NYSE:SOISolaris Oilfield Infrastructure Stock Price, Forecast & News

Solaris Oilfield Infrastructure's stock was trading at $6.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SOI stock has increased by 21.5% and is now trading at $7.45. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solaris Oilfield Infrastructure in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Solaris Oilfield Infrastructure.

Solaris Oilfield Infrastructure is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Solaris Oilfield Infrastructure.

Solaris Oilfield Infrastructure Inc (NYSE:SOI) announced its quarterly earnings data on Thursday, April, 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.15. The firm earned $47.83 million during the quarter, compared to analysts' expectations of $43.19 million. Solaris Oilfield Infrastructure had a net margin of 8.79% and a return on equity of 16.64%. View Solaris Oilfield Infrastructure's earnings history.

Solaris Oilfield Infrastructure declared a quarterly dividend on Monday, May 18th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $0.105 per share on Tuesday, June 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend is Monday, June 1st. View Solaris Oilfield Infrastructure's dividend history.

9 brokerages have issued 1-year target prices for Solaris Oilfield Infrastructure's shares. Their forecasts range from $6.50 to $18.00. On average, they expect Solaris Oilfield Infrastructure's share price to reach $12.06 in the next year. This suggests a possible upside of 61.9% from the stock's current price. View analysts' price targets for Solaris Oilfield Infrastructure.

Press coverage about SOI stock has trended negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Solaris Oilfield Infrastructure earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Solaris Oilfield Infrastructure.

Solaris Oilfield Infrastructure saw a decline in short interest in June. As of June 30th, there was short interest totaling 909,400 shares, a decline of 48.6% from the June 15th total of 1,770,000 shares. Based on an average trading volume of 527,100 shares, the days-to-cover ratio is currently 1.7 days. Currently, 3.2% of the shares of the stock are sold short. View Solaris Oilfield Infrastructure's Current Options Chain.

Some companies that are related to Solaris Oilfield Infrastructure include Dril-Quip (DRQ), NOW (DNOW), Oil States International (OIS), Newpark Resources (NR), Forum Energy Technologies (FET), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW), Freestone Resources (FSNR) and Weatherford International (WFTIQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Solaris Oilfield Infrastructure investors own include Verizon Communications (VZ), NVIDIA (NVDA), Alibaba Group (BABA), Enterprise Products Partners (EPD), Ring Energy (REI), Ring Energy (REI), Intel (INTC), Tesla (TSLA), Micron Technology (MU) and Netflix (NFLX).

(SOI) raised $175 million in an initial public offering on Friday, May 12th 2017. The company issued 10,600,000 shares at a price of $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."

Shares of SOI 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, Robinhood, Fidelity, and Charles Schwab.

One share of SOI stock can currently be purchased for approximately $7.45.

Solaris Oilfield Infrastructure has a market capitalization of $337.34 million and generates $241.69 million in revenue each year. The company earns $52.01 million in net income (profit) each year or $1.32 on an earnings per share basis. Solaris Oilfield Infrastructure employs 382 workers across the globe.

The official website for Solaris Oilfield Infrastructure is www.solarisoilfield.com.

Solaris Oilfield Infrastructure's mailing address is 9811 KATY FREEWAY SUITE 700, HOUSTON TX, 77024. The company can be reached via phone at 281-501-3070 or via email at [email protected]