S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
TSE:SPB

Superior Plus - SPB Stock Forecast, Price & News

C$11.31
-0.01 (-0.09%)
(As of 08/5/2022 08:50 PM ET)
Add
Compare
Today's Range
C$11.19
C$11.33
50-Day Range
C$11.11
C$12.53
52-Week Range
C$10.80
C$15.96
Volume
339,654 shs
Average Volume
614,236 shs
Market Capitalization
C$2.28 billion
P/E Ratio
40.39
Dividend Yield
6.37%
Price Target
C$13.78

Superior Plus MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
21.8% Upside
C$13.78 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$382,530 Bought 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.

2.15 out of 5 stars

SPB stock logo

About Superior Plus (TSE:SPB) Stock

Superior Plus Corp. engages in the energy distribution business. It operates through two segments, U.S. Propane Distribution and Canadian Propane Distribution. The U.S. Propane Distribution segment distributes and sells propane, heating oil, and other liquid fuels in the Northeast, Atlantic, the Southeast, the Midwest, and California. It also provides installation, maintenance, and repair services for propane and heating oil equipment. The Canadian Propane Distribution segment distributes and sells propane, and propane-consuming equipment; rents tanks, cylinders, and other equipment; and provides equipment supply, installation, and repair services. This segment offers its service in Canada and the United States. Superior General Partner Inc. serves as the general partner of the company. As of February 10, 2022, the company served approximately 780,000 customers The company was founded in 1996 and is headquartered in Toronto, Canada.

Superior Plus Stock Performance

Shares of SPB Stock traded down C$0.01 during trading hours on Friday, reaching C$11.31. 339,654 shares of the company's stock were exchanged, compared to its average volume of 614,236. The company has a market cap of C$2.28 billion and a P/E ratio of 40.39. The company's 50 day moving average is C$11.56 and its two-hundred day moving average is C$11.79. Superior Plus has a 1 year low of C$10.80 and a 1 year high of C$15.96. The company has a debt-to-equity ratio of 136.57, a current ratio of 1.37 and a quick ratio of 0.88.

Superior Plus (TSE:SPB - Get Rating) last released its quarterly earnings results on Tuesday, May 10th. The company reported C$0.68 earnings per share for the quarter, topping analysts' consensus estimates of C$0.62 by C$0.06. The firm had revenue of C$1.17 billion during the quarter, compared to analyst estimates of C$896.50 million. Equities research analysts anticipate that Superior Plus will post 0.7 EPS for the current fiscal year.

Superior Plus Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 15th. Investors of record on Sunday, July 31st will be issued a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date of this dividend is Thursday, July 28th. Superior Plus's dividend payout ratio is currently 257.14%.

Wall Street Analysts Forecast Growth

SPB has been the subject of several analyst reports. Canaccord Genuity Group upped their price objective on Superior Plus from C$13.50 to C$14.00 in a research note on Monday, May 16th. Scotiabank reduced their price objective on Superior Plus from C$14.00 to C$13.00 in a research note on Thursday, May 12th. ATB Capital reduced their price objective on Superior Plus from C$14.50 to C$13.50 and set a "sector perform" rating for the company in a research note on Thursday, May 12th. Royal Bank of Canada raised Superior Plus to a "buy" rating and set a C$15.00 price objective for the company in a research note on Thursday, May 5th. Finally, CIBC reduced their price objective on Superior Plus from C$13.50 to C$13.25 in a research note on Thursday, July 21st. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$14.02.

Insider Buying and Selling

In other news, insider Marquard & Bahls AG purchased 7,900 shares of the stock in a transaction that occurred on Wednesday, June 22nd. The shares were acquired at an average price of C$11.15 per share, for a total transaction of C$88,066.83. Following the acquisition, the insider now directly owns 36,679,664 shares in the company, valued at approximately C$408,893,890.37. Insiders have bought a total of 34,300 shares of company stock worth $382,530 in the last quarter.

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SPB Stock News Headlines

Superior Plus (TSE:SPB) PT Lowered to C$13.25 at CIBC
Superior Plus Corp stock raised on Friday.
Superior Plus Announces June 2022 Cash Dividend
Superior Plus Announces March 2022 Cash Dividend
Earn 5% Passive Income for Less Than $20
Superior Plus Announces Cyber Security Incident
Superior Announces December 2021 Cash Dividend
Superior Plus Corp. Announces 2021 Third Quarter Results
3 Ultra-Cheap Stocks to Buy Right Now
Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06
Superior Announces September 2021 Cash Dividend
See More Headlines
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SPB Company Calendar

Last Earnings
5/10/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Ex-Dividend for 8/15 Dividend
7/28/2022
Today
8/07/2022
Next Earnings (Estimated)
8/10/2022
Dividend Payable
8/15/2022

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
17,113
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$13.78
High Stock Price Forecast
C$15.50
Low Stock Price Forecast
C$12.50
Forecasted Upside/Downside
+21.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.72 billion
Cash Flow
C$0.25 per share
Book Value
C$6.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.28 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Luc Desjardins M.B.A. (Age 69)
    MBA, Pres, CEO & Director
    Comp: $2.24M
  • Ms. Beth Summers C.A.
    CPA, Exec. VP & CFO
  • Mr. Darren Bart Hribar
    Sr. VP & Chief Legal Officer
  • Mr. Rick Carron
    Pres of Superior Propane
  • Mr. Andrew J. Peyton (Age 54)
    Pres of Superior Plus Propane
    Comp: $674.16k
  • Ms. Catherine May Best F.C.A. (Age 68)
    FCA, FCPA, ICD.D, Independent Director
    Comp: $223.29k
  • Mr. Douglas J. Harrison CCLP (Age 62)
    CMA, CPA, ICD.D, MBA, Independent Director
    Comp: $238.42k
  • James Devens
    VP of Operations - U.S. Propane Distribution
  • Mr. Ash Rajendra
    VP & Chief Information Officer
  • Mr. Harry Kanwar
    VP of Risk & Compliance













SPB Stock - Frequently Asked Questions

Should I buy or sell Superior Plus stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Superior Plus in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Superior Plus stock.
View analyst ratings for Superior Plus
or view top-rated stocks.

What is Superior Plus' stock price forecast for 2022?

8 equities research analysts have issued 12-month price objectives for Superior Plus' shares. Their SPB stock forecasts range from C$12.50 to C$15.50. On average, they predict Superior Plus' stock price to reach C$13.78 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price.
View analysts' price targets for Superior Plus
or view top-rated stocks among Wall Street analysts.

How has Superior Plus' stock price performed in 2022?

Superior Plus' stock was trading at C$13.00 on January 1st, 2022. Since then, SPB shares have decreased by 13.0% and is now trading at C$11.31.
View the best growth stocks for 2022 here
.

When is Superior Plus' next earnings date?

Superior Plus is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Superior Plus
.

How were Superior Plus' earnings last quarter?

Superior Plus Corp. (TSE:SPB) released its quarterly earnings data on Tuesday, May, 10th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.62 by $0.06. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $896.50 million.

How often does Superior Plus pay dividends? What is the dividend yield for Superior Plus?

Superior Plus announced a monthly dividend on Thursday, July 7th. Investors of record on Sunday, July 31st will be given a dividend of 0.06 per share on Monday, August 15th. This represents a $0.72 annualized dividend and a dividend yield of 6.37%. The ex-dividend date of this dividend is Thursday, July 28th.
View Superior Plus' dividend history
.

Is Superior Plus a good dividend stock?

Superior Plus(TSE:SPB) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 6.36%. SPB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Superior Plus is 257.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Superior Plus' dividend history.

What other stocks do shareholders of Superior Plus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Superior Plus investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Parkland (PKI), AbbVie (ABBV), Pembina Pipeline (PPL), Vermilion Energy (VET), Algonquin Power & Utilities (AQN) and Enbridge (ENB).

What is Superior Plus' stock symbol?

Superior Plus trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SPB."

How do I buy shares of Superior Plus?

Shares of SPB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Superior Plus' stock price today?

One share of SPB stock can currently be purchased for approximately C$11.31.

How much money does Superior Plus make?

Superior Plus (TSE:SPB) has a market capitalization of C$2.28 billion and generates C$2.72 billion in revenue each year.

How many employees does Superior Plus have?

Superior Plus employs 17,113 workers across the globe.

How can I contact Superior Plus?

Superior Plus' mailing address is 401-200 Wellington St W, TORONTO, ON M5V 3C7, Canada. The official website for Superior Plus is www.superiorplus.com. The company can be reached via phone at +1-416-3406015.

This page (TSE:SPB) was last updated on 8/8/2022 by MarketBeat.com Staff

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