Ring Energy, Inc. (REI)

Ring Energy Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Ring Energy.

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for Ring Energy.

Recommendation Trends

Rating	Mar '22	Apr '22	May '22	Jun '22	Jul '22	Aug '22
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John White Roth Capital	Roth Capital	Strong Buy → Hold Downgrades $7.5	Strong Buy → Hold	Downgrades	$7.5	+468.18%	Aug 1, 2022
John White Roth Capital	Roth Capital	Hold → Strong Buy Upgrades $4.75	Hold → Strong Buy	Upgrades	$4.75	+259.85%	Oct 14, 2021
Neal Dingmann SunTrust Robinson Humphrey	SunTrust Robinson Humphrey	Strong Buy → Hold Downgrades $5 → $1	Strong Buy → Hold	Downgrades	$5 → $1	-24.24%	Mar 9, 2020
Jason Wangler Imperial Capital	Imperial Capital	Buy Initiates $18	Buy	Initiates	$18	+1,263.64%	Aug 15, 2017
Jason Wangler Imperial Capital	Imperial Capital	Buy Initiates $14	Buy	Initiates	$14	+922.73%	Sep 27, 2016

More Analyst Ratings

Financial Forecast

Revenue This Year

372.55M

Increased by 8.64%

from 342.92M

Revenue Next Year

367.81M

Decreased by -1.27%

from 372.55M

EPS This Year

0.37

Decreased by -32.20%

from 0.54

EPS Next Year

0.39

Increased by 5.24%

from 0.37

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	186.57M	107.80M	187.18M	330.12M	342.92M	372.55M	367.81M	447.43M
Revenue Growth	63.04%	-42.22%	73.64%	76.36%	3.88%	8.64%	-1.27%	21.65%
EPS	0.44	-3.48	0.03	0.98	0.54	0.37	0.39	0.67
EPS Growth	193.33%	-	-	3,166.78%	-44.90%	-32.20%	5.24%	72.74%
Forward PE	-	-	-	-	-	3.61	3.43	1.98
No. Analysts	-	-	-	-	-	5	5	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	390.6M	415.8M	465.2M
Avg	372.6M	367.8M	447.4M
Low	359.4M	340.6M	434.1M

Revenue Growth

Revenue Growth	2024	2025	2026
High	13.9%	11.6%	26.5%
Avg	8.6%	-1.3%	21.6%
Low	4.8%	-8.6%	18.0%

EPS Forecast

EPS	2024	2025	2026
High	0.38	0.51	0.69
Avg	0.37	0.39	0.67
Low	0.35	0.27	0.65

EPS Growth

EPS Growth	2024	2025	2026
High	-29.0%	38.5%	79.6%
Avg	-32.2%	5.2%	72.7%
Low	-34.7%	-25.1%	67.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.