In today’s recent session, 0.64 million shares of the W & T Offshore Inc (NYSE:WTI) have been traded, and its beta is 0.96. Most recently the company’s share price was $1.45, and it changed around -$0.06 or -4.30% from the last close, which brings the market valuation of the company to $212.93M. WTI at last check was trading at a discount to its 52-week high of $2.93, offering almost -102.07% off that amount. The share price’s 52-week low was $1.30, which indicates that the recent value has risen by an impressive 10.34% since then.
W & T Offshore Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended WTI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. W & T Offshore Inc is expected to report earnings per share of -0.07 for the current quarter.
W & T Offshore Inc (NYSE:WTI) trade information
Instantly WTI has been showing red trend so far today with a performance of -4.30% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.7600 on recent trading dayincreased the stock’s daily price by 17.61%. The company’s shares are currently down -12.95% year-to-date, but still down -12.42% over the last five days. On the other hand, W & T Offshore Inc (NYSE:WTI) is -6.77% down in the 30-day period.
W & T Offshore Inc (WTI) estimates and forecasts
The year-over-year growth rate is expected to be 3.38%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 134M in revenue for the current quarter. 1 analysts expect W & T Offshore Inc to make 132.1M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 140.79M and 142.76M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.82%. Forecasts for the next quarter put sales growth at -7.47%.
WTI Dividends
W & T Offshore Inc’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 2.77 percent and its annual dividend per share was 0.04. It is important to note, however, that the 2.77% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
W & T Offshore Inc (NYSE:WTI)’s Major holders
VANGUARD GROUP INC, with 4.8445% or 7.11 million shares worth $15.22 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 3.01 shares worth $4.33 million, making up 2.04% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 2.67 shares worth around $3.85 million, which represents about 1.81% of the total shares outstanding.
