W & T Offshore Inc (NYSE:WTI)’s traded shares stood at 2.18 million during the last session, with the company’s beta value hitting 0.69. At the close of trading, the stock’s price was $1.76, to imply an increase of 2.92% or $0.05 in intraday trading. The WTI share’s 52-week high remains $2.84, putting it -61.36% down since that peak but still an impressive 38.07% since price per share fell to its 52-week low of $1.09. The company has a valuation of $259.86M, with an average of 1.43 million shares in intraday trading volume over the past 10 days and average of 2.23 million shares over the past 3 months.
W & T Offshore Inc (NYSE:WTI) trade information
After registering a 2.92% upside in the last session, W & T Offshore Inc (WTI) has traded red over the past five days. The 5-day price performance for the stock is 4.76%, and -14.15% over 30 days. With these gigs, the year-to-date price performance is -26.36%. Short interest in W & T Offshore Inc (NYSE:WTI) saw shorts transact 23.24 million shares and set a 6.13 days time to cover.
W & T Offshore Inc (WTI) estimates and forecasts
The rating firms project that company’s revenue will grow 3.05% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 124.75M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 140M.Earnings reports from the last fiscal year show that sales brought in 142.76M and 121.37M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -12.61% before jumping 15.35% in the following quarter.
WTI Dividends
W & T Offshore Inc has its next earnings report out on 2025-Jun-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. W & T Offshore Inc has a forward dividend ratio of 0.04, with the share yield ticking at 2.27% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.53%.
W & T Offshore Inc (NYSE:WTI)’s Major holders
W & T Offshore Inc insiders hold 33.89% of total outstanding shares, with institutional holders owning 37.87% of the shares at 57.29% float percentage. In total, 37.87% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 8.22 million shares (or 5.5968% of shares), all amounting to roughly $17.6 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 7.11 million shares, or about 4.8416% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $15.22 million.
