Suburban Propane Partners - SPH Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Suburban Propane Partners in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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.

1 brokers have issued 1-year price objectives for Suburban Propane Partners' stock. Their SPH share price forecasts range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
View analysts price targets for SPH or view top-rated stocks among Wall Street analysts.

Suburban Propane Partners' stock was trading at $15.18 at the start of the year. Since then, SPH shares have increased by 0.1% and is now trading at $15.19.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our SPH earnings forecast.

Suburban Propane Partners, L.P. (NYSE:SPH) announced its earnings results on Thursday, November, 11th. The energy company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.68) by $0.49. The energy company earned $208.24 million during the quarter, compared to analysts' expectations of $188.03 million. Suburban Propane Partners had a trailing twelve-month return on equity of 30.18% and a net margin of 10.75%. During the same quarter in the prior year, the company earned ($0.66) EPS.

Suburban Propane Partners declared a quarterly dividend on Thursday, January 19th. Investors of record on Tuesday, January 31st will be given a dividend of $0.325 per share on Tuesday, February 7th. This represents a $1.30 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date of this dividend is Monday, January 30th.
Read our dividend analysis for SPH.

ETFs with the largest weight of Suburban Propane Partners (NYSE:SPH) stock in their portfolio include Global X Alternative Income ETF (ALTY), Invesco Zacks Multi-Asset Income ETF (CVY), Arrow Dow Jones Global Yield ETF (GYLD) and VanEck Green Infrastructure ETF (RNEW).Barrons 400 ETF (BFOR),

Suburban Propane Partners (NYSE:SPH) pays an annual dividend of $1.30 per share and currently has a dividend yield of 8.76%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.98%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SPH.

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.

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).

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

Suburban Propane Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Moneta Group Investment Advisors LLC (105.26%), JPMorgan Chase & Co. (2.11%), Morgan Stanley (1.59%), Natixis (1.27%), Clearbridge Investments LLC (0.86%) and Levin Capital Strategies L.P. (0.74%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift and Michael A Schueler.
View institutional ownership trends.

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.
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One share of SPH stock can currently be purchased for approximately $15.19.

Suburban Propane Partners (NYSE:SPH) has a market capitalization of $964.41 million and generates $1.50 billion in revenue each year. The energy company earns $139.71 million in net income (profit) each year or $2.55 on an earnings per share basis.

The company employs 3,174 workers across the globe.

Suburban Propane Partners' mailing address is 240 ROUTE 10 WEST, WHIPPANY NJ, 07981. The official website for the company is www.suburbanpropane.com. The energy company can be reached via phone at (973) 887-5300 or via fax at 973-515-5981.