WES Price Forecast Based on Dividend Discount Model

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. In the case of WES, the DDM model, as implemented by StockNews, implies a positive return of 129.13% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Western Midstream Partners LP are:

• Given its market cap of around 3 billion US dollars, its dividend yield of 16.56 is greater than 99.62% of its fellow stocks in the large market cap class.
• A stock's beta generally indicates its volatility relative to the broader equity market; for Western Midstream Partners LP, its beta is lower than merely 0.37% of dividend issuing stocks we observed.

WES Dividends vs. Peers