Stock Traders Purchase Large Volume of Solaris Energy Infrastructure Call Options (NASDAQ:SEI)

Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) was the target of some unusual options trading on Friday. Stock traders purchased 4,101 call options on the company. This represents an increase of 427% compared to the average daily volume of 778 call options.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Tudor Pickering upgraded Solaris Energy Infrastructure to a “strong-buy” rating in a research note on Wednesday, January 22nd. Piper Sandler assumed coverage on Solaris Energy Infrastructure in a research note on Thursday, February 20th. They set an “overweight” rating and a $37.00 price target for the company. Stifel Nicolaus boosted their price target on Solaris Energy Infrastructure from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Monday, February 24th. Janney Montgomery Scott assumed coverage on Solaris Energy Infrastructure in a research note on Tuesday, February 25th. They set a “buy” rating and a $57.00 price target for the company. Finally, Tudor, Pickering, Holt & Co. assumed coverage on Solaris Energy Infrastructure in a research note on Wednesday, January 22nd. They set a “buy” rating and a $41.00 price target for the company. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $45.75.

Solaris Energy Infrastructure Stock Down 1.3 %

SEI stock opened at $24.14 on Friday. Solaris Energy Infrastructure has a twelve month low of $7.97 and a twelve month high of $39.03. The company has a current ratio of 3.61, a quick ratio of 3.40 and a debt-to-equity ratio of 0.77. The stock has a market cap of $1.62 billion, a PE ratio of 54.85 and a beta of 1.32. The company’s 50-day moving average is $29.41.

Solaris Energy Infrastructure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 11th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.99%. Solaris Energy Infrastructure’s payout ratio is currently 97.96%.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.