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

Shares of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) have been given an average rating of “Buy” by the six brokerages that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $45.75.

A number of brokerages have issued reports on SEI. Pickering Energy Partners upgraded shares of Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 6th. Tudor Pickering raised Solaris Energy Infrastructure to a “strong-buy” rating in a research report on Wednesday, January 22nd. Stifel Nicolaus raised their target price on Solaris Energy Infrastructure from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Monday. Janney Montgomery Scott began coverage on Solaris Energy Infrastructure in a research note on Tuesday. They set a “buy” rating and a $57.00 price target on the stock. Finally, Tudor, Pickering, Holt & Co. started coverage on Solaris Energy Infrastructure in a research note on Wednesday, January 22nd. They issued a “buy” rating and a $41.00 price objective for the company.

Solaris Energy Infrastructure Stock Down 6.2 %

SEI opened at $33.73 on Tuesday. The firm’s 50-day moving average is $29.06. The firm has a market capitalization of $2.26 billion, a P/E ratio of 76.65 and a beta of 1.35. The company has a current ratio of 3.61, a quick ratio of 3.40 and a debt-to-equity ratio of 0.77. Solaris Energy Infrastructure has a 52-week low of $7.49 and a 52-week high of $39.03.

Solaris Energy Infrastructure Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 11th will be given 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 1.42%. Solaris Energy Infrastructure’s dividend payout ratio is presently 109.09%.

Solaris Energy Infrastructure Company Profile

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.