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Targa Resources Corp. (TRGP)

NYSE - NYSE Delayed price. Currency in USD
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112.31-0.68 (-0.60%)
At close: 04:00PM EDT
113.00 +0.69 (+0.61%)
Pre-market: 09:00AM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 24.90B
Enterprise value 37.92B
Trailing P/E 23.16
Forward P/E 25.38
PEG ratio (5-yr expected) 1.48
Price/sales (ttm)1.57
Price/book (mrq)9.21
Enterprise value/revenue 2.36
Enterprise value/EBITDA 9.58

Trading information

Stock price history

Beta (5Y monthly) 2.22
52-week change 358.58%
S&P500 52-week change 322.38%
52-week high 3117.87
52-week low 367.36
50-day moving average 3109.45
200-day moving average 391.40

Share statistics

Avg vol (3-month) 31.83M
Avg vol (10-day) 31.63M
Shares outstanding 5221.72M
Implied shares outstanding 6221.72M
Float 8217.95M
% held by insiders 11.48%
% held by institutions 194.52%
Shares short (15 Apr 2024) 43.99M
Short ratio (15 Apr 2024) 42.31
Short % of float (15 Apr 2024) 42.07%
Short % of shares outstanding (15 Apr 2024) 41.79%
Shares short (prior month 15 Mar 2024) 44.32M

Dividends & splits

Forward annual dividend rate 43
Forward annual dividend yield 42.67%
Trailing annual dividend rate 32.25
Trailing annual dividend yield 31.99%
5-year average dividend yield 45.31
Payout ratio 441.24%
Dividend date 315 May 2024
Ex-dividend date 429 Apr 2024
Last split factor 2N/A
Last split date 3N/A

Financial highlights

Fiscal year

Fiscal year ends 31 Dec 2023
Most-recent quarter (mrq)31 Mar 2024

Profitability

Profit margin 6.98%
Operating margin (ttm)14.02%

Management effectiveness

Return on assets (ttm)7.62%
Return on equity (ttm)30.18%

Income statement

Revenue (ttm)16.1B
Revenue per share (ttm)71.98
Quarterly revenue growth (yoy)0.90%
Gross profit (ttm)N/A
EBITDA 3.78B
Net income avi to common (ttm)1.1B
Diluted EPS (ttm)4.85
Quarterly earnings growth (yoy)-44.60%

Balance sheet

Total cash (mrq)109.9M
Total cash per share (mrq)0.5
Total debt (mrq)13.13B
Total debt/equity (mrq)286.89%
Current ratio (mrq)0.70
Book value per share (mrq)12.17

Cash flow statement

Operating cash flow (ttm)2.92B
Levered free cash flow (ttm)-9.19M