Northland Securities Comments on SEI FY2028 Earnings

Solaris Energy Infrastructure, Inc. (NYSE:SEI) – Northland Securities issued their FY2028 earnings per share estimates for Solaris Energy Infrastructure in a note issued to investors on Monday, January 26th. Northland Securities analyst B. Brooks anticipates that the company will post earnings per share of $3.17 for the year. The consensus estimate for Solaris Energy Infrastructure’s current full-year earnings is $0.36 per share.

SEI has been the subject of a number of other reports. Zacks Research lowered shares of Solaris Energy Infrastructure from a “hold” rating to a “strong sell” rating in a report on Tuesday. Citigroup upped their price objective on shares of Solaris Energy Infrastructure from $38.00 to $56.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Piper Sandler raised their target price on Solaris Energy Infrastructure from $50.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Barclays boosted their price target on Solaris Energy Infrastructure from $44.00 to $61.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Finally, UBS Group set a $65.00 price objective on Solaris Energy Infrastructure in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Solaris Energy Infrastructure currently has a consensus rating of “Moderate Buy” and a consensus target price of $56.10.

Solaris Energy Infrastructure Price Performance

Shares of Solaris Energy Infrastructure stock opened at $53.84 on Thursday. The stock has a market capitalization of $3.69 billion, a P/E ratio of 57.28 and a beta of 1.12. Solaris Energy Infrastructure has a one year low of $14.27 and a one year high of $59.80. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.39 and a quick ratio of 2.28. The business’s 50 day simple moving average is $49.71 and its two-hundred day simple moving average is $42.22.

Solaris Energy Infrastructure (NYSE:SEI) last released its earnings results on Monday, November 3rd. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.08. The company had revenue of $166.84 million during the quarter, compared to analyst estimates of $142.82 million. Solaris Energy Infrastructure had a return on equity of 9.38% and a net margin of 7.02%.

Institutional Trading of Solaris Energy Infrastructure

Hedge funds have recently modified their holdings of the business. Signaturefd LLC increased its stake in shares of Solaris Energy Infrastructure by 344.9% in the 4th quarter. Signaturefd LLC now owns 614 shares of the company’s stock worth $28,000 after acquiring an additional 476 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Solaris Energy Infrastructure during the third quarter valued at approximately $31,000. Assetmark Inc. purchased a new position in shares of Solaris Energy Infrastructure during the second quarter valued at approximately $25,000. Larson Financial Group LLC boosted its position in shares of Solaris Energy Infrastructure by 363.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,014 shares of the company’s stock worth $41,000 after purchasing an additional 795 shares in the last quarter. Finally, Chung Wu Investment Group LLC purchased a new stake in shares of Solaris Energy Infrastructure in the 3rd quarter worth approximately $52,000. Institutional investors own 67.44% of the company’s stock.

Insider Buying and Selling

In other Solaris Energy Infrastructure news, Director Laurie H. Argo sold 2,300 shares of Solaris Energy Infrastructure stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $44.25, for a total transaction of $101,775.00. Following the sale, the director directly owned 50,039 shares of the company’s stock, valued at approximately $2,214,225.75. The trade was a 4.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Ktr Management Company, Llc sold 2,114,783 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $50.15, for a total value of $106,056,367.45. The disclosure for this sale is available in the SEC filing. Insiders sold 2,164,094 shares of company stock valued at $108,255,773 over the last quarter. 21.20% of the stock is currently owned by insiders.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure Fund Inc (NYSE: SEI) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.

The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.