In the last trading session, 6.08 million shares of the W & T Offshore Inc (NYSE:WTI) were traded, and its beta was 0.68. Most recently the company’s share price was $2.23, and it changed around $0.16 or 7.73% from the last close, which brings the market valuation of the company to $329.26M. WTI currently trades at a discount to its 52-week high of $2.84, offering almost -27.35% off that amount. The share price’s 52-week low was $1.09, which indicates that the current value has risen by an impressive 51.12% since then. We note from W & T Offshore Inc’s average daily trading volume that its 10-day average is 3.17 million shares, with the 3-month average coming to 1.63 million.
W & T Offshore 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 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended WTI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
W & T Offshore Inc (NYSE:WTI) trade information
Instantly WTI has showed a green trend with a performance of 7.73% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.26 on recent trading dayincreased the stock’s daily price by 1.33%. The company’s shares are currently up 34.34% year-to-date, but still up 23.89% over the last five days. On the other hand, W & T Offshore Inc (NYSE:WTI) is 52.74% up in the 30-day period. We can see from the shorts that 23.91 million shares have been sold at a short interest cover period of 17.13 day(s).
WTI Dividends
W & T Offshore Inc’s next quarterly earnings report is expected to be released on 2025-May-05. The annual dividend yield of the stock is 1.79 percent and its annual dividend per share was 0.04. It is important to note, however, that the 1.79% 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 2.53 per year.
W & T Offshore Inc (NYSE:WTI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 33.88% of W & T Offshore Inc shares, and 37.94% of them are in the hands of institutional investors. The stock currently has a share float of 57.38%. W & T Offshore Inc stock is held by 163.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.5968% of the shares, which is about 8.22 million shares worth $17.6 million.
VANGUARD GROUP INC, with 4.8416% or 7.11 million shares worth $15.22 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
