News coverage about SemGroup Corp (NASDAQ:SEMG) has trended somewhat negative this week, according to Alpha One Sentiment. Alpha One, a division of Accern, scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SemGroup Corp earned a daily sentiment score of -0.12 on Alpha One’s scale. Alpha One also gave news articles about the company an impact score of 78 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the near term.
A number of analysts have issued reports on SEMG shares. Barclays PLC set a $36.00 target price on SemGroup Corp and gave the stock a “hold” rating in a research report on Saturday, May 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $41.00 target price (down from $42.00) on shares of SemGroup Corp in a research report on Tuesday, May 9th. Finally, Zacks Investment Research cut SemGroup Corp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. SemGroup Corp has an average rating of “Hold” and an average price target of $39.00.
Shares of SemGroup Corp (NASDAQ:SEMG) opened at 33.10 on Friday. SemGroup Corp has a 1-year low of $27.35 and a 1-year high of $43.20. The company has a market cap of $2.19 billion and a price-to-earnings ratio of 341.24. The company’s 50-day moving average price is $33.65 and its 200 day moving average price is $36.54.
SemGroup Corp (NASDAQ:SEMG) last posted its earnings results on Thursday, February 23rd. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. The firm had revenue of $402.20 million during the quarter, compared to analyst estimates of $332.33 million. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.02 earnings per share. On average, analysts predict that SemGroup Corp will post $0.81 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Monday, May 15th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Thursday, May 11th. This represents a $1.80 annualized dividend and a yield of 5.61%.
In related news, insider Carlin G. Conner acquired 7,500 shares of the firm’s stock in a transaction dated Friday, March 10th. The shares were purchased at an average cost of $33.55 per share, for a total transaction of $251,625.00. Following the acquisition, the insider now owns 165,292 shares in the company, valued at approximately $5,545,546.60. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William J. Mcadam acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, March 23rd. The stock was bought at an average price of $33.84 per share, for a total transaction of $169,200.00. Following the completion of the acquisition, the director now owns 669 shares in the company, valued at approximately $22,638.96. The disclosure for this purchase can be found here.
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SemGroup Corp Company Profile
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