Solaris Energy Infrastructure Inc (NYSE:SEI)’s traded shares stood at 0.78 million during the last session, with the company’s beta value hitting 1.42. At the close of trading, the stock’s price was $28.19, to imply a decrease of -2.59% or -$0.75 in intraday trading. The SEI share’s 52-week high remains $32.61, putting it -15.68% down since that peak but still an impressive 76.62% since price per share fell to its 52-week low of $6.59. The company has a valuation of $1.89B, with an average of 0.65 million shares in intraday trading volume over the past 10 days and average of 547.78K shares over the past 3 months.
Solaris Energy Infrastructure Inc (NYSE:SEI) trade information
After registering a -2.59% downside in the last session, Solaris Energy Infrastructure Inc (SEI) has traded red over the past five days. The 5-day price performance for the stock is 6.10%, and 21.46% over 30 days. With these gigs, the year-to-date price performance is 254.15%. Short interest in Solaris Energy Infrastructure Inc (NYSE:SEI) saw shorts transact 1.13 million shares and set a 1.88 days time to cover.
Solaris Energy Infrastructure Inc (SEI) estimates and forecasts
Looking at statistics comparing Solaris Energy Infrastructure Inc share performance against respective industry, we note that the company has underperformed competitors. Solaris Energy Infrastructure Inc (SEI) shares are 228.55% up over the last 6 months, with its year-to-date growth rate lower than industry average at -50.00% against 1.30%. The rating firms project that company’s revenue will grow 8.45% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 100.9M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 112.7M.Earnings reports from the last fiscal year show that sales brought in 63.35M and 67.89M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 59.28% before jumping 66.00% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -13.33% for the past 5-year period. While 2024 is set for a -31.86% return in earnings, projections for the next 5 years are at -10.66% annually.
SEI Dividends
Solaris Energy Infrastructure Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Solaris Energy Infrastructure Inc has a forward dividend ratio of 0.48, with the share yield ticking at 1.70% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.72%.
