Let’s Dive Into The Enterprise Products Partners L P (NYSE: EPD) Stock Forecast.

In the latest trading session,, 1.85 million Enterprise Products Partners L P (NYSE:EPD) shares changed hands as the company’s beta touched 0.99. With the company’s most recent per share price at $28.32 changed hands at -$0.19 or -0.68% at last look, the market valuation stands at $61.39B. EPD’s current price is a discount, trading about -5.9% off its 52-week high of $29.99. The share price had its 52-week low at $25.19, which suggests the last value was 11.05% up since then. When we look at Enterprise Products Partners L P’s average trading volume, we note the 3-month average coming to 4.95 million.

Enterprise Products Partners L P (NYSE:EPD) trade information

Instantly EPD was in red as seen in intraday trades today. With action -3.23%, the performance over the past five days has been red. The drop to weekly highs of 29.43 subtracted -0.68% to the stock’s daily price. The company’s shares are showing year-to-date upside of 7.46%, with the 5-day performance at -3.23% in the red. However, in the 30-day time frame, Enterprise Products Partners L P (NYSE:EPD) is -1.13% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Enterprise Products Partners L P (EPD) estimates and forecasts

Data shows that the Enterprise Products Partners L P share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 2.48% over the past 6 months, a 3.56% in annual growth rate that is considerably lower than the industry average of 7.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.54%. The 2024 estimates are for Enterprise Products Partners L P earnings to increase by 7.41%, but the outlook for the next 5-year period is at 8.40% per year.

EPD Dividends

Enterprise Products Partners L P is expected to release its next quarterly earnings report on April 30. The 7.08% annual yield figure for the share gives it an annual dividend of 2.00. It is important to note, however, that the 7.08% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.