NYSE:TTE

TotalEnergies (TTE) Stock Forecast, Price & News

$62.57

-0.75 (-1.18%)

(As of 08/11/2023 08:49 PM ET)

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Today's Range: $62.21
▼
$62.78
50-Day Range: $55.39
▼
$63.32
52-Week Range: $44.61
▼
$65.05

Volume: 1.49 million shs
Average Volume: 1.54 million shs
Market Capitalization: $153.58 billion

P/E Ratio: 8.16
Dividend Yield: 3.79%
Price Target: $63.25

TotalEnergies MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 1.1% Upside
$63.25 Price Target
Short Interest: Healthy
0.13% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.81
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 0.81%
From $9.91 to $9.99 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Energy Sector

5th out of 7 stocks

Oil & Gas Integrated Industry

1st out of 1 stocks

1.2

Analyst's Opinion

Consensus Rating
TotalEnergies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.25, TotalEnergies has a forecasted upside of 1.1% from its current price of $62.57.
Amount of Analyst Coverage
TotalEnergies has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.13% of the float of TotalEnergies has been sold short.
Short Interest Ratio / Days to Cover
TotalEnergies has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TotalEnergies has recently increased by 0.97%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
TotalEnergies is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TotalEnergies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TotalEnergies is 30.90%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TotalEnergies will have a dividend payout ratio of 23.72% next year. This indicates that TotalEnergies will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TTE.

2.7

News and Social Media Coverage

News Sentiment
TotalEnergies has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for TotalEnergies this week, compared to 7 articles on an average week.
Search Interest
Only 9 people have searched for TTE on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added TotalEnergies to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TotalEnergies insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 6.93% of the stock of TotalEnergies is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for TotalEnergies are expected to grow by 0.81% in the coming year, from $9.91 to $9.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TotalEnergies is 8.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of TotalEnergies is 8.16, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 222.13.
Price to Earnings Growth Ratio
TotalEnergies has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
TotalEnergies has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TotalEnergies (NYSE:TTE) Stock

TotalEnergies SE, a multi-energy company, produces and markets fuels, natural gas, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services segments. The Integrated Gas, Renewables & Power segment engages in integrated gas, including liquified natural gas (LNG), and low carbon electricity businesses; and upstream and midstream LNG activities. Its Exploration & Production segment offers carbon storage and nature-based solutions. The Refining & Chemicals segment provides refining, petrochemicals, and specialty chemicals; and supply and trading of oil, and marine shipping services. Its Marketing & Services segment engages in the supply and marketing of petroleum products. TotalEnergies SE was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. The company was founded in 1924 and is headquartered in Courbevoie, France.

TTE Price History

30 days | 90 days | 365 days | Advanced Chart

TTE Stock News Headlines

August 4, 2023 | americanbankingnews.com

TotalEnergies SE (NYSE:TTE) Receives $63.25 Average Price Target from Brokerages

August 4, 2023 | finance.yahoo.com

Azerbaijan: TotalEnergies Sells a 15% Interest in Absheron Gas Field to ADNOC

August 14, 2023 | Behind the Markets (Ad)

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August 3, 2023 | finance.yahoo.com

TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors to invest in Zhero Europe's Green Energy Expansion

July 29, 2023 | investing.com

TotalEnergies defends price paid for German offshore wind lease

July 28, 2023 | marketwatch.com

TotalEnergies SE: Financial Report -- 1(st) half 2023

July 28, 2023 | finance.yahoo.com

TotalEnergies SE: Financial Report – 1st half 2023

July 27, 2023 | seekingalpha.com

TotalEnergies Q2 profit drops in 'softening' oil and gas environment

August 14, 2023 | Behind the Markets (Ad)

[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"

July 27, 2023 | msn.com

TotalEnergies (TTE) Q2 Earnings Lag, Revenues Beat Estimates

July 27, 2023 | theglobeandmail.com

Shell and TotalEnergies report slump in quarterly profits as oil, gas prices cool after bumper 2022

July 27, 2023 | benzinga.com

TotalEnergies Posts Mixed Q2 Earnings On Softening Oil & Gas Environment, Plans $2B Share Buyback

July 27, 2023 | oilprice.com

TotalEnergies Misses Forecasts As Q2 Earnings Plunge By 49%

July 27, 2023 | finance.yahoo.com

TotalEnergies SE: Second Quarter and First Half 2023 Results

July 27, 2023 | marketwatch.com

TotalEnergies Announces The Second Interim Dividend Of EUR0.74/Share For Fiscal Year 2023, An Increase Of 7.25% Compared To 2022 >TTE.FR

July 27, 2023 | finance.yahoo.com

TotalEnergies Announces the Second Interim Dividend of €0.74/Share for Fiscal Year 2023, an Increase of 7.25% Compared to 2022

July 26, 2023 | msn.com

TotalEnergies starts commercial drilling at Uganda project opposed by green groups

July 26, 2023 | proactiveinvestors.com

TotalEnergies doubles down on green energy with $1.7B purchase of French clean power firm

July 24, 2023 | finanznachrichten.de

TotalEnergies SE: Turkey: TotalEnergies Partners With Rönesans Holding to Develop Renewable Energy in the Country

July 24, 2023 | seekingalpha.com

TotalEnergies buys 50% stake in Turkish renewables business

July 21, 2023 | finance.yahoo.com

Commodity Price Drop to Hurt TotalEnergies (TTE) Q2 Earnings

July 21, 2023 | theglobeandmail.com

TotalEnergies partners with Ronesans to expand renewable power generation capacity in Turkey

July 19, 2023 | theglobeandmail.com

Iraq’s massive TotalEnergies oil deal heralds new revenue-sharing formula

July 18, 2023 | benzinga.com

Looking Into TotalEnergies's Recent Short Interest

July 17, 2023 | finanznachrichten.de

TotalEnergies SE, Aramco and SABIC Complete MENA Region's First Processing of Oil From Plastic Waste at Scale to Make Certified Circular Polymers

July 17, 2023 | finance.yahoo.com

TotalEnergies, Aramco and SABIC Complete MENA Region’s First Processing of Oil From Plastic Waste at Scale to Make Certified Circular Polymers

July 13, 2023 | seekingalpha.com

TotalEnergies: A Solid And Secure Dividend Stock

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TTE Company Calendar

Last Earnings: 10/28/2021
Ex-Dividend for 7/17 Dividend: 6/16/2023
Dividend Payable: 7/17/2023
Today: 8/13/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Oil & Gas Integrated
Sub-Industry: N/A
Sector: Energy
Current Symbol: NYSE:TTE
CUSIP: N/A
CIK: 879764
Web: www.total.com
Phone: (314) 744-4546
Fax: 33-01-47-44-49-44
Employees: 101,279
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $63.25
High Stock Price Forecast: $73.00
Low Stock Price Forecast: $56.00
Forecasted Upside/Downside: +1.1%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.67
Trailing P/E Ratio: 8.16
Forward P/E Ratio: 6.31
P/E Growth: 0.68
Net Income: $20.53 billion
Net Margins: 7.76%
Pretax Margin: 15.50%
Return on Equity: 24.61%
Return on Assets: 9.42%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 1.17
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: $281.00 billion
Price / Sales: 0.55
Cash Flow: $20.12 per share
Price / Cash Flow: 3.11
Book Value: $47.44 per share
Price / Book: 1.32

Miscellaneous

Outstanding Shares: 2,454,550,000
Free Float: N/A
Market Cap: $153.58 billion
Optionable: Optionable
Beta: 0.79

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Key Executives

Mr. Patrick Pouyanné (Age 60)
Chairman, CEO & Pres
Comp: $4.36M

Mr. Jean-Pierre Sbraire (Age 58)
Chief Financial Officer

Ms. Marie-Noëlle Semeria
Sr. VP & Group CTO

Mr. Michel Hourcard
SVP of Devel. & Ops Techniques - Exploration/Production & SVP of Scientific & Technical Center

Mr. Renaud Lions
Sr. VP of Investor Relations

Aurélien Hamelle
Sr. VP of Legal

Mr. Jacques-Emmanuel Saulnier
Sr. VP of Corp. Communications

Mr. Thierry Pflimlin (Age 64)
Pres of Marketing & Services

Ms. Francoise Leroy (Age 71)
Head of Merger & Acquisitions

Ms. Odile de Damas-Nottin
Sr. VP of Audit & Internal Control

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TTE Stock - Frequently Asked Questions

Should I buy or sell TotalEnergies stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TotalEnergies in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TTE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTE, but not buy additional shares or sell existing shares.
View TTE analyst ratings or view top-rated stocks.
What is TotalEnergies' stock price forecast for 2023?: 9 Wall Street research analysts have issued twelve-month target prices for TotalEnergies' shares. Their TTE share price forecasts range from $56.00 to $73.00. On average, they expect the company's share price to reach $63.25 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price.
View analysts price targets for TTE or view top-rated stocks among Wall Street analysts.
How have TTE shares performed in 2023?: TotalEnergies' stock was trading at $62.08 at the beginning of the year. Since then, TTE shares have increased by 0.8% and is now trading at $62.57.
View the best growth stocks for 2023 here.
When is TotalEnergies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our TTE earnings forecast.
How were TotalEnergies' earnings last quarter?: TotalEnergies SE (NYSE:TTE) released its quarterly earnings data on Thursday, October, 28th. The company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.64 by $0.12. The firm had revenue of $54.73 billion for the quarter. TotalEnergies had a net margin of 7.76% and a trailing twelve-month return on equity of 24.61%.
How often does TotalEnergies pay dividends? What is the dividend yield for TotalEnergies?: TotalEnergies declared a quarterly dividend on Wednesday, May 31st. Stockholders of record on Tuesday, June 20th will be given a dividend of $0.585 per share on Monday, July 17th. This represents a $2.34 annualized dividend and a dividend yield of 3.74%. The ex-dividend date is Friday, June 16th. This is a boost from the stock's previous quarterly dividend of $0.54.
Read our dividend analysis for TTE.
What ETFs hold TotalEnergies' stock?: ETFs with the largest weight of TotalEnergies (NYSE:TTE) stock in their portfolio include FT Energy Income Partners Strategy ETF (EIPX), American CenturyFocused Large Cap Value ETF (FLV), T. Rowe Price Equity Income ETF (TEQI), Amplify International Enhanced Dividend Income ETF (IDVO), Pacer Trendpilot European Index ETF (PTEU), Matthews Emerging Markets ex China Active ETF (MEMX), Constrained Capital ESG Orphans ETF (ORFN) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA).

Is TotalEnergies a good dividend stock?: TotalEnergies (NYSE:TTE) pays an annual dividend of $2.37 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 30.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TTE will have a dividend payout ratio of 23.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TTE.
What is TotalEnergies' stock symbol?: TotalEnergies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTE."
Who are TotalEnergies' major shareholders?: TotalEnergies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.83%), Capital International Investors (0.16%), Raymond James & Associates (0.12%), Franklin Resources Inc. (0.11%), JPMorgan Chase & Co. (0.11%) and Envestnet Asset Management Inc. (0.09%).
View institutional ownership trends.
How do I buy shares of TotalEnergies?: Shares of TTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TotalEnergies' stock price today?: One share of TTE stock can currently be purchased for approximately $62.57.
How much money does TotalEnergies make?: TotalEnergies (NYSE:TTE) has a market capitalization of $153.58 billion and generates $281.00 billion in revenue each year. The company earns $20.53 billion in net income (profit) each year or $7.67 on an earnings per share basis.
How many employees does TotalEnergies have?: The company employs 101,279 workers across the globe.
How can I contact TotalEnergies?: TotalEnergies' mailing address is 2 PLACE JEAN MILLIER LA DEFENSE 6, PARIS I0, 92400. The official website for the company is www.total.com. The company can be reached via phone at (314) 744-4546, via email at investor.relations@total.com, or via fax at 33-01-47-44-49-44.

This page (NYSE:TTE) was last updated on 8/14/2023 by MarketBeat.com Staff

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