NYSE:SRLP - Sprague Resources Stock Price, News, & Analysis

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

Sprague Resources announced a quarterly dividend on Thursday, July 26th. Investors of record on Monday, August 6th will be given a dividend of $0.668 per share on Friday, August 10th. This represents a $2.67 dividend on an annualized basis and a yield of 10.77%. The ex-dividend date of this dividend is Friday, August 3rd. This is a positive change from Sprague Resources's previous quarterly dividend of $0.65. View Sprague Resources' Dividend History.

Sprague Resources LP (NYSE:SRLP) issued its quarterly earnings data on Wednesday, August, 8th. The oil and gas company reported ($0.67) earnings per share for the quarter, missing analysts' consensus estimates of ($0.52) by $0.15. The oil and gas company had revenue of $741.66 million for the quarter, compared to analyst estimates of $678.35 million. Sprague Resources had a return on equity of 19.91% and a net margin of 0.91%. View Sprague Resources' Earnings History.

Sprague Resources is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Sprague Resources.

2 analysts have issued 1-year price targets for Sprague Resources' stock. Their predictions range from $25.00 to $29.00. On average, they expect Sprague Resources' share price to reach $27.00 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Sprague Resources.

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).

Media headlines about SRLP stock have been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sprague Resources earned a coverage optimism score of 0.10 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 47.77 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Sprague Resources.

Sprague Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (3.16%), Bank of America Corp DE (0.42%), Securian Asset Management Inc (0.32%), First Republic Investment Management Inc. (0.17%), Fort Washington Investment Advisors Inc. OH (0.07%) and GSA Capital Partners LLP (0.07%). 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 sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Bank of America Corp DE and GSA Capital Partners LLP. View Insider Buying and Selling for Sprague Resources.

SRLP stock was purchased by a variety of institutional investors in the last quarter, including First Republic Investment Management Inc., Jane Street Group LLC, Cornerstone Wealth Management LLC, Nwam LLC, Nwam LLC, Securian Asset Management Inc, Tower Research Capital LLC TRC and Fort Washington Investment Advisors Inc. OH. 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 $24.80.

Sprague Resources has a market capitalization of $559.31 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]