Should I buy or sell Suburban Propane Partners stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suburban Propane Partners in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" SPH shares. View SPH analyst ratings or view top-rated stocks .

What is Suburban Propane Partners' stock price target for 2024?

1 Wall Street analysts have issued twelve-month target prices for Suburban Propane Partners' shares. Their SPH share price targets range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 10.6%. View analysts price targets for SPH or view top-rated stocks among Wall Street analysts .

How have SPH shares performed in 2024?

Suburban Propane Partners' stock was trading at $17.76 at the beginning of the year. Since then, SPH stock has increased by 7.0% and is now trading at $19.01. View the best growth stocks for 2024 here .

Are investors shorting Suburban Propane Partners?

Suburban Propane Partners saw a decrease in short interest in March. As of March 15th, there was short interest totaling 2,090,000 shares, a decrease of 20.5% from the February 29th total of 2,630,000 shares. Based on an average daily volume of 408,800 shares, the days-to-cover ratio is presently 5.1 days. Approximately 3.4% of the company's shares are sold short. View Suburban Propane Partners' Short Interest .

When is Suburban Propane Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our SPH earnings forecast .

How were Suburban Propane Partners' earnings last quarter?

Suburban Propane Partners, L.P. (NYSE:SPH) released its quarterly earnings data on Thursday, February, 8th. The energy company reported $0.38 earnings per share (EPS) for the quarter. The energy company earned $365.83 million during the quarter. Suburban Propane Partners had a net margin of 7.36% and a trailing twelve-month return on equity of 17.97%.

How often does Suburban Propane Partners pay dividends? What is the dividend yield for Suburban Propane Partners?

Suburban Propane Partners declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 6th will be paid a dividend of $0.325 per share on Tuesday, February 13th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Monday, February 5th. Read our dividend analysis for SPH .

Is Suburban Propane Partners a good dividend stock?

Suburban Propane Partners (NYSE:SPH) pays an annual dividend of $1.30 per share and currently has a dividend yield of 7.01%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SPH .

What ETFs hold Suburban Propane Partners' stock?

ETFs with the largest weight of Suburban Propane Partners (NYSE:SPH) stock in their portfolio include Global X MLP ETF (MLPA) , Alerian MLP ETF (AMLP) , Global SuperDividend US ETF (DIV) , Global X Alternative Income ETF (ALTY) , Ecofin U.S. Renewables Infrastructure Trust (RNEW) and InfraCap MLP ETF (AMZA) and

What is Michael A. Stivala's approval rating as Suburban Propane Partners' CEO?

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.

What other stocks do shareholders of Suburban Propane Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Suburban Propane Partners investors own include Energy Transfer (ET) , Enterprise Products Partners (EPD) , AT&T (T) , Omega Healthcare Investors (OHI) , Annaly Capital Management (NLY) , Verizon Communications (VZ) , Pfizer (PFE) , CVS Health (CVS) , Ford Motor (F) and AGNC Investment (AGNC) .

Who are Suburban Propane Partners' major shareholders?

Suburban Propane Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.06%) and Legacy Financial Strategies LLC (0.03%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift , Michael A Schueler , Michael A Stivala, Nandini Sankara, Neil Scanlon and Samuel Hodges. View institutional ownership trends .

How do I buy shares of Suburban Propane Partners?

Shares of SPH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:SPH

Suburban Propane Partners (SPH) Stock Price, News & Analysis

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Free SPH Stock Alerts

$19.01

-0.08 (-0.42%)

(As of 04/18/2024 ET)

Compare

Today's Range: $18.85
▼
$19.14
50-Day Range: $18.59
▼
$21.30
52-Week Range: $14.42
▼
$22.33

Volume: 115,044 shs
Average Volume: 322,876 shs
Market Capitalization: $1.22 billion

P/E Ratio: 11.96
Dividend Yield: 6.84%
Price Target: $17.00

Get Suburban Propane Partners alerts:

Suburban Propane Partners MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 10.6% Downside
$17.00 Price Target
Short Interest: Healthy
3.18% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
$502,580 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.33 out of 5 stars

Oils/Energy Sector

224th out of 226 stocks

Miscellaneous Retail Industry

8th out of 8 stocks

0.5

Analyst's Opinion

Consensus Rating
Suburban Propane Partners has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Suburban Propane Partners has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.18% of the float of Suburban Propane Partners has been sold short.
Short Interest Ratio / Days to Cover
Suburban Propane Partners has a short interest ratio ("days to cover") of 5.8.
Change versus previous month
Short interest in Suburban Propane Partners has recently decreased by 7.18%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Suburban Propane Partners is a leading dividend payer. It pays a dividend yield of 7.01%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Suburban Propane Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Suburban Propane Partners is 81.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SPH.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Suburban Propane Partners this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for SPH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
5 people have added Suburban Propane Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Suburban Propane Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $502,580.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Suburban Propane Partners is held by insiders.
Percentage Held by Institutions
Only 30.94% of the stock of Suburban Propane Partners is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Suburban Propane Partners is 11.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Suburban Propane Partners is 11.96, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.30.
Price to Book Value per Share Ratio
Suburban Propane Partners has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Suburban Propane Partners Stock (NYSE:SPH)

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels in the United States. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. Its Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use in primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. The company serves residential, commercial, industrial, and agricultural customers primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Propane Partners, L.P. was founded in 1945 and is based in Whippany, New Jersey.

SPH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SPH Stock News Headlines

April 18, 2024 | wsj.com

Suburban Propane Partners L.P.

April 18, 2024 | markets.businessinsider.com

Suburban Propane: Sell Rating Maintained Amid Warm Weather and High Leverage Concerns

April 18, 2024 | Crypto 101 Media (Ad)

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April 10, 2024 | finance.yahoo.com

Suburban Propane Supports Anaheim Ducks' Green Night on April 9th with Donation to Anaheim Ducks Foundation

March 25, 2024 | prnewswire.com

Suburban Propane Partners with Crayons to Classrooms to Support "Classroom Solutions" Program

March 24, 2024 | seekingalpha.com

SPH Suburban Propane Partners, L.P. Common Units

March 21, 2024 | investing.com

Suburban Propane Partners LP (SPH)

March 21, 2024 | prnewswire.com

Suburban Propane and American Red Cross Partner with Sickle Cell Disease Association of Illinois to Boost Sickle Cell Awareness in Chicago

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 18, 2024 | finance.yahoo.com

Suburban Propane Partners, L.P. Announces Refinancing of Revolving Credit Facility

March 11, 2024 | prnewswire.com

Suburban Propane Collaborates with Keep Austin Fed to Sustainably Support Austinites Experiencing Food Insecurity

March 9, 2024 | finance.yahoo.com

Insider Sell: Vice President-Product Supply Michael Schueler Sells 20,000 Shares of Suburban ...

February 29, 2024 | msn.com

Best utility stocks of February 2024

February 26, 2024 | finance.yahoo.com

Suburban Propane Commemorates Black History Month with Reception Celebrating Dr. Charles R. Drew and Hosts Sickle Cell Blood Drive with the American Red Cross

February 19, 2024 | finance.yahoo.com

SPH Mar 2024 20.000 call

February 14, 2024 | seekingalpha.com

Suburban Propane's 40% Gain In 6 Months Needs Cautious Watching

February 12, 2024 | markets.businessinsider.com

Analysts Offer Insights on Utilities Companies: FirstEnergy (FE) and Suburban Propane (SPH)

February 10, 2024 | markets.businessinsider.com

Suburban Propane Partners L P Partnership Units

February 9, 2024 | finance.yahoo.com

Suburban Propane Partners, L.P. (NYSE:SPH) Q1 2024 Earnings Call Transcript

February 9, 2024 | finance.yahoo.com

Q1 2024 Suburban Propane Partners LP Earnings Call

February 8, 2024 | msn.com

Suburban Propane Partners GAAP EPS of $0.38, revenue of $365.83M

February 8, 2024 | finance.yahoo.com

Suburban Propane Partners LP Reports Mixed Q1 Results Amid Warm Weather Challenges

February 8, 2024 | finance.yahoo.com

Suburban Propane Partners, L.P. Announces First Quarter Results

February 7, 2024 | benzinga.com

Suburban Propane Partners Earnings Preview

February 7, 2024 | msn.com

Suburban Propane Partners Q1 2024 Earnings Preview

February 7, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Suburban Propane Partners L P Partnership Units's earnings report

February 1, 2024 | finance.yahoo.com

Suburban Propane and Historic Tours of America Unite to Support Lincolnville Museum and Cultural Center in Celebration of Black History Month

See More Headlines

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Company Calendar

Ex-Dividend for 2/13 Dividend: 2/05/2024
Last Earnings: 2/08/2024
Dividend Payable: 2/13/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Miscellaneous retail
Sub-Industry: N/A
Current Symbol: NYSE:SPH
CUSIP: N/A
CIK: 1005210
Web: www.suburbanpropane.com
Phone: (973) 887-5300
Fax: 973-515-5981
Employees: 3,240
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.00
High Stock Price Target: $17.00
Low Stock Price Target: $17.00
Potential Upside/Downside: -10.6%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.59
Trailing P/E Ratio: 11.96
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $123.75 million
Net Margins: 7.36%
Pretax Margin: 7.43%
Return on Equity: 17.97%
Return on Assets: 4.46%

Debt

Debt-to-Equity Ratio: 2.26
Current Ratio: 0.72
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: $1.43 billion
Price / Sales: 0.85
Cash Flow: $3.01 per share
Price / Cash Flow: 6.32
Book Value: $8.60 per share
Price / Book: 2.21

Miscellaneous

Outstanding Shares: 64,020,000
Free Float: 63,188,000
Market Cap: $1.22 billion
Optionable: Optionable
Beta: 0.43

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Key Executives

Mr. Michael A. Stivala (Age 55)
President, CEO & Supervisor
Comp: $2.24M
Mr. Michael A. Kuglin (Age 54)
Chief Financial Officer
Comp: $1.06M
Mr. Steven C. Boyd (Age 60)
Chief Operating Officer
Comp: $1.07M
Mr. Douglas T. Brinkworth (Age 63)
Senior Vice President of Product Supply, Purchasing & Logistics
Comp: $958.51k
Mr. Neil E. Scanlon (Age 59)
Senior Vice President of Information Services
Comp: $848.73k
Mr. Daniel S. Bloomstein CPA (Age 51)
Chief Accounting Officer, VP & Controller
Mr. Bryon Lee Koepke (Age 51)
VP, General Counsel & Secretary
Ms. Nandini Sankara (Age 44)
Vice President of Marketing & Brand Strategy
Ms. Francesca Cleffi (Age 54)
Vice President of Human Resources
Mr. A. Davin D'Ambrosio (Age 60)
VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPH Stock Analysis - Frequently Asked Questions

Should I buy or sell Suburban Propane Partners stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suburban Propane Partners in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" SPH shares.
View SPH analyst ratings or view top-rated stocks.
What is Suburban Propane Partners' stock price target for 2024?: 1 Wall Street analysts have issued twelve-month target prices for Suburban Propane Partners' shares. Their SPH share price targets range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 10.6%.
View analysts price targets for SPH or view top-rated stocks among Wall Street analysts.
How have SPH shares performed in 2024?: Suburban Propane Partners' stock was trading at $17.76 at the beginning of the year. Since then, SPH stock has increased by 7.0% and is now trading at $19.01.
View the best growth stocks for 2024 here.
Are investors shorting Suburban Propane Partners?: Suburban Propane Partners saw a decrease in short interest in March. As of March 15th, there was short interest totaling 2,090,000 shares, a decrease of 20.5% from the February 29th total of 2,630,000 shares. Based on an average daily volume of 408,800 shares, the days-to-cover ratio is presently 5.1 days. Approximately 3.4% of the company's shares are sold short.
View Suburban Propane Partners' Short Interest.
When is Suburban Propane Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SPH earnings forecast.
How were Suburban Propane Partners' earnings last quarter?: Suburban Propane Partners, L.P. (NYSE:SPH) released its quarterly earnings data on Thursday, February, 8th. The energy company reported $0.38 earnings per share (EPS) for the quarter. The energy company earned $365.83 million during the quarter. Suburban Propane Partners had a net margin of 7.36% and a trailing twelve-month return on equity of 17.97%.
How often does Suburban Propane Partners pay dividends? What is the dividend yield for Suburban Propane Partners?: Suburban Propane Partners declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 6th will be paid a dividend of $0.325 per share on Tuesday, February 13th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Monday, February 5th.
Read our dividend analysis for SPH.

Is Suburban Propane Partners a good dividend stock?: Suburban Propane Partners (NYSE:SPH) pays an annual dividend of $1.30 per share and currently has a dividend yield of 7.01%. SPH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SPH.
What ETFs hold Suburban Propane Partners' stock?: ETFs with the largest weight of Suburban Propane Partners (NYSE:SPH) stock in their portfolio include Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Global SuperDividend US ETF (DIV), Global X Alternative Income ETF (ALTY), Ecofin U.S. Renewables Infrastructure Trust (RNEW) and InfraCap MLP ETF (AMZA) and
What is Michael A. Stivala's approval rating as Suburban Propane Partners' CEO?: 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.
What other stocks do shareholders of Suburban Propane Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Suburban Propane Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Omega Healthcare Investors (OHI), Annaly Capital Management (NLY), Verizon Communications (VZ), Pfizer (PFE), CVS Health (CVS), Ford Motor (F) and AGNC Investment (AGNC).
Who are Suburban Propane Partners' major shareholders?: Suburban Propane Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.06%) and Legacy Financial Strategies LLC (0.03%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift, Michael A Schueler, Michael A Stivala, Nandini Sankara, Neil Scanlon and Samuel Hodges.
View institutional ownership trends.
How do I buy shares of Suburban Propane Partners?: Shares of SPH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SPH) was last updated on 4/18/2024 by MarketBeat.com Staff

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