Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) Given Consensus Rating of “Buy” by Analysts

Shares of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) have earned an average recommendation of “Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $45.75.

A number of equities analysts have recently weighed in on the company. Piper Sandler assumed coverage on Solaris Energy Infrastructure in a research note on Thursday, February 20th. They issued an “overweight” rating and a $37.00 target price on the stock. Pickering Energy Partners upgraded Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 6th. Tudor, Pickering, Holt & Co. started coverage on shares of Solaris Energy Infrastructure in a report on Wednesday, January 22nd. They issued a “buy” rating and a $41.00 price target on the stock. Janney Montgomery Scott started coverage on shares of Solaris Energy Infrastructure in a report on Tuesday, February 25th. They issued a “buy” rating and a $57.00 price target on the stock. Finally, Tudor Pickering raised shares of Solaris Energy Infrastructure to a “strong-buy” rating in a report on Wednesday, January 22nd.

Solaris Energy Infrastructure Stock Down 7.4 %

Shares of NASDAQ SEI opened at $31.62 on Tuesday. Solaris Energy Infrastructure has a twelve month low of $7.97 and a twelve month high of $39.03. The business has a 50 day simple moving average of $29.59. The stock has a market cap of $2.12 billion, a P/E ratio of 71.86 and a beta of 1.35. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.61 and a quick ratio of 3.40.

Solaris Energy Infrastructure Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 11th will be issued a dividend of $0.12 per share. The ex-dividend date is Tuesday, March 11th. This represents a $0.48 dividend on an annualized basis and a yield of 1.52%. Solaris Energy Infrastructure’s payout ratio is 97.96%.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.