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Targa Resources Corp. (TRGP)

NYSE - NYSE Delayed price. Currency in USD
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117.68+0.78 (+0.67%)
At close: 04:00PM EDT
116.48 -1.20 (-1.02%)
After hours: 06:07PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 26.19B
Enterprise value 39.06B
Trailing P/E 32.15
Forward P/E 24.69
PEG ratio (5-yr expected) 1.44
Price/sales (ttm)1.66
Price/book (mrq)9.56
Enterprise value/revenue 2.43
Enterprise value/EBITDA 9.86

Trading information

Stock price history

Beta (5Y monthly) 2.22
52-week change 355.81%
S&P500 52-week change 321.08%
52-week high 3117.87
52-week low 367.36
50-day moving average 3107.43
200-day moving average 390.49

Share statistics

Avg vol (3-month) 31.8M
Avg vol (10-day) 31.74M
Shares outstanding 5222.54M
Implied shares outstanding 6223.22M
Float 8219.38M
% held by insiders 11.48%
% held by institutions 194.11%
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 42.57%
Trailing annual dividend rate 32.00
Trailing annual dividend yield 31.71%
5-year average dividend yield 45.42
Payout ratio 450.55%
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 Dec 2023

Profitability

Profit margin 8.38%
Operating margin (ttm)14.98%

Management effectiveness

Return on assets (ttm)8.16%
Return on equity (ttm)32.93%

Income statement

Revenue (ttm)16.06B
Revenue per share (ttm)71.51
Quarterly revenue growth (yoy)-6.90%
Gross profit (ttm)N/A
EBITDA 3.96B
Net income avi to common (ttm)828.2M
Diluted EPS (ttm)3.66
Quarterly earnings growth (yoy)-5.80%

Balance sheet

Total cash (mrq)141.7M
Total cash per share (mrq)0.63
Total debt (mrq)13.03B
Total debt/equity (mrq)282.69%
Current ratio (mrq)0.80
Book value per share (mrq)12.31

Cash flow statement

Operating cash flow (ttm)3.21B
Levered free cash flow (ttm)211.2M