US Capital Advisors Brokers Lower Earnings Estimates for EPD

Enterprise Products Partners L.P. (NYSE:EPD - Free Report) - Equities researchers at US Capital Advisors reduced their FY2026 EPS estimates for Enterprise Products Partners in a research note issued on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now anticipates that the oil and gas producer will earn $2.84 per share for the year, down from their previous forecast of $2.95. The consensus estimate for Enterprise Products Partners' current full-year earnings is $2.90 per share.

A number of other research firms have also recently commented on EPD. Barclays lowered their price target on shares of Enterprise Products Partners from $37.00 to $36.00 and set an "overweight" rating on the stock in a report on Tuesday. Royal Bank of Canada reaffirmed an "outperform" rating and set a $37.00 price target on shares of Enterprise Products Partners in a research report on Wednesday, March 26th. Citigroup decreased their price objective on Enterprise Products Partners from $37.00 to $35.00 and set a "buy" rating for the company in a report on Tuesday, May 13th. JPMorgan Chase & Co. boosted their price objective on Enterprise Products Partners from $37.00 to $38.00 and gave the company an "overweight" rating in a research note on Thursday, March 27th. Finally, Wall Street Zen upgraded shares of Enterprise Products Partners from a "hold" rating to a "buy" rating in a research report on Thursday, May 8th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $36.56.

Enterprise Products Partners Stock Performance

Shares of NYSE:EPD traded down $0.12 during midday trading on Thursday, reaching $31.27. The company had a trading volume of 2,754,677 shares, compared to its average volume of 4,393,067. The stock has a market cap of $67.82 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.37 and a beta of 0.67. The company has a current ratio of 1.07, a quick ratio of 0.83 and a debt-to-equity ratio of 1.05. Enterprise Products Partners has a 52-week low of $27.37 and a 52-week high of $34.63. The company's 50 day moving average price is $31.48 and its 200 day moving average price is $32.21.

Enterprise Products Partners (NYSE:EPD - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The oil and gas producer reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $0.69 by ($0.05). Enterprise Products Partners had a net margin of 10.49% and a return on equity of 20.48%. The business had revenue of $15.42 billion for the quarter, compared to analysts' expectations of $14.14 billion. During the same period in the previous year, the business posted $0.66 earnings per share. The business's revenue was up 4.5% compared to the same quarter last year.

Institutional Investors Weigh In On Enterprise Products Partners

Large investors have recently added to or reduced their stakes in the business. Brooklyn Investment Group purchased a new stake in shares of Enterprise Products Partners in the 1st quarter valued at about $27,000. Wealth Preservation Advisors LLC bought a new stake in Enterprise Products Partners during the first quarter valued at approximately $28,000. Security National Bank purchased a new position in Enterprise Products Partners in the 1st quarter worth approximately $30,000. Alpine Bank Wealth Management purchased a new position in Enterprise Products Partners in the 1st quarter worth approximately $31,000. Finally, Tidemark LLC raised its position in shares of Enterprise Products Partners by 54.3% during the 4th quarter. Tidemark LLC now owns 904 shares of the oil and gas producer's stock valued at $28,000 after buying an additional 318 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Enterprise Products Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 14th. Stockholders of record on Wednesday, April 30th were issued a $0.535 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $2.14 annualized dividend and a dividend yield of 6.84%. Enterprise Products Partners's payout ratio is currently 80.15%.

Enterprise Products Partners Company Profile

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.