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

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$22.17 -0.03 (-0.14 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$22.17
Today's Range$22.06 - $22.34
52-Week Range$18.63 - $25.16
Volume234,163 shs
Average Volume261,966 shs
Market Capitalization$1.37 billion
P/E Ratio17.88
Dividend Yield10.81%
Beta0.92
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in 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 to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. It offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; 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 in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The 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 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. As of September 29, 2018, it served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states 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 Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is headquartered in Whippany, New Jersey.

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Industry, Sector and Symbol

Industry Miscellaneous retail
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone973-887-5300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.34 billion
Cash Flow$3.3090 per share
Book Value$7.90 per share

Profitability

Net Income$76.53 million

Miscellaneous

Employees3,277
Market Cap$1.37 billion
OptionableOptionable

Suburban Propane Partners (NYSE:SPH) Frequently Asked Questions

What is Suburban Propane Partners' stock symbol?

Suburban Propane Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPH."

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

Suburban Propane Partners declared a quarterly dividend on Friday, January 25th. Stockholders of record on Tuesday, February 5th will be given a dividend of $0.60 per share on Tuesday, February 12th. This represents a $2.40 annualized dividend and a dividend yield of 10.83%. The ex-dividend date is Monday, February 4th. View Suburban Propane Partners' Dividend History.

How were Suburban Propane Partners' earnings last quarter?

Suburban Propane Partners LP (NYSE:SPH) announced its earnings results on Thursday, February, 7th. The energy company reported $0.45 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.76 by $0.31. The energy company earned $377.10 million during the quarter, compared to analysts' expectations of $402.18 million. Suburban Propane Partners had a net margin of 4.98% and a return on equity of 12.26%. View Suburban Propane Partners' Earnings History.

When is Suburban Propane Partners' next earnings date?

Suburban Propane Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Suburban Propane Partners.

What price target have analysts set for SPH?

2 analysts have issued twelve-month price objectives for Suburban Propane Partners' stock. Their forecasts range from $26.00 to $27.00. On average, they expect Suburban Propane Partners' share price to reach $26.50 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price. View Analyst Price Targets for Suburban Propane Partners.

What is the consensus analysts' recommendation for Suburban Propane Partners?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suburban Propane Partners in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Suburban Propane Partners.

Has Suburban Propane Partners been receiving favorable news coverage?

News stories about SPH stock have been trending positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Suburban Propane Partners earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Suburban Propane Partners' key competitors?

Who are Suburban Propane Partners' key executives?

Suburban Propane Partners' management team includes the folowing people:
  • Mr. Michael A. Stivala, Pres, CEO & Supervisor (Age 50)
  • Mr. Michael A. Kuglin, CFO & Chief Accounting Officer (Age 49)
  • Mr. Steven C. Boyd, Chief Operating Officer (Age 55)
  • Mr. Paul E. Abel, Sr. VP, Gen. Counsel & Sec. (Age 66)
  • Mr. Douglas T. Brinkworth, Sr. VP of Product Supply, Purchasing & Logistics (Age 58)

Who are Suburban Propane Partners' major shareholders?

Suburban Propane Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include CIBC Private Wealth Group LLC (2.12%), Energy Income Partners LLC (0.65%), Bank of Montreal Can (0.49%), Citigroup Inc. (0.39%), Bank of America Corp DE (0.38%) and Jane Street Group LLC (0.24%). Company insiders that own Suburban Propane Partners stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift, Keith P Onderdonk, Michael Kuglin, Sandra N Zwickel, Steven C Boyd and William M Landuyt. View Institutional Ownership Trends for Suburban Propane Partners.

Which major investors are selling Suburban Propane Partners stock?

SPH stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Bank of America Corp DE, IFP Advisors Inc, GAM Holding AG, Miller Howard Investments Inc. NY, Advisors Asset Management Inc., Legacy Capital Partners Inc. and Rafferty Asset Management LLC. Company insiders that have sold Suburban Propane Partners company stock in the last year include Douglas Brinkworth, Harold R Logan Jr, Jane Swift, Michael Kuglin and Steven C Boyd. View Insider Buying and Selling for Suburban Propane Partners.

Which major investors are buying Suburban Propane Partners stock?

SPH stock was bought by a variety of institutional investors in the last quarter, including Citigroup Inc., CIBC Private Wealth Group LLC, Jane Street Group LLC, Hsbc Holdings PLC, Cohen & Steers Inc., Geode Capital Management LLC, Summit Global Investments and Virtu Financial LLC. View Insider Buying and Selling for Suburban Propane Partners.

How do I buy shares of Suburban Propane Partners?

Shares of SPH 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 Suburban Propane Partners' stock price today?

One share of SPH stock can currently be purchased for approximately $22.17.

How big of a company is Suburban Propane Partners?

Suburban Propane Partners has a market capitalization of $1.37 billion and generates $1.34 billion in revenue each year. The energy company earns $76.53 million in net income (profit) each year or $1.24 on an earnings per share basis. Suburban Propane Partners employs 3,277 workers across the globe.

What is Suburban Propane Partners' official website?

The official website for Suburban Propane Partners is http://www.suburbanpropane.com.

How can I contact Suburban Propane Partners?

Suburban Propane Partners' mailing address is 240 ROUTE 10 WEST, WHIPPANY NJ, 07981. The energy company can be reached via phone at 973-887-5300.


MarketBeat Community Rating for Suburban Propane Partners (NYSE SPH)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  532
MarketBeat's community ratings are surveys of what our community members think about Suburban Propane Partners and other stocks. Vote "Outperform" if you believe SPH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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