USD Partners (USDP) Stock Forecast, Price & News

USD Partners' stock was trading at $3.16 at the beginning of 2023. Since then, USDP shares have decreased by 71.2% and is now trading at $0.9101.
View the best growth stocks for 2023 here.

USD Partners saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 77,200 shares, a drop of 23.5% from the April 30th total of 100,900 shares. Based on an average daily trading volume, of 61,100 shares, the short-interest ratio is presently 1.3 days. Currently, 0.6% of the shares of the company are short sold.
View USD Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our USDP earnings forecast.

USD Partners LP (NYSE:USDP) announced its quarterly earnings results on Thursday, May, 4th. The transportation company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.08. The transportation company earned $21.13 million during the quarter, compared to analyst estimates of $20.94 million. USD Partners had a negative trailing twelve-month return on equity of 5.33% and a negative net margin of 68.85%.

USD Partners declared a quarterly dividend on Thursday, January 26th. Investors of record on Wednesday, February 8th will be given a dividend of $0.123 per share on Friday, February 17th. This represents a $0.49 annualized dividend and a dividend yield of 54.06%. The ex-dividend date is Tuesday, February 7th.
Read our dividend analysis for USDP.

Global X MLP ETF holds 100 shares of USDP stock, representing 0.00% of its portfolio.

USD Partners (NYSE:USDP) pays an annual dividend of $0.49 per share and currently has a dividend yield of 52.55%. USDP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for USDP.

Based on aggregate information from My MarketBeat watchlists, some companies that other USD Partners investors own include Energy Transfer (ET), Oxford Lane Capital (OXLC), New Residential Investment (NRZ), Golar LNG Partners (GMLP), CONSOL Coal Resources (CCR), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), Martin Midstream Partners (MMLP), TriplePoint Venture Growth BDC (TPVG) and Johnson & Johnson (JNJ).

USD Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "USDP."

USD Partners' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.21%), B. Riley Wealth Advisors Inc. (0.90%), Susquehanna International Group LLP (0.07%) and Symphony Financial Ltd. Co. (0.04%).
View institutional ownership trends.

Shares of USDP 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 USDP stock can currently be purchased for approximately $0.91.

USD Partners (NYSE:USDP) has a market capitalization of $30.72 million and generates $111.65 million in revenue each year. The transportation company earns $-61,290,000.00 in net income (profit) each year or ($1.98) on an earnings per share basis.

The company employs 2,020 workers across the globe.

USD Partners' mailing address is 811 MAIN STREET SUITE 2800, HOUSTON TX, 77002. The official website for the company is www.usdpartners.com. The transportation company can be reached via phone at (281) 291-0510, via email at investorrelations@usdg.com, or via fax at 877-339-4644.