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, April 18th. Shareholders 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 yield of 7.03%. The ex-dividend date of this dividend 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 Zacks' consensus estimate of ($0.02) by $0.01. The pipeline company had revenue of $2.46 billion for the quarter, compared to analysts' expectations 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.

16 Wall Street analysts have issued 1-year target prices for Targa Resources' stock. Their forecasts range from $46.00 to $68.00. On average, they expect Targa Resources' share price to reach $54.2667 in the next twelve months. This suggests a possible upside of 4.8% 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), Kinder Morgan (KMI), TC PIPELINES LP Common Stock (TRP), 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), DCP Midstream (DCP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK) and EQT Midstream Partners (EQM).

News articles about TRGP stock have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by monitoring more than 20 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 news sentiment score of 0.17 on Accern's scale. They also assigned news stories about the pipeline company an impact score of 47.34 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company'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 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 purchased 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., Grassi Investment Management, DnB Asset Management AS, State of Alaska Department of Revenue and McQueen Ball & Associates Inc.. 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 $51.78.

Targa Resources has a market capitalization of $11.31 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]