Shares of Energy Transfer LP (NYSE:ET – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $21.60.
Several equities analysts have recently issued reports on the company. Wells Fargo & Company upped their target price on Energy Transfer from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Barclays reaffirmed an “overweight” rating and issued a $22.00 target price (down from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Energy Transfer in a report on Wednesday, February 18th. UBS Group reaffirmed a “buy” rating on shares of Energy Transfer in a report on Wednesday, January 7th. Finally, Morgan Stanley upped their target price on Energy Transfer from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th.
Check Out Our Latest Stock Report on ET
Hedge Funds Weigh In On Energy Transfer
Energy Transfer Stock Performance
Shares of Energy Transfer stock opened at $18.85 on Monday. The company has a market cap of $64.83 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.05 and a beta of 0.62. Energy Transfer has a 52 week low of $15.80 and a 52 week high of $19.85. The business has a 50 day moving average price of $18.85 and a 200-day moving average price of $17.58. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.50.
Energy Transfer (NYSE:ET – Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.09). The company had revenue of $25.32 billion during the quarter, compared to analysts’ expectations of $23.56 billion. Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The business’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. Equities analysts anticipate that Energy Transfer will post 1.46 earnings per share for the current fiscal year.
Energy Transfer Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were issued a $0.335 dividend. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. This represents a $1.34 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend was Friday, February 6th. Energy Transfer’s dividend payout ratio is currently 110.74%.
Key Headlines Impacting Energy Transfer
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Near‑term demand boost and dividend focus — Seeking Alpha argues Energy Transfer benefits from Iran conflict disruptions (higher U.S. NGL export demand and transport volumes) while its fee‑based business model and expansion projects underpin dividend growth and steady cash flow. Seeking Alpha: Energy Transfer: Energy Price Fluctuations Are Noisy, Dividend Is The Signal
- Positive Sentiment: Buying case highlighted — The Motley Fool notes the stock trading under $20 may be a time to buy given existing large deals and pipeline of projects that could drive cash flow and support the payout. The Fool: The Clock May Be Ticking on Energy Transfer Stock Trading Under $20
- Positive Sentiment: Income investor interest — Articles rounding up high‑yield dividend ideas (Barchart, 247WallSt) repeatedly include ET as a yield play, which can support demand from income-focused funds and retail buyers. Barchart: 3 Dividend Stocks Yielding Over 7% 247WallSt: The $40,000 Dividend Raise Hiding in These Four Tickers
- Neutral Sentiment: Trending attention but no new catalyst — Zacks/Yahoo pieces note the stock is trending among readers and recap fundamentals (yield, growth outlook) without adding fresh company‑specific news; useful for sentiment gauge but not a standalone catalyst. Zacks: Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock Yahoo: Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
- Neutral Sentiment: Ticker confusion risk — A recent Yahoo item about Evertz Technologies (TSX:ET) is unrelated but can create ticker confusion among scanners; not relevant to Energy Transfer’s fundamentals. Yahoo: How The Evertz Technologies (TSX:ET) Investment Story Is Shifting
- Negative Sentiment: Mixed fundamentals weigh — ET’s most recent quarter showed a revenue beat but an EPS miss, and trading volume today is below average; that mixed earnings signal plus modest volatility can keep the stock from rallying despite yield appeal. (Background quarterly results and valuation metrics referenced.)
About Energy Transfer
Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.
Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.
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