NOG stock forecast FAQ
What is NOG's average 12-month price target?+
The 8 analysts with a live target average $30.25 for Northern Oil & Gas Inc over the next 12 months, ranging from a $36.00 high to a $25.00 low.
Is NOG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 3 are Buy or Strong Buy, 4 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for NOG?+
The Street-high target is $36.00 (Johnson Rice), and the Street-low is $25.00 (Morgan Stanley). The average of all 8 active targets is $30.25.
How many Wall Street analysts cover NOG?+
8 analysts have an active rating on Northern Oil & Gas Inc, and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering NOG?+
Among analysts who currently cover NOG, Devin McDermott of Morgan Stanley has the strongest overall Quantellect track record (Rank #52). Their current call is Sell with a $25.00 target.
What is Northern Oil & Gas Inc's projected EPS for next quarter?+
The consensus estimate is $1.04 per share (range $0.67 – $1.68) across 7 analysts. Full-year EPS is projected at $4.05, rising to $4.38 the following year.
How much revenue is Northern Oil & Gas Inc expected to report next quarter?+
Consensus revenue is $594.8M (range $538.9M – $672.0M). Full-year revenue is projected at $2.0B, growing to $2.3B next year.
Have analysts been upgrading or downgrading NOG lately?+
As of Sep, 3 of 8 firms rate NOG a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NOG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
