These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
The most recent change in the company’s dividend was an increase of $0.0250 on Friday, July 23, 2021. 30 employees have rated Suburban Propane Partners Chief Executive Officer Michael A. Stivala on Glassdoor.com. Michael A. Stivala has an approval rating of 36% among the company’s employees. This puts Michael A. Stivala in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Suburban Propane Partners announced a quarterly dividend on Thursday, July 20th. Investors of record on Tuesday, August 1st will be paid a dividend of $0.325 per share on Tuesday, August 8th.
Suburban Propane Partners (SPH) Stock Forecast, Price & News
2 equities research analysts have issued 1-year price targets for Suburban Propane Partners’ shares. Their SPH share price forecasts range from $16.00 to $17.00. On average, they expect the company’s stock price to reach $16.50 in the next year. This suggests a possible upside of 14.1% from the stock’s current price. View analysts price targets for SPH or view top-rated stocks among Wall Street analysts. 2 Wall Street research analysts have issued «buy,» «hold,» and «sell» ratings for Suburban Propane Partners in the last year.
SPH Dividend Yield Over Time
Suburban Propane Partners distributes propane, fuel oil, and other refined fuels to customers primarily in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. According to 2 analysts, the average rating for SPH https://investmentsanalysis.info/ stock is «Hold.» The 12-month stock price forecast is $16.5, which is an increase of 13.88% from the latest price. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
Earnings and Valuation
Top institutional investors include JPMorgan Chase & Co. (1.68%), Mirae Asset Global Investments Co. Ltd. (1.13%), Goldman Sachs Group Inc. (1.09%), Clearbridge Investments LLC (0.91%), Levin Capital Strategies L.P. Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift and Michael A Schueler.
- The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
- As an investor, you want to buy stocks with the highest probability of success.
- Sign-up to receive the latest news and ratings for Suburban Propane Partners and its competitors with MarketBeat’s FREE daily newsletter.
- The technique has proven to be very useful for finding positive surprises.
- Michael A. Stivala has an approval rating of 36% among the company’s employees.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. SAN FRANCISCO (MarketWatch) — Among the companies whose shares are likely to see active trading during Thursday’s session are BEA Systems, Agilent Technologies, JC Penney, and Starbucks. (NRGY) swung to a fiscal fourth-quarter profit as the energy company posted a gain from selling its retail propane business, while natural-gas-storage and transportation business Inergy Midstream LP (NRGM) repo… The technique has proven to be very useful for finding positive surprises.
About Suburban Propane Partners, L.P.
The consensus among Wall Street research analysts is that investors should «hold» SPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPH, but not buy additional shares or sell existing shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
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That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
Suburban Propane Partners’ stock was trading at $15.18 at the beginning of 2023. Since then, SPH stock has decreased by 4.7% and is now trading at $14.46. Sign-up to receive the latest news and ratings for Suburban Propane Partners and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated Bull bear power as an average of available category scores, with extra weight given to analysis and valuation. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.