NASDAQ:IEP

Icahn Enterprises - IEP Stock Forecast, Price & News

$49.71

+0.86 (+1.76%)

(As of 09/27/2022 12:00 AM ET)

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Today's Range: $48.90
▼
$49.86
50-Day Range: $48.85
▼
$54.89
52-Week Range: $47.17
▼
$58.50

Volume: 563,807 shs
Average Volume: 480,536 shs
Market Capitalization: $16.04 billion

P/E Ratio: N/A
Dividend Yield: 16.38%
Price Target: N/A

Icahn Enterprises MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.35% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.51
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -15.53%
From $1.03 to $0.87 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Multi-Sector Conglomerates Sector

16th out of 18 stocks

Motor Vehicle Parts & Accessories Industry

32nd out of 36 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Icahn Enterprises.

5.0

Short Interest

Percentage of Shares Shorted
0.35% of the outstanding shares of Icahn Enterprises have been sold short.
Short Interest Ratio / Days to Cover
Icahn Enterprises has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Icahn Enterprises has recently decreased by 10.24%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Icahn Enterprises is a leading dividend payer. It pays a dividend yield of 16.38%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Icahn Enterprises does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Icahn Enterprises will have a dividend payout ratio of 919.54% in the coming year. This indicates that Icahn Enterprises may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IEP.

1.9

News and Social Media Coverage

News Sentiment
Icahn Enterprises has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Multi-Sector Conglomerates companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Icahn Enterprises this week, compared to 2 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 4 reddit mentions for Icahn Enterprises this week, compared to 1 mention on an average week.
Search Interest
Only 68 people have searched for IEP on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.
MarketBeat Follows
Only 41 people have added Icahn Enterprises to their MarketBeat watchlist in the last 30 days. This is a decrease of -16% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Icahn Enterprises insiders have not sold or bought any company stock.
Percentage Held by Insiders
90.10% of the stock of Icahn Enterprises is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.49% of the stock of Icahn Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Icahn Enterprises are expected to decrease by -15.53% in the coming year, from $1.03 to $0.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Icahn Enterprises is -30.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Icahn Enterprises is -30.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Icahn Enterprises has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Icahn Enterprises (NASDAQ:IEP) Stock

Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. Its Real Estate segment is involved in the rental of retail, office, and industrial properties; construction and sale of single-family homes and residential units; and golf and club operations. This segment also engages in hotel and timeshare resort operations. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.

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IEP Stock News Headlines

September 27, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Gains As Market Dips: What You Should Know

September 23, 2022 | finance.yahoo.com

Billionaire investor Carl Icahn warns ‘the worst is yet to come’ for investors and compares U.S. inflation to the fall of the Roman empire

September 21, 2022 | finance.yahoo.com

3 Top-Ranked Stocks With Dividend Yields Greater Than 5%

September 20, 2022 | finance.yahoo.com

General Electric (GE) Sees Supply Chain Impact on Cash Flow

September 19, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Gains But Lags Market: What You Should Know

September 16, 2022 | seekingalpha.com

Icahn Enterprises: Sustainable Dividend And Improving Fundamentals

September 15, 2022 | finance.yahoo.com

Danaher (DHR) to Spin-Off Environmental Unit, Shares Pop

September 8, 2022 | finance.yahoo.com

With 88% ownership of the shares, Icahn Enterprises L.P. (NASDAQ:IEP) is heavily dominated by institutional owners

September 7, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Stock Sinks As Market Gains: What You Should Know

August 29, 2022 | finance.yahoo.com

Billionaire Carl Icahn’s Latest Portfolio: Top 10 Stock Picks

August 12, 2022 | incomeinvestors.com

Bullish 15%-Yielding Icahn Enterprises Stock Up 18% in 2022

August 12, 2022 | finance.yahoo.com

Here's Why Momentum in Icahn Enterprises (IEP) Should Keep going

August 11, 2022 | nasdaq.com

Icahn Enterprises L.P.'s (NASDAQ:IEP) Sole Analyst Just Made A Stunning Upgrade To Their Forecasts

August 11, 2022 | finance.yahoo.com

The Icahn Enterprises L.P. (NASDAQ:IEP) Analyst Just Boosted Their Forecasts By A Massive Amount

August 10, 2022 | seekingalpha.com

Icahn Enterprises Reported Mixed Q2 Results, But Icahn Outperformed Buffett Over The Last 20 Years

August 5, 2022 | seekingalpha.com

Icahn Enterprises LP (IEP) CEO David Willetts on Q2 2022 Results - Earnings Call Transcript

August 5, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Q2 2022 Earnings Call Transcript

August 4, 2022 | seekingalpha.com

Icahn Enterprises scores a revenue beat in Q2 even with investment losses

August 4, 2022 | finance.yahoo.com

Icahn Enterprises L.P. Reports Second Quarter 2022 Financial Results

August 4, 2022 | msn.com

Icahn Enterprises's Earnings Outlook

August 3, 2022 | finance.yahoo.com

What's in Store for Icahn Enterprises (IEP) in Q2 Earnings?

August 3, 2022 | finance.yahoo.com

Xerox Names Interim Chief Steven Bandrowczak as CEO

July 29, 2022 | finance.yahoo.com

Icahn Enterprises L.P. Announces Q2 2022 Earnings Conference Call

July 27, 2022 | nasdaq.com

A Icahn Enterprises L.P. (NASDAQ:IEP) insider increased their holdings by 14% last year

July 19, 2022 | finance.yahoo.com

Icahn Enterprises L.P. (IEP)

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IEP Company Calendar

Ex-Dividend for 6/29 Dividend: 5/19/2022
Dividend Payable: 6/29/2022
Last Earnings: 8/04/2022
Ex-Dividend for 9/28 Dividend: 8/18/2022
Today: 9/27/2022
Dividend Payable: 9/28/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Sector: Multi-Sector Conglomerates
Current Symbol: NASDAQ:IEP
CUSIP: N/A
CIK: 813762
Web: www.ielp.com
Phone: (212) 702-4300
Fax: 212-750-5841
Employees: 19,536
Year Founded: 1987

Profitability

EPS (Most Recent Fiscal Year): ($1.62)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 48.26
P/E Growth: N/A
Net Income: $-518,000,000.00
Net Margins: -3.03%
Pretax Margin: -4.31%
Return on Equity: -3.52%
Return on Assets: -1.25%

Debt

Debt-to-Equity Ratio: 0.70
Current Ratio: 5.70
Quick Ratio: 5.70

Sales & Book Value

Annual Sales: $11.33 billion
Price / Sales: 1.42
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $33.53 per share
Price / Book: 1.48

Miscellaneous

Outstanding Shares: 322,756,000
Free Float: 31,953,000
Market Cap: $16.04 billion
Optionable: Optionable
Beta: 0.79

Social Links

Key Executives

Mr. David Willetts (Age 46)
Pres, CEO & Director of Icahn Enterprises GP, Inc.
Comp: $1.68M

Mr. Ted Papapostolou (Age 40)
CFO, Director & Sec. of Icahn Enterprises G.P. Inc
Comp: $373.19k

Mr. Angel Montalvo
Investor Relations Contact

Mr. Hunter C. Gary (Age 47)
Sr. Managing Director

Mr. Jesse A. Lynn (Age 51)
Gen. Counsel

Mr. Andrew N. Langham (Age 49)
Gen. Counsel

Mr. Robert E. Flint
Chief Audit Exec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IEP Stock - Frequently Asked Questions

How have IEP shares performed in 2022?: Icahn Enterprises' stock was trading at $49.59 at the start of the year. Since then, IEP shares have increased by 0.2% and is now trading at $49.71.
View the best growth stocks for 2022 here.
When is Icahn Enterprises' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our IEP earnings forecast.
How were Icahn Enterprises' earnings last quarter?: Icahn Enterprises L.P. (NASDAQ:IEP) issued its earnings results on Thursday, August, 4th. The conglomerate reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.48. The conglomerate had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $2.65 billion. Icahn Enterprises had a negative net margin of 3.03% and a negative trailing twelve-month return on equity of 3.52%.
How often does Icahn Enterprises pay dividends? What is the dividend yield for Icahn Enterprises?: Icahn Enterprises declared a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Friday, August 19th will be given a dividend of $2.00 per share on Wednesday, September 28th. This represents a $8.00 annualized dividend and a yield of 16.09%. The ex-dividend date is Thursday, August 18th.
Read our dividend analysis for IEP.
Is Icahn Enterprises a good dividend stock?: Icahn Enterprises (NASDAQ:IEP) pays an annual dividend of $8.00 per share and currently has a dividend yield of 16.38%. IEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for IEP.
What other stocks do shareholders of Icahn Enterprises own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Icahn Enterprises investors own include Energy Transfer (ET), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), AbbVie (ABBV), Walmart (WMT), Bank of America (BAC), Enterprise Products Partners (EPD) and Intel (INTC).

What is Icahn Enterprises' stock symbol?: Icahn Enterprises trades on the NASDAQ under the ticker symbol "IEP."
Who are Icahn Enterprises' major shareholders?: Icahn Enterprises' stock is owned by a number of institutional and retail investors. Top institutional investors include Icahn Carl C (86.03%), Horizon Kinetics Asset Management LLC (0.15%), BNP Paribas Arbitrage SA (0.05%), Group One Trading L.P. (0.00%), Ulrich Consultants & Investment Group LLC (0.04%) and Natixis (0.04%). Insiders that own company stock include A B Krongard and Brett Icahn.
View institutional ownership trends.
How do I buy shares of Icahn Enterprises?: Shares of IEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Icahn Enterprises' stock price today?: One share of IEP stock can currently be purchased for approximately $49.71.
How much money does Icahn Enterprises make?: Icahn Enterprises (NASDAQ:IEP) has a market capitalization of $16.04 billion and generates $11.33 billion in revenue each year. The conglomerate earns $-518,000,000.00 in net income (profit) each year or ($1.62) on an earnings per share basis.
How many employees does Icahn Enterprises have?: The company employs 19,536 workers across the globe.
How can I contact Icahn Enterprises?: Icahn Enterprises' mailing address is 16690 COLLINS AVE PH, SUNNY ISLES FL, 33160. The official website for the company is www.ielp.com. The conglomerate can be reached via phone at (212) 702-4300, via email at ir@ielp.com, or via fax at 212-750-5841.

This page (NASDAQ:IEP) was last updated on 9/28/2022 by MarketBeat.com Staff

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Icahn Enterprises - IEP Stock Forecast, Price & News

Icahn Enterprises MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows