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 announced a quarterly dividend on Thursday, October 10th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.55 per share on Thursday, November 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 9.87%. The ex-dividend date 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 the Zacks' consensus estimate of $0.32 by $0.01. The business earned $232.96 million during the quarter, compared to analysts' expectations of $229.50 million. 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 brokerages have issued 12-month price targets for Tallgrass Energy's shares. Their forecasts range from $19.50 to $26.00. On average, they anticipate Tallgrass Energy's share price to reach $21.25 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. 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 coverage about TGE stock has trended neutral on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 0.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few 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 trading volume of 4,410,000 shares, the short-interest ratio is currently 1.4 days. Approximately 4.2% of the company's stock are short sold. View Tallgrass Energy's Current Options Chain.

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 number of of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (6.71%), Barclays PLC (3.88%), Goldman Sachs Group Inc. (2.41%), CNH Partners LLC (1.09%), Bank of Montreal Can (1.02%) and Gabelli Funds LLC (0.98%). 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 Duff & Phelps Investment Management Co., Jennison Associates LLC, Infrastructure Capital Advisors LLC, Quad Capital Management Advisors LLC, Oxbow Advisors LLC, Alps Advisors Inc., Groesbeck Investment Management Corp NJ and Miller Howard Investments Inc. NY. 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 acquired 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 $22.30.