In today’s recent session, 3.17 million shares of the Enterprise Products Partners L P (NYSE:EPD) have been traded, and its beta is 0.66. Most recently the company’s share price was $31.08, and it changed around -$0.47 or -1.51% from the last close, which brings the market valuation of the company to $67.40B. EPD at last check was trading at a discount to its 52-week high of $34.63, offering almost -11.42% off that amount. The share price’s 52-week low was $27.37, which indicates that the recent value has risen by an impressive 11.94% since then. We note from Enterprise Products Partners L P’s average daily trading volume that its 10-day average is 3.98 million shares, with the 3-month average coming to 4.04 million.
Enterprise Products Partners L P stock received a consensus recommendation rating of Buy, based on a mean score of 1.82. If we narrow it down even further, the data shows that 0 out of 20 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 7 recommended EPD as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight.
Enterprise Products Partners L P (NYSE:EPD) trade information
Instantly EPD has been showing red trend so far today with a performance of -1.51% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 31.94 on recent trading dayincreased the stock’s daily price by 2.69%. The company’s shares are currently up 4.63% year-to-date, but still down -0.27% over the last five days. On the other hand, Enterprise Products Partners L P (NYSE:EPD) is -0.05% down in the 30-day period. We can see from the shorts that 24.28 million shares have been sold at a short interest cover period of 6.55 day(s).
The consensus price target as assigned by Wall Street analysts is $36.5, which translates to bulls needing to increase their stock price by 14.85% from its current value. Analyst projections state that EPD is forecast to be at a low of $35 and a high of $38.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.15%. Enterprise Products Partners L P earnings are expected to increase by 1.78% in 2025, but the outlook is positive 4.88% per year for the next five years.
EPD Dividends
Enterprise Products Partners L P’s next quarterly earnings report is expected to be released on 2025-Apr-29. The annual dividend yield of the stock is 6.82 percent and its annual dividend per share was 2.12. It is important to note, however, that the 6.82% 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 7.64 per year.
Enterprise Products Partners L P (NYSE:EPD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 32.89% of Enterprise Products Partners L P shares, and 25.92% of them are in the hands of institutional investors. The stock currently has a share float of 38.63%. Enterprise Products Partners L P stock is held by 1585.0 institutions, with ALPS ADVISORS INC being the largest institutional investor. By 2024-06-30, it held 1.7684% of the shares, which is about 38.39 million shares worth $1.11 billion.
INVESCO LTD., with 1.1747% or 25.5 million shares worth $739.08 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
