Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Semgroup Corporation (SEMG) Share Price
News coverage about Semgroup Corporation (NYSE:SEMG) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Semgroup Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the pipeline company an impact score of 46.8674956551881 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Semgroup Corporation (NYSE:SEMG) Plans Quarterly Dividend of $0.45 (americanbankingnews.com)
- SemGroup subsidiary to build gas plant (journalrecord.com)
- SemCAMS Announces License Application for New Sour Gas Facility to Further Service Development of the Montney Formation (globenewswire.com)
- SemGroup Corp. :SEMG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017 (finance.yahoo.com)
- SemCAMS Announces License Application for New Sour Gas Facility to Further Service Development of the Montney Formation (finance.yahoo.com)
A number of research analysts have issued reports on SEMG shares. BidaskClub upgraded Semgroup Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Morgan Stanley reduced their price target on Semgroup Corporation from $39.00 to $32.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 21st. Barclays PLC lowered Semgroup Corporation from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $36.00 to $32.00 in a research report on Wednesday, June 14th. Royal Bank Of Canada reduced their price target on Semgroup Corporation from $41.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday, June 22nd. Finally, Wells Fargo & Company lowered Semgroup Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday, July 17th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $34.00.
Shares of Semgroup Corporation (NYSE:SEMG) traded down 0.42% during mid-day trading on Friday, hitting $23.75. The stock had a trading volume of 1,255,838 shares. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 235.15 and a beta of 2.03. Semgroup Corporation has a 12-month low of $22.55 and a 12-month high of $43.20. The firm’s 50-day moving average price is $25.96 and its 200 day moving average price is $32.12.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Friday, August 18th will be paid a $0.45 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $1.80 annualized dividend and a dividend yield of 7.58%. Semgroup Corporation’s dividend payout ratio (DPR) is currently 6,000.00%.
Semgroup Corporation Company Profile
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