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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Save $200 on MarketBeat All Access (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Save $200 on MarketBeat All Access (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Save $200 on MarketBeat All Access (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
NYSE:NETI

Eneti (NETI) Stock Forecast, Price & News

$9.75
+0.29 (+3.07%)
(As of 06/1/2023 ET)
Compare
Today's Range
$9.35
$9.83
50-Day Range
$7.77
$10.80
52-Week Range
$5.13
$11.20
Volume
342,104 shs
Average Volume
420,285 shs
Market Capitalization
$376.84 million
P/E Ratio
4.53
Dividend Yield
0.41%
Price Target
$13.40

Eneti MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.4% Upside
$13.40 Price Target
Short Interest
Bearish
7.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Eneti in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.09) to $0.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Transportation Sector

101st out of 246 stocks

Deep Sea Foreign Transportation Of Freight Industry

33rd out of 62 stocks


NETI stock logo

About Eneti (NYSE:NETI) Stock

Eneti, Inc. engages in the development of offshore wind and marine-based renewable energy and has invested in the next generation of wind turbine installation vessels. It provides innovative maritime solutions to a wide variety of customers. The company was founded by Emanuele A. Lauro and Robert L. Bugbee on March 20, 2013 and is headquartered in Monaco.

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NETI Stock News Headlines

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Eneti (NETI) Declares $0.01 Dividend
Eneti (NETI) Scheduled to Post Quarterly Earnings on Thursday
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Analyzing Eneti (NYSE:NETI) and United Maritime (NASDAQ:USEA)
Eneti Inc. Announces A Contract Award for Seajacks
Eneti stock pops 14% after Q4 results impress
Eneti Inc. (NYSE:NETI) Q4 2022 Earnings Call Transcript
See More Headlines

NETI Price History

NETI Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
4/27/2023
Ex-Dividend for 5/31 Dividend
5/09/2023
Dividend Payable
5/31/2023
Today
6/02/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Fax
N/A
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.40
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+37.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$105.70 million
Pretax Margin
43.83%

Debt

Sales & Book Value

Annual Sales
$199.33 million
Cash Flow
$2.09 per share
Book Value
$18.10 per share

Miscellaneous

Free Float
36,251,000
Market Cap
$376.84 million
Optionable
Not Optionable
Beta
1.08

Key Executives

  • Emanuele A. Lauro
    Chairman & Chief Executive Officer
  • Robert L. Bugbee
    President & Director
  • Cameron K. Mackey
    Chief Operating Officer
  • Hugh Baker
    Chief Financial Officer
  • Filippo Lauro
    Vice President













NETI Stock - Frequently Asked Questions

Should I buy or sell Eneti stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eneti in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NETI shares.
View NETI analyst ratings
or view top-rated stocks.

What is Eneti's stock price forecast for 2023?

4 Wall Street analysts have issued 1-year price objectives for Eneti's stock. Their NETI share price forecasts range from $11.00 to $18.00. On average, they expect the company's stock price to reach $13.40 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
View analysts price targets for NETI
or view top-rated stocks among Wall Street analysts.

How have NETI shares performed in 2023?

Eneti's stock was trading at $10.05 on January 1st, 2023. Since then, NETI stock has decreased by 3.0% and is now trading at $9.75.
View the best growth stocks for 2023 here
.

Are investors shorting Eneti?

Eneti saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,790,000 shares, an increase of 19.3% from the April 30th total of 1,500,000 shares. Based on an average daily trading volume, of 451,200 shares, the days-to-cover ratio is presently 4.0 days. Currently, 7.5% of the company's shares are sold short.
View Eneti's Short Interest
.

When is Eneti's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our NETI earnings forecast
.

How were Eneti's earnings last quarter?

Eneti Inc. (NYSE:NETI) posted its earnings results on Thursday, April, 27th. The company reported ($0.48) EPS for the quarter, beating the consensus estimate of ($0.84) by $0.36. The company earned $13.82 million during the quarter, compared to analysts' expectations of $13.74 million. Eneti had a trailing twelve-month return on equity of 6.63% and a net margin of 43.52%.

How often does Eneti pay dividends? What is the dividend yield for Eneti?

Eneti announced a quarterly dividend on Thursday, April 27th. Stockholders of record on Wednesday, May 10th will be paid a dividend of $0.01 per share on Wednesday, May 31st. This represents a $0.04 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend is Tuesday, May 9th.
Read our dividend analysis for NETI
.

What ETFs hold Eneti's stock?

ETFs with the largest weight of Eneti (NYSE:NETI) stock in their portfolio include ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA) and First Trust Global Wind Energy ETF (FAN).SonicShares Global Shipping ETF (BOAT).

Is Eneti a good dividend stock?

Eneti (NYSE:NETI) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 1.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NETI will have a dividend payout ratio of 18.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NETI.

What is Eneti's stock symbol?

Eneti trades on the New York Stock Exchange (NYSE) under the ticker symbol "NETI."

Who are Eneti's major shareholders?

Eneti's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.07%), Herr Investment Group LLC (2.18%), Valueworks LLC (1.41%), Condire Management LP (1.16%), Dimensional Fund Advisors LP (1.14%) and FMR LLC (1.08%).

How do I buy shares of Eneti?

Shares of NETI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Eneti's stock price today?

One share of NETI stock can currently be purchased for approximately $9.75.

How much money does Eneti make?

Eneti (NYSE:NETI) has a market capitalization of $376.84 million and generates $199.33 million in revenue each year. The company earns $105.70 million in net income (profit) each year or $2.15 on an earnings per share basis.

How can I contact Eneti?

Eneti's mailing address is 9 BOULEVARD CHARLES III, Monaco O9, 98000. The official website for the company is www.eneti-inc.com. The company can be reached via phone at (779) 798-5715.

This page (NYSE:NETI) was last updated on 6/2/2023 by MarketBeat.com Staff

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