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 (WHO). Since then, SOI stock has increased by 13.1% and is now trading at $6.93. 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) released its quarterly earnings data on Thursday, April, 30th. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.15. The business earned $47.83 million during the quarter, compared to analyst estimates 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 announced a quarterly dividend on Monday, May 18th. Stockholders 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 annualized dividend and a yield of 6.06%. The ex-dividend date of this dividend is Monday, June 1st. View Solaris Oilfield Infrastructure's dividend history.

9 brokers have issued 12-month price targets for Solaris Oilfield Infrastructure's shares. Their forecasts range from $6.50 to $18.00. On average, they anticipate Solaris Oilfield Infrastructure's share price to reach $12.06 in the next year. This suggests a possible upside of 74.1% from the stock's current price. View analysts' price targets for Solaris Oilfield Infrastructure.

Media headlines about SOI stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive 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 negative five to five, with scores nearest to five being the most favorable. Solaris Oilfield Infrastructure earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutSolaris Oilfield Infrastructure.

Solaris Oilfield Infrastructure saw a drop in short interest in the month of 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 daily trading volume, of 601,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 7.5% 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 (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 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 many different 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 $6.93.

Solaris Oilfield Infrastructure has a market capitalization of $313.79 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]