NYSE:SPLP

Steel Partners (SPLP) Stock Forecast, Price & News

$44.00

-0.99 (-2.20%)

(As of 09/22/2023 08:52 PM ET)

Compare

Today's Range: $43.51
▼
$44.99
50-Day Range: $43.50
▼
$47.96
52-Week Range: $38.00
▼
$48.00

Volume: 21,900 shs
Average Volume: 4,882 shs
Market Capitalization: $939.84 million

P/E Ratio: 5.64
Dividend Yield: N/A
Price Target: N/A

Steel Partners MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.39
Based on 6 Articles This Week
Insider Trading: Selling Shares
$542,514 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.

1.76 out of 5 stars

Industrials Sector

20th out of 24 stocks

Conglomerates Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

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

3.0

Short Interest

Percentage of Shares Shorted
0.09% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Steel Partners has recently increased by 2.38%, indicating that investor sentiment is decreasing.

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.

0.9

News and Social Media Coverage

News Sentiment
Steel Partners has a news sentiment score of -0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 6 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 $542,514.00 in company stock.
Percentage Held by Insiders
75.20% 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
90.65% 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 5.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of Steel Partners is 5.64, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 472.63.
Price to Book Value per Share Ratio
Steel Partners has a P/B Ratio of 1.19. 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 L.P., together with its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, and Financial Services segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications. It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, and gears and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, as well as for electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries. Further, it manufactures and distributes coated, laminated and metallized films for imaging, aerospace, insulation and solar photo-voltaic markets; originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers drilling and production services to the oil and gas industry. Steel Partners Holdings GP Inc. serves as the general partner of the company. The company was founded in 1990 and is based in New York, New York.

SPLP Price History

30 days | 90 days | 365 days | Advanced Chart

SPLP Stock News Headlines

September 24, 2023 | americanbankingnews.com

Steel Partners (NYSE:SPLP) Shares Gap Down to $44.99

September 19, 2023 | americanbankingnews.com

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

September 25, 2023 | Behind the Markets (Ad)

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September 18, 2023 | americanbankingnews.com

Insider Selling: Steel Partners Holdings L.P. (NYSE:SPLP) President Sells $73,515.28 in Stock

September 18, 2023 | americanbankingnews.com

Steel Partners Holdings L.P. (NYSE:SPLP) President Sells $105,111.08 in Stock

September 12, 2023 | benzinga.com

Steel Partners Holdings Recent Insider Activity

August 17, 2023 | msn.com

Steel Partners Holdings: Bottom Line Remains Robust

August 7, 2023 | finance.yahoo.com

Steel Partners Holdings Announces Ryan O’Herrin Named Chief Financial Officer

September 25, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

July 28, 2023 | finance.yahoo.com

STEEL PARTNERS HOLDINGS L.P. Reduces Stake in Aerojet Rocketdyne Holdings Inc

July 13, 2023 | forbes.com

Steel Partners Holdings

June 28, 2023 | benzinga.com

President of Steel Partners Holdings Sold $447K In Stock

June 8, 2023 | finance.yahoo.com

Steel Partners Holdings Announces Joseph Martin Named Chief Administrative Officer & Chief Legal Officer and Maria Reda Named General Counsel

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

June 27, 2022 | finance.yahoo.com

Steel Partners Holdings Mourns the Passing of Board Member General Richard "Butch" Neal, USMC (Ret).

June 9, 2022 | tmcnet.com

Aerojet Rocketdyne Executive Chairman Warren Lichtenstein and CEO Candidate Mark Tucker Issue Shareholder Presentation

May 5, 2022 | finance.yahoo.com

Steel Partners Holdings Reports First Quarter Financial Results and Declares Quarterly Distribution on its Series A Preferred Units

See More Headlines

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SPLP Company Calendar

Last Earnings: 8/09/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Conglomerates
Sub-Industry: N/A
Sector: Industrials
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): $7.80
Trailing P/E Ratio: 5.64
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $205.97 million
Net Margins: 10.77%
Pretax Margin: 12.31%
Return on Equity: 23.54%
Return on Assets: 5.68%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.17
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: $1.70 billion
Price / Sales: 0.55
Cash Flow: $8.89 per share
Price / Cash Flow: 4.95
Book Value: $37.01 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 21,360,000
Free Float: 5,298,000
Market Cap: $939.84 million
Optionable: Not Optionable
Beta: 1.32

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Key Executives

Mr. Warren G. Lichtenstein (Age 58)
Exec. Chairman of Steel Partners Holdings GP Inc.
Comp: $125k

Mr. Jack Lawrence Howard (Age 61)
Pres & Director of Steel Partners Holdings GP Inc.
Comp: $1.02M

Mr. Ryan O'Herrin (Age 45)
Chief Financial Officer

Mr. Gary W. Tankard (Age 48)
Chief Accounting Officer & Controller of Steel Partners Holdings GP Inc.

Mr. Joseph Richards Martin (Age 46)
Chief Admin. Officer & Chief Legal Officer

Ms. Stephanie McKinney
Chief HR Officer

Mr. Peter O. Marciniak
Sr. VP of HR

Ms. Maria Reda
Gen. Counsel and Assistant Gen. Counsel & Sec. of Steel Partners Holdings GP Inc.

Mr. Rory Yanchek
Pres of MTI

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 stock has increased by 2.8% and is now trading at $44.00.
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 Wednesday, November 8th 2023.
View our SPLP earnings forecast.
How were Steel Partners' earnings last quarter?: Steel Partners Holdings L.P. (NYSE:SPLP) posted its earnings results on Wednesday, August, 9th. The conglomerate reported $2.44 EPS for the quarter. The conglomerate earned $500.93 million during the quarter. Steel Partners had a net margin of 10.77% and a trailing twelve-month return on equity of 23.54%.
What ETF holds Steel Partners' stock ?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,906 shares of SPLP stock, representing 1.79% of its portfolio.
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), 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. (34.97%), Gabelli Funds LLC (2.77%), Gamco Investors INC. ET AL (0.41%), Gamco Investors INC. ET AL (0.40%) and Teton Advisors Inc. (0.04%). 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 $44.00.
How much money does Steel Partners make?: Steel Partners (NYSE:SPLP) has a market capitalization of $939.84 million and generates $1.70 billion in revenue each year. The conglomerate earns $205.97 million in net income (profit) each year or $7.80 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 9/25/2023 by MarketBeat.com Staff

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