Is Magellan Midstream stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Magellan Midstream pays dividends. Last time was Monday 25th of September 2023 where the investors holding the stock on Wednesday 20th of September 2023 were paid $0.2474 per share. Over the last 91 times between 2001 and 2023, Magellan Midstream has paid $70.27115 with an average of $0.77 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Magellan Midstream 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $65.72, you would have made a profit of $3.28 per share or 4.99%
Yes, the average daily trading liquidity for Magellan Midstream is $1.91 million. You should therefore be able to get in and out of your positions relatively fast.
Magellan Midstream has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.30, the company's ability to pay off the debt is normal. Magellan Midstream has a very good net profit margin of 29.55% and should have very high tolerances against inflation.
We have calculated the inflation risk for Magellan Midstream to be low [0.45 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.