NextDecade Corporation (NASDAQ:NEXT) has a beta value of 1.09 and has seen 2.45 million shares traded in the recent trading session. The company, currently valued at $2.40B, closed the recent trade at $9.19 per share which meant it gained $0.96 on the day or 11.66%% during that session. The NEXT stock price is -5.66% off its 52-week high price of $9.71 and 53.54% above the 52-week low of $4.27. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.85 million shares traded. The 3-month trading volume is 1.92 million shares.
The consensus among analysts is that NextDecade Corporation (NEXT) is Buy stock at the moment, with a recommendation rating of 1.00. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
NextDecade Corporation (NASDAQ:NEXT) trade information
Sporting 11.66%% 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 NEXT stock price touched $9.19 or saw a fall of -0.33%. Year-to-date, NextDecade Corporation shares have moved 17.22%, while the 5-day performance has seen it change 10.72%. Over the past 30 days, the shares of NextDecade Corporation (NASDAQ:NEXT) have changed 23.69%. Short interest in the company has seen 12.3 million shares shorted with days to cover at 7.5.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 29.31% from the levels at last check today.. The projected low price target is $13.0 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is -41.46% off the targeted high while a plunge would see the stock gain -41.46% from the levels at last check today..
NextDecade Corporation (NEXT) estimates and forecasts
The company’s shares have gained 45.64% over the past 6 months.
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 11.71% over the past 5 years.
NEXT Dividends
NextDecade Corporation is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
NextDecade Corporation (NASDAQ:NEXT)’s Major holders
Insiders own 42.13% of the company shares, while shares held by institutions stand at 49.20% with a share float percentage of 85.02%. Investors are also buoyed by the number of investors in a company, with NextDecade Corporation having a total of 239.0 institutions that hold shares in the company. The top two institutional holders are YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC with over 40.68 million shares worth more than $323.02 million. As of 2024-06-30, YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC held 15.778% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 18.85 million shares as of 2024-06-30. The firm’s total holdings are worth over $149.68 million and represent 7.311% 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 MUTUAL FUND SERIES TRUST-Catalyst Energy Infrastructure Fund . As of Mar 31, 2025 , the former fund manager holds about 2.21% shares in the company for having 5.75 shares of worth $53.94 million while later fund manager owns 4.6 shares of worth $43.1 million as of Mar 31, 2025 , which makes it owner of about 1.76% of company’s outstanding stock.
