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NYSE:SPH

Suburban Propane Partners Stock Forecast, Price & News

$14.03
+0.25 (+1.81 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$13.73
Now: $14.03
$14.21
50-Day Range
$12.58
MA: $13.23
$14.31
52-Week Range
$8.64
Now: $14.03
$24.45
Volume517,551 shs
Average Volume331,750 shs
Market Capitalization$871.91 million
P/E Ratio17.54
Dividend Yield8.71%
Beta1.02
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.63 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.27 billion
Cash Flow$3.24 per share
Book Value$6.87 per share

Profitability

Net Income$68.63 million

Miscellaneous

Employees3,369
Market Cap$871.91 million
Next Earnings Date11/12/2020 (Estimated)
OptionableOptionable
$14.03
+0.25 (+1.81 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Suburban Propane Partners (NYSE:SPH) Frequently Asked Questions

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. Since then, SPH shares have decreased by 18.1% and is now trading at $14.03.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Suburban Propane Partners?

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

When is Suburban Propane Partners' next earnings date?

Suburban Propane Partners is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020.
View our earnings forecast for Suburban Propane Partners
.

How were Suburban Propane Partners' earnings last quarter?

Suburban Propane Partners LP (NYSE:SPH) released its quarterly earnings data on Thursday, August, 6th. The energy company reported ($0.25) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.57) by $0.32. The energy company had revenue of $206.91 million for the quarter, compared to analyst estimates of $187.34 million. Suburban Propane Partners had a return on equity of 11.66% and a net margin of 4.57%.
View Suburban Propane Partners' earnings history
.

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 Thursday, July 23rd. Shareholders of record on Tuesday, August 4th will be given a dividend of $0.30 per share on Tuesday, August 11th. This represents a $1.20 dividend on an annualized basis and a yield of 8.55%. The ex-dividend date of this dividend is Monday, August 3rd.
View Suburban Propane Partners' dividend history
.

What price target have analysts set for SPH?

3 analysts have issued 1 year target prices for Suburban Propane Partners' stock. Their forecasts range from $16.00 to $18.00. On average, they anticipate Suburban Propane Partners' stock price to reach $17.00 in the next year. This suggests a possible upside of 21.2% from the stock's current price.
View analysts' price targets for Suburban Propane Partners
.

Are investors shorting Suburban Propane Partners?

Suburban Propane Partners saw a increase in short interest in August. As of August 31st, there was short interest totaling 585,600 shares, an increase of 32.0% from the August 15th total of 443,700 shares. Based on an average daily volume of 323,300 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.0% of the company's shares are sold short.
View Suburban Propane Partners' Short Interest
.

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 LP Unit (ET), AT&T (T), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), ANNALY CAP MGMT/SH (NLY), Verizon Communications (VZ), Ford Motor (F), Pfizer (PFE), CVS Health (CVS) and AGNC Investment (AGNC).

Who are Suburban Propane Partners' key executives?

Suburban Propane Partners' management team includes the following 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)

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 a number of retail and institutional investors. Top institutional shareholders include UBS Group AG (0.69%), Miller Howard Investments Inc. NY (0.69%), Goldman Sachs Group Inc. (0.62%), Bank of Montreal Can (0.60%), Levin Capital Strategies L.P. (0.57%) and Federated Hermes Inc. (0.26%). Company insiders that own Suburban Propane Partners stock include Daniel S Bloomstein, Douglas Brinkworth, Harold R Logan Jr, Jane Swift, Michael A Schueler, Michael Kuglin, Neil Scanlon and Sandra N Zwickel.
View institutional ownership trends for Suburban Propane Partners
.

Which institutional investors are selling Suburban Propane Partners stock?

SPH stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Goldman Sachs Group Inc., Federated Hermes Inc., HighTower Advisors LLC, Janney Montgomery Scott LLC, US Bancorp DE, Advisor Group Holdings Inc., and Rafferty Asset Management LLC.
View insider buying and selling activity for Suburban Propane Partners
.

Which institutional investors are buying Suburban Propane Partners stock?

SPH stock was bought by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., CIBC Private Wealth Group LLC, Sumitomo Mitsui Trust Holdings Inc., Bank of Montreal Can, Miller Howard Investments Inc. NY, Howard Financial Services LTD., Washington Trust Bank, and Bank of New York Mellon Corp.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Suburban Propane Partners' stock price today?

One share of SPH stock can currently be purchased for approximately $14.03.

How big of a company is Suburban Propane Partners?

Suburban Propane Partners has a market capitalization of $871.91 million and generates $1.27 billion in revenue each year. The energy company earns $68.63 million in net income (profit) each year or $1.10 on an earnings per share basis. Suburban Propane Partners employs 3,369 workers across the globe.

What is Suburban Propane Partners' official website?

The official website for Suburban Propane Partners is 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.

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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