NYSE:TGETallgrass Energy Stock Price, Forecast & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy in the last year. There are currently 1 sell rating and 7 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 Thursday, July 23rd 2020. View our earnings forecast for Tallgrass Energy.

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

Tallgrass Energy announced a quarterly dividend on Thursday, October 10th. Shareholders 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 dividend yield of 9.50%. The ex-dividend date is Wednesday, October 30th. This is a boost from Tallgrass Energy's previous quarterly dividend of $0.54. View Tallgrass Energy's dividend history.

8 Wall Street analysts have issued 12 month target prices for Tallgrass Energy's stock. Their forecasts range from $19.50 to $20.00. On average, they anticipate Tallgrass Energy's share price to reach $19.83 in the next year. This suggests that the stock has a possible downside of 14.4%. View analysts' price targets for Tallgrass Energy.

Media coverage about TGE stock has trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. 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 -3.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutTallgrass Energy.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Tallgrass Energy investors own include AT&T (T), AbbVie (ABBV), Exxon Mobil (XOM), Verizon Communications (VZ), Enbridge (ENB), Chevron (CVX), Gilead Sciences (GILD), Energy Transfer LP Unit (ET), 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 variety of retail and institutional investors. Top institutional investors include Harvest Fund Advisors LLC (2.95%), JPMorgan Chase & Co. (1.73%), Water Island Capital LLC (1.31%), CNH Partners LLC (1.10%), Gabelli Funds LLC (1.10%) and IndexIQ Advisors LLC (0.98%). Company insiders that own Tallgrass Energy stock include Christopher R Jones, 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 Alps Advisors Inc., Tortoise Capital Advisors L.L.C., UBS Group AG, Morgan Stanley, Morgan Stanley, Omni Partners LLP, Alpine Associates Management Inc., and Weiss Multi Strategy Advisers LLC. View insider buying and selling activity for Tallgrass Energy.

TGE stock was purchased by a variety of institutional investors in the last quarter, including Harvest Fund Advisors LLC, Water Island Capital LLC, IndexIQ Advisors LLC, Alyeska Investment Group L.P., Deutsche Bank AG, Alpine Global Management LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and Wells Fargo & Company MN. 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.

One share of TGE stock can currently be purchased for approximately $23.17.

Tallgrass Energy has a market capitalization of $6.53 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.

The official website for Tallgrass Energy is 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]