Mizuho Begins Coverage on Ring Energy (NYSEAMERICAN:REI)

Posted by Brian Himes on Sep 2nd, 2026

Investment analysts at Mizuho started coverage on shares of Ring Energy (NYSEAMERICAN:REI – Get Free Report) in a research note issued on Wednesday, MarketBeat.com reports. The firm set a “neutral” rating and a $2.00 price target on the stock. Mizuho’s target price suggests a potential upside of 33.33% from the stock’s current price.

A number of other brokerages also recently weighed in on REI. Bank of America assumed coverage on shares of Ring Energy in a research report on Wednesday, July 15th. They issued a “buy” rating and a $2.00 price objective for the company. Zacks Research lowered Ring Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ring Energy currently has an average rating of “Hold” and a consensus target price of $2.00.

Get Our Latest Research Report on REI

Ring Energy Stock Performance

REI opened at $1.50 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.54 and a quick ratio of 0.49. The firm has a fifty day moving average price of $1.26 and a 200 day moving average price of $1.36. Ring Energy has a 1 year low of $0.83 and a 1 year high of $2.00. The stock has a market cap of $390.78 million, a P/E ratio of -1.36, a P/E/G ratio of 0.32 and a beta of 0.83.

Ring Energy (NYSEAMERICAN:REI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $104.68 million for the quarter, compared to the consensus estimate of $93.29 million. Ring Energy had a negative net margin of 68.02% and a positive return on equity of 5.55%. Equities research analysts anticipate that Ring Energy will post 0.11 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Paul D. Mckinney acquired 50,000 shares of Ring Energy stock in a transaction on Monday, June 15th. The stock was bought at an average cost of $1.19 per share, for a total transaction of $59,500.00. Following the completion of the transaction, the chief executive officer owned 4,158,463 shares of the company’s stock, valued at approximately $4,948,570.97. The trade was a 1.22% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Sundip Singh Johl acquired 231,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $1.21 per share, for a total transaction of $279,510.00. Following the completion of the acquisition, the executive vice president owned 548,460 shares of the company’s stock, valued at approximately $663,636.60. This represents a 72.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.50% of the stock is currently owned by company insiders.

Institutional Trading of Ring Energy

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Amundi purchased a new position in Ring Energy in the 2nd quarter valued at about $67,000. Two Sigma Securities LLC boosted its holdings in Ring Energy by 93.2% in the 2nd quarter. Two Sigma Securities LLC now owns 90,792 shares of the company’s stock worth $98,000 after buying an additional 43,787 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in Ring Energy during the 2nd quarter worth approximately $772,000. Van Den Berg Management I Inc. increased its stake in Ring Energy by 21.1% during the 2nd quarter. Van Den Berg Management I Inc. now owns 64,391 shares of the company’s stock worth $70,000 after buying an additional 11,200 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Ring Energy during the second quarter valued at approximately $1,357,000. Hedge funds and other institutional investors own 77.14% of the company’s stock.

About Ring Energy

(Get Free Report)

Ring Energy, Inc is an independent oil and natural gas exploration and production company focused on the development, acquisition and operation of upstream assets in the United States. Headquartered in Odessa, Texas, the company concentrates its activities on onshore hydrocarbon plays, where it seeks to optimize production through technical innovation, cost management and disciplined capital allocation. Ring Energy trades on the NYSE American under the ticker symbol REI.

The company’s core operations are centered in the Permian Basin, one of North America’s most prolific oil-producing regions.