NYSE:TRGP - Targa Resources Stock Price, News, & Analysis

Targa Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRGP."

Targa Resources declared a quarterly dividend on Thursday, January 17th. Investors of record on Thursday, January 31st will be given a dividend of $0.91 per share on Friday, February 15th. This represents a $3.64 annualized dividend and a yield of 8.66%. The ex-dividend date of this dividend is Wednesday, January 30th. View Targa Resources' Dividend History.

Targa Resources Corp (NYSE:TRGP) posted its quarterly earnings results on Thursday, May, 3rd. The pipeline company reported ($0.03) EPS for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.01. The pipeline company earned $2.46 billion during the quarter, compared to the consensus estimate of $2.70 billion. Targa Resources had a net margin of 3.42% and a return on equity of 1.31%. View Targa Resources' Earnings History.

20 equities research analysts have issued 1-year target prices for Targa Resources' shares. Their forecasts range from $46.00 to $66.00. On average, they anticipate Targa Resources' stock price to reach $55.95 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for Targa Resources.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Targa Resources in the last year. There are currently 6 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Targa Resources.

Headlines about TRGP stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Targa Resources earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Some companies that are related to Targa Resources include Tc Pipelines (TRP), National Grid (NGG), Williams Companies (WMB), Energy Transfer LP Unit (ET), Spectra Energy Partners (SEP), Western Gas Partners (WES), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), EQGP (EQGP), EQM Midstream Partners (EQM), Antero Midstream Partners (AM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK) and Antero Midstream GP (AMGP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Targa Resources investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Intel (INTC), Blackstone Group (BX), Kinder Morgan (KMI), Verizon Communications (VZ), Cisco Systems (CSCO), Targa Resources Partners (NGLS) and Pfizer (PFE).

Targa Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.76%), Harvest Fund Advisors LLC (5.61%), Tortoise Capital Advisors L.L.C. (4.23%), Kayne Anderson Capital Advisors LP (3.50%), Chickasaw Capital Management LLC (2.78%) and Bank of New York Mellon Corp (2.17%). Company insiders that own Targa Resources stock include Charles R Crisp, Chris Tong, Dan C Middlebrooks, Jeffrey J Mcparland and John Richard Klein. View Institutional Ownership Trends for Targa Resources.

TRGP stock was sold by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Jennison Associates LLC, HITE Hedge Asset Management LLC, Eagle Global Advisors LLC, Chickasaw Capital Management LLC, M&T Bank Corp, Harvest Fund Advisors LLC and Massachusetts Financial Services Co. MA. Company insiders that have sold Targa Resources company stock in the last year include Charles R Crisp and John Richard Klein. View Insider Buying and Selling for Targa Resources.

TRGP stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., RR Advisors LLC, CIBC Private Wealth Group LLC, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Yaupon Capital Management LP, Geode Capital Management LLC and Perella Weinberg Partners Capital Management LP. View Insider Buying and Selling for Targa Resources.

Shares of TRGP 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, Scottrade, Fidelity and Charles Schwab.

One share of TRGP stock can currently be purchased for approximately $42.03.

Targa Resources has a market capitalization of $9.64 billion and generates $8.81 billion in revenue each year. The pipeline company earns $54 million in net income (profit) each year or ($0.43) on an earnings per share basis. Targa Resources employs 2,130 workers across the globe.

The official website for Targa Resources is http://www.targaresources.com.

Targa Resources' mailing address is 811 LOUISIANA ST SUITE 2100, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-584-1000 or via email at [email protected]