Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) Given Average Rating of "Buy" by Analysts

Shares of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Get Free Report) have been given an average rating of "Buy" by the six research firms that are currently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $45.75.

Several research firms recently issued reports on SEI. Piper Sandler started coverage on Solaris Energy Infrastructure in a research report on Thursday, February 20th. They set an "overweight" rating and a $37.00 price target on the stock. Pickering Energy Partners raised shares of Solaris Energy Infrastructure from a "neutral" rating to an "outperform" rating in a report on Wednesday, November 6th. Tudor Pickering upgraded shares of Solaris Energy Infrastructure to a "strong-buy" rating in a research report on Wednesday, January 22nd. Janney Montgomery Scott assumed coverage on shares of Solaris Energy Infrastructure in a research report on Tuesday. They set a "buy" rating and a $57.00 price objective for the company. Finally, Stifel Nicolaus raised their target price on shares of Solaris Energy Infrastructure from $42.00 to $48.00 and gave the stock a "buy" rating in a report on Monday.

Solaris Energy Infrastructure Trading Up 5.0 %

SEI stock traded up $1.62 during trading on Tuesday, reaching $34.12. The stock had a trading volume of 1,449,693 shares, compared to its average volume of 1,063,749. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.61 and a quick ratio of 3.40. The company has a fifty day moving average of $29.37. The firm has a market capitalization of $2.29 billion, a P/E ratio of 77.54 and a beta of 1.35. Solaris Energy Infrastructure has a 1-year low of $7.97 and a 1-year high of $39.03.

Remove Ads

Solaris Energy Infrastructure Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 11th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.41%. Solaris Energy Infrastructure's dividend payout ratio (DPR) is presently 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.