Sable Offshore Corp (NYSE:SOC) has a beta value of 0.45 and has seen 1.34 million shares traded in the recent trading session. The company, currently valued at $2.35B, closed the recent trade at $26.33 per share which meant it gained $3.33 on the day or 14.49% during that session. The SOC stock price is -22.79% off its 52-week high price of $32.33 and 58.18% above the 52-week low of $11.01.
The consensus among analysts is that Sable Offshore Corp (SOC) is Buy stock at the moment, with a recommendation rating of 1.57. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Sable Offshore Corp (NYSE:SOC) trade information
Sporting 14.49% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SOC stock price touched $26.33 or saw a rise of 3.87%. Year-to-date, Sable Offshore Corp shares have moved 14.99%, while the 5-day performance has seen it change 33.13%. Over the past 30 days, the shares of Sable Offshore Corp (NYSE:SOC) have changed 51.08%.
Wall Street analysts have a consensus price target for the stock at $30, which means that the shares’ value could jump 12.23% from the levels at last check today.. The projected low price target is $30.0 while the price target rests at a high of $30.0. In that case, then, we find that the latest price level in today’s session is -13.94% off the targeted high while a plunge would see the stock gain -13.94% from the levels at last check today..
Sable Offshore Corp (SOC) estimates and forecasts
The company’s shares have gained 9.36% over the past 6 months.
SOC Dividends
Sable Offshore Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sable Offshore Corp (NYSE:SOC)’s Major holders
The top two institutional holders are FMR LLC with over 9.02 million shares worth more than $136.01 million. As of 2024-06-30, FMR LLC held 14.9999% of shares outstanding.
The other major institutional holder is PILGRIM GLOBAL ADVISORS LLC, with the holding of over 8.0 million shares as of 2024-06-30. The firm’s total holdings are worth over $120.56 million and represent 13.2965% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 2.14% shares in the company for having 1.91 shares of worth $50.56 million while later fund manager owns 1.33 shares of worth $35.13 million as of Mar 31, 2025 , which makes it owner of about 1.49% of company’s outstanding stock.
