NYSE:SPH

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

$19.67
+0.25 (+1.29%)
(As of 04/22/2024 ET)
Today's Range
$19.18
$19.76
50-Day Range
$18.59
$21.30
52-Week Range
$14.42
$22.33
Volume
250,566 shs
Average Volume
149,099 shs
Market Capitalization
$1.26 billion
P/E Ratio
12.37
Dividend Yield
6.61%
Price Target
$17.00

Suburban Propane Partners MarketRank™ Stock Analysis

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
13.6% Downside
$17.00 Price Target
Short Interest
Healthy
3.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of Suburban Propane Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$502,580 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.42 out of 5 stars

Oils/Energy Sector

229th out of 234 stocks

Miscellaneous Retail Industry

7th out of 8 stocks

SPH stock logo

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

SPH Stock News Headlines

Suburban Propane Partners L.P.
Here’s how to start a “Weekend Side Hustle” from your sofa
Here’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.
SPH Suburban Propane Partners, L.P. Common Units
Suburban Propane Partners LP (SPH)
Here’s how to start a “Weekend Side Hustle” from your sofa
Here’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.
Best utility stocks of February 2024
SPH Mar 2024 20.000 call
Suburban Propane Partners L P Partnership Units
Q1 2024 Suburban Propane Partners LP Earnings Call
Suburban Propane Partners Earnings Preview
See More Headlines
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Company Calendar

Ex-Dividend for 2/13 Dividend
2/05/2024
Last Earnings
2/08/2024
Dividend Payable
2/13/2024
Today
4/22/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous retail
Sub-Industry
N/A
Employees
3,240
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$17.00
Low Stock Price Target
$17.00
Potential Upside/Downside
-13.6%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$123.75 million
Pretax Margin
7.43%

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Cash Flow
$2.97 per share
Book Value
$8.60 per share

Miscellaneous

Free Float
62,676,000
Market Cap
$1.26 billion
Optionable
Optionable
Beta
0.43
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Key Executives

  • Mr. Michael A. Stivala (Age 55)
    President, CEO & Supervisor
    Comp: $2.24M
  • Mr. Michael A. Kuglin (Age 54)
    Chief Financial Officer
    Comp: $1.06M
  • Mr. Steven C. Boyd (Age 60)
    Chief Operating Officer
    Comp: $1.07M
  • Mr. Douglas T. Brinkworth (Age 63)
    Senior Vice President of Product Supply, Purchasing & Logistics
    Comp: $958.51k
  • Mr. Neil E. Scanlon (Age 59)
    Senior Vice President of Information Services
    Comp: $848.73k
  • Mr. Daniel S. Bloomstein CPA (Age 51)
    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 54)
    Vice President of Human Resources
  • Mr. A. Davin D'Ambrosio (Age 60)
    VP & Treasurer

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 year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" SPH shares.
View SPH analyst ratings
or view top-rated stocks.

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

1 brokerages have issued twelve-month price targets for Suburban Propane Partners' shares. Their SPH share price targets range from $17.00 to $17.00. On average, they predict the company's share price to reach $17.00 in the next year. This suggests that the stock has a possible downside of 13.6%.
View analysts price targets for SPH
or view top-rated stocks among Wall Street analysts.

How have SPH shares performed in 2024?

Suburban Propane Partners' stock was trading at $17.76 on January 1st, 2024. Since then, SPH stock has increased by 10.8% and is now trading at $19.67.
View the best growth stocks for 2024 here
.

Are investors shorting Suburban Propane Partners?

Suburban Propane Partners saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 2,090,000 shares, a decrease of 20.5% from the February 29th total of 2,630,000 shares. Based on an average daily volume of 408,800 shares, the days-to-cover ratio is currently 5.1 days. Approximately 3.4% of the company's stock are short sold.
View Suburban Propane Partners' Short Interest
.

When is Suburban Propane Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SPH earnings forecast
.

How were Suburban Propane Partners' earnings last quarter?

Suburban Propane Partners, L.P. (NYSE:SPH) released its quarterly earnings data on Thursday, February, 8th. The energy company reported $0.38 earnings per share (EPS) for the quarter. The energy company had revenue of $365.83 million for the quarter. Suburban Propane Partners had a trailing twelve-month return on equity of 17.97% and a net margin of 7.36%.

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, January 25th. Shareholders of record on Tuesday, February 6th will be paid a dividend of $0.325 per share on Tuesday, February 13th. This represents a $1.30 annualized dividend and a dividend yield of 6.61%. The ex-dividend date of this dividend is Monday, February 5th.
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 6.69%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
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 X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Global SuperDividend US ETF (DIV), Global X Alternative Income ETF (ALTY), VanEck Green Infrastructure ETF (RNEW) and InfraCap MLP ETF (AMZA) and

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 many different retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.23%), Wealth Enhancement Advisory Services LLC (0.06%), Wealthstar Advisors LLC (0.04%) and Legacy Financial Strategies LLC (0.03%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift, Michael A Schueler, Michael A Stivala, Nandini Sankara, Neil Scanlon 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SPH) was last updated on 4/23/2024 by MarketBeat.com Staff

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