Suburban Propane Partners - SPH Stock Forecast, Price & News

1 Wall Street 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 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 Wall Street analysts have issued twelve-month target prices for Suburban Propane Partners' shares. Their SPH share price forecasts range from $17.00 to $17.00. On average, they anticipate the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 7.9% 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 beginning of the year. Since then, SPH stock has increased by 3.8% and is now trading at $15.75.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our SPH earnings forecast.

Suburban Propane Partners will be holding an earnings conference call on Thursday, February 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "9922427".

Suburban Propane Partners, L.P. (NYSE:SPH) announced its quarterly earnings results on Thursday, November, 10th. The energy company reported ($0.86) EPS for the quarter. The energy company earned $237.63 million during the quarter. Suburban Propane Partners had a net margin of 9.30% and a trailing twelve-month return on equity of 26.92%.

Suburban Propane Partners announced a quarterly dividend on Thursday, January 19th. Stockholders 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 dividend yield of 8.25%. The ex-dividend date of this dividend is Monday, January 30th.
Read our dividend analysis for SPH.

Suburban Propane Partners (NYSE:SPH) pays an annual dividend of $1.30 per share and currently has a dividend yield of 8.10%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 59.63%. 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 many different institutional and retail investors. Top institutional shareholders include Inlet Private Wealth LLC (0.13%), Private Advisor Group LLC (0.09%), Mutual Advisors LLC (0.02%), Chickasaw Capital Management LLC (0.02%), Farmers & Merchants Trust Co of Chambersburg PA (0.01%) and AdvisorNet Financial Inc (0.00%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift and Michael A Schueler.
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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 $15.75.

Suburban Propane Partners (NYSE:SPH) has a market capitalization of $999.90 million and generates $1.50 billion in revenue each year. The energy company earns $139.71 million in net income (profit) each year or $2.18 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.