NYSE:SMM - Salient Midstream Stock Price, Price Target & More

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$10.18 -0.09 (-0.88 %)
(As of 05/23/2018 08:00 AM ET)
Previous Close$10.27
Today's Range$10.13 - $10.31
52-Week Range$8.53 - $13.04
Volume124,200 shs
Average Volume101,508 shs
Market Capitalization$163.76 million
P/E RatioN/A
Dividend Yield10.45%
Beta1.52

About Salient Midstream (NYSE:SMM)

Salient Midstream & MLP Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of midstream companies and master limited partnerships (MLPs). The Fund may invest up to but not more than 25% of its total assets in equity or debt securities of MLPs. The Fund may invest up to 30% of its total assets in unregistered or otherwise restricted securities of, which up to 10% may be in securities of privately held companies. The Fund may invest in derivatives in order to meet its investment objectives. Salient Capital Advisors, LLC is the Fund's investment advisor.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:SMM
CUSIPN/A
Phone+1-713-9934675

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares17,720,000

Salient Midstream (NYSE:SMM) Frequently Asked Questions

What is Salient Midstream's stock symbol?

Salient Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMM."

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

Salient Midstream declared a quarterly dividend on Tuesday, May 8th. Stockholders of record on Thursday, May 17th will be paid a dividend of $0.171 per share on Wednesday, May 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date of this dividend is Wednesday, May 16th. View Salient Midstream's Dividend History.

Who are Salient Midstream's key executives?

Salient Midstream's management team includes the folowing people:
  • John A. Blaisdell, Chairman of the Board of Trustee (Age 55)
  • Gregory A. Reid, President, Chief Executive Officer, Trustee (Age 50)
  • John E. Price CPA, Principal Financial Officer, Treasurer (Age 47)
  • Paul A. Bachtold, Chief Compliance Officer (Age 41)
  • Jeremy L. Radcliffe, Secretary (Age 40)
  • G. Edward Powell, Lead Independent Director (Age 78)
  • Karin B. Bonding CPA, Independent Trustee (Age 75)
  • Jonathan P. Carroll, Independent Trustee (Age 53)
  • Bernard A. Harris Jr., Independent Trustee (Age 60)
  • Richard C. Johnson, Independent Trustee (Age 77)

Has Salient Midstream been receiving favorable news coverage?

Media stories about SMM stock have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Salient Midstream earned a coverage optimism score of 0.09 on Accern's scale. They also assigned news coverage about the investment management company an impact score of 47.80 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Salient Midstream's major shareholders?

Salient Midstream's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Guggenheim Capital LLC (4.17%), Wells Fargo & Company MN (2.43%), UBS Group AG (2.33%), Segall Bryant & Hamill LLC (1.52%), Thomas J. Herzfeld Advisors Inc. (0.92%) and Oppenheimer & Co. Inc. (0.35%). View Institutional Ownership Trends for Salient Midstream.

Which major investors are selling Salient Midstream stock?

SMM stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Stifel Financial Corp, Segall Bryant & Hamill LLC and Claraphi Advisory Network LLC. View Insider Buying and Selling for Salient Midstream.

Which major investors are buying Salient Midstream stock?

SMM stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, UBS Group AG, Thomas J. Herzfeld Advisors Inc. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for Salient Midstream.

How do I buy shares of Salient Midstream?

Shares of SMM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Salient Midstream's stock price today?

One share of SMM stock can currently be purchased for approximately $10.18.

How big of a company is Salient Midstream?

Salient Midstream has a market capitalization of $163.76 million.

How can I contact Salient Midstream?

Salient Midstream's mailing address is 4265 San Felipe St Ste 800, HOUSTON, TX 77027-2929, United States. The investment management company can be reached via phone at +1-713-9934675.


MarketBeat Community Rating for Salient Midstream (SMM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  47 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  94
MarketBeat's community ratings are surveys of what our community members think about Salient Midstream and other stocks. Vote "Outperform" if you believe SMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMM will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Salient Midstream (NYSE:SMM) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/23/2016 forward)

Earnings

Dividends

Salient Midstream (NYSE:SMM) Dividend Information

Salient Midstream pays an annual dividend of $0.98 per share, with a dividend yield of 9.63%. SMM's next quarterly dividend payment will be made on Wednesday, May 30.
Next Dividend:5/30/2018
Annual Dividend:$0.98
Dividend Yield:9.63%
Dividend Growth:-11.90% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Salient Midstream (NYSE:SMM)

Salient Midstream (NYSE:SMM) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2018quarterly$0.17106.87%5/16/20185/17/20185/30/2018
2/6/2018quarterly$0.24408.9%2/14/20182/15/20182/27/2018
11/7/2017quarterly$0.24409.06%11/16/201711/17/201711/29/2017
8/8/2017quarterly$0.24408.71%8/16/20178/18/20178/31/2017
5/5/2017quarterly$0.24407.54%5/17/20175/19/20175/31/2017
2/8/2017quarterly$0.24407.04%2/15/20172/17/20172/28/2017
5/7/2015quarterly$0.36706.61%5/19/20155/21/20155/29/2015
2/9/2015quarterly$0.36606.63%2/17/20152/19/20152/27/2015
1/20/2015special$0.19706.56%1/22/20151/26/20151/28/2015
8/5/2014quarterly$0.35705.13%8/15/20148/19/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Salient Midstream (NYSE SMM) Insider Trading and Institutional Ownership History

Insider Trading History for Salient Midstream (NYSE:SMM)
Insider Trading History for Salient Midstream (NYSE:SMM)

Salient Midstream (NYSE SMM) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/15/2014Gregory Allen ReidCEOSell7,744$26.30$203,667.20View SEC Filing  
5/14/2014Gregory Allen ReidCEOSell9,414$26.22$246,835.08View SEC Filing  
5/13/2014Gregory Allen ReidCEOSell2,842$26.14$74,289.88View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Salient Midstream (NYSE SMM) News Headlines

Source:
DateHeadline
Salient Midstream Announces Quarterly Dividend of $0.17 (SMM)Salient Midstream Announces Quarterly Dividend of $0.17 (SMM)
www.americanbankingnews.com - May 8 at 5:36 PM
Salient Midstream & MLP Fund Announces Second Quarter 2018 Dividend Of $0.171 Per Share And Net Asset Value As Of April 30, 2018Salient Midstream & MLP Fund Announces Second Quarter 2018 Dividend Of $0.171 Per Share And Net Asset Value As Of April 30, 2018
finance.yahoo.com - May 7 at 4:08 PM
Salient Midstream & MLP Fund Plans Quarterly Dividend of $0.24 (SMM)Salient Midstream & MLP Fund Plans Quarterly Dividend of $0.24 (SMM)
www.americanbankingnews.com - February 6 at 5:22 PM
Salient Midstream & MLP Fund Announces First Quarter 2018 Dividend Of $0.244 Per Share And Net Asset Value As Of January 31, 2018Salient Midstream & MLP Fund Announces First Quarter 2018 Dividend Of $0.244 Per Share And Net Asset Value As Of January 31, 2018
finance.yahoo.com - February 5 at 4:45 PM
Salient Midstream & MLP Fund (SMM) Announces Quarterly Dividend of $0.24Salient Midstream & MLP Fund (SMM) Announces Quarterly Dividend of $0.24
www.americanbankingnews.com - November 7 at 5:54 PM
Salient Midstream & MLP Fund Announces Fourth Quarter 2017 Dividend Of $0.244 Per Share And Net Asset Value As Of October 31, 2017Salient Midstream & MLP Fund Announces Fourth Quarter 2017 Dividend Of $0.244 Per Share And Net Asset Value As Of October 31, 2017
finance.yahoo.com - November 7 at 10:28 AM
Salient Midstream & MLP Fund Announces Fourth Quarter 2017 Dividend Of $0.244 Per Share And Net Asset Value As Of October 31, 2017Salient Midstream & MLP Fund Announces Fourth Quarter 2017 Dividend Of $0.244 Per Share And Net Asset Value As Of October 31, 2017
finance.yahoo.com - November 7 at 10:28 AM
Salient Midstream & MLP Fund (NYSE:SMM) to Issue $0.24 Quarterly DividendSalient Midstream & MLP Fund (NYSE:SMM) to Issue $0.24 Quarterly Dividend
www.americanbankingnews.com - August 8 at 5:46 PM
Salient Midstream & MLP Fund Announces Third Quarter 2017 Dividend Of $0.244 Per Share And Net Asset Value As Of July 31, 2017Salient Midstream & MLP Fund Announces Third Quarter 2017 Dividend Of $0.244 Per Share And Net Asset Value As Of July 31, 2017
finance.yahoo.com - August 8 at 6:59 AM
BRIEF-Salient Midstream & MLP Fund announces tax and investment updateBRIEF-Salient Midstream & MLP Fund announces tax and investment update
www.reuters.com - May 17 at 7:50 PM
Salient Midstream&MLP Fund declares $0.244 dividendSalient Midstream&MLP Fund declares $0.244 dividend
seekingalpha.com - November 8 at 11:24 AM
Sembcorp Joins Keppel in Reporting Profit Slump Amid Weak DemandSembcorp Joins Keppel in Reporting Profit Slump Amid Weak Demand
www.bloomberg.com - July 28 at 5:45 AM

SEC Filings

Salient Midstream (NYSE:SMM) SEC Filings

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Social Media

Financials

Salient Midstream (NYSE:SMM) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Salient Midstream (NYSE SMM) Stock Chart for Wednesday, May, 23, 2018

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This page was last updated on 5/23/2018 by MarketBeat.com Staff

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