There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for NuStar Energy L.P. (NS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 0.39%, to $17.83. The NuStar Energy L.P. has recorded 179,077 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that NuStar Recognized on Newsweek’s “World’s Most Trustworthy Companies 2023” List.
This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $17.76 and fluctuated between $17.80 as its day high and $17.33 as its day low. The current market capitalization of NuStar Energy L.P. is $2.20B. A total of 3.74 million shares were traded on the day, compared to an average of 503.15K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, NS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 15 SELLs from insiders. Insiders purchased 567,696 shares during that period but sold 137,215.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. NuStar Energy L.P. pays an annual dividend of $1.60, resulting in a dividend yield of 9.01%, and it has a price to earnings (P/E) ratio of 22.28. NS’s most recent ex-dividend date was 8/7/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 8/14/2023. Previously, the company paid the dividend on 5/12/2023 with an ex-dividend date of 5/5/2023. The NS stock dividend was $0.40 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for NS in the last 3 months, the mean price target is $18.86 with high estimates of $20.00 and low estimates of $17.00. In terms of 52-week highs and lows, NS has a high of $18.16 and a low of $12.80.
As of this writing, NS has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.27 per share and a lower estimate of $0.15. The company reported an EPS of $0.24 in the last quarter, which was -11.10% lower than expectations of $0.27.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. NS’s latest balance sheet shows that the firm has $5.64M in Cash & Short Term Investments as of fiscal 2021. There were $3.20B in debt and $214.73M in liabilities at the time. Its Book Value Per Share was $1.02, while its Total Shareholder’s Equity was $981.83M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NS is Buy with a score of 3.43.