Shares of Semgroup Corporation (NYSE:SEMG) traded down 1.6% during trading on Monday . The stock traded as low as $23.35 and last traded at $25.05. 835,900 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 795,272 shares. The stock had previously closed at $25.45.

Several equities analysts recently weighed in on SEMG shares. BidaskClub lowered shares of Semgroup Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Zacks Investment Research upgraded shares of Semgroup Corporation from a “sell” rating to a “hold” rating and set a $29.00 price target for the company in a research report on Friday, July 21st. Wells Fargo & Company lowered shares of Semgroup Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday, July 17th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $33.00 price target on shares of Semgroup Corporation in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $33.60.

The stock has a market cap of $1,971.06, a PE ratio of 19.88, a price-to-earnings-growth ratio of 2.58 and a beta of 2.08. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.01 and a current ratio of 1.24.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 20th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, November 17th. This represents a $1.80 dividend on an annualized basis and a yield of 7.19%. Semgroup Corporation’s dividend payout ratio is presently -2,250.00%.

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Semgroup Corporation Company Profile

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