Tortoise Power and Energy Infrastructure Fund (TPZ) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tortoise Power and Energy Infrastructure Fund in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TPZ shares.
View TPZ analyst ratings or view top-rated stocks.

1 brokerages have issued 12-month price targets for Tortoise Power and Energy Infrastructure Fund's shares. Their TPZ share price forecasts range from $28.00 to $28.00. On average, they anticipate the company's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 106.2% from the stock's current price.
View analysts price targets for TPZ or view top-rated stocks among Wall Street analysts.

Tortoise Power and Energy Infrastructure Fund's stock was trading at $12.76 at the beginning of the year. Since then, TPZ shares have increased by 6.4% and is now trading at $13.58.
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Tortoise Power and Energy Infrastructure Fund saw a increase in short interest in August. As of August 31st, there was short interest totaling 700 shares, an increase of 250.0% from the August 15th total of 200 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is currently 0.1 days.
View Tortoise Power and Energy Infrastructure Fund's Short Interest.

Tortoise Power and Energy Infrastructure Fund declared a monthly dividend on Tuesday, September 12th. Shareholders of record on Friday, September 22nd will be paid a dividend of $0.105 per share on Friday, September 29th. This represents a $1.26 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date is Thursday, September 21st.
Read our dividend analysis for TPZ.

First Trust Income Opportunities ETF holds 9,813 shares of TPZ stock, representing 0.51% of its portfolio.

Tortoise Power and Energy Infrastructure Fund (NYSE:TPZ) pays an annual dividend of $1.36 per share and currently has a dividend yield of 0.08%.
Read our dividend analysis for TPZ.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tortoise Power and Energy Infrastructure Fund investors own include AT&T (T), Exxon Mobil (XOM), Verizon Communications (VZ), Enterprise Products Partners (EPD), Energy Transfer (ET), International Business Machines (IBM), ONEOK (OKE), Johnson & Johnson (JNJ), Coca-Cola (KO) and Altria Group (MO).

Tortoise Power and Energy Infrastructure Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPZ."

Tortoise Power and Energy Infrastructure Fund's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Thomas J. Herzfeld Advisors Inc. (0.00%), Bulldog Investors LLP (0.00%), Rockefeller Capital Management L.P. (0.00%), Private Advisor Group LLC (0.00%), Envestnet Asset Management Inc. (0.00%) and Wolverine Asset Management LLC (0.00%). Insiders that own company stock include Alexandra Herger, Brian Alan Kessens, Conrad S Ciccotello, H Kevin Birzer and Jennifer Paquette.
View institutional ownership trends.

Shares of TPZ 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 TPZ stock can currently be purchased for approximately $13.58.

Tortoise Power and Energy Infrastructure Fund's mailing address is 11550 Ash St Ste 300, LEAWOOD, KS 66211-7811, United States. The official website for the company is closedendfunds.tortoiseadvisors.com. The investment management company can be reached via phone at 913-981-1020.