In today’s recent session, 6,646,164 shares of the Kosmos Energy Ltd.(NYSE:KOS) have been traded, and its beta is 3.87. Most recently the company’s share price was $2.92, and it changed around $0.18 or 0.07% from the last close, which brings the market valuation of the company to $1.2 Billion. KOS at last check was trading at a discount to its 52-week high of $4.79, offering almost -64.04% off that amount. The share price’s 52-week low was $0.5, which indicates that the recent value has risen by an impressive 82.88% since then. We note from Kosmos Energy Ltd.’s average daily trading volume that its 10-day average is 5.77 Million shares, with the 3-month average coming to 9.23 Million.
Kosmos Energy Ltd. (NYSE:KOS): Trading Information Today
Instantly KOS has been showing a green trend so far today with a performance of 6.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $2.98- on Tuesday, Feb 16 increased the stock’s daily price by 2.85%. The company’s shares are currently up 0.23% year-to-date, but still up 0.0052 over the last five days. On the other hand, Kosmos Energy Ltd. (NYSE:KOS) is 0.08% up in the 30-day period. We can see from the shorts that 24.48 Million shares have been sold at a short interest cover period of 2.65 day(s).
Kosmos Energy Ltd. (KOS) projections and forecasts
Kosmos Energy Ltd. share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +66.06 percent over the past six months and at a -1300% annual growth rate that is well below the industry average of 61.4%. However, despite this, analysts have decided to cut back on their fiscal year 2021 revenue estimates. The rating firms predict that it will lose -55.6% in revenue this quarter, and will report an increase of 75% in the next quarter. The year-over-year growth rate is expected to be -46.1%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $308.8 Million in revenue for the current quarter. 1 analysts expect Kosmos Energy Ltd. to make $290.12 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarters a year ago were $460.21 Million and $177.78 Million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -32.9%. Forecasts for the next quarter put sales growth at 63.2%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -17%. Kosmos Energy Ltd. earnings are expected to increase by 40.2% in 2021, but the outlook is positive 23.8% per year for the next five years.
KOS Dividend Yield
Kosmos Energy Ltd.’s next quarterly earnings report is expected to be released around February 22, 2021. The annual dividend yield of the stock is 16.14 percent and its annual dividend per share was $0.18. It is important to note, however, that the 16.14% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Kosmos Energy Ltd. (NYSE:KOS)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 5.18% of Kosmos Energy Ltd. shares, and 86.71% of them are in the hands of institutional investors. The stock currently has a share float of 91.45%. Kosmos Energy Ltd. stock is held by 209 institutions, with FMR, LLC being the largest institutional investor. By Dec 30, 2020, it held 15% of the shares, which is about 60.82 Million shares worth $142.92 Million.
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