Adams Resources & Energy - AE Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adams Resources & Energy 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" AE shares.
View AE analyst ratings or view top-rated stocks.

1 analysts have issued 1 year price objectives for Adams Resources & Energy's stock. Their AE share price forecasts range from $55.00 to $55.00. On average, they predict the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for AE or view top-rated stocks among Wall Street analysts.

Adams Resources & Energy's stock was trading at $38.6401 at the beginning of the year. Since then, AE stock has increased by 40.4% and is now trading at $54.24.
View the best growth stocks for 2023 here.

Adams Resources & Energy saw a increase in short interest in January. As of January 15th, there was short interest totaling 17,000 shares, an increase of 136.1% from the December 31st total of 7,200 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.7% of the company's stock are sold short.
View Adams Resources & Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023.
View our AE earnings forecast.

Adams Resources & Energy, Inc. (NYSEAMERICAN:AE) released its quarterly earnings results on Thursday, November, 10th. The energy company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.36. The energy company had revenue of $852.90 million for the quarter, compared to analyst estimates of $952.11 million. Adams Resources & Energy had a trailing twelve-month return on equity of 5.38% and a net margin of 0.42%.

Adams Resources & Energy announced a quarterly dividend on Friday, November 11th. Investors of record on Friday, December 2nd will be paid a dividend of $0.24 per share on Friday, December 16th. This represents a $0.96 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Thursday, December 1st.
Read our dividend analysis for AE.

Adams Resources & Energy (NYSEAMERICAN:AE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.94%. The dividend payout ratio is 31.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AE will have a dividend payout ratio of 23.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Adams Resources & Energy investors own include (JPEP) (JPEP), Enterprise GP (EPE), Energy Transfer (ET), Gilead Sciences (GILD), Intel (INTC), Pfizer (PFE), Tapestry (TPR), AbbVie (ABBV), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

Adams Resources & Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "AE."

Adams Resources & Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.35%) and Ritholtz Wealth Management (0.26%). Insiders that own company stock include Dennis E Dominic, John O Jr Niemann, Kevin J Roycraft and Tracy E Ohmart.
View institutional ownership trends.

Shares of AE 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.
Compare Top Brokerages Here.

One share of AE stock can currently be purchased for approximately $54.24.

Adams Resources & Energy (NYSEAMERICAN:AE) has a market capitalization of $132.89 million and generates $2.03 billion in revenue each year. The energy company earns $11.89 million in net income (profit) each year or $3.09 on an earnings per share basis.

The company employs 710 workers across the globe.

Adams Resources & Energy's mailing address is 17 S Briar Hollow Ln, HOUSTON, TX 77027-3155, United States. The official website for the company is www.adamsresources.com. The energy company can be reached via phone at (713) 881-3600, via email at tohmart@adamsresources.com, or via fax at 713-881-3408.