In the last trading session, 9.79 million shares of the Energy Transfer LP (NYSE:ET) were traded, and its beta was 1.62. Most recently the company’s share price was $15.83, and it changed around $0.06 or 0.38% from the last close, which brings the market valuation of the company to $53.31B. ET currently trades at a discount to its 52-week high of $16.04, offering almost -1.33% off that amount. The share price’s 52-week low was $12.18, which indicates that the current value has risen by an impressive 23.06% since then. We note from Energy Transfer LP’s average daily trading volume that its 3-month average coming to 12.60 million.
Energy Transfer LP (NYSE:ET) trade information
Instantly ET has showed a green trend with a performance of 0.38% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 14.71% year-to-date, but still up 3.94% over the last five days. On the other hand, Energy Transfer LP (NYSE:ET) is 1.54% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to decrease their stock price by -2.13% from its current value. Analyst projections state that ET is forecast to be at a low of $13 and a high of $20.
Energy Transfer LP (ET) estimates and forecasts
Energy Transfer LP share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 12.83 percent over the past six months and at a 33.94% annual growth rate that is well above the industry average of 7.60%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.88%. Energy Transfer LP earnings are expected to increase by 41.27% in 2024, but the outlook is positive 15.80% per year for the next five years.
ET Dividends
Energy Transfer LP’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 7.86 percent and its annual dividend per share was 1.25. It is important to note, however, that the 7.86% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
