Icahn Enterprises L P (NASDAQ: IEP): Historical Performance And Trend

In the latest trading session, 1.32 million shares of the Icahn Enterprises L P (NASDAQ:IEP) were traded, and its beta was 0.72. Most recently the company’s share price was $11.53, and it changed around $0.73 or 6.78% from the last close, which brings the market valuation of the company to $5.48B. IEP currently trades at a discount to its 52-week high of $22.59, offering almost -95.92% off that amount. The share price’s 52-week low was $9.72, which indicates that the current value has risen by an impressive 15.7% since then. We note from Icahn Enterprises L P’s average daily trading volume that its 10-day average is 1.66 million shares, with the 3-month average coming to 1.06 million.

Icahn Enterprises L P stock received a consensus recommendation rating of Sell, based on a mean score of 1.00. If we narrow it down even further, the data shows that 1 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended IEP as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

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Icahn Enterprises L P (NASDAQ:IEP) trade information

Instantly IEP has showed a green trend with a performance of 6.78% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.98 on recent trading dayincreased the stock’s daily price by 3.76%. The company’s shares are currently down -32.91% year-to-date, but still up 10.04% over the last five days. On the other hand, Icahn Enterprises L P (NASDAQ:IEP) is -31.31% down in the 30-day period. We can see from the shorts that 9.93 million shares have been sold at a short interest cover period of 7.19 day(s).

Icahn Enterprises L P (IEP) estimates and forecasts

Icahn Enterprises L P share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -33.99 percent over the past six months and at a 76.00% annual growth rate that is well above the industry average of 0.50%.

IEP Dividends

Icahn Enterprises L P’s next quarterly earnings report is expected to be released on 2024-Nov-01. The annual dividend yield of the stock is 34.68 percent and its annual dividend per share was 4.00. It is important to note, however, that the 34.68% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 19.11 per year.

Icahn Enterprises L P (NASDAQ:IEP)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.11% of Icahn Enterprises L P shares, and 86.31% of them are in the hands of institutional investors. The stock currently has a share float of 86.41%. Icahn Enterprises L P stock is held by 150.0 institutions, with ICAHN CARL C being the largest institutional investor. By 2024-06-30, it held 94.7119% of the shares, which is about 406.31 million shares worth $6.7 billion.

SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 0.2576% or 1.11 million shares worth $18.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.