Genesis Energy, L.P. (GEL)
NYSE: GEL · IEX Real-Time Price · USD
12.28
-0.23 (-1.84%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Genesis Energy Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Genesis Energy stock have an average target of 14, with a low estimate of 13 and a high estimate of 15. The average target predicts an increase of 14.01% from the current stock price of 12.28.
Analyst Consensus: Buy
* Price targets were last updated on Nov 7, 2023.
Analyst Ratings
The average analyst rating for Genesis Energy stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +22.15% | Nov 7, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $16 → $13 | Buy | Maintains | $16 → $13 | +5.86% | Aug 4, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | +30.29% | May 5, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $19 → $17 | Buy | Maintains | $19 → $17 | +38.44% | Apr 21, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $13 | Hold | Maintains | $12 → $13 | +5.86% | Mar 2, 2023 |
Financial Forecast
Revenue This Year
3.04B
from 3.18B
Decreased by -4.25%
Revenue Next Year
n/a
from 3.04B
EPS This Year
0.52
from 0.22
Increased by 134.14%
EPS Next Year
1.58
from 0.52
Increased by 205.88%
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 3.2B |
| Avg | 3.0B |
| Low | 3.0B |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | -0.4% |
| Avg | -4.2% |
| Low | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.54 | 1.64 | 2.31 |
| Avg | 0.52 | 1.58 | 2.22 |
| Low | 0.50 | 1.53 | 2.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 143.4% | 218.0% | 46.6% |
| Avg | 134.1% | 205.9% | 41.0% |
| Low | 127.2% | 196.8% | 36.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.