NYSE:TRGP - Targa Resources Stock Price, Price Target & More

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

Targa Resources declared a quarterly dividend on Wednesday, July 18th. Shareholders of record on Wednesday, August 1st will be paid a dividend of $0.91 per share on Wednesday, August 15th. This represents a $3.64 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date of this dividend is Tuesday, July 31st. View Targa Resources' Dividend History.

Targa Resources Corp (NYSE:TRGP) posted its earnings results on Thursday, May, 3rd. The pipeline company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The pipeline company had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.70 billion. Targa Resources had a net margin of 1.82% and a return on equity of 0.88%. View Targa Resources' Earnings History.

Targa Resources is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Targa Resources.

16 analysts have issued 12 month target prices for Targa Resources' stock. Their predictions range from $46.00 to $68.00. On average, they expect Targa Resources' stock price to reach $54.2667 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Ratings for Targa Resources.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Targa Resources in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Targa Resources include Williams Partners (WPZ), TC PIPELINES LP Common Stock (TRP), Kinder Morgan (KMI), National Grid (NGG), Williams Companies (WMB), Energy Transfer Equity LP Unit (ETE), Spectra Energy Partners (SEP), Enable Midstream Partners (ENBL), Western Gas Equity Partners (WGP), Western Gas Partners (WES), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK) and EQT Midstream Partners (EQM).

Headlines about TRGP stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Targa Resources earned a media sentiment score of 0.12 on Accern's scale. They also assigned media stories about the pipeline company an impact score of 45.84 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Targa Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors include Miller Howard Investments Inc. NY (0.16%), Spirit of America Management Corp NY (0.13%), McQueen Ball & Associates Inc. (0.11%), Port Capital LLC (0.10%), ELCO Management Co. LLC (0.05%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%). Company insiders that own Targa Resources stock include Charles R Crisp, D Scott Pryor, Dan C Middlebrooks, Jeffrey J Mcparland, Joe Bob Perkins, John Richard Klein, Michael A Heim and Paul W Chung. View Institutional Ownership Trends for Targa Resources.

TRGP stock was sold by a variety of institutional investors in the last quarter, including Fjarde AP Fonden Fourth Swedish National Pension Fund, Creative Planning and Spirit of America Management Corp NY. Company insiders that have sold Targa Resources company stock in the last year include Dan C Middlebrooks 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 Miller Howard Investments Inc. NY, Bank of Montreal Can, Calamos Advisors LLC, NN Investment Partners Holdings N.V., Nisa Investment Advisors LLC, Grassi Investment Management, DnB Asset Management AS and State of Alaska Department of Revenue. 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 $51.63.

Targa Resources has a market capitalization of $11.44 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.

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]