Targa Resources Dividend Increase
Targa Resources (TRGP) has announced a significant dividend increase of 733%. This development has prompted analysts to reassess the company’s stock.
Current Stock Price The current stock price of Targa Resources is $163.3 USD. This represents a significant increase from the 52-week low of $122.56 USD.
Valuation Metrics The stock’s price-to-earnings ratio is 24.9336 and the price-to-book ratio is 15.1784. These metrics indicate a premium valuation.
Historical Stock Performance The 52-week high of $218.51 USD was reached in January 2025. This highlights the stock’s volatility over the past year.
Key Statistics
- Current stock price: $163.3 USD
- 52-week low: $122.56 USD
- 52-week high: $218.51 USD (January 2025)
- Price-to-earnings ratio: 24.9336
- Price-to-book ratio: 15.1784