NYSE:SPLP

Steel Partners (SPLP) Stock Forecast, Price & News

$43.88

+1.11 (+2.60%)

(As of 06/2/2023 ET)

Compare

Today's Range: $43.88
▼
$43.88
50-Day Range: $41.00
▼
$45.00
52-Week Range: $38.00
▼
$47.62

Volume: 171 shs
Average Volume: 10,674 shs
Market Capitalization: $950.77 million

P/E Ratio: 4.94
Dividend Yield: N/A
Price Target: N/A

Steel Partners MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
$916,689 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Multi-Sector Conglomerates Sector

14th out of 19 stocks

Miscellaneous Primary Metal Products Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Steel Partners.

5.0

Short Interest

Percentage of Shares Shorted
0.12% of the float of Steel Partners has been sold short.
Short Interest Ratio / Days to Cover
Steel Partners has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Steel Partners has recently decreased by 5.66%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Steel Partners does not currently pay a dividend.
Dividend Growth
Steel Partners does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SPLP.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Steel Partners this week, compared to 0 articles on an average week.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Steel Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $916,689.00 in company stock.
Percentage Held by Insiders
70.20% of the stock of Steel Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
90.03% of the stock of Steel Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Steel Partners is 4.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Steel Partners is 4.94, which means that it is trading at a less expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 6.29.
Price to Book Value per Share Ratio
Steel Partners has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Steel Partners (NYSE:SPLP) Stock

Steel Partners Holdings LP engages in owning and operating businesses in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking, and youth sports. It operates through the following segments: Diversified Industrial, Energy, Financial Services, and Corporate and Other. The Diversified Industrial segment includes manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and a packaging business. The Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business. The Financial Services segment consists primarily of the operations of WebBank. The Corporate and Other segment includes several consolidated subsidiaries, including Steel Services, equity method and other investments, and cash and cash equivalents. The company was founded on December 16, 2008 and is headquartered in New York, NY.

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SPLP Stock News Headlines

June 1, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Now Covered by StockNews.com

May 15, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Steel Partners (NYSE:SPLP)

June 3, 2023 | Altimetry (Ad)

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May 12, 2023 | americanbankingnews.com

Steel Partners Holdings L.P. (NYSE:SPLP) President Sells $118,547.28 in Stock

April 29, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Shares Gap Down to $42.46

April 20, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Shares Gap Up to $41.02

April 19, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Shares Gap Down to $43.00

April 14, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Research Coverage Started at StockNews.com

June 3, 2023 | Behind the Markets (Ad)

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April 5, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Receives New Coverage from Analysts at StockNews.com

April 2, 2023 | americanbankingnews.com

Insider Selling: Steel Partners Holdings L.P. (NYSE:SPLP) President Sells $296,463.40 in Stock

April 1, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Shares Gap Up to $42.88

March 30, 2023 | americanbankingnews.com

Steel Partners Holdings L.P. (NYSE:SPLP) President Sells $272,578.70 in Stock

March 29, 2023 | americanbankingnews.com

Steel Partners Holdings L.P. (NYSE:SPLP) President Jack L. Howard Sells 10,000 Shares

March 28, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Coverage Initiated by Analysts at StockNews.com

March 24, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Shares Gap Down to $42.92

February 10, 2023 | finance.yahoo.com

Steel Partners and Steel Sports Announce OMG Inc as the 2022 Kids First Cup Winner

January 17, 2023 | seekingalpha.com

Steel Partners Should Come Back With A More Equitable Offer For Steel Connect

December 3, 2022 | seekingalpha.com

Steel Partners Holdings 2/2026 Term Preferred Stock: A Solid 8.9% Yield To Maturity

November 15, 2022 | seekingalpha.com

Steel Connect sinks after Steel Partners parent nixes merger deal

November 15, 2022 | finance.yahoo.com

Steel Partners and Steel Connect Announce Termination of Merger

October 9, 2022 | fool.com

Steel Partners Holdings Partnership Unit (NYSE: SPLP)

September 23, 2022 | finance.yahoo.com

Steel Partners Celebrates Tommy Lasorda Day with the Town of Fullerton

September 15, 2022 | finance.yahoo.com

Steel Partners Holdings 2021 Schedule K-3 Available

September 1, 2022 | seekingalpha.com

SPLP Steel Partners Holdings L.P.

July 28, 2022 | finance.yahoo.com

Steel Partners Celebrates National Intern Day with Milwaukee Town Hall and Interns Event

July 19, 2022 | finance.yahoo.com

Steel Sports and ModusLink's Kids First Road Show Partners with Miami Marlins, Hits Tropical Park in Miami on July 18-22 with the Marlins Youth Academy Summer Camp

See More Headlines

SPLP Price History

30 days | 90 days | 365 days | Advanced Chart

SPLP Company Calendar

Last Earnings: 3/08/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/04/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous primary metal products
Sub-Industry: N/A
Sector: Multi-Sector Conglomerates
Current Symbol: NYSE:SPLP
CUSIP: N/A
CIK: 1452857
Web: www.steelpartners.com
Phone: (212) 520-2300
Fax: 212-520-2301
Employees: 4,100
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $8.88
Trailing P/E Ratio: 4.94
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $205.97 million
Net Margins: 13.04%
Pretax Margin: 17.41%
Return on Equity: 20.56%
Return on Assets: 5.00%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 1.11
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $1.70 billion
Price / Sales: 0.56
Cash Flow: $9.12 per share
Price / Cash Flow: 4.81
Book Value: $37.84 per share
Price / Book: 1.16

Miscellaneous

Outstanding Shares: 21,670,000
Free Float: 6,457,000
Market Cap: $950.77 million
Optionable: Not Optionable
Beta: 1.31

Key Executives

Warren G. Lichtenstein
Executive Chairman & Chief Executive Officer

Jack Lawrence Howard
President & Director

Jason Wong
Chief Financial Officer

Rory J. Yanchek
President-MTI

Gary W. Tankard
Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPLP Stock - Frequently Asked Questions

How have SPLP shares performed in 2023?: Steel Partners' stock was trading at $42.80 at the beginning of 2023. Since then, SPLP shares have increased by 2.5% and is now trading at $43.8750.
View the best growth stocks for 2023 here.
When is Steel Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our SPLP earnings forecast.
How were Steel Partners' earnings last quarter?: Steel Partners Holdings L.P. (NYSE:SPLP) released its earnings results on Wednesday, March, 8th. The conglomerate reported $2.82 earnings per share (EPS) for the quarter. The conglomerate had revenue of $422.62 million for the quarter. Steel Partners had a trailing twelve-month return on equity of 20.56% and a net margin of 13.04%.
What ETFs hold Steel Partners' stock?: ETFs with the largest weight of Steel Partners (NYSE:SPLP) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC),
What other stocks do shareholders of Steel Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Steel Partners investors own include Teekay LNG Partners (TGP), Vermilion Energy (VET), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Iron Mountain (IRM), Sunrun (RUN), Schnitzer Steel Industries (SCHN) and Shaw Communications (SJR).
What is Steel Partners' stock symbol?: Steel Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPLP."

Who are Steel Partners' major shareholders?: Steel Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Steel Partners Holdings L.P. (33.73%), Gabelli Funds LLC (3.30%), Teton Advisors Inc. (0.43%), Gamco Investors INC. ET AL (0.41%), HighTower Advisors LLC (0.11%) and Advisory Services Network LLC (0.01%). Insiders that own company stock include Eric P Karros, Gordon A Walker, Jack L Howard, Steel Excel Inc and Warren G Lichtenstein.
View institutional ownership trends.
How do I buy shares of Steel Partners?: Shares of SPLP 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.
Compare Top Brokerages Here.
What is Steel Partners' stock price today?: One share of SPLP stock can currently be purchased for approximately $43.88.
How much money does Steel Partners make?: Steel Partners (NYSE:SPLP) has a market capitalization of $950.77 million and generates $1.70 billion in revenue each year. The conglomerate earns $205.97 million in net income (profit) each year or $8.88 on an earnings per share basis.
How many employees does Steel Partners have?: The company employs 4,100 workers across the globe.
How can I contact Steel Partners?: Steel Partners' mailing address is 590 MADISON AVENUE 32ND FLOOR, NEW YORK NY, 10022. The official website for the company is www.steelpartners.com. The conglomerate can be reached via phone at (212) 520-2300, via email at jgolembeske@steelpartners.com, or via fax at 212-520-2301.

This page (NYSE:SPLP) was last updated on 6/3/2023 by MarketBeat.com Staff

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