2 weeks Ago By ABMN Staff
AltaGas ( TSE:ALA – Free Report ) had its price target hoisted by Jefferies Financial Group from C$37.00 to C$39.00 in a research note released on Monday, BayStreet.
CA reports. The brokerage currently has a buy rating on the stock. Other equities analysts also recently issued reports about the stock.
CIBC upped their price target on shares of AltaGas from C$38.00 to C$40.00 in a research note on Monday, July 15th.
Raymond James upped their price target on shares of AltaGas from C$35.00 to C$37.00 and gave the stock an outperform rating in a research note on Friday, August 2nd.
JPMorgan Chase & Co. upped their price target on shares of AltaGas from C$33.00 to C$36.
00 in a research note on Friday, July 19th. BMO Capital Markets upped their price target on shares of AltaGas from C$37.00 to C$40.
00 in a research note on Thursday, September 5th. Finally, Scotiabank upped their price target on shares of AltaGas from C$36.00 to C$38.
00 and gave the stock an outperform rating in a research note on Tuesday, August 20th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of Buy and an average price target of C$37.
60. View Our Latest Stock Analysis on AltaGas AltaGas Price Performance AltaGas ( TSE:ALA – Get Free Report ) last announced its earnings results on Thursday, August 1st. The company reported C$0.
14 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.12 by C$0.02.
AltaGas had a net margin of 3.58% and a return on equity of 5.78%.
The company had revenue of C$2.78 billion for the quarter, compared to the consensus estimate of C$2.54 billion.
Equities analysts expect that AltaGas will post 2.299654 earnings per share for the current fiscal year. AltaGas Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, September 27th.
Shareholders of record on Friday, September 27th were issued a dividend of $0.298 per share. This represents a $1.
19 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date was Monday, September 16th.
AltaGas’s dividend payout ratio (DPR) is 82.07%. Insider Buying and Selling at AltaGas In other AltaGas news, Senior Officer Randy Warren Toone sold 3,000 shares of the company’s stock in a transaction dated Thursday, August 29th.
The shares were sold at an average price of C$33.82, for a total transaction of C$101,460.00.
In other news, Director Aaron Bishop sold 19,820 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$33.58, for a total transaction of C$665,555.
60. Also, Senior Officer Randy Warren Toone sold 3,000 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of C$33.
82, for a total transaction of C$101,460.00. Insiders sold 33,320 shares of company stock worth $1,125,051 over the last ninety days.
Company insiders own 0.58% of the company’s stock. AltaGas Company Profile ( Get Free Report ) AltaGas Ltd.
operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.
6 million customers. See Also Receive News & Ratings for AltaGas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AltaGas and related companies with MarketBeat.com's FREE daily email newsletter .
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