Enterprise Products Partners (EPD) Projected to Post Earnings on Tuesday

Enterprise Products Partners (NYSE:EPD - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.69 per share and revenue of $14.14 billion for the quarter.

Enterprise Products Partners (NYSE:EPD - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The oil and gas producer reported $0.64 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.05). The business had revenue of $15.42 billion during the quarter, compared to analyst estimates of $14.14 billion. Enterprise Products Partners had a return on equity of 20.48% and a net margin of 10.49%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.66 EPS. On average, analysts expect Enterprise Products Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Enterprise Products Partners Stock Performance

EPD stock traded down $0.89 during trading on Wednesday, hitting $29.90. 6,341,976 shares of the company traded hands, compared to its average volume of 4,374,677. The stock's 50-day simple moving average is $32.19 and its 200 day simple moving average is $31.95. Enterprise Products Partners has a 1 year low of $27.37 and a 1 year high of $34.63. The company has a market cap of $64.75 billion, a PE ratio of 11.12, a P/E/G ratio of 1.37 and a beta of 0.78. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.07 and a quick ratio of 0.83.

Enterprise Products Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 14th. Investors of record on Wednesday, April 30th will be paid a $0.535 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $2.14 dividend on an annualized basis and a yield of 7.16%. Enterprise Products Partners's dividend payout ratio is currently 79.55%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Truist Financial increased their target price on shares of Enterprise Products Partners from $37.00 to $40.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. raised their price objective on Enterprise Products Partners from $37.00 to $38.00 and gave the stock an "overweight" rating in a research report on Thursday, March 27th. Wolfe Research lowered Enterprise Products Partners from an "outperform" rating to a "peer perform" rating in a research report on Friday, January 10th. StockNews.com downgraded shares of Enterprise Products Partners from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, Morgan Stanley boosted their price objective on Enterprise Products Partners from $36.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 11th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $36.89.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Enterprise Products Partners stock. Brighton Jones LLC lifted its holdings in Enterprise Products Partners L.P. (NYSE:EPD - Free Report) by 19.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,620 shares of the oil and gas producer's stock after purchasing an additional 5,425 shares during the period. Brighton Jones LLC's holdings in Enterprise Products Partners were worth $1,023,000 at the end of the most recent reporting period. 26.07% of the stock is owned by hedge funds and other institutional investors.

About Enterprise Products Partners

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.