Should I buy or sell Suburban Propane Partners stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suburban Propane Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPH, but not buy additional shares or sell existing shares. View SPH analyst ratings or view top-rated stocks .

What is Suburban Propane Partners' stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for Suburban Propane Partners' shares. Their SPH share price targets range from $16.00 to $16.00. On average, they anticipate the company's share price to reach $16.00 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts price targets for SPH or view top-rated stocks among Wall Street analysts .

How have SPH shares performed in 2023?

Suburban Propane Partners' stock was trading at $15.18 at the beginning of 2023. Since then, SPH shares have increased by 11.3% and is now trading at $16.89. View the best growth stocks for 2023 here .

When is Suburban Propane Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our SPH earnings forecast .

How were Suburban Propane Partners' earnings last quarter?

Suburban Propane Partners, L.P. (NYSE:SPH) posted its earnings results on Thursday, November, 9th. The energy company reported ($0.33) EPS for the quarter. The energy company earned $226.60 million during the quarter. Suburban Propane Partners had a trailing twelve-month return on equity of 21.89% and a net margin of 8.66%.

How often does Suburban Propane Partners pay dividends? What is the dividend yield for Suburban Propane Partners?

Suburban Propane Partners announced a quarterly dividend on Thursday, October 26th. Investors of record on Tuesday, November 7th will be paid a dividend of $0.325 per share on Tuesday, November 14th. This represents a $1.30 dividend on an annualized basis and a yield of 7.70%. The ex-dividend date is Monday, November 6th. Read our dividend analysis for SPH .

Is Suburban Propane Partners a good dividend stock?

Suburban Propane Partners (NYSE:SPH) pays an annual dividend of $1.30 per share and currently has a dividend yield of 7.69%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.71%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SPH .

What ETFs hold Suburban Propane Partners' stock?

ETFs with the largest weight of Suburban Propane Partners (NYSE:SPH) stock in their portfolio include Global SuperDividend US ETF (DIV) , Global X Alternative Income ETF (ALTY) and Ecofin US Renewables Infrastructure (RNEW) .

What is Michael A. Stivala's approval rating as Suburban Propane Partners' CEO?

30 employees have rated Suburban Propane Partners Chief Executive Officer Michael A. Stivala on Glassdoor.com . Michael A. Stivala has an approval rating of 36% among the company's employees. This puts Michael A. Stivala in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Suburban Propane Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Suburban Propane Partners investors own include Energy Transfer (ET) , Enterprise Products Partners (EPD) , AT&T (T) , Omega Healthcare Investors (OHI) , Annaly Capital Management (NLY) , Verizon Communications (VZ) , Pfizer (PFE) , CVS Health (CVS) , Ford Motor (F) and AGNC Investment (AGNC) .

Who are Suburban Propane Partners' major shareholders?

Suburban Propane Partners' stock is owned by a variety of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (2.07%), Invesco Ltd. (1.98%), Bowen Hanes & Co. Inc. (1.24%), Mirae Asset Global Investments Co. Ltd. (1.18%), Clearbridge Investments LLC (1.07%) and Levin Capital Strategies L.P. (0.69%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift , Michael A Schueler , Nandini Sankara and Samuel Hodges. View institutional ownership trends .

How do I buy shares of Suburban Propane Partners?

Shares of SPH 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 .

Suburban Propane Partners Stock Price, News & Analysis (NYSE:SPH)

$16.89

-0.02 (-0.12%)

(As of 12/8/2023 ET)

Compare

Today's Range: $16.78
▼
$17.08
50-Day Range: $15.67
▼
$17.75
52-Week Range: $14.42
▼
$17.78

Volume: 656,970 shs
Average Volume: 322,540 shs
Market Capitalization: $1.08 billion

P/E Ratio: 8.80
Dividend Yield: 7.70%
Price Target: $16.00

Suburban Propane Partners MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 5.3% Downside
$16.00 Price Target
Short Interest: Healthy
1.87% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.39
Based on 6 Articles This Week
Insider Trading: Selling Shares
$402,078 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.52 out of 5 stars

Oils/Energy Sector

209th out of 223 stocks

Miscellaneous Retail Industry

7th out of 8 stocks

1.0

Analyst's Opinion

Consensus Rating
Suburban Propane Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.00, Suburban Propane Partners has a forecasted downside of 5.3% from its current price of $16.89.
Amount of Analyst Coverage
Suburban Propane Partners has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.87% of the float of Suburban Propane Partners has been sold short.
Short Interest Ratio / Days to Cover
Suburban Propane Partners has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Suburban Propane Partners has recently decreased by 2.56%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Suburban Propane Partners is a leading dividend payer. It pays a dividend yield of 7.69%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Suburban Propane Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Suburban Propane Partners is 67.71%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

1.9

News and Social Media Coverage

News Sentiment
Suburban Propane Partners has a news sentiment score of 0.39. 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 is a lower news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Suburban Propane Partners this week, compared to 1 article on an average week.
Search Interest
Only 7 people have searched for SPH on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Suburban Propane Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Suburban Propane Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $402,078.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Suburban Propane Partners is held by insiders.
Percentage Held by Institutions
Only 17.49% of the stock of Suburban Propane Partners is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Suburban Propane Partners is 8.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Suburban Propane Partners is 8.80, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.59.
Price to Book Value per Share Ratio
Suburban Propane Partners has a P/B Ratio of 1.96. 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 Suburban Propane Partners Stock (NYSE:SPH)

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels in the United States. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. Its Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use in primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. The company serves residential, commercial, industrial, and agricultural customers primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Propane Partners, L.P. was founded in 1945 and is based in Whippany, New Jersey.

SPH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SPH Stock News Headlines

December 7, 2023 | finance.yahoo.com

Suburban Propane Named Finalist in Three Categories in 25th Annual Platts Global Energy Awards

December 5, 2023 | marketwatch.com

Suburban Propane Partners Names Alejandro Centeno As Next COO

December 10, 2023 | Wealthpress (Ad)

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December 5, 2023 | msn.com

Suburban Propane Partners COO to retire

December 5, 2023 | finance.yahoo.com

Suburban Propane Partners Announces that Steven C. Boyd, its Chief Operating Officer, Will Retire Effective January 1, 2025

December 5, 2023 | americanbankingnews.com

Suburban Propane Partners, L.P. (NYSE:SPH) SVP Douglas Brinkworth Sells 9,000 Shares of Stock

November 28, 2023 | finance.yahoo.com

Suburban Propane and Baltimore Hunger Project Assemble Weekend Food Packages to Help Students Facing Food Insecurity

November 16, 2023 | benzinga.com

Suburban Propane Partners Recent Insider Activity

December 10, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 16, 2023 | finance.yahoo.com

Suburban Propane Joins One Heart for Women and Children for Mobile Food Distribution Event

November 16, 2023 | seekingalpha.com

Suburban Propane: M&A Rumors Boost Stock Price, Maintain Hold

November 10, 2023 | finance.yahoo.com

Suburban Propane Partners, L.P. (NYSE:SPH) Q4 2023 Earnings Call Transcript

November 10, 2023 | finance.yahoo.com

Q4 2023 Suburban Propane Partners LP Earnings Call

November 9, 2023 | finance.yahoo.com

Suburban Propane Partners LP Reports Full Year and Q4 Earnings Amidst Challenging Conditions

November 8, 2023 | msn.com

Suburban Propane Partners FQ4 2023 Earnings Preview

October 25, 2023 | finance.yahoo.com

Suburban Propane Partners, L.P. to Hold Fiscal 2023 Full Year and Fourth Quarter Results Conference Call

October 10, 2023 | finance.yahoo.com

Suburban Propane Partners LP (SPH): A Fairly Valued Stock in the Market?

October 9, 2023 | stocknews.com

3 Energy Stocks Set to Make Gains in October

September 28, 2023 | finance.yahoo.com

Unveiling Suburban Propane Partners LP (SPH)'s Value: Is It Really Priced Right? A ...

September 28, 2023 | finance.yahoo.com

Suburban Propane Partners LP (SPH): A Deep Dive into Its Performance Potential

September 1, 2023 | seekingalpha.com

Suburban Propane: Downgrading To Hold On Softening Fundamentals

August 30, 2023 | finance.yahoo.com

Suburban Renewables Sponsors Hydrogen Racing in Las Vegas

August 24, 2023 | finance.yahoo.com

Suburban Propane Collaborates with Sunbury Urban Farm to Provide a Bike Blender for Farm & Forest School Students

August 11, 2023 | markets.businessinsider.com

Suburban Propane (SPH) Receives a Hold from Mizuho Securities

August 10, 2023 | finance.yahoo.com

Suburban Propane Partners, L.P.: Maintaining BUY after fiscal 3Q results

August 3, 2023 | finance.yahoo.com

Suburban Propane and Move America Forward Unite to Support Over 1,000 Deployed Troops and Military Families

July 27, 2023 | benzinga.com

Friday Is Your Last Chance To Buy Suburban Propane Partners Before The Dividend Payout

See More Headlines

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Company Calendar

Ex-Dividend for 11/14 Dividend: 11/06/2023
Last Earnings: 11/09/2023
Dividend Payable: 11/14/2023
Today: 12/10/2023
Next Earnings (Estimated): 2/01/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous retail
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:SPH
CUSIP: N/A
CIK: 1005210
Web: www.suburbanpropane.com
Phone: (973) 887-5300
Fax: 973-515-5981
Employees: 3,240
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.00
High Stock Price Target: $16.00
Low Stock Price Target: $16.00
Potential Upside/Downside: -5.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.92
Trailing P/E Ratio: 8.80
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $123.75 million
Net Margins: 8.66%
Pretax Margin: 8.71%
Return on Equity: 21.89%
Return on Assets: 5.46%

Debt

Debt-to-Equity Ratio: 2.17
Current Ratio: 0.53
Quick Ratio: 0.33

Sales & Book Value

Annual Sales: $1.43 billion
Price / Sales: 0.76
Cash Flow: $2.93 per share
Price / Cash Flow: 5.76
Book Value: $8.60 per share
Price / Book: 1.96

Miscellaneous

Outstanding Shares: 64,010,000
Free Float: 63,183,000
Market Cap: $1.08 billion
Optionable: Optionable
Beta: 0.56

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Key Executives

Mr. Michael A. Stivala (Age 54)
President, CEO & Supervisor
Comp: $2.24M
Mr. Michael A. Kuglin (Age 53)
Chief Financial Officer
Comp: $1.06M
Mr. Steven C. Boyd (Age 59)
Chief Operating Officer
Comp: $1.07M
Mr. Douglas T. Brinkworth (Age 62)
Senior Vice President of Product Supply, Purchasing & Logistics
Comp: $958.51k
Mr. Neil E. Scanlon (Age 58)
Senior Vice President of Information Services
Comp: $848.73k
Mr. Daniel S. Bloomstein CPA (Age 50)
Chief Accounting Officer, VP & Controller
Mr. Bryon Lee Koepke (Age 51)
VP, General Counsel & Secretary
Ms. Nandini Sankara (Age 44)
Vice President of Marketing & Brand Strategy
Ms. Francesca Cleffi (Age 53)
Vice President of Human Resources
Mr. A. Davin D'Ambrosio (Age 59)
VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPH Stock Analysis - Frequently Asked Questions

Should I buy or sell Suburban Propane Partners stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suburban Propane Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPH, but not buy additional shares or sell existing shares.
View SPH analyst ratings or view top-rated stocks.
What is Suburban Propane Partners' stock price target for 2024?: 1 Wall Street analysts have issued 1 year target prices for Suburban Propane Partners' shares. Their SPH share price targets range from $16.00 to $16.00. On average, they anticipate the company's share price to reach $16.00 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts price targets for SPH or view top-rated stocks among Wall Street analysts.
How have SPH shares performed in 2023?: Suburban Propane Partners' stock was trading at $15.18 at the beginning of 2023. Since then, SPH shares have increased by 11.3% and is now trading at $16.89.
View the best growth stocks for 2023 here.
When is Suburban Propane Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our SPH earnings forecast.
How were Suburban Propane Partners' earnings last quarter?: Suburban Propane Partners, L.P. (NYSE:SPH) posted its earnings results on Thursday, November, 9th. The energy company reported ($0.33) EPS for the quarter. The energy company earned $226.60 million during the quarter. Suburban Propane Partners had a trailing twelve-month return on equity of 21.89% and a net margin of 8.66%.
How often does Suburban Propane Partners pay dividends? What is the dividend yield for Suburban Propane Partners?: Suburban Propane Partners announced a quarterly dividend on Thursday, October 26th. Investors of record on Tuesday, November 7th will be paid a dividend of $0.325 per share on Tuesday, November 14th. This represents a $1.30 dividend on an annualized basis and a yield of 7.70%. The ex-dividend date is Monday, November 6th.
Read our dividend analysis for SPH.

Is Suburban Propane Partners a good dividend stock?: Suburban Propane Partners (NYSE:SPH) pays an annual dividend of $1.30 per share and currently has a dividend yield of 7.69%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SPH.
What ETFs hold Suburban Propane Partners' stock?: ETFs with the largest weight of Suburban Propane Partners (NYSE:SPH) stock in their portfolio include Global SuperDividend US ETF (DIV), Global X Alternative Income ETF (ALTY) and Ecofin US Renewables Infrastructure (RNEW).
What is Michael A. Stivala's approval rating as Suburban Propane Partners' CEO?: 30 employees have rated Suburban Propane Partners Chief Executive Officer Michael A. Stivala on Glassdoor.com. Michael A. Stivala has an approval rating of 36% among the company's employees. This puts Michael A. Stivala in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Suburban Propane Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Suburban Propane Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Omega Healthcare Investors (OHI), Annaly Capital Management (NLY), Verizon Communications (VZ), Pfizer (PFE), CVS Health (CVS), Ford Motor (F) and AGNC Investment (AGNC).
Who are Suburban Propane Partners' major shareholders?: Suburban Propane Partners' stock is owned by a variety of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (2.07%), Invesco Ltd. (1.98%), Bowen Hanes & Co. Inc. (1.24%), Mirae Asset Global Investments Co. Ltd. (1.18%), Clearbridge Investments LLC (1.07%) and Levin Capital Strategies L.P. (0.69%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift, Michael A Schueler, Nandini Sankara and Samuel Hodges.
View institutional ownership trends.
How do I buy shares of Suburban Propane Partners?: Shares of SPH 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.

This page (NYSE:SPH) was last updated on 12/10/2023 by MarketBeat.com Staff

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