Targa Resources, Inc. (TRGP)

Targa Resources, Inc.'s Q·Score is 6/10 (Neutral), reflecting its current fundamentals, analyst data, and valuation metrics. 91% of 22 covering analysts have a positive rating. Key area to monitor: high leverage at 5.5× debt-to-equity. This is an informational data summary only and does not constitute financial advice. Always do your own research before making any investment decision.

The consensus price target for TRGP is $265.10, based on ratings from 21 Wall Street analysts. This is 4.3% above the current price of $254.28. Price targets are forward-looking estimates and not guarantees of future performance.

Targa Resources, Inc. (TRGP) scores below peers on valuation metrics, trading above typical sector multiples. Its forward P/E ratio stands at 21.9×.

Targa Resources, Inc. is scheduled to report earnings in 4 days, on May 7, 2026.

Targa Resources, Inc. has a net profit margin of 11.3%, which is solid for most industries. Its gross margin stands at 38.3%, reflecting a more cost-intensive business model.

Targa Resources, Inc. currently offers a dividend yield of 1.67%, a modest payout typical for growth-oriented companies. Dividend yields can change based on price movements and company payout decisions.

Targa Resources, Inc. is reporting revenue declining 7.9% year-over-year. Earnings are also growing at 74.5%, indicating improving profitability.

Targa Resources, Inc. has a debt-to-equity ratio of 5.49×, reflecting a high debt-to-equity ratio, which increases financial risk especially in rising rate environments. Its current ratio is 0.67×, suggesting it should be monitored for near-term liquidity.