Suburban Propane Partners (SPH) Expected to Announce Earnings on Thursday

Suburban Propane Partners (NYSE:SPH) will likely be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Suburban Propane Partners to post earnings of $0.76 per share and revenue of $374.00 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Suburban Propane Partners Trading Up 0.8 %

NYSE SPH opened at $21.85 on Wednesday. Suburban Propane Partners has a 12 month low of $15.20 and a 12 month high of $21.89. The company has a current ratio of 0.51, a quick ratio of 0.33 and a debt-to-equity ratio of 2.21. The stock’s fifty day moving average price is $18.78 and its 200-day moving average price is $18.32. The stock has a market cap of $1.41 billion, a P/E ratio of 19.17 and a beta of 0.50.

Suburban Propane Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Tuesday, February 4th will be paid a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Tuesday, February 4th. Suburban Propane Partners’s payout ratio is 114.04%.

Insider Buying and Selling at Suburban Propane Partners

In other Suburban Propane Partners news, VP A Davin Dambrosio sold 6,500 shares of Suburban Propane Partners stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $18.90, for a total value of $122,850.00. Following the completion of the sale, the vice president now owns 76,176 shares of the company’s stock, valued at approximately $1,439,726.40. This trade represents a 7.86 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Craig Palleschi sold 2,800 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $17.72, for a total value of $49,616.00. Following the completion of the transaction, the vice president now owns 21,898 shares of the company’s stock, valued at $388,032.56. This represents a 11.34 % decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is owned by company insiders.

Suburban Propane Partners Company Profile

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels in the United States. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other.