NYSE:SRLP - Sprague Resources Stock Price, Price Target & More

Sprague Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRLP."

Sprague Resources declared a dividend on Thursday, May 3rd. Investors of record on Monday, May 14th will be given a dividend of $0.6525 per share on Friday, May 18th. The ex-dividend date is Friday, May 11th. This is an increase from Sprague Resources's previous dividend of $0.46. View Sprague Resources' Dividend History.

Sprague Resources LP (NYSE:SRLP) released its quarterly earnings results on Tuesday, May, 8th. The oil and gas company reported $3.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.54 by $1.67. The oil and gas company earned $1.33 billion during the quarter, compared to analysts' expectations of $1.14 billion. Sprague Resources had a net margin of 1.14% and a return on equity of 22.33%. View Sprague Resources' Earnings History.

Sprague Resources is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Sprague Resources.

2 brokers have issued 1 year price targets for Sprague Resources' stock. Their forecasts range from $25.00 to $29.00. On average, they expect Sprague Resources' share price to reach $27.00 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Ratings for Sprague Resources.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprague Resources in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Sprague Resources include Genesis Energy, L.P. common stock (GEL), Global Partners (GLP), Martin Midstream Partners (MMLP), Longwei Petroleum Investment (LPIH) and Andatee China Marine Fuel Ser (AMCF).

News articles about SRLP stock have been trending positive on Saturday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sprague Resources earned a media sentiment score of 0.26 on Accern's scale. They also gave media headlines about the oil and gas company an impact score of 44.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Sprague Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cornerstone Wealth Management LLC (0.06%) and Nwam LLC (0.05%). Company insiders that own Sprague Resources stock include Ben J Hennelly and Paul A Scoff. View Institutional Ownership Trends for Sprague Resources.

SRLP stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC and Nwam LLC. View Insider Buying and Selling for Sprague Resources.

Shares of SRLP 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, Scottrade, Fidelity and Charles Schwab.

One share of SRLP stock can currently be purchased for approximately $24.65.

Sprague Resources has a market capitalization of $562.70 million and generates $2.86 billion in revenue each year. The oil and gas company earns $29.49 million in net income (profit) each year or $1.13 on an earnings per share basis. Sprague Resources employs 880 workers across the globe.

Sprague Resources' mailing address is 185 INTERNATIONAL DRIVE, PORTSMOUTH NH, 03801. The oil and gas company can be reached via phone at 800-225-1560 or via email at [email protected]