In the latest trading session,, 3.85 million Enterprise Products Partners L P (NYSE:EPD) shares changed hands as the company’s beta touched 0.66. With the company’s most recent per share price at $31.04 changed hands at -$0.33 or -1.05% at last look, the market valuation stands at $67.22B. EPD’s current price is a discount, trading about -11.57% off its 52-week high of $34.63. The share price had its 52-week low at $27.37, which suggests the last value was 11.82% up since then. When we look at Enterprise Products Partners L P’s average trading volume, we note the 10-day average is 4.95 million shares, with the 3-month average coming to 5.53 million.
Analysts gave the Enterprise Products Partners L P (EPD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.82. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended EPD as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Enterprise Products Partners L P’s EPS for the current quarter is expected to be 0.71.
Enterprise Products Partners L P (NYSE:EPD) trade information
Instantly EPD was in red as seen in intraday trades today. With action 1.11%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -1.02%, with the 5-day performance at 1.11% in the green. However, in the 30-day time frame, Enterprise Products Partners L P (NYSE:EPD) is -8.92% down. Looking at the short shares, we see there were 24.5 million shares sold at short interest cover period of 3.94 days.
The consensus price target for the stock as assigned by Wall Street analysts is 37.5, meaning bulls need an upside of 17.23% from its recent market value. According to analyst projections, EPD’s forecast low is 35 with 40 as the target high. To hit the forecast high, the stock’s price needs a -28.87% plunge from its current level, while the stock would need to soar -12.76% for it to hit the projected low.
Enterprise Products Partners L P (EPD) estimates and forecasts
Year-over-year growth is forecast to reach 3.21% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 14.03B. 4 analysts are of the opinion that Enterprise Products Partners L P’s revenue for the current quarter will be 14.9B. The company’s revenue for the corresponding quarters a year ago was 13.48B and 13.78B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.03%. The estimates for the next quarter sales put growth at 8.19%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.15%. The 2025 estimates are for Enterprise Products Partners L P earnings to increase by 8.10%, but the outlook for the next 5-year period is at 6.09% per year.
EPD Dividends
Enterprise Products Partners L P is expected to release its next quarterly earnings report on 2025-Feb-03. The 6.77% annual yield figure for the share gives it an annual dividend of 2.10. It is important to note, however, that the 6.77% 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. During the past 5 years, the average dividend yield was 7.77 per year.
Enterprise Products Partners L P (NYSE:EPD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 32.89% of Enterprise Products Partners L P shares while 25.80% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 38.45%. There are 25.80% institutions holding the Enterprise Products Partners L P stock share, with ALPS ADVISORS INC the top institutional holder. As of 2024-06-30, the company held 1.7684% of the shares, roughly 38.39 million EPD shares worth $1.11 billion.
INVESCO LTD. holds the second largest percentage of outstanding shares, with 1.1753% or 25.5 million shares worth $739.08 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were ALPS ETF TRUST-ALERIAN MLP ETF and AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. . With 42.27 shares estimated at $1.31 billion under it, the former controlled 1.95% of total outstanding shares. On the other hand, AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. held about 0.84% of the shares, roughly 18.27 shares worth around $564.33 million.
