Is Tortoise Energy stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Tortoise Energy pays dividends. Last time was Friday 29th of November 2024 where the investors holding the stock on Friday 22nd of November 2024 were paid $0.63 per share. Over the last 44 times between 2012 and 2024, Tortoise Energy has paid $19.866 with an average of $0.45 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Tortoise Energy 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $29.68, you would have made a profit of $14.65 per share or 49.36%
No, the average daily trading liquidity for Tortoise Energy is $6 426 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Tortoise Energy has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.14, the company's ability to pay off the debt is normal. Tortoise Energy has a very good net profit margin of 266.63% and should have very high tolerances against inflation.
We have calculated the inflation risk for Tortoise Energy to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.