As of Oct 12, 2026 close
- Market cap
- $62.30B
- P/E (TTM)
- 27.47
- Forward P/E
- 19.04
- Dividend yield
- 1.55%
- 52-week range
- $144.14$307.94
- Volume (live)
- -
- Avg. volume (3M)
- 1.12M
Targa Resources (TRGP) Stock Price & Financial Analysis
Targa Resources Stock Price Chart
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Financial Metrics & Key Statistics
Fundamental metrics, valuation ratios, and profitability indicators
| Day's Range | $288.75 - $294.22 |
|---|---|
| 52-Week High | $307.94 |
| 52-Week Low | $144.14 |
| Open | $289.32 |
| Volume (last close) | 699.64K |
| Average Volume (3M) | 1.12M |
| Market Cap | 62.30B |
|---|---|
| Shares Outstanding | 214.42M |
| P/E Ratio (TTM) | 27.47 |
| Forward P/E | 19.04 |
| Price to Sales (P/S) | 3.72 |
| Price to Book (P/B) | 16.41 |
| EV/EBITDA | 15.66 |
| Revenue (TTM) | 16.74B |
|---|---|
| Net Income (TTM) | 2.27B |
| Free Cash Flow (TTM) | 740.90M |
| EPS (TTM) | $10.55 |
| Profit Margin | 13.54% |
| Operating Margin | 22.91% |
| Return on Equity (ROE) | 59.74% |
| Debt to Equity | 5.30 |
| 50-Day MA | $283.44 |
|---|---|
| 200-Day MA | $251.40 |
| 1-Year Change | +91.43% |
| Annual Dividend | $4.50 |
|---|---|
| Dividend Yield | 1.55% |
| Payout Ratio | 42.67% |
| Last Dividend Ex-Date | Jul 31, 2026 |
Targa Resources at a Glance
Targa Resources (TRGP) has a market capitalization of $62.30B. The stock trades at 27.5× trailing earnings, 19.0× forward earnings and 3.7× sales. Over the trailing twelve months it earned $2.27B on revenue of $16.74B (a 13.5% profit margin) and generated $740.90M of free cash flow. Revenue fell 1.7% year over year.
It holds $132.30M in cash and securities against $20.14B of debt, a net debt position of $20.00B.
Targa Resources pays a quarterly dividend totaling $4.50 per share a year, a 1.55% yield, with a 43% payout ratio and 4 consecutive years of dividend increases.
The share price is up 91.4% over the past year. At $290.54 it sits near the top of its 52-week range of $144.14 to $307.94, above its 200-day moving average of $251.40.
Based on 16 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $329.40, 13.4% above the latest close.
Frequently Asked Questions About Targa Resources
What is the current stock price for TRGP?
As of the Oct 12, 2026 close, TRGP stock trades at $290.54. The 52-week range is $144.14–$307.94, with a day range of $288.75–$294.22.
What is the P/E ratio for TRGP?
Targa Resources's trailing P/E ratio is 27.5, meaning investors pay $27.5 for every $1 of annual earnings. The forward P/E is 19.0, reflecting analyst expectations for future earnings. Targa Resources operates in the Energy sector.
Does TRGP pay dividends?
Yes, Targa Resources pays a 1.55% annual dividend yield ($4.50 per share). The payout ratio is 42.7%. The last ex-dividend date was 2026-07-31.
What do analysts recommend for TRGP?
Based on 16 analysts, the consensus for TRGP is Buy.
What is the market cap of TRGP?
Targa Resources's market capitalization is $62.30B, classifying it as a large-cap company. Targa Resources operates in the Energy sector within the Oil & Gas Midstream industry.