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Ring Energy (REI)
NYSE MKT:REI

Ring Energy (REI) Stock Forecast & Price Target

512 Followers
See the Price Targets and Ratings of:

REI Analyst Ratings

Moderate Buy
3Ratings
1 Buy
2 Hold
0 Sell
Based on 3 analysts giving stock ratings to
Ring
Energy
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

REI Stock 12 Month Forecast

Average Price Target

$3.00
▲(52.28% Upside)
Based on 3 Wall Street analysts offering 12 month price targets for Ring Energy in the last 3 months. The average price target is $3.00 with a high forecast of $3.00 and a low forecast of $3.00. The average price target represents a 52.28% change from the last price of $1.97.
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Highest Price Target$3.00Average Price Target$3.00Lowest Price Target$3.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article

REI Analyst Recommendation Trends

Rating
Apr 23
Oct 23
Jan 24
Feb 24
Mar 24
Strong Buy
1
1
2
1
1
Buy
0
0
0
0
0
Hold
2
3
2
3
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
4
4
4
3
In the current month, REI has received 1 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. REI average Analyst price target in the past 3 months is $3.00.
Each month's total comprises the sum of three months' worth of ratings.
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REI Financial Forecast

REI Earnings Forecast

Next quarter’s earnings estimate for REI is $0.10 with a range of $0.06 to $0.14. The previous quarter’s EPS was $0.11. REI beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 52.20% of the time in the same period. In the last calendar year REI has Outperformed its overall industry.
Next quarter’s earnings estimate for REI is $0.10 with a range of $0.06 to $0.14. The previous quarter’s EPS was $0.11. REI beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 52.20% of the time in the same period. In the last calendar year REI has Outperformed its overall industry.

REI Sales Forecast

Next quarter’s sales forecast for REI is $90.32M with a range of $83.24M to $94.00M. The previous quarter’s sales results were $99.94M. REI beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 49.80% of the time in the same period. In the last calendar year REI has Outperformed its overall industry.
Next quarter’s sales forecast for REI is $90.32M with a range of $83.24M to $94.00M. The previous quarter’s sales results were $99.94M. REI beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 49.80% of the time in the same period. In the last calendar year REI has Outperformed its overall industry.

REI Stock Forecast FAQ

What is REI’s average 12-month price target, according to analysts?
Based on analyst ratings, Ring Energy’s 12-month average price target is $3.00.
    What is REI’s upside potential, based on the analysts’ average price target?
    Ring Energy has 52.28% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is REI a Buy, Sell or Hold?
          Ring Energy has a conensus rating of Moderate Buy which is based on 1 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Ring Energy’s price target?
            The average price target for Ring Energy is $3.00. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $3.00 ,the lowest forecast is $3.00. The average price target represents 52.28% Increase from the current price of $1.97.
              What do analysts say about Ring Energy?
              Ring Energy’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.
                How can I buy shares of REI?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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