Enterprise Products Partners L P (NYSE:EPD) has a beta value of 0.99 and has seen 2.15 million shares traded in the recent trading session. The company, currently valued at $60.92B, closed the recent trade at $28.09 per share which meant it lost -$0.5 on the day or -1.73% during that session. The EPD stock price is -6.76% off its 52-week high price of $29.99 and 10.32% above the 52-week low of $25.19. The 3-month trading volume is 4.87 million shares.
Enterprise Products Partners L P (NYSE:EPD) trade information
Sporting -1.73% in the red today, the stock has traded in the red over the last five days, when the EPD stock price touched $28.09 or saw a rise of 3.74%. Year-to-date, Enterprise Products Partners L P shares have moved 6.62%, while the 5-day performance has seen it change -2.82%. Over the past 30 days, the shares of Enterprise Products Partners L P (NYSE:EPD) have changed -4.34%.
Enterprise Products Partners L P (EPD) estimates and forecasts
Figures show that Enterprise Products Partners L P shares have underperformed across the wider relevant industry. The company’s shares have gained 3.75% over the past 6 months, with this year growth rate of 3.95%, compared to 10.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 6.30% and 12.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 9.90%.
4 analysts offering their estimates for the company have set an average revenue estimate of $14.2 billion for the current quarter. 4 have an estimated revenue figure of $14.17 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $12.44 billion and $10.65 billion respectively for this quarter and the next, and analysts expect sales will grow by 14.10% for the current quarter and 33.10% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.54% over the past 5 years. Earnings growth for 2024 is a modest 7.75% while over the next 5 years, the company’s earnings are expected to increase by 8.40%.
EPD Dividends
Enterprise Products Partners L P is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.03 at a share yield of 7.23%. The company’s dividend yield has gone up over the past 12 months.
