Energy Transfer (NYSE:ET) Trading Down 1.4% - What's Next?

Market Beat
2025.03.10 20:19
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Energy Transfer LP (NYSE:ET) saw a 1.4% decline in trading, closing at $17.22. Analysts have set new price targets, with Stifel Nicolaus raising theirs to $23.00 and Goldman Sachs to $20.00. The stock has a market cap of $59.33 billion and a PE ratio of 13.51. Energy Transfer recently declared a quarterly dividend of $0.325, yielding 7.52%. Institutional investors hold 38.22% of the stock, and the company reported a net margin of 5.74% with a return on equity of 11.56%.