W & T Offshore Inc (NYSE:WTI) has a beta value of 1.32 and has seen 2.3 million shares traded in the last trading session. The company, currently valued at $240.19M, closed the last trade at $1.63 per share which meant it lost -$0.02 on the day or -1.21% during that session. The WTI stock price is -101.23% off its 52-week high price of $3.28 and 18.4% above the 52-week low of $1.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.65 million shares traded. The 3-month trading volume is 2.13 million shares.
W & T Offshore Inc (NYSE:WTI) trade information
Sporting -1.21% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the WTI stock price touched $1.63 or saw a rise of 10.93%. Year-to-date, W & T Offshore Inc shares have moved -1.81%, while the 5-day performance has seen it change -2.40%. Over the past 30 days, the shares of W & T Offshore Inc (NYSE:WTI) have changed -9.94%. Short interest in the company has seen 16.01 million shares shorted with days to cover at 8.72.
W & T Offshore Inc (WTI) estimates and forecasts
Figures show that W & T Offshore Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -26.91% over the past 6 months, with this year growth rate of -280.00%, compared to -9.00% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -42.81% over the past 5 years.
WTI Dividends
W & T Offshore Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.04 at a share yield of 2.45%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.53%.
W & T Offshore Inc (NYSE:WTI)’s Major holders
Insiders own 33.64% of the company shares, while shares held by institutions stand at 35.85% with a share float percentage of 54.03%. Investors are also buoyed by the number of investors in a company, with W & T Offshore Inc having a total of 182.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 8.22 million shares worth more than $17.6 million. As of 2024-06-30, BLACKROCK INC. held 5.6001% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 7.11 million shares as of 2024-06-30. The firm’s total holdings are worth over $15.22 million and represent 4.8445% of shares outstanding.
