Parsley Energy, Inc. (PE) Dividends
Dividend Yield and Dividend History Highlights
- PE has an EBITDA to net debt ratio of -1.11; for context, that's better than just 3.82% stocks in our set.
- PE's free cash flow has been growing at a compound average annual rate of -45.54% over the past 5.51 years -- higher than only 16.04% of current US-listed dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PE that may be suitable potential portfolio mates: CMCM, PBF, CMS, BMA and ADES.
PE Price Forecast Based on Dividend Discount Model
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For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Parsley Energy Inc, the DDM model generated by StockNews estimates a return of negative 81.79% in comparison to its current price. To help understand and contextualize the model's evaluation of PE, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Energy sector, the expected return of -81.79%, based on the stock's current share price and target price based on a dividend discount model, is greater than 3.64% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, Parsley Energy Inc bears a discount rate, according to our calculations, lower than 3.64% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- With a market cap of roughly $6 billion, PE is in the large-sized market cap class; here, it has a lower equity discount rate than 6.36% of stocks.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for PE, approximately 4.04% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
PE Dividend Chart
PE Dividend History
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