Solaris Energy Infrastructure (NASDAQ:SEI) Given New $48.00 Price Target at Stifel Nicolaus

Solaris Energy Infrastructure (NASDAQ:SEI) had its price target lifted by Stifel Nicolaus from $42.00 to $48.00 in a research report sent to investors on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

SEI has been the topic of several other research reports. Piper Sandler initiated coverage on Solaris Energy Infrastructure in a research note on Thursday, February 20th. They issued an “overweight” rating and a $37.00 price target on the stock. Pickering Energy Partners raised 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 note on Wednesday, January 22nd. Finally, Tudor, Pickering, Holt & Co. began coverage on shares of Solaris Energy Infrastructure in a research note on Wednesday, January 22nd. They issued a “buy” rating and a $41.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Solaris Energy Infrastructure currently has an average rating of “Buy” and a consensus price target of $45.75.

Solaris Energy Infrastructure Price Performance

Shares of NASDAQ:SEI opened at $32.85 on Monday. Solaris Energy Infrastructure has a 1 year low of $7.49 and a 1 year high of $39.03. The company has a market capitalization of $2.20 billion, a PE ratio of 74.66 and a beta of 1.35. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.61 and a quick ratio of 3.40. The company has a 50 day moving average price of $29.25.

Solaris Energy Infrastructure Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 11th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Tuesday, March 11th. Solaris Energy Infrastructure’s payout ratio is 97.96%.

About Solaris Energy Infrastructure

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.