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 announced a quarterly dividend on Wednesday, April 18th. Stockholders of record on Tuesday, May 1st will be paid a dividend of $0.91 per share on Tuesday, May 15th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date is Monday, April 30th. View Targa Resources' Dividend History.

Targa Resources Corp (NYSE:TRGP) issued its quarterly earnings results on Thursday, May, 3rd. The pipeline company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.01. The pipeline company had revenue of $2.46 billion for the quarter, compared to the consensus estimate 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 Wednesday, August, 1st 2018. View Earnings Estimates for Targa Resources.

15 brokerages have issued 12 month price objectives for Targa Resources' stock. Their predictions range from $46.00 to $68.00. On average, they expect Targa Resources' share price to reach $53.7143 in the next year. View Analyst Ratings for Targa Resources.

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), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Western Gas Partners (WES), EQT GP (EQGP), Antero Midstream Partners (AM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK) and EQT Midstream Partners (EQM).

Headlines about TRGP stock have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring 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 positive one, with scores nearest to one being the most favorable. Targa Resources earned a media sentiment score of 0.08 on Accern's scale. They also assigned headlines about the pipeline company an impact score of 45.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Targa Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.58%), OppenheimerFunds Inc. (3.85%), Tortoise Capital Advisors L.L.C. (3.59%), Tortoise Capital Advisors L.L.C. (3.59%), Kayne Anderson Capital Advisors LP (3.47%) and Brookfield Asset Management Inc. (3.06%). 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 Blackstone Group L.P., OppenheimerFunds Inc., Boston Partners, Dimensional Fund Advisors LP, State of Wisconsin Investment Board, Infrastructure Capital Advisors LLC, Swiss National Bank and Reaves W H & Co. Inc.. 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 Brookfield Asset Management Inc., Summit Trail Advisors LLC, Neuberger Berman Group LLC, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Zimmer Partners LP, Point72 Asset Management L.P. and Global X Management Co. LLC. 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 $48.44.

Targa Resources has a market capitalization of $10.82 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]