Sasol (SSL) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sasol in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SSL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSL, but not buy additional shares or sell existing shares.
View SSL analyst ratings or view top-rated stocks.

Sasol's stock was trading at $15.71 at the beginning of the year. Since then, SSL shares have decreased by 17.9% and is now trading at $12.8950.
View the best growth stocks for 2023 here.

Sasol saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 1,800,000 shares, an increase of 20.0% from the July 31st total of 1,500,000 shares. Based on an average daily trading volume, of 336,900 shares, the short-interest ratio is presently 5.3 days. Approximately 0.3% of the shares of the company are short sold.
View Sasol's Short Interest.

Sasol announced a semi-annual dividend on Wednesday, August 23rd. Stockholders of record on Friday, September 15th will be paid a dividend of $0.5321 per share on Friday, September 29th. This represents a yield of 5.9%. The ex-dividend date of this dividend is Thursday, September 14th. This is a boost from the stock's previous semi-annual dividend of $0.39.
Read our dividend analysis for SSL.

VanEck Africa Index ETF holds 39,069 shares of SSL stock, representing 1.02% of its portfolio.

Sasol (NYSE:SSL) pays an annual dividend of $0.84 per share and currently has a dividend yield of 6.42%. SSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSL will have a dividend payout ratio of 25.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSL.

69 employees have rated Sasol Chief Executive Officer Bongani Nqwababa and Stephen Cornell on Glassdoor.com. Bongani Nqwababa and Stephen Cornell has an approval rating of 32% among the company's employees. This puts Bongani Nqwababa and Stephen Cornell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sasol investors own include Exxon Mobil (XOM), AT&T (T), Carnival Co. & (CCL), Energy Transfer (ET), Pfizer (PFE), Macy's (M), American Airlines Group (AAL), General Electric (GE), Gilead Sciences (GILD) and

Sasol trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSL."

Sasol's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (0.20%), BlackRock Inc. (0.07%), Invenomic Capital Management LP (0.04%), Pzena Investment Management LLC (0.04%), Renaissance Technologies LLC (0.04%) and JPMorgan Chase & Co. (0.02%).

Shares of SSL 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 SSL stock can currently be purchased for approximately $12.90.

Sasol (NYSE:SSL) has a market capitalization of $8.20 billion and generates $289.70 billion in revenue each year. The oil and gas company earns $1.70 billion in net income (profit) each year or $2.83 on an earnings per share basis.

The company employs 29,073 workers across the globe.

Sasol's mailing address is 50 KATHERINE STREET SANDTON, JOHANNESBURG T3, 99999. The official website for the company is www.sasol.com. The oil and gas company can be reached via phone at (710) 344-5000, via email at investor.relations@sasol.com, or via fax at 27-11-788-5092.