NYSE:TGE - Tallgrass Energy Stock Price, Forecast & News

Tallgrass Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGE."

Tallgrass Energy declared a quarterly dividend on Thursday, October 10th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.55 per share on Thursday, November 14th. This represents a $2.20 annualized dividend and a yield of 9.86%. The ex-dividend date of this dividend is Wednesday, October 30th. This is an increase from Tallgrass Energy's previous quarterly dividend of $0.54. View Tallgrass Energy's Dividend History.

Tallgrass Energy LP (NYSE:TGE) announced its quarterly earnings data on Wednesday, February, 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The company had revenue of $232.96 million for the quarter, compared to analyst estimates of $229.50 million. Tallgrass Energy had a net margin of 28.65% and a return on equity of 11.02%. View Tallgrass Energy's Earnings History.

Tallgrass Energy is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Tallgrass Energy.

10 Wall Street analysts have issued 12-month price objectives for Tallgrass Energy's shares. Their forecasts range from $19.50 to $26.00. On average, they expect Tallgrass Energy's share price to reach $21.25 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Price Targets for Tallgrass Energy.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy in the last year. There are currently 1 sell rating and 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tallgrass Energy.

News stories about TGE stock have been trending very negative on Friday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tallgrass Energy earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Tallgrass Energy.

Tallgrass Energy saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,290,000 shares, an increase of 37.6% from the January 15th total of 4,570,000 shares. Based on an average daily trading volume, of 4,410,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 4.2% of the company's shares are sold short. View Tallgrass Energy's Current Options Chain.

Some companies that are related to Tallgrass Energy include Targa Resources (TRGP), Western Midstream Partners (WES), EQM Midstream Partners (EQM), Enable Midstream Partners (ENBL), TC Pipelines (TCP), DCP Midstream (DCP), Rattler Midstream (RTLR), Antero Midstream (AM), EnLink Midstream (ENLC), USA Compression Partners (USAC), Archrock (AROC), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tallgrass Energy investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Enbridge (ENB), Energy Transfer LP Unit (ET), AbbVie (ABBV), Kinder Morgan (KMI), Mplx (MPLX), Tanger Factory Outlet Centers (SKT) and CVS Health (CVS).

Tallgrass Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (6.71%), Barclays PLC (3.88%), Tortoise Capital Advisors L.L.C. (2.67%), Tortoise Capital Advisors L.L.C. (2.67%), Goldman Sachs Group Inc. (2.41%) and CNH Partners LLC (1.09%). Company insiders that own Tallgrass Energy stock include David G Dehaemers Jr, Enagas USA Llc, Gary D Watkins, Gary J Brauchle, Holdings LP Blackstone III, Infrastructure Asso Blackstone, Jeffrey A Ball, John T Raymond and Private Ltd Gic. View Institutional Ownership Trends for Tallgrass Energy.

TGE stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Duff & Phelps Investment Management Co., Jennison Associates LLC, Infrastructure Capital Advisors LLC, Quad Capital Management Advisors LLC, Man Group plc and Oxbow Advisors LLC. Company insiders that have sold Tallgrass Energy company stock in the last year include Gary D Watkins, Gary J Brauchle and John T Raymond. View Insider Buying and Selling for Tallgrass Energy.

TGE stock was purchased by a variety of institutional investors in the last quarter, including Barclays PLC, Goldman Sachs Group Inc., CNH Partners LLC, Gabelli Funds LLC, Bank of Montreal Can, Vivaldi Asset Management LLC, Assenagon Asset Management S.A. and CIBC Private Wealth Group LLC. Company insiders that have bought Tallgrass Energy stock in the last two years include David G Dehaemers Jr, Enagas USA Llc, Holdings LP Blackstone III, Infrastructure Asso Blackstone, Jeffrey A Ball and Private Ltd Gic. View Insider Buying and Selling for Tallgrass Energy.

Shares of TGE 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 TGE stock can currently be purchased for approximately $22.32.

Tallgrass Energy has a market capitalization of $6.28 billion and generates $868.55 million in revenue each year. The company earns $248.81 million in net income (profit) each year or $1.42 on an earnings per share basis. Tallgrass Energy employs 750 workers across the globe.View Additional Information About Tallgrass Energy.

The official website for Tallgrass Energy is http://www.tallgrassenergylp.com/.

Tallgrass Energy's mailing address is 4200 W. 115TH STREET SUITE 350, LEAWOOD KS, 66211. The company can be reached via phone at 913-928-6060 or via email at [email protected]