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NYSEMKT: REI
Ring Energy Inc Stock Forecast, Predictions & Price Target

Buy REI

Analyst price target for REI

Based on 1 analyst offering 12 month price targets for Ring Energy Inc.
Min Forecast
$7.50+166.9%
Avg Forecast
$7.50+166.9%
Max Forecast
$7.50+166.9%

Should I buy or sell REI stock?

Based on 1 analyst offering ratings for Ring Energy Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

REI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Roth Capital
Top 4%
97
HoldDowngrades$7.50+166.90%2022-08-01

1 of 1

Forecast return on equity

Is REI forecast to generate an efficient return?
Company
N/A
Industry
280.14%
Market
49.8%

Forecast return on assets

Is REI forecast to generate an efficient return on assets?
Company
N/A
Industry
36.66%

REI earnings per share forecast

What is REI's earnings per share in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$0.47-44.05%

REI revenue forecast

What is REI's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$179.0M-31.73%
Avg 2 year Forecast
$184.0M-29.82%
REI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

REI revenue growth forecast

How is REI forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
-31.73%
Industry
12.68%
Market
7.49%
REI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
REI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

REI vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
REI$2.81$7.50+166.90%Hold
EGY$4.97$10.00+101.21%Strong Buy
EP$15.00N/AN/A
AMPY$7.03N/AN/AHold
TGA$3.25N/AN/A

Ring Energy Stock Forecast FAQ

Is Ring Energy Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSEMKT: REI) stock is to Hold REI stock.

Out of 1 analyst, 0 (0%) are recommending REI as a Strong Buy, 0 (0%) are recommending REI as a Buy, 1 (100%) are recommending REI as a Hold, 0 (0%) are recommending REI as a Sell, and 0 (0%) are recommending REI as a Strong Sell.

If you're new to stock investing, here's how to buy Ring Energy stock.

What is REI's earnings growth forecast for 2022-2022?

(NYSEMKT: REI) Ring Energy's forecast annual earnings growth rate of N/A is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 34%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 42.6%.

Ring Energy's earnings in 2022 is $87,332,609.

In 2022, REI is forecast to generate $50,403,452 in earnings, with the lowest earnings forecast at $50,403,452 and the highest earnings forecast at $50,403,452.

What is REI's revenue growth forecast for 2022-2023?

(NYSEMKT: REI) Ring Energy's forecast annual revenue growth rate of -31.73% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 12.68%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.49%.

Ring Energy's revenue in 2022 is $262,186,239.On average, 1 Wall Street analysts forecast REI's revenue for 2022 to be $19,196,208,452, with the lowest REI revenue forecast at $19,196,208,452, and the highest REI revenue forecast at $19,196,208,452.

In 2023, REI is forecast to generate $19,732,415,392 in revenue, with the lowest revenue forecast at $19,732,415,392 and the highest revenue forecast at $19,732,415,392.

What is REI's forecast return on assets (ROA) for 2022-2023?

(NYSEMKT: REI) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of 36.66%.

What is REI's Price Target?

According to 1 Wall Street analyst that have issued a 1 year REI price target, the average REI price target is $7.50, with the highest REI stock price forecast at $7.50 and the lowest REI stock price forecast at $7.50.

The Wall Street analyst predicted that Ring Energy's share price could reach $7.50 by Aug 1, 2023. The average Ring Energy stock price prediction forecasts a potential upside of 166.9% from the current REI share price of $2.81.

What is REI's Earnings Per Share (EPS) forecast for 2022-2022?

(NYSEMKT: REI) Ring Energy's current Earnings Per Share (EPS) is $0.84. In 2022, REI's EPS is forecast to hit $0.47 (min: $0.47, max: $0.47).

What is REI's forecast return on equity (ROE) for 2022-2023?

(NYSEMKT: REI) forecast ROE is N/A, which is considered weak.
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