In the latest trading session,, 16.81 million Tellurian Inc (AMEX:TELL) shares changed hands as the company’s beta touched 2.58. With the company’s most recent per share price at $0.92 changing hands around $0.01 or 1.28% at last look, the market valuation stands at $822.80M. TELL’s current price is a discount, trading about -45.65% off its 52-week high of $1.34. The share price had its 52-week low at $0.36, which suggests the last value was 60.87% up since then. When we look at Tellurian Inc’s average trading volume, we note the 10-day average is 15.71 million shares, with the 3-month average coming to 47.01 million.

Analysts gave the Tellurian Inc (TELL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended TELL as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Tellurian Inc’s EPS for the current quarter is expected to be -0.03.

Tellurian Inc (AMEX:TELL) trade information

Instantly TELL is in green as seen in intraday trades today. With action 3.29%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 21.84%, with the 5-day performance at 3.29% in the green. However, in the 30-day time frame, Tellurian Inc (AMEX:TELL) is -4.10% down. Looking at the short shares, we see there were 93.94 million shares sold at short interest cover period of 1.46 days.

The consensus price target for the stock as assigned by Wall Street analysts is 4.5, meaning bulls need an upside of 79.56% from its recent market value. According to analyst projections, TELL’s forecast low is 0.25 with 8 as the target high. To hit the forecast high, the stock’s price needs a -769.57% plunge from its current level, while the stock would need to tank 72.83% for it to hit the projected low.

Tellurian Inc (TELL) estimates and forecasts

Data shows that the Tellurian Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 13.28% over the past 6 months, a 20.83% in annual growth rate that is considerably higher than the industry average of -9.00%. Year-over-year growth is forecast to reach -73.30% down from the last financial year.

The company’s revenue for the corresponding quarters a year ago was 43.25M and 39.96M respectively.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.14%. The 2024 estimates are for Tellurian Inc earnings to increase by 36.21%.

TELL Dividends

Tellurian Inc is expected to release its next quarterly earnings report on 2024-Oct-31.

Tellurian Inc (AMEX:TELL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.18% of Tellurian Inc shares while 37.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 38.44%. There are 37.21% institutions holding the Tellurian Inc stock share, with STATE STREET CORP the top institutional holder. As of 2024-03-31, the company held 8.6709% of the shares, roughly 65.4 million TELL shares worth $43.25 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.0541% or 45.66 million shares worth $30.2 million as of 2024-03-31.

Among Mutual Funds, the top two as of Mar 31, 2024 were Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF . With 18.64 shares estimated at $17.17 million under it, the former controlled 4.33% of total outstanding shares. On the other hand, SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF held about 2.71% of the shares, roughly 11.67 shares worth around $10.75 million.