Tidewater Midstream and Infrastructure - TWM Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tidewater Midstream and Infrastructure in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TWM shares.
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6 analysts have issued twelve-month target prices for Tidewater Midstream and Infrastructure's stock. Their TWM share price forecasts range from C$1.10 to C$2.15. On average, they anticipate the company's share price to reach C$1.46 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price.
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Tidewater Midstream and Infrastructure's stock was trading at C$1.01 at the beginning of the year. Since then, TWM stock has decreased by 10.9% and is now trading at C$0.90.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
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Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) released its quarterly earnings results on Thursday, March, 9th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.05. The business earned $711.10 million during the quarter, compared to analysts' expectations of $712 million. Tidewater Midstream and Infrastructure had a trailing twelve-month return on equity of 2.72% and a net margin of 0.30%.

Tidewater Midstream and Infrastructure declared a quarterly dividend on Thursday, March 23rd. Stockholders of record on Friday, March 31st will be paid a dividend of 0.01 per share on Friday, April 28th. This represents a $0.04 annualized dividend and a yield of 4.44%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for TWM.

Tidewater Midstream and Infrastructure (TSE:TWM) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 4.40%. TWM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TWM.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tidewater Midstream and Infrastructure investors own include Exchange Income (EIF), Freehold Royalties (FRU), Jaguar Mining (JAG), Keyera (KEY), Ag Growth International (AFN), Automotive Properties Real Est Invt TR (APR.UN), Algonquin Power & Utilities (AQN), Bank of Nova Scotia (BNS) and Chemtrade Logistics Income Fund (CHE.UN).

Tidewater Midstream and Infrastructure trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TWM."

Shares of TWM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of TWM stock can currently be purchased for approximately C$0.90.

Tidewater Midstream and Infrastructure (TSE:TWM) has a market capitalization of C$382.14 million and generates C$2.88 billion in revenue each year. The company earns C$8.50 million in net income (profit) each year or C$0.02 on an earnings per share basis.

The company employs 419 workers across the globe.

The official website for the company is www.tidewatermidstream.com. The company can be reached via phone at 587-475-0210.