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FAQs
Energy Transfer LP (ET) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Energy Transfer LP is $18.44. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $22.00 ,the lowest forecast is $15.00. The average price target represents 15.68% Increase from the current price of $15.94.
Is Energy Transfer LP a good investment? ›Energy Transfer LP - Hold
Valuation metrics show that Energy Transfer LP may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of ET, demonstrate its potential to outperform the market. It currently has a Growth Score of D.
| High | $23.00 |
|---|---|
| Median | $18.00 |
| Low | $15.00 |
| Average | $18.42 |
| Current Price | $16.06 |
Energy Transfer stock price stood at $15.95
According to the latest long-term forecast, Energy Transfer price will hit $17 by the end of 2024 and then $20 by the end of 2026. Energy Transfer will rise to $25 within the year of 2029, $30 in 2030 and $35 in 2033.
ET is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 10.72, while its industry has an average P/E of 12.40. ET's Forward P/E has been as high as 13.47 and as low as 8.26, with a median of 10.33, all within the past year.
Is energy transfer a good long-term stock? ›ET Stock Forecast FAQ
Energy Transfer LP has 14.82% upside potential, based on the analysts' average price target. Is ET a Buy, Sell or Hold? Energy Transfer LP has a conensus rating of Strong Buy which is based on 8 buy ratings, 1 hold ratings and 0 sell ratings.
Energy Transfer LP is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for ET's full-year earnings has moved 24.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Who owns the most shares of Energy Transfer? ›| Holder | # of Shares | Type |
|---|---|---|
| Kelcy Warren | 298,799,984 | Insider |
| Stephen A. Schwarzman | 149,380,392 | Institution |
| Alerian | 70,598,460 | Institution |
| Aim Investment Funds (invesco Investment Funds) | 56,396,148 | Institution |
Why the stock may be one of the best investments for income-oriented investors. Since the start of 2022, Energy Transfer (ET 0.44%)has increased its distribution every quarter. However, everything has not always been smooth for the company. In fact, back in 2020, the midstream company slashed its distribution in half.
What is the Energy Transfer stock price forecast for 2024? ›According to our current ET stock forecast, the value of Energy Transfer LP shares will rise by 2.66% and reach $ 16.32 per share by May 17, 2024.
How high will ET stock go? ›
Energy Transfer LP Stock Forecast
The 7 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 18.14, with a low estimate of 14 and a high estimate of 22.
Should you jump into Energy Transfer stock for the 9% dividend? With the exception of a global recession, the payout should remain stable, and likely for years to come. Just know that this is not a stock worth owning forever.
Is energy transfer undervalued? ›The intrinsic value of one ET stock under the Base Case scenario is 26.5 USD. Compared to the current market price of 16.02 USD, Energy Transfer LP is Undervalued by 40%.
Is ET a safe stock to buy? ›ET Signals & Forecast
The Energy Transfer stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Energy Transfer has an employee rating of 3.7 out of 5 stars, based on 572 company reviews on Glassdoor which indicates that most employees have a good working experience there.
Who are the largest shareholders of ET? ›Largest shareholders include Blackstone Group Inc, Goldman Sachs Group Inc, Alps Advisors Inc, AMLP - ALERIAN MLP ETF, Morgan Stanley, Invesco Ltd., Bank Of America Corp /de/, MLPRX - Invesco Oppenheimer SteelPath MLP Income Fund Class C, Tortoise Capital Advisors, L.l.c., and Jpmorgan Chase & Co .
Why is the ET dividend so high? ›Energy Transfer is the latter type of business. It owns assets that, while expensive to initially construct, eventually generate high levels of extra cash, the reason for the stock's high dividend over the years.
Is Energy Transfer a good dividend stock? ›As of today, Energy Transfer LP currently has a 12-month trailing dividend yield of 7.67% and a 12-month forward dividend yield of 7.82%. This suggests an expectation of increased dividend payments over the next 12 months. Over the past three years, Energy Transfer LP's annual dividend growth rate was 5.00%.
Is LPLA a buy or sell? ›What do analysts say about LPL Financial? LPL Financial's analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.