What is AltaGas' stock price target for 2024?

0 brokerages have issued 12 month target prices for AltaGas' shares. Their ATGFF share price targets range from $25.00 to $27.00. On average, they expect the company's share price to reach $26.25 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View analysts price targets for ATGFF or view top-rated stocks among Wall Street analysts .

How have ATGFF shares performed in 2024?

AltaGas' stock was trading at $20.88 at the start of the year. Since then, ATGFF stock has increased by 2.5% and is now trading at $21.41. View the best growth stocks for 2024 here .

Are investors shorting AltaGas?

AltaGas saw a increase in short interest in March. As of March 31st, there was short interest totaling 5,054,700 shares, an increase of 9.7% from the March 15th total of 4,606,300 shares. Based on an average trading volume of 58,700 shares, the days-to-cover ratio is currently 86.1 days. View AltaGas' Short Interest .

When is AltaGas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our ATGFF earnings forecast .

Is AltaGas a good dividend stock?

AltaGas (OTCMKTS:ATGFF) pays an annual dividend of $1.50 per share and currently has a dividend yield of 4.53%. ATGFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of AltaGas?

Shares of ATGFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:ATGFF

AltaGas (ATGFF) Stock Price, News & Analysis

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$21.41

+0.38 (+1.81%)

(As of 04/18/2024 ET)

Compare

Today's Range: $21.35
▼
$21.43
50-Day Range: $19.94
▼
$22.07
52-Week Range: $16.41
▼
$22.07

Volume: 2,466 shs
Average Volume: 51,426 shs
Market Capitalization: N/A

P/E Ratio: 19.49
Dividend Yield: 7.02%
Price Target: $26.25

Stock Analysis Analyst Forecasts Chart Financials Headlines SEC Filings Short Interest

Get AltaGas alerts:

AltaGas MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 22.6% Upside
$26.25 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.80
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.21 out of 5 stars

1.0

Analyst's Opinion

Amount of Analyst Coverage
AltaGas has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
AltaGas has a short interest ratio ("days to cover") of 86.1, which indicates bearish sentiment.
Change versus previous month
Short interest in AltaGas has recently increased by 9.73%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
AltaGas is a leading dividend payer. It pays a dividend yield of 4.53%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AltaGas does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of AltaGas is 136.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ATGFF.

2.7

News and Social Media Coverage

News Sentiment
AltaGas has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for AltaGas this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AltaGas insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 28.70% of the stock of AltaGas is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of AltaGas is 19.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of AltaGas is 19.49, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.01.

See Top Rated MarketRank™ Stocks Here

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About AltaGas Stock (OTCMKTS:ATGFF)

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering, processing, and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatt of power in California. It serves residential, commercial, and industrial customers. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

ATGFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ATGFF Stock News Headlines

April 17, 2024 | markets.businessinsider.com

Optimistic Outlook for Canadian Midstream Sector: Buy Rating on AltaGas Amidst Growth and Strong Fundamentals

April 17, 2024 | americanbankingnews.com

AltaGas Ltd. (OTCMKTS:ATGFF) Short Interest Update

April 19, 2024 | InvestorPlace (Ad)

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April 14, 2024 | americanbankingnews.com

Contrasting AltaGas (OTCMKTS:ATGFF) and DHT (NYSE:DHT)

March 12, 2024 | finance.yahoo.com

ALTAGAS LTD. ANNOUNCES AGGREGATE $600 MILLION MEDIUM TERM NOTE OFFERINGS

March 10, 2024 | seekingalpha.com

AltaGas Ltd. (ATGFF) Q4 2023 Earnings Call Transcript

March 8, 2024 | marketwatch.com

AltaGas 4Q Profit Rises, Sets Growth Outlook for 2024

March 7, 2024 | markets.businessinsider.com

AltaGas is about to announce its earnings — here's what Wall Street expects

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February 20, 2024 | msn.com

Equitrans edges higher as strong Q4, strategic review outweigh MVP delay

February 13, 2024 | msn.com

U.S. appeals court rejects latest challenge to Mountain Valley Pipeline

January 3, 2024 | ca.finance.yahoo.com

ALTAGAS LTD. ANNOUNCES $400 MILLION MEDIUM TERM NOTE OFFERING

January 3, 2024 | msn.com

Altagas announces C$400M medium term note offering

December 16, 2023 | seekingalpha.com

AltaGas: Not Cheap But I Like The Growth Projections

December 13, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These NA Stocks: Vital Energy (VTLE) and AltaGas (OtherATGFF)

December 13, 2023 | msn.com

AltaGas looking ahead towards Ridley Island Energy Export Facility project

December 11, 2023 | theglobeandmail.com

Closing Bell: AltaGas Ltd Pref Ser E flat on Monday (ALA-PR-E)

December 7, 2023 | markets.businessinsider.com

Scotiabank Keeps Their Buy Rating on AltaGas (ATGFF)

December 7, 2023 | msn.com

Altagas reports 2024 guidance; 6% dividend increase

December 5, 2023 | marketwatch.com

AltaGas Hikes Dividend on 2024 Growth Expectations

November 23, 2023 | ca.finance.yahoo.com

ALTAGAS TO HOST 2023 INVESTOR DAY

November 16, 2023 | morningstar.com

AltaGas Ltd ATGFF

November 7, 2023 | markets.businessinsider.com

Buy Rating on AltaGas: Potential Growth, Attractive Valuation, and Reduced Debt

November 3, 2023 | marketwatch.com

AltaGas 3Q Loss Widens, Revenue Falls

November 3, 2023 | msn.com

AltaGas GAAP EPS of -$0.18

November 2, 2023 | markets.businessinsider.com

Here's what Wall Street expects from AltaGas's earnings

October 23, 2023 | finance.yahoo.com

CN Announces Long-Term Transportation Agreement with AltaGas

See More Headlines

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 4/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Energy
Industry: Oil & Gas Midstream
Sub-Industry: N/A
Current Symbol: OTCMKTS:ATGFF
CUSIP: N/A
CIK: 1695519
Web: www.altagas.ca
Phone: (403) 691-7575
Fax: N/A
Employees: 3,045
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.25
High Stock Price Target: $27.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +24.8%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 19.14
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Vernon D. Yu (Age 57)
President, CEO & Non-Independent Director
Comp: $2.46M
Mr. D. James Harbilas B.Com. (Age 54)
C.A., CPA, Executive VP & CFO
Comp: $876.33k
Ms. Corine Renne Knight Bushfield B.Comm (Age 49)
CA, CPA, Executive VP & Chief Administrative Officer
Comp: $770.97k
Mr. Randy W. Toone B.Sc.
P.Eng, Executive VP & President of Midstream
Mr. Donald M. Jenkins B.Sc. (Age 51)
M.B.A., Executive VP & President of Utilities
Comp: $1.09M
Mr. Jon Morrison
Senior Vice President of Investor Relations & Corporate Development
Mr. Bradley B. Grant B.Comm
Esq., LLB, MBA, Executive VP & Chief Legal Officer
Mr. Kent E. Stout
Senior Vice President of Organizational Development
David Anderson
Senior Vice President of Corporate Environmental Health & Safety
Ms. Jimmi Duce
Corporate Secretary

Key Competitors

View All Competitors

ATGFF Stock Analysis - Frequently Asked Questions

What is AltaGas' stock price target for 2024?: 0 brokerages have issued 12 month target prices for AltaGas' shares. Their ATGFF share price targets range from $25.00 to $27.00. On average, they expect the company's share price to reach $26.25 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for ATGFF or view top-rated stocks among Wall Street analysts.
How have ATGFF shares performed in 2024?: AltaGas' stock was trading at $20.88 at the start of the year. Since then, ATGFF stock has increased by 2.5% and is now trading at $21.41.
View the best growth stocks for 2024 here.
Are investors shorting AltaGas?: AltaGas saw a increase in short interest in March. As of March 31st, there was short interest totaling 5,054,700 shares, an increase of 9.7% from the March 15th total of 4,606,300 shares. Based on an average trading volume of 58,700 shares, the days-to-cover ratio is currently 86.1 days.
View AltaGas' Short Interest.
When is AltaGas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our ATGFF earnings forecast.

Is AltaGas a good dividend stock?: AltaGas (OTCMKTS:ATGFF) pays an annual dividend of $1.50 per share and currently has a dividend yield of 4.53%. ATGFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of AltaGas?: Shares of ATGFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ATGFF) was last updated on 4/19/2024 by MarketBeat.com Staff

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AltaGas (ATGFF) Stock Price, News & Analysis

AltaGas MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About AltaGas Stock (OTCMKTS:ATGFF)

ATGFF Stock Price History

ATGFF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ATGFF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™