In the last trading session, 1.95 million shares of the Solaris Energy Infrastructure Inc (NYSE:SEI) were traded, and its beta was 1.10. Most recently the company’s share price was $22.47, and it changed around -$0.07 or -0.31% from the last close, which brings the market valuation of the company to $1.51B. SEI currently trades at a discount to its 52-week high of $39.03, offering almost -73.7% off that amount. The share price’s 52-week low was $8.09, which indicates that the current value has risen by an impressive 64.0% since then. We note from Solaris Energy Infrastructure Inc’s average daily trading volume that its 10-day average is 2.58 million shares, with the 3-month average coming to 1.32 million.
Solaris Energy Infrastructure Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended SEI as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Solaris Energy Infrastructure Inc is expected to report earnings per share of 0.13 for the current quarter.
Solaris Energy Infrastructure Inc (NYSE:SEI) trade information
Instantly SEI has showed a red trend with a performance of -0.31% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 24.84 on recent trading dayincreased the stock’s daily price by 9.54%. The company’s shares are currently down -21.92% year-to-date, but still down -8.70% over the last five days. On the other hand, Solaris Energy Infrastructure Inc (NYSE:SEI) is -23.42% down in the 30-day period. We can see from the shorts that 3.08 million shares have been sold at a short interest cover period of 2.76 day(s).
Solaris Energy Infrastructure Inc (SEI) estimates and forecasts
The year-over-year growth rate is expected to be 64.91%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 119.6M in revenue for the current quarter. 2 analysts expect Solaris Energy Infrastructure Inc to make 126.45M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 67.89M and 73.89M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 76.17%. Forecasts for the next quarter put sales growth at 71.14%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -21.42%.
SEI Dividends
Solaris Energy Infrastructure Inc’s next quarterly earnings report is expected to be released on 2025-Feb-20. The annual dividend yield of the stock is 2.14 percent and its annual dividend per share was 0.48. It is important to note, however, that the 2.14% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.63 per year.
Solaris Energy Infrastructure Inc (NYSE:SEI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.61% of Solaris Energy Infrastructure Inc shares, and 107.13% of them are in the hands of institutional investors. The stock currently has a share float of 114.71%.