Enterprise Products Partners (EPD) to Release Earnings on Tuesday

Enterprise Products Partners (NYSE:EPD - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Enterprise Products Partners to post earnings of $0.70 per share and revenue of $14.14 billion for the quarter.

Enterprise Products Partners (NYSE:EPD - Get Free Report) last posted its earnings results on Tuesday, February 4th. The oil and gas producer reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.05. Enterprise Products Partners had a net margin of 10.49% and a return on equity of 20.48%. The firm had revenue of $14.20 billion during the quarter, compared to the consensus estimate of $14.07 billion. During the same quarter in the prior year, the company earned $0.72 EPS. The company's revenue was down 2.9% on a year-over-year basis. On average, analysts expect Enterprise Products Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Enterprise Products Partners Trading Up 0.0 %

EPD traded up $0.01 during trading on Wednesday, hitting $30.71. 5,656,087 shares of the company's stock were exchanged, compared to its average volume of 4,379,345. Enterprise Products Partners has a 1 year low of $27.37 and a 1 year high of $34.63. The stock has a 50 day moving average price of $32.45 and a 200 day moving average price of $31.90. The firm has a market cap of $66.50 billion, a P/E ratio of 11.42, a price-to-earnings-growth ratio of 1.37 and a beta of 0.78. The company has a current ratio of 1.07, a quick ratio of 0.83 and a debt-to-equity ratio of 1.05.

Enterprise Products Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 14th. Investors of record on Wednesday, April 30th will be issued a $0.535 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $2.14 annualized dividend and a yield of 6.97%. Enterprise Products Partners's dividend payout ratio is currently 79.55%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Enterprise Products Partners stock. Brighton Jones LLC increased its position in shares of Enterprise Products Partners L.P. (NYSE:EPD - Free Report) by 19.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,620 shares of the oil and gas producer's stock after purchasing an additional 5,425 shares during the period. Brighton Jones LLC's holdings in Enterprise Products Partners were worth $1,023,000 as of its most recent filing with the Securities and Exchange Commission. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on EPD shares. Barclays increased their target price on Enterprise Products Partners from $35.00 to $37.00 and gave the company an "overweight" rating in a research note on Friday, March 14th. Royal Bank of Canada reiterated an "outperform" rating and set a $37.00 price objective on shares of Enterprise Products Partners in a research note on Wednesday, March 26th. Truist Financial upped their target price on shares of Enterprise Products Partners from $37.00 to $40.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Citigroup reaffirmed a "buy" rating on shares of Enterprise Products Partners in a research note on Tuesday, February 18th. Finally, StockNews.com raised shares of Enterprise Products Partners from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Enterprise Products Partners has an average rating of "Moderate Buy" and a consensus price target of $36.89.

About Enterprise Products Partners

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.