Star Group - SGU Stock Forecast, Price & News

Star Group's stock was trading at $10.77 at the start of the year. Since then, SGU stock has decreased by 9.3% and is now trading at $9.77.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 14th 2022.
View our SGU earnings forecast.

Star Group, L.P. (NYSE:SGU) issued its quarterly earnings results on Wednesday, May, 2nd. The pipeline company reported $0.98 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.65 by $0.67. The pipeline company had revenue of $684.03 million for the quarter. Star Group had a net margin of 3.19% and a trailing twelve-month return on equity of 20.46%.

Star Group announced a quarterly dividend on Saturday, July 16th. Shareholders of record on Monday, July 25th will be given a dividend of $0.1525 per share on Tuesday, August 2nd. This represents a $0.61 annualized dividend and a yield of 6.24%. The ex-dividend date of this dividend is Friday, July 22nd.
Read our dividend analysis for SGU.

Star Group (NYSE:SGU) pays an annual dividend of $0.61 per share and currently has a dividend yield of 6.33%. SGU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 50.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SGU.

6 employees have rated Star Group Chief Executive Officer Daniel P. Donovan on Glassdoor.com. Daniel P. Donovan has an approval rating of 30% among the company's employees. This puts Daniel P. Donovan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Star Group investors own include AT&T (T), Verizon Communications (VZ), Prospect Capital (PSEC), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Ares Capital (ARCC), CVS Health (CVS), Gilead Sciences (GILD), Main Street Capital (MAIN) and Realty Income (O).

Star Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SGU."

Star Group's stock is owned by many different institutional and retail investors. Top institutional investors include Brown Advisory Inc. (4.81%), Renaissance Technologies LLC (3.44%), Locust Wood Capital Advisers LLC (1.46%), FMR LLC (1.30%), Swiss National Bank (0.22%) and Credit Suisse AG (0.09%). Insiders that own company stock include Daniel P Donovan, Jeffrey M Woosnam, Jeffrey S Hammond, Joseph R Mcdonald and Richard Ambury.
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Shares of SGU 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.
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One share of SGU stock can currently be purchased for approximately $9.77.

Star Group (NYSE:SGU) has a market capitalization of $359.34 million and generates $1.50 billion in revenue each year. The pipeline company earns $87.74 million in net income (profit) each year or $1.20 on an earnings per share basis.

The company employs 3,121 workers across the globe.

Star Group's mailing address is 9 West Broad Street, STAMFORD CT, 06902. The official website for the company is www.stargrouplp.com. The pipeline company can be reached via phone at (203) 328-7310, via email at cwitty@darrowir.com, or via fax at 203-328-7393.