Enterprise Products Partners L P (NYSE:EPD) has a beta value of 0.65 and has seen 1.18 million shares traded in the recent trading session. The company, currently valued at $66.87B, closed the recent trade at $30.83 per share which meant it lost -$0.29 on the day or -0.93% during that session. The EPD stock price is -12.33% off its 52-week high price of $34.63 and 11.22% above the 52-week low of $27.37. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.89 million shares traded. The 3-month trading volume is 5.09 million shares.
The consensus among analysts is that Enterprise Products Partners L P (EPD) is Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Enterprise Products Partners L P (NYSE:EPD) trade information
Sporting -0.93% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EPD stock price touched $30.83 or saw a rise of 2.53%. Year-to-date, Enterprise Products Partners L P shares have moved 7.91%, while the 5-day performance has seen it change -1.28%. Over the past 30 days, the shares of Enterprise Products Partners L P (NYSE:EPD) have changed -1.47%. Short interest in the company has seen 25.13 million shares shorted with days to cover at 5.87.
Wall Street analysts have a consensus price target for the stock at $37.5, which means that the shares’ value could jump 17.79% from the levels at last check today.. The projected low price target is $35.0 while the price target rests at a high of $40.0. In that case, then, we find that the latest price level in today’s session is -29.74% off the targeted high while a plunge would see the stock gain -13.53% from the levels at last check today..
Enterprise Products Partners L P (EPD) estimates and forecasts
The company’s shares have gained 0.98% over the past 6 months.
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 5.15% over the past 5 years. Earnings growth for 2025 is a modest 3.32% while over the next 5 years, the company’s earnings are expected to increase by 5.32%.
EPD Dividends
Enterprise Products Partners L P is expected to release its next earnings report on 2025-Apr-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.12 at a share yield of 6.88%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 7.68%.
Enterprise Products Partners L P (NYSE:EPD)’s Major holders
Insiders own 32.89% of the company shares, while shares held by institutions stand at 25.89% with a share float percentage of 38.58%. Investors are also buoyed by the number of investors in a company, with Enterprise Products Partners L P having a total of 1617.0 institutions that hold shares in the company. The top two institutional holders are ALPS ADVISORS INC with over 38.39 million shares worth more than $1.11 billion. As of 2024-06-30, ALPS ADVISORS INC held 1.7684% of shares outstanding.
The other major institutional holder is INVESCO LTD., with the holding of over 25.5 million shares as of 2024-06-30. The firm’s total holdings are worth over $739.08 million and represent 1.1747% of shares outstanding.
