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

Tallgrass Energy's stock was trading at $17.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TGE shares have decreased by 0.9% and is now trading at $17.44. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy in the last year. There are currently 1 sell rating and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Tallgrass Energy.

Tallgrass Energy is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Tallgrass Energy.

Tallgrass Energy LP (NYSE:TGE) issued its quarterly earnings data on Wednesday, February, 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.01. The company earned $232.96 million during 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 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 annualized dividend and a yield of 12.61%. The ex-dividend date is Wednesday, October 30th. This is a positive change from Tallgrass Energy's previous quarterly dividend of $0.54. View Tallgrass Energy's dividend history.

9 analysts have issued 1-year price objectives for Tallgrass Energy's stock. Their forecasts range from $19.50 to $26.00. On average, they expect Tallgrass Energy's share price to reach $20.71 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View analysts' price targets for Tallgrass Energy.

Headlines about TGE stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tallgrass Energy earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutTallgrass Energy.

Tallgrass Energy saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,188,300 shares, a decrease of 35.0% from the February 27th total of 7,980,000 shares. Based on an average trading volume of 5,360,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 3.0% of the company's shares are sold short. View Tallgrass Energy's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Tallgrass Energy investors own include AT&T (T), Enterprise Products Partners (EPD), Verizon Communications (VZ), AbbVie (ABBV), Energy Transfer LP Unit (ET), Enbridge (ENB), Exxon Mobil (XOM), Kinder Morgan (KMI), Altria Group (MO) and NVIDIA (NVDA).

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

Tallgrass Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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. View insider buying and selling activity for Tallgrass Energy.

TGE stock was bought 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 activity 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 $17.44.

Tallgrass Energy has a market capitalization of $4.91 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]