NYSE:SOISolaris Oilfield Infrastructure Stock Price, Forecast & News

Solaris Oilfield Infrastructure's stock was trading at $6.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SOI shares have increased by 11.1% and is now trading at $6.81. 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) issued its quarterly earnings results on Thursday, April, 30th. The company reported $0.32 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.15. The firm earned $47.83 million during the quarter, compared to analyst estimates of $43.19 million. Solaris Oilfield Infrastructure had a return on equity of 16.64% and a net margin of 8.79%. 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 given 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 6.17%. The ex-dividend date of this dividend is Monday, June 1st. View Solaris Oilfield Infrastructure's dividend history.

9 Wall Street analysts have issued 1-year price objectives for Solaris Oilfield Infrastructure's stock. Their forecasts range from $6.50 to $18.00. On average, they expect Solaris Oilfield Infrastructure's stock price to reach $12.06 in the next year. This suggests a possible upside of 77.1% from the stock's current price. View analysts' price targets for Solaris Oilfield Infrastructure.

News stories about SOI stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Solaris Oilfield Infrastructure earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutSolaris Oilfield Infrastructure.

Solaris Oilfield Infrastructure saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,130,000 shares, a drop of 6.2% from the April 30th total of 2,270,000 shares. Based on an average trading volume of 601,000 shares, the short-interest ratio is currently 3.5 days. Approximately 7.5% of the company's shares 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 (WFTIQ), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR). 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 $15.00-$18.00 per share. Credit Suisse and Goldman, Sachs served 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.95%), Schroder Investment Management Group (2.87%), Capital World Investors (1.97%), Van ECK Associates Corp (1.94%), Janus Henderson Group PLC (1.90%) and State Street Corp (1.85%). Company insiders that own Solaris Oilfield Infrastructure stock include Christopher M Powell, Cynthia M Durrett, Edgar R Jr Giesinger, James R Burke and Yorktown Energy Partners X, L. View institutional ownership trends for Solaris Oilfield Infrastructure.

SOI stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Janus Henderson Group PLC, Fred Alger Management LLC, Capital World Investors, Invesco Ltd., Voloridge Investment Management LLC, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Solaris Oilfield Infrastructure company stock in the last year include Christopher M Powell, Cynthia M Durrett, and James R Burke. View insider buying and selling activity for Solaris Oilfield Infrastructure.

SOI stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Van ECK Associates Corp, Schroder Investment Management Group, Deprince Race & Zollo Inc., Baird Financial Group Inc., Parametric Portfolio Associates LLC, BlackRock Inc., and Wasatch Advisors Inc.. View insider buying and selling activity for Solaris Oilfield Infrastructure.

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 $6.81.

Solaris Oilfield Infrastructure has a market capitalization of $308.38 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]