During the recent session, W & T Offshore Inc (NYSE:WTI)’s traded shares were 1.0 million, with the beta value of the company hitting 1.56. At the last check today, the stock’s price was $2.34, reflecting an intraday loss of -1.28% or -$0.03. The 52-week high for the WTI share is $4.54, that puts it down -94.02 from that peak though still a striking 0.85% gain since the share price plummeted to a 52-week low of $2.32. The company’s market capitalization is $343.61M, and the average trade volume was 2.80 million shares over the past three months.
W & T Offshore Inc (NYSE:WTI) trade information
W & T Offshore Inc (WTI) registered a -1.28% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.28% in intraday trading to $2.34, hitting a weekly high. The stock’s 5-day price performance is -1.69%, and it has moved by -4.89% in 30 days. Based on these gigs, the overall price performance for the year is -45.97%.
W & T Offshore Inc (WTI) estimates and forecasts
Statistics show that W & T Offshore Inc has outperformed its competitors in share price, compared to the industry in which it operates. W & T Offshore Inc (WTI) shares have gone down -41.80% during the last six months, with a year-to-date growth rate more than the industry average at 20.00% against -3.10. In the rating firms’ projections, revenue will increase 13.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 139.56M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 143.28M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 163.26M and 125.6M respectively. In this case, analysts expect current quarter sales to shrink by -14.50% and then jump by 14.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -42.81%. While earnings are projected to return 48.89% in 2024.
WTI Dividends
W & T Offshore Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for W & T Offshore Inc is 0.02, with the dividend yield indicating at 0.85 percent, continuing the trend of increasing dividends in recent years.
