Solaris Oilfield Infrastructure - SOI Stock Forecast, Price & News

0 brokerages have issued 1-year price objectives for Solaris Oilfield Infrastructure's shares. Their SOI share price forecasts range from $9.50 to $9.50. On average, they anticipate the company's share price to reach $9.50 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
View analysts price targets for SOI or view top-rated stocks among Wall Street analysts.

Solaris Oilfield Infrastructure's stock was trading at $9.93 at the start of the year. Since then, SOI stock has decreased by 14.2% and is now trading at $8.52.
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Solaris Oilfield Infrastructure saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 458,600 shares, an increase of 54.1% from the February 28th total of 297,600 shares. Based on an average daily volume of 263,600 shares, the short-interest ratio is currently 1.7 days. Approximately 1.6% of the shares of the stock are sold short.
View Solaris Oilfield Infrastructure's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our SOI earnings forecast.

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) posted its quarterly earnings data on Monday, November, 1st. The company reported ($0.01) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.01). The business had revenue of $49.38 million for the quarter, compared to the consensus estimate of $31.97 million. Solaris Oilfield Infrastructure had a net margin of 6.61% and a trailing twelve-month return on equity of 11.51%. During the same quarter last year, the firm earned ($0.09) earnings per share.

Solaris Oilfield Infrastructure announced a quarterly dividend on Thursday, March 2nd. Investors of record on Tuesday, March 14th will be given a dividend of $0.11 per share on Friday, March 24th. This represents a $0.44 annualized dividend and a dividend yield of 5.16%. The ex-dividend date is Monday, March 13th. This is an increase from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for SOI.

ETFs with the largest weight of Solaris Oilfield Infrastructure (NYSE:SOI) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Solaris Oilfield Infrastructure (NYSE:SOI) pays an annual dividend of $0.44 per share and currently has a dividend yield of 5.39%. SOI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 68.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SOI will have a dividend payout ratio of 21.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SOI.

Based on aggregate information from My MarketBeat watchlists, some companies that other Solaris Oilfield Infrastructure investors own include Enterprise Products Partners (EPD), NVIDIA (NVDA), Intel (INTC), Alibaba Group (BABA), Micron Technology (MU), Pfizer (PFE), Advanced Micro Devices (AMD), AT&T (T), Verizon Communications (VZ) and Ford Motor (F).

(SOI) raised $175 million in an initial public offering (IPO) on Friday, May 12th 2017. The company issued 10,600,000 shares at $15.00-$18.00 per share. Credit Suisse and Goldman, Sachs acted as the underwriters for the IPO and Morgan Stanley, Evercore ISI, Simmons (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, Wells Fargo Securities, Raymond James, Oppenheimer, Seaport Global Securities and Wunderlich were co-managers.

Solaris Oilfield Infrastructure trades on the New York Stock Exchange (NYSE) under the ticker symbol "SOI."

Solaris Oilfield Infrastructure's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Encompass Capital Advisors LLC (3.17%), Schroder Investment Management Group (2.78%), Dimensional Fund Advisors LP (2.71%), Russell Investments Group Ltd. (2.47%), Victory Capital Management Inc. (1.26%) and Victory Capital Management Inc. (1.26%). Insiders that own company stock include Christopher M Powell, Cynthia M Durrett, James R Burke, James R Burke, Kelly L Price, Kyle S Ramachandran, Kyle S Ramachandran, Lindsay R Bourg, Solaris Energy Capital, Llc and William A Zartler.
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Shares of SOI 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.
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One share of SOI stock can currently be purchased for approximately $8.52.

Solaris Oilfield Infrastructure (NYSE:SOI) has a market capitalization of $402.31 million and generates $320.01 million in revenue each year. The company earns $21.16 million in net income (profit) each year or $0.64 on an earnings per share basis.

The company employs 179 workers across the globe.

Solaris Oilfield Infrastructure's mailing address is 9811 KATY FREEWAY SUITE 700, HOUSTON TX, 77024. The official website for the company is www.solarisoilfield.com. The company can be reached via phone at (281) 501-3070 or via email at ir@solarisoilfield.com.