Targa Resources, Inc. (TRGP)

Targa Resources, Inc.'s Q·Score is 6.6/10 (Neutral), reflecting its current fundamentals, analyst data, and valuation metrics. 95% of 22 covering analysts have a positive rating. Key area to monitor: high leverage at 5.2× 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 $330.19, based on ratings from 21 Wall Street analysts. This is 4.8% above the current price of $314.99. 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 26.0×.

Targa Resources, Inc. is scheduled to report earnings in 6 days, on November 5, 2026.

Targa Resources, Inc. has a net profit margin of 13.5%, which is solid for most industries. Its gross margin stands at 43.2%, indicating a high-margin business model.

Targa Resources, Inc. currently offers a dividend yield of 1.60%, 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 modest revenue growth of 4.2%. Earnings are also growing at 23.3%, indicating improving profitability.

Targa Resources, Inc. has a debt-to-equity ratio of 5.16×, reflecting a high debt-to-equity ratio, which increases financial risk especially in rising rate environments. Its current ratio is 0.77×, suggesting it should be monitored for near-term liquidity.