How high will ET stock go? (2024)

How high will ET stock go?

Energy Transfer LP has 31.76% upside potential, based on the analysts' average price target. Is ET a Buy, Sell or Hold? Energy Transfer LP has a conensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.

Is ET stock a good buy right now?

Energy Transfer LP has 31.76% upside potential, based on the analysts' average price target. Is ET a Buy, Sell or Hold? Energy Transfer LP has a conensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.

Where will energy transfer stock be in 5 years?

Energy Transfer stock price stood at $14.33

According to the latest long-term forecast, Energy Transfer price will hit $15 by the end of 2024 and then $17 by the middle of 2026. Energy Transfer will rise to $20 within the year of 2027, $25 in 2029 and $30 in 2033.

How high will digital turbine stock go?

Stock Price Forecast

The 5 analysts offering 12-month price forecasts for Digital Turbine Inc have a median target of 5.00, with a high estimate of 12.00 and a low estimate of 5.00. The median estimate represents a -6.72% decrease from the last price of 5.36.

Is Energy Transfer Partners a good investment?

Energy Transfer LP - Buy

Valuation metrics show that Energy Transfer LP may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of ET, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

Is ET a good long term stock?

(NYSE: ET) Energy Transfer's forecast annual revenue growth rate of 22.45% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 9.23%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 45.42%.

Who owns the most ET stock?

Top Shareholders
Holder# of SharesType
Kelcy Warren298,799,984.00Insider
Stephen A. Schwarzman150,502,975.00Institution
Alerian69,626,634.00Institution
Aim Investment Funds (invesco Investment Funds)56,801,794.73Institution
6 more rows

Why is Energy Transfer stock so low?

The Reasons for the Stock Declines:

The COVID-19 Pandemic: Like many other companies, Energy Transfer has been impacted by the COVID-19 pandemic. The pandemic has severely impacted oil and gas demand, which has led to a significant decrease in Energy Transfer's revenue.

What is the potential price for Energy Transfer stock?

Stock Price Targets
High$23.00
Median$18.00
Low$14.00
Average$18.05
Current Price$14.30

Has Energy Transfer stock ever split?

Energy Transfer Partners stock (symbol: ET) underwent a total of 2 stock splits. The most recent stock split occured on July 27th, 2015.

Is Digital Turbine a good company?

Employees rate Digital Turbine 3.6 out of 5 stars based on 181 anonymous reviews on Glassdoor.

Is Digital Turbine a buy or sell?

Digital Turbine's analyst rating consensus is a Hold.

Why is Digital Turbine falling?

Bank of America analysts laid into Digital Turbine, noting that there were no visible catalysts lined up to help drive future growth as 2024 approaches. That lack of catalyst was enough for Bank of America to cut its outlook from Buy to “neutral” and also cut its price target from $12 per share to just $8.

Is ET stock safe?

These energy sector master limited partnerships are safe options for those seeking investments that offer robust income streams.

How safe is Energy Transfer stock?

Energy Transfer LP currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy.

Is ET a good dividend stock?

Notable Dividend: ET's dividend (8.74%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

What do analysts say about ET stock?

Energy Transfer LP (NYSE:ET)

The 17 analysts offering 12-month price forecasts for Energy Transfer LP have a median target of 18.00, with a high estimate of 23.00 and a low estimate of 14.00. The median estimate represents a +23.92% increase from the last price of 14.53.

What is the price target for $ET?

Stock Price Target ET
High$23.00
Median$18.00
Low$14.00
Average$18.05
Current Price$14.33

Is ET a monthly dividend?

Regular payouts for ET are paid quarterly.

Why invest in ET money?

Simplified data for amplified returns

You win at investing when you make sense of complex data. ET Money presents you all the useful data in the most simplified manner that helps you separate the investing signals from the noise.

What is ET stock dividend growth rate?

ET Dividend Growth Grade
TypeGrade% Diff. to Sector
1 Year Dividend Growth Rate (TTM)B132.03%
Dividend Per Share Growth (FWD)view ratings70.89%
Dividend Per Share Growth FY1 - FY3 (CAGR)view ratings3.59%
Dividend Growth Rate 3Y (CAGR)view ratings-77.85%
11 more rows

Why is ET stock risky?

Since the actual investment returns on holding a position in energy stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Energy Transfer.

Is energy transfers dividend safe?

Summary. Energy Transfer offers an attractive dividend yield that is backed by durable business operations and a sound balance sheet. The dividend cut in late 2020 and current lawsuits make more bearish investors uncomfortable around ET's ability to accommodate the current yield in the long run.

Who are the top investors in Energy Transfer?

Top Institutional Holders
HolderSharesDate Reported
Tortoise Capital Advisors, LLC33,719,798Sep 29, 2023
JP Morgan Chase & Company32,429,280Sep 29, 2023
Natixis29,153,416Sep 29, 2023
Mirae Asset Global Investments Co., Ltd.25,621,485Dec 30, 2023
6 more rows

What is the future of energy transfer stock?

Future Growth

Energy Transfer is forecast to grow earnings and revenue by 19% and 3.6% per annum respectively. EPS is expected to grow by 16.8% per annum. Return on equity is forecast to be 14.7% in 3 years.

You might also like
Popular posts
Latest Posts
Article information

Author: Dan Stracke

Last Updated: 25/06/2024

Views: 5806

Rating: 4.2 / 5 (43 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Dan Stracke

Birthday: 1992-08-25

Address: 2253 Brown Springs, East Alla, OH 38634-0309

Phone: +398735162064

Job: Investor Government Associate

Hobby: Shopping, LARPing, Scrapbooking, Surfing, Slacklining, Dance, Glassblowing

Introduction: My name is Dan Stracke, I am a homely, gleaming, glamorous, inquisitive, homely, gorgeous, light person who loves writing and wants to share my knowledge and understanding with you.