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"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
"Prepare for Five Years of Famine" (Ad)
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
"Prepare for Five Years of Famine" (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
"Prepare for Five Years of Famine" (Ad)
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
"Prepare for Five Years of Famine" (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
"Prepare for Five Years of Famine" (Ad)
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
"Prepare for Five Years of Famine" (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
NYSE:NETI

Eneti - NETI Stock Forecast, Price & News

$9.34
-0.10 (-1.06%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
$9.29
$9.68
50-Day Range
$8.63
$10.65
52-Week Range
$4.81
$11.20
Volume
305,379 shs
Average Volume
330,057 shs
Market Capitalization
$371.17 million
P/E Ratio
3.41
Dividend Yield
0.43%
Price Target
$13.50

Eneti MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
44.5% Upside
$13.50 Price Target
Short Interest
Healthy
2.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.66mentions of Eneti in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.55) to $0.19 Per Share

Overall MarketRank

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

2.71 out of 5 stars

Transportation Sector

27th out of 123 stocks

Deep Sea Foreign Transportation Of Freight Industry

9th out of 29 stocks


NETI stock logo

About Eneti (NYSE:NETI) Stock

Eneti, Inc. is focused on the offshore wind and marine-based renewable energy industry and has invested in the next generation of wind turbine installation vessels. It provides innovative maritime solutions to a wide variety of customers across the globe, safeguarding the environment, embracing sustainable business practices and generating risk-adjusted returns throughout the industry cycle. 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

Analyzing Eneti (NYSE:NETI) and United Maritime (NASDAQ:USEA)
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Eneti Inc. Announces A Contract Award for Seajacks
Eneti stock pops 14% after Q4 results impress
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Eneti: Set For Solid Growth Over The Next Few Years
Eneti Inc. (NETI) Q3 2022 Earnings Call Transcript
Successful Completion of Construction at Akita & Noshiro
See More Headlines
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NETI Company Calendar

Last Earnings
2/09/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Today
3/28/2023
Next Earnings (Estimated)
5/11/2023
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
$13.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+44.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$104.89 million
Pretax Margin
52.99%

Debt

Sales & Book Value

Annual Sales
$199.33 million
Cash Flow
$2.06 per share
Book Value
$17.98 per share

Miscellaneous

Free Float
N/A
Market Cap
$371.17 million
Optionable
Not Optionable
Beta
1.10

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?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eneti in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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?

3 Wall Street research analysts have issued 12-month price targets for Eneti's stock. Their NETI share price forecasts range from $11.00 to $18.00. On average, they predict the company's share price to reach $13.50 in the next year. This suggests a possible upside of 44.5% 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 at the beginning of the year. Since then, NETI shares have decreased by 7.1% and is now trading at $9.34.
View the best growth stocks for 2023 here
.

Are investors shorting Eneti?

Eneti saw a increase in short interest in February. As of February 28th, there was short interest totaling 644,100 shares, an increase of 88.8% from the February 13th total of 341,200 shares. Based on an average trading volume of 298,300 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.6% of the shares of the stock are short sold.
View Eneti's Short Interest
.

When is Eneti's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our NETI earnings forecast
.

How were Eneti's earnings last quarter?

Eneti Inc. (NYSE:NETI) announced its quarterly earnings data on Thursday, February, 9th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of ($0.12) by $0.44. The business had revenue of $46.60 million for the quarter, compared to analyst estimates of $35.36 million. Eneti had a net margin of 52.55% and a trailing twelve-month return on equity of 7.27%.

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

Eneti announced a quarterly dividend on Thursday, February 9th. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.01 per share on Wednesday, March 15th. This represents a $0.04 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Tuesday, February 28th.
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 0.42%. The dividend payout ratio is 1.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NETI will have a dividend payout ratio of 21.05% 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 variety of retail and institutional investors. Top institutional shareholders include Herr Investment Group LLC (4.22%), Encompass Capital Advisors LLC (2.22%), DNB Asset Management AS (1.62%), Millennium Management LLC (1.52%), Fuller & Thaler Asset Management Inc. (1.05%) and Franklin Resources Inc. (0.79%).

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 $9.34.

How much money does Eneti make?

Eneti (NYSE:NETI) has a market capitalization of $371.17 million and generates $199.33 million in revenue each year. The company earns $104.89 million in net income (profit) each year or $2.74 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 3/29/2023 by MarketBeat.com Staff