NYSE:MMP - Magellan Midstream Partners Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $69.55 +0.33 (+0.48 %) (As of 07/20/2018 04:00 PM ET)Previous Close$69.55Today's Range$68.76 - $69.9752-Week Range$54.82 - $75.82Volume818,871 shsAverage Volume738,151 shsMarket Capitalization$15.80 billionP/E Ratio18.25Dividend Yield5.42%Beta0.76 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2017, it had 9,700-mile refined products pipeline system with 53 terminals, as well as 26 independent terminals; 1,100-mile ammonia pipeline system; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 28 million barrels; and 5 marine terminals with an aggregate storage capacity of approximately 26 million barrels. The company serves as the general partner of Magellan GP, LLC. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma. Receive MMP News and Ratings via Email Sign-up to receive the latest news and ratings for MMP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy SymbolNYSE:MMP CUSIPN/A Webwww.magellanlp.com Phone918-574-7000 Debt Debt-to-Equity Ratio2.00 Current Ratio0.63 Quick Ratio0.38 Price-To-Earnings Trailing P/E Ratio18.25 Forward P/E Ratio16.76 P/E Growth2.78 Sales & Book Value Annual Sales$2.51 billion Price / Sales6.33 Cash Flow$4.6993 per share Price / Cash14.80 Book Value$9.34 per share Price / Book7.45 Profitability EPS (Most Recent Fiscal Year)$3.81 Net Income$869.53 million Net Margins33.71% Return on Equity41.57% Return on Assets12.32% Miscellaneous Employees1,802 Outstanding Shares228,200,000Market Cap$15,795.67 Magellan Midstream Partners (NYSE:MMP) Frequently Asked Questions What is Magellan Midstream Partners' stock symbol? Magellan Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMP." How often does Magellan Midstream Partners pay dividends? What is the dividend yield for Magellan Midstream Partners? Magellan Midstream Partners declared a quarterly dividend on Friday, April 27th. Shareholders of record on Sunday, August 5th will be given a dividend of $0.9375 per share on Tuesday, May 15th. This represents a $3.75 annualized dividend and a yield of 5.39%. The ex-dividend date is Monday, May 7th. This is an increase from Magellan Midstream Partners's previous quarterly dividend of $0.92. View Magellan Midstream Partners' Dividend History. How were Magellan Midstream Partners' earnings last quarter? Magellan Midstream Partners, L.P. (NYSE:MMP) announced its quarterly earnings data on Thursday, May, 3rd. The pipeline company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.04. The pipeline company earned $679 million during the quarter, compared to analysts' expectations of $669.70 million. Magellan Midstream Partners had a return on equity of 41.57% and a net margin of 33.71%. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. View Magellan Midstream Partners' Earnings History. When is Magellan Midstream Partners' next earnings date? Magellan Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Magellan Midstream Partners. What price target have analysts set for MMP? 14 Wall Street analysts have issued 1-year price targets for Magellan Midstream Partners' shares. Their forecasts range from $66.00 to $85.00. On average, they anticipate Magellan Midstream Partners' stock price to reach $74.3333 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Ratings for Magellan Midstream Partners. What is the consensus analysts' recommendation for Magellan Midstream Partners? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magellan Midstream Partners in the last year. There are currently 3 sell ratings, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." Who are some of Magellan Midstream Partners' key competitors? Some companies that are related to Magellan Midstream Partners include Enbridge (ENB), Mplx (MPLX), Energy Transfer Partners (ETP), Plains All American Pipeline (PAA), Andeavor Logistics (ANDX), Phillips 66 Partners (PSXP), Shell Midstream Partners (SHLX), Buckeye Partners (BPL), Plains GP (PAGP), Enbridge Energy Partners (EEP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), BP Midstream Partners (BPMP) and Noble Midstream Partners (NBLX). Who are Magellan Midstream Partners' key executives? Magellan Midstream Partners' management team includes the folowing people: Mr. Michael N. Mears, Chairman, Pres & CEO of Magellan GP, LLC (Age 55)Mr. Aaron L. Milford, Sr. VP & CFO of Magellan GP, LLC (Age 44)Ms. Lisa J. Korner, Sr. VP of HR & Admin. - Magellan GP LLC (Age 57)Mr. Douglas J. May, SVP, Gen. Counsel, Compliance & Ethics Officer & Asst. Sec. of Magellan GP LLC (Age 47)Mr. Jeff R. Selvidge, Sr. VP of Commercial for Refined Products - Magellan GP LLC (Age 57) Has Magellan Midstream Partners been receiving favorable news coverage? Press coverage about MMP stock has been trending somewhat positive on Saturday, according to Accern. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Magellan Midstream Partners earned a news impact score of 0.18 on Accern's scale. They also gave media headlines about the pipeline company an impact score of 45.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. Who are Magellan Midstream Partners' major shareholders? Magellan Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.92%), Miller Howard Investments Inc. NY (0.64%), Creative Planning (0.56%), Northstar Investment Advisors LLC (0.05%), Westpac Banking Corp (0.04%) and Port Capital LLC (0.04%). Company insiders that own Magellan Midstream Partners stock include Douglas J May, Jeff R Selvidge, Lisa J Korner and Michael N Mears. View Institutional Ownership Trends for Magellan Midstream Partners. Which major investors are selling Magellan Midstream Partners stock? MMP stock was sold by a variety of institutional investors in the last quarter, including Selz Capital LLC, Creative Planning, Bank of Montreal Can, Edge Wealth Management LLC, Adams Asset Advisors LLC, Westpac Banking Corp, Clinton Group Inc. and Washington Trust Bank. Company insiders that have sold Magellan Midstream Partners company stock in the last year include Jeff R Selvidge and Michael N Mears. View Insider Buying and Selling for Magellan Midstream Partners. Which major investors are buying Magellan Midstream Partners stock? MMP stock was purchased by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Northstar Investment Advisors LLC, Chicago Capital LLC, Steward Partners Investment Advisory LLC, Mycio Wealth Partners LLC, Catawba Capital Management VA, Port Capital LLC and MHI Funds LLC. View Insider Buying and Selling for Magellan Midstream Partners. How do I buy shares of Magellan Midstream Partners? Shares of MMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Magellan Midstream Partners' stock price today? One share of MMP stock can currently be purchased for approximately $69.55. How big of a company is Magellan Midstream Partners? Magellan Midstream Partners has a market capitalization of $15.80 billion and generates $2.51 billion in revenue each year. The pipeline company earns $869.53 million in net income (profit) each year or $3.81 on an earnings per share basis. Magellan Midstream Partners employs 1,802 workers across the globe. How can I contact Magellan Midstream Partners? Magellan Midstream Partners' mailing address is One Williams Center P.O. Box 22186, TULSA OK, 74121. The pipeline company can be reached via phone at 918-574-7000 or via email at [email protected] MarketBeat Community Rating for Magellan Midstream Partners (NYSE MMP)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 401 (Vote Outperform)Underperform Votes: 440 (Vote Underperform)Total Votes: 841MarketBeat's community ratings are surveys of what our community members think about Magellan Midstream Partners and other stocks. Vote "Outperform" if you believe MMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 7/21/2018 by MarketBeat.com StaffFeatured Article: What do investors mean by earnings per share?