NYSE:SPH

Suburban Propane Partners Stock Forecast, Price & News

$15.27
-0.03 (-0.20 %)
(As of 09/17/2021 01:00 PM ET)
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Today's Range
$15.21
$15.33
50-Day Range
$15.14
$16.31
52-Week Range
$13.44
$18.18
Volume1,959 shs
Average Volume337,312 shs
Market Capitalization$954.96 million
P/E Ratio9.79
Dividend Yield8.55%
Beta0.65
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Suburban Propane Partners logo

About Suburban Propane Partners

Suburban Propane Partners LP engages in the business of liquefied petroleum gas business. It operates through the following business segments: Propane; Fuel Oil and Refined Fuels; Natural Gas and Electricity; and All Other. The Propane segment engages in natural gas processing and petroleum refining. It also used in residential and commercial applications, industrial applications and agriculture. The Fuel Oil and Refined Fuels segment refers to the marketing and distribution of fuel oil, kerosene, diesel fuel and gasoline primarily to the northeast region of the United States. The Natural Gas and Electricity segment pertains to the generation, transmission, and distribution of natural gas and electricity among residential and small commercial customers. The All Other segment include the sale, installation and service of whole-house heating products, air cleaners, humidifiers, and space heaters to the customer who uses propane, fuel oil, natural gas and electricity businesses. The company was founded by Mark Anton in 1928 and is headquartered in Whippany, NJ.

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MarketRank

Overall MarketRank

2.24 out of 5 stars

Oils/Energy Sector

82nd out of 346 stocks

Miscellaneous Retail Industry

4th out of 15 stocks

Analyst Opinion: 2.3Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Suburban Propane Partners (NYSE:SPH) Frequently Asked Questions

Is Suburban Propane Partners a buy right now?

3 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 and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Suburban Propane Partners stock.
View analyst ratings for Suburban Propane Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Suburban Propane Partners?

Wall Street analysts have given Suburban Propane Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Suburban Propane Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Suburban Propane Partners?

Suburban Propane Partners saw a increase in short interest during the month of July. As of July 30th, there was short interest totaling 1,200,000 shares, an increase of 25.8% from the July 15th total of 953,800 shares. Based on an average daily volume of 331,700 shares, the days-to-cover ratio is presently 3.6 days. Currently, 2.0% of the company's stock are short sold.
View Suburban Propane Partners' Short Interest
.

When is Suburban Propane Partners' next earnings date?

Suburban Propane Partners is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for Suburban Propane Partners
.

How were Suburban Propane Partners' earnings last quarter?

Suburban Propane Partners, L.P. (NYSE:SPH) released its quarterly earnings data on Thursday, August, 5th. The energy company reported ($0.41) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.41). The energy company earned $238.09 million during the quarter, compared to analyst estimates of $232.45 million. Suburban Propane Partners had a trailing twelve-month return on equity of 23.13% and a net margin of 7.86%.
View Suburban Propane Partners' earnings history
.

How has Suburban Propane Partners' stock price been impacted by COVID-19 (Coronavirus)?

Suburban Propane Partners' stock was trading at $17.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SPH stock has decreased by 10.9% and is now trading at $15.28.
View which stocks have been most impacted by COVID-19
.

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, July 23rd. Shareholders of record on Tuesday, August 3rd will be given a dividend of $0.325 per share on Tuesday, August 10th. This represents a $1.30 annualized dividend and a yield of 8.51%. The ex-dividend date of this dividend is Monday, August 2nd. This is a boost from Suburban Propane Partners's previous quarterly dividend of $0.30.
View Suburban Propane Partners' dividend history
.

Is Suburban Propane Partners a good dividend stock?

Suburban Propane Partners pays an annual dividend of $1.30 per share and currently has a dividend yield of 8.55%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Suburban Propane Partners is 134.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Suburban Propane Partners will have a dividend payout ratio of 72.63% next year. This indicates that Suburban Propane Partners will be able to sustain or increase its dividend.
View Suburban Propane Partners' dividend history.

What price target have analysts set for SPH?

3 Wall Street analysts have issued twelve-month target prices for Suburban Propane Partners' shares. Their forecasts range from $16.00 to $18.00. On average, they expect Suburban Propane Partners' share price to reach $17.33 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
View analysts' price targets for Suburban Propane Partners
or view top-rated stocks among Wall Street analysts.

Who are Suburban Propane Partners' key executives?

Suburban Propane Partners' management team includes the following people:
  • Michael A. Stivala, President, CEO & Member-Supervisory Board
  • Steven C. Boyd, Chief Operating Officer
  • Michael A. Kuglin, Chief Financial & Accounting Officer
  • Neil E. Scanlon, Senior Vice President-Information Services
  • A. Davin D'Ambrosio, Treasurer & Vice President

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

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

Who are some of Suburban Propane Partners' key competitors?

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).

What is Suburban Propane Partners' stock symbol?

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

Who are Suburban Propane Partners' major shareholders?

Suburban Propane Partners' stock is owned by many different institutional and retail investors. Top institutional investors include Invesco Ltd. (7.58%), Morgan Stanley (3.30%), Morgan Stanley (3.30%), Clearbridge Investments LLC (0.89%), Hotchkis & Wiley Capital Management LLC (0.77%) and First Trust Advisors LP (0.73%). Company insiders that own Suburban Propane Partners stock include Harold R Logan Jr and Michael A Schueler.
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 Invesco Ltd., Goldman Sachs Group Inc., Credit Suisse AG, Creative Planning, Clearbridge Investments LLC, Steward Partners Investment Advisory LLC, Stifel Financial Corp, and Arrow Investment Advisors LLC.
View insider buying and selling activity for Suburban Propane Partners
or view top insider-selling stocks.

Which major investors are buying Suburban Propane Partners stock?

SPH stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, CIBC Private Wealth Group LLC, Morgan Stanley, Morgan Stanley, Marshall Wace North America L.P., Susquehanna International Group LLP, Bank of Montreal Can, and Levin Capital Strategies L.P..
View insider buying and selling activity for Suburban Propane Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Suburban Propane Partners' stock price today?

One share of SPH stock can currently be purchased for approximately $15.28.

How much money does Suburban Propane Partners make?

Suburban Propane Partners has a market capitalization of $955.58 million and generates $1.11 billion in revenue each year. The energy company earns $60.76 million in net income (profit) each year or $0.97 on an earnings per share basis.

How many employees does Suburban Propane Partners have?

Suburban Propane Partners employs 3,169 workers across the globe.

What is Suburban Propane Partners' official website?

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

Where are Suburban Propane Partners' headquarters?

Suburban Propane Partners is headquartered at 240 ROUTE 10 WEST, WHIPPANY NJ, 07981.

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.


This page was last updated on 9/17/2021 by MarketBeat.com Staff
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