Somewhat Positive News Coverage Somewhat Unlikely to Affect Semgroup (SEMG) Share Price
News coverage about Semgroup (NYSE:SEMG) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Semgroup earned a news impact score of 0.10 on Accern’s scale. Accern also assigned headlines about the pipeline company an impact score of 46.3679653214102 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of brokerages recently weighed in on SEMG. BidaskClub cut shares of Semgroup from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. Barclays decreased their price target on shares of Semgroup from $32.00 to $29.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 29th. Royal Bank Of Canada reiterated a “buy” rating and set a $33.00 price target on shares of Semgroup in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Semgroup from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. Finally, SunTrust Banks set a $29.00 price target on shares of Semgroup and gave the stock a “buy” rating in a research note on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Semgroup currently has a consensus rating of “Hold” and a consensus target price of $31.00.
Shares of Semgroup (NYSE:SEMG) opened at $25.00 on Wednesday. Semgroup has a 52 week low of $21.35 and a 52 week high of $43.20. The company has a market cap of $1,939.58, a price-to-earnings ratio of 19.56 and a beta of 2.04. The company has a quick ratio of 1.01, a current ratio of 1.24 and a debt-to-equity ratio of 1.78.
The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 20th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 7.20%. The ex-dividend date of this dividend was Friday, November 17th. Semgroup’s dividend payout ratio (DPR) is presently -2,250.00%.
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Semgroup Company Profile
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