SHLX Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for SHLX, the dividend discount model StockNews created for the company implies a positive return of 213.62%. To help understand and contextualize the model's evaluation of SHLX, investors may wish to consider are:

• Relative to all dividend yielding stocks in our set, SHLX offers a dividend yield in the top 0.359999999999999% of stocks in our set.
• Beta is a measure of how volatile a stock is relative to the S&P 500; when evaluated against its peers in the small-sized revenue class, Shell Midstream Partners LP has a beta lower than just 14.27% of such peers.
• The stock's annual revenue of roughly $477 million puts it in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 93.67% of companies in the same revenue class.

SHLX Dividends vs. Peers