Northland Securities Weighs in on SEI FY2028 Earnings

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

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 the consensus estimate of $0.24 by $0.08. The firm had revenue of $166.84 million during the quarter, compared to analyst estimates of $142.82 million. Solaris Energy Infrastructure had a net margin of 7.02% and a return on equity of 9.38%.

A number of other analysts also recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Solaris Energy Infrastructure in a report on Monday, December 29th. Citigroup lifted their price target on shares of Solaris Energy Infrastructure from $38.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Piper Sandler increased their price objective on Solaris Energy Infrastructure from $50.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, November 17th. Raymond James Financial reissued an “outperform” rating on shares of Solaris Energy Infrastructure in a research note on Tuesday. Finally, Zacks Research downgraded Solaris Energy Infrastructure from a “hold” rating to a “strong sell” rating in a report on Tuesday. One investment 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $56.10.

Solaris Energy Infrastructure Price Performance

Shares of Solaris Energy Infrastructure stock opened at $55.21 on Thursday. Solaris Energy Infrastructure has a 52 week low of $14.27 and a 52 week high of $59.80. The company has a current ratio of 2.39, a quick ratio of 2.28 and a debt-to-equity ratio of 0.69. The stock has a market cap of $3.78 billion, a PE ratio of 58.73 and a beta of 1.12. The company’s 50-day moving average price is $50.25 and its two-hundred day moving average price is $42.48.

Insiders Place Their Bets

In related news, CEO Amanda M. Brock acquired 3,669 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was bought at an average cost of $40.89 per share, with a total value of $150,025.41. Following the completion of the acquisition, the chief executive officer owned 141,080 shares in the company, valued at $5,768,761.20. The trade was a 2.67% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Cynthia M. Durrett sold 47,011 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $44.62, for a total value of $2,097,630.82. Following the transaction, the insider directly owned 131,152 shares in the company, valued at approximately $5,852,002.24. This represents a 26.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,164,094 shares of company stock valued at $108,255,773 in the last ninety days. 21.20% of the stock is currently owned by insiders.

Institutional Trading of Solaris Energy Infrastructure

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wealth High Governance Capital Ltda acquired a new stake in Solaris Energy Infrastructure in the 4th quarter valued at about $9,821,000. M&T Bank Corp bought a new stake in Solaris Energy Infrastructure in the fourth quarter valued at approximately $382,000. Comerica Bank lifted its position in shares of Solaris Energy Infrastructure by 91.7% in the fourth quarter. Comerica Bank now owns 2,883 shares of the company’s stock valued at $133,000 after buying an additional 1,379 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Solaris Energy Infrastructure by 17.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 6,733 shares of the company’s stock worth $310,000 after acquiring an additional 998 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Solaris Energy Infrastructure during the 4th quarter worth approximately $226,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

About Solaris Energy Infrastructure

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.