What is the forecast for ET stock? (2024)

What is the forecast for ET stock?

Stock Price Forecast

Is ET stock a good buy right now?

Energy Transfer LP is currently a Zacks Rank #1 (Strong Buy). Digging into valuation, Energy Transfer LP currently has a Forward P/E ratio of 11.75. This represents a discount compared to its industry's average Forward P/E of 12.23.

What is the future price of ET stock?

The average price target is $18.25 with a high forecast of $19.00 and a low forecast of $18.00. The average price target represents a 27.36% change from the last price of $14.33.

Where will Energy Transfer stock be in 5 years?

Energy Transfer stock price stood at $14.33

According to the latest long-term forecast, Energy Transfer price will hit $15 by the end of 2024 and then $17 by the middle of 2026. Energy Transfer will rise to $20 within the year of 2027, $25 in 2029 and $30 in 2033.

Who owns the most ET stock?

According to the latest TipRanks data, approximately 71.56% of Energy Transfer LP (ET) stock is held by retail investors. Kelcy Warren owns the most shares of Energy Transfer LP (ET).

How high will ET stock go?

Based on short-term price targets offered by 13 analysts, the average price target for Energy Transfer LP comes to $17.38. The forecasts range from a low of $14.00 to a high of $21.00. The average price target represents an increase of 20.95% from the last closing price of $14.37.

Is ET stock safe?

Energy Transfer LP - Unit is listed as:

Safe(er) Stock in category.

Is ET a good long term stock?

(NYSE: ET) Energy Transfer's forecast annual revenue growth rate of 22.45% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 9.23%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 45.42%.

What do analysts say about ET stock?

Based on analysts offering 12 month price targets for ET in the last 3 months. The average price target is $18.25 with a high estimate of $19 and a low estimate of $18.

What is the next ex-dividend date for ET?

Energy Transfer LP has an annual dividend of $1.26 per share, with a forward yield of 8.81%. The dividend is paid every three months and the next ex-dividend date is Feb 6, 2024.

Is it good to invest in Energy Transfer?

Valuation metrics show that Energy Transfer LP may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of ET, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

Why is energy transfer stock dropping?

For the first three quarters of 2023, Energy Transfer's revenue dropped by more than $11 billion or 16% compared to the same period last year. While this drop is undoubtedly related to the volatility of the energy markets, Energy Transfer's cost of goods sold dropped commensurate with the drop in revenue.

Has Energy Transfer stock ever split?

Energy Transfer Partners stock (symbol: ET) underwent a total of 2 stock splits. The most recent stock split occured on July 27th, 2015.

Will ET pay dividends?

Energy Transfer LP (NYSE:ET) recently announced a dividend of $0.32 per share, payable on 2024-02-20, with the ex-dividend date set for 2024-02-06. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.

Is ET a monthly dividend?

Regular payouts for ET are paid quarterly.

Why invest in ET money?

Simplified data for amplified returns

You win at investing when you make sense of complex data. ET Money presents you all the useful data in the most simplified manner that helps you separate the investing signals from the noise.

What is the projection for Eastern Bank stock?

The average price target is $16.50 with a high forecast of $17.00 and a low forecast of $16.00. The average price target represents a 18.88% change from the last price of $13.88.

Will energy transfer be bought out?

Energy Transfer recently completed its merger with Crestwood Equity Partners. The deal created an even larger midstream giant.

Is ET a good dividend stock?

Notable Dividend: ET's dividend (8.72%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

Is energy transfer dividend safe?

Energy Transfer's durable and growing cash flow positions it to keep increasing its already massive distribution. It has grown its payout by 3.3% over the past year, in line with its long-term target of growing its distribution at a 3% to 5% annual rate.

How often does ET pay dividends?

Energy Transfer LP Dividend Information

Energy Transfer LP has an annual dividend of $1.26 per share, with a forward yield of 9.02%. The dividend is paid every three months and the last ex-dividend date was Feb 6, 2024.

Is ET a monthly dividend stock?

Regular payouts for ET are paid quarterly.

What is ET stock dividend payout 2023?

ET Dividend History
Ex/EFF DateTypeCash Amount
08/11/2023Cash$0.31
05/05/2023Cash$0.3075
02/06/2023Cash$0.305
11/03/2022Cash$0.265
68 more rows

Is Eastern Bank being bought out?

Eastern Bankshares, Inc. and Cambridge Bancorp, the parent company of Cambridge Trust Company, have entered into a definitive agreement to merge. Both Eastern Bank and Cambridge Trust share deep local roots and a strong commitment to our customers and the communities we serve.

Is Eastern Bank stable?

Deposits are also protected by the financial strength and stability of Eastern Bank, which has been serving the needs of individuals and businesses since 1818.

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