NASDAQ:IEP

Icahn Enterprises - IEP Stock Forecast, Price & News

$50.22

-0.05 (-0.10%)

(As of 12/7/2022 12:33 PM ET)

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Today's Range: $50.04
▼
$50.36
50-Day Range: $49.60
▼
$54.72
52-Week Range: $47.17
▼
$55.73

Volume: 6,423 shs
Average Volume: 580,452 shs
Market Capitalization: $16.95 billion

P/E Ratio: N/A
Dividend Yield: 15.90%
Price Target: N/A

Icahn Enterprises MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.39% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 94.74%
From $0.38 to $0.74 Per Share

Overall MarketRank^™

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

2.14 out of 5 stars

Multi-Sector Conglomerates Sector

9th out of 18 stocks

Motor Vehicle Parts & Accessories Industry

8th out of 34 stocks

N/A

Analyst's Opinion

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

3.0

Short Interest

Percentage of Shares Shorted
0.39% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Icahn Enterprises has recently increased by 1.55%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Icahn Enterprises is a leading dividend payer. It pays a dividend yield of 15.90%, 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 1,081.08% 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.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Icahn Enterprises this week, compared to 2 articles on an average week.
Search Interest
57 people have searched for IEP on MarketBeat in the last 30 days. This is an increase of 19% compared to the previous 30 days.
MarketBeat Follows
37 people have added Icahn Enterprises to their MarketBeat watchlist in the last 30 days. This is an increase of 23% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Icahn Enterprises are expected to grow by 94.74% in the coming year, from $0.38 to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Icahn Enterprises is -34.83, 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 -34.83, 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 1.50. 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

December 5, 2022 | seekingalpha.com

Icahn Enterprises: Will The 15% Dividend Yield Last?

December 1, 2022 | americanbankingnews.com

Icahn Enterprises Target of Unusually Large Options Trading (NASDAQ:IEP)

November 29, 2022 | ca.finance.yahoo.com

Carl Icahn holds short position in GameStop - Bloomberg News

November 21, 2022 | msn.com

Carl Icahn Was Buying Twitter Shares Before Musk's Big News, Now He Holds These 2 Dividend Stocks

November 17, 2022 | finance.yahoo.com

Icahn Enterprises L.P. (NASDAQ:IEP) Has Found A Path To Profitability

November 11, 2022 | finance.yahoo.com

Don’t be fooled—Thursday’s rally doesn’t mean we are out of a bear market, billionaire investor Carl Icahn warns

November 11, 2022 | finance.yahoo.com

‘I still think we are in a bear market,’ says billionaire investor Carl Icahn of post-CPI market rally

November 4, 2022 | seekingalpha.com

Icahn Enterprises L.P. (IEP) Q3 2022 Earnings Call Transcript

November 4, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Q3 2022 Earnings Call Transcript

November 3, 2022 | msn.com

Recap: Icahn Enterprises Q3 Earnings

November 3, 2022 | finance.yahoo.com

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

November 2, 2022 | msn.com

Earnings Outlook For Icahn Enterprises

November 1, 2022 | msn.com

What's in Store for Icahn Enterprises (IEP) in Q3 Earnings?

October 29, 2022 | finance.yahoo.com

Icahn Enterprises L.P. Announces Q3 2022 Earnings Conference Call

October 25, 2022 | msn.com

This Billionaire Made Bank, Boasts A 30% Return Despite 2022's Market Crash

October 20, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Stock Moves -0.19%: What You Should Know

October 19, 2022 | finance.yahoo.com

Icahn Enterprises (NASDAQ:IEP) shareholders have earned a 6.4% CAGR over the last three years

October 13, 2022 | nasdaq.com

IEP Crosses Above Key Moving Average Level

October 13, 2022 | fool.com

Carl Icahn's Investment Strategy

October 12, 2022 | finance.yahoo.com

Carl Icahn Stock Portfolio: Top 12 Picks

October 10, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Stock Moves -0.04%: What You Should Know

October 7, 2022 | finance.yahoo.com

Icahn Enterprises (IEP) Stock Moves -0.74%: What You Should Know

October 7, 2022 | finance.yahoo.com

General Electric (GE) Slashes Onshore Wind Unit Workforce

October 6, 2022 | finance.yahoo.com

7 top economic minds think a global recession is coming soon

October 5, 2022 | finance.yahoo.com

Icahn, Short Sellers Reap Rewards From Twitter Bet

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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IEP Company Calendar

Last Earnings: 11/02/2021
Ex-Dividend for 9/28 Dividend: 8/18/2022
Dividend Payable: 9/28/2022
Ex-Dividend for 12/21 Dividend: 11/17/2022
Today: 12/07/2022
Dividend Payable: 12/21/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/24/2023

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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): ($1.44)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 132.16
P/E Growth: N/A
Net Income: $-518,000,000.00
Net Margins: -2.66%
Pretax Margin: -3.98%
Return on Equity: -3.31%
Return on Assets: -1.18%

Debt

Debt-to-Equity Ratio: 0.72
Current Ratio: 6.10
Quick Ratio: 6.10

Sales & Book Value

Annual Sales: $11.33 billion
Price / Sales: 1.50
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $33.53 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 337,470,000
Free Float: 33,410,000
Market Cap: $16.95 billion
Optionable: Optionable
Beta: 0.77

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 on January 1st, 2022. Since then, IEP stock has increased by 1.4% and is now trading at $50.27.
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 Friday, February 24th 2023.
View our IEP earnings forecast.
How were Icahn Enterprises' earnings last quarter?: Icahn Enterprises L.P. (NASDAQ:IEP) announced its quarterly earnings data on Tuesday, November, 2nd. The conglomerate reported ($0.55) earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.66. The conglomerate had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Icahn Enterprises had a negative trailing twelve-month return on equity of 3.31% and a negative net margin of 2.66%. During the same period in the prior year, the business earned ($3.14) EPS.
How often does Icahn Enterprises pay dividends? What is the dividend yield for Icahn Enterprises?: Icahn Enterprises announced a quarterly dividend on Thursday, November 3rd. Investors of record on Friday, November 18th will be given a dividend of $2.00 per share on Wednesday, December 21st. This represents a $8.00 dividend on an annualized basis and a yield of 15.91%. The ex-dividend date is Thursday, November 17th.
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 15.90%. 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 many different institutional and retail investors. Top institutional investors include Horizon Kinetics Asset Management LLC (0.13%), Ulrich Consultants & Investment Group LLC (0.04%), Group One Trading L.P. (0.00%), Citadel Advisors LLC (0.00%), Royal Bank of Canada (0.03%) and BNP Paribas Arbitrage SNC (0.03%). 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 $50.27.
How much money does Icahn Enterprises make?: Icahn Enterprises (NASDAQ:IEP) has a market capitalization of $16.96 billion and generates $11.33 billion in revenue each year. The conglomerate earns $-518,000,000.00 in net income (profit) each year or ($1.44) 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 12/7/2022 by MarketBeat.com Staff

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