- Kodiak Gas Services (KGS, Financial) boosts quarterly dividend by 9.8% to $0.45 per share.
- Analysts forecast an average price target of $45.23, implying a 36.03% upside.
- Consensus recommendation ranks KGS as "Outperform".
Kodiak Gas Services (KGS) has recently announced an attractive 9.8% increase in its quarterly dividend. This strategic decision raises the dividend to $0.45 per share, up from the previous $0.41. Investors can expect a forward yield of 5.41%, with the dividend set to be disbursed on May 15 for shareholders of record by May 5.
Wall Street Analysts Forecast
Turning our attention to the insights from the financial analysts, 13 experts have provided their one-year price targets for Kodiak Gas Services Inc. (KGS, Financial). The consensus projects an average target price of $45.23. The high estimate stands at $51.00, while the low estimate is $36.00. Notably, this average price target suggests a substantial 36.03% upside from the current market price of $33.25. For more in-depth analysis, you can visit the Kodiak Gas Services Inc (KGS) Forecast page.
Analysts from 13 brokerage firms have collectively issued a consensus recommendation for Kodiak Gas Services Inc (KGS, Financial), currently rating it at 1.8, which translates to an "Outperform" status. This rating scale, ranging from 1 to 5, positions KGS favorably as a potential investment, with 1 indicating a Strong Buy and 5 representing a Sell.
