On average, Wall Street analysts predict that ENTERPRISE PRODUCTS PARTNERS’s share price could reach $27.20 by Apr 4, 2023. The average ENTERPRISE PRODUCTS PARTNERS stock price prediction forecasts a potential upside of 3.82% from the current EPD share price of $26.20.
Similarly, Is EPD a buy or sell?
The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. Once again, cash flow is net income plus depreciation and other non-cash charges.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Does EPD pay a dividend? EPD pays a dividend of $1.82 per share. EPD’s annual dividend yield is 6.79%. ENTERPRISE PRODUCTS PARTNERS’s dividend is higher than the US industry average of 5.48%, and it is higher than the US market average of 4.12%.
Thereof, Why is EPD a good stock?
EPD pays a substantial and ultra-safe dividend. EPD’s price is 40% below what it was seven years ago. Pipeline stocks appear to be in a long-term slump collectively.
Is EPD overvalued?
Taking into account its current price per share of $24, its lower-than-usual market cap of almost $53 billion, and its promising earnings forecasts, EPD is currently undervalued.
Is EDP a buy?
EDP – Energias de Portugal has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Is EPD a k1 stock?
EPD does issue a K-1 tax form. Some investors may have extensive experience in K-1 tax filing and thus may not find it an issue, but others might find the hassle yet another reason to avoid buying EPD.
Is EPD a k1?
HOUSTON, February 28, 2022–(BUSINESS WIRE)–Enterprise Products Partners L.P. (NYSE: EPD) today announced that its 2021 tax packages, including schedule K-1’s are now available online. They may be accessed through the K-1 Tax Package Support website, www.taxpackagesupport.com/enterprise.
Is EPD undervalued?
EPD is materially undervalued and currently trading below 6x cash flows with an 8.2% yield.
Who owns EPD?
Institutional ownership of EPD stands at $527.5 million shares or 24.24% of shares outstanding. This is in-line with the Oil & Gas Pipelines industry average.
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Top 10 Owners of Enterprise Products Partners LP.
| Stockholder | ALPS Advisors, Inc. |
|---|---|
| Stake | 1.10% |
| Shares owned | 23,889,193 |
| Total value ($) | 616,580,071 |
What months does EPD pay dividends?
EPD Dividend History
| Ex/EFF DATE | TYPE | PAYMENT DATE |
|---|---|---|
| 04/29/2020 | CASH | 05/12/2020 |
| 01/30/2020 | CASH | 02/12/2020 |
| 10/30/2019 | CASH | 11/12/2019 |
| 07/30/2019 | CASH | 08/13/2019 |
How is EPD Stock taxed?
Primarily, as Larry Edelson of EdelsonInstitute.com explains, the federal government doesn’t tax an MLP’s income and losses at the entity level. Instead, they are “passed through” to the shareholders (partners). Thus, a shareholder of EPD stock avoids the double taxation inherent among standard corporate equities.
Is EPD a master limited partnership?
I hate to give you another surprise, but Enterprise Products Partners LP (EPD-NYSE) is not a dividend stock. It’s a U.S. master limited partnership (MLP) that is subject to different tax rules than a regular corporation.
Is EPD a publicly traded partnership?
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
Is EPD stock risky?
At north of 8.5% and covered over 1.6 times by distributable cash flow, EPD is a very safe high-yield income vehicle. On top of that, its enterprise value to EBITDA multiple of nine times stands at a steep discount to its five year average of 11.5 times.
What type of company is EPD?
Enterprise Products Partners L.P. (NYSE: EPD) is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas.
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Enterprise Products.
| Type | Public |
|---|---|
| Traded as | NYSE: EPD |
| Industry | Oil and gas |
| Founded | 1968 |
| Headquarters | Enterprise Plaza Houston, Texas , United States |
Does EPD have preferred stock?
Enterprise Products Partners annual total common and preferred stock dividends paid for 2019 were $-3.946B, a 3.61% increase from 2018.
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Compare EPD With Other Stocks.
| Enterprise Products Partners Annual Total Common and Preferred Stock Dividends Paid (Millions of US $) | |
|---|---|
| 2018 | $-3,809 |
| 2017 | $-3,619 |
| 2016 | $-3,348 |
| 2015 | $-2,992 |
How many shares of EPD are outstanding?
Share Statistics
| Avg Vol (3 month) 3 | 7.04M |
|---|---|
| Shares Outstanding 5 | 2.18B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 1.43B |
| % Held by Insiders 1 | 32.61% |
What is the payout ratio of EPD?
EPD Dividend Safety Grade
| EPD | EPD 5Y Avg. | |
|---|---|---|
| Dividend Payout Ratio (TTM) (Non GAAP) | 82.22% | 99.84% |
| Dividend Payout Ratio (FY1) (Non GAAP) | 83.81% | 95.12% |
| Cash Flow Payout Ratio (TTM) | 46.98% | 64.82% |
| Cash Flow Payout Ratio (FY1) | 58.96% | 64.91% |
• 29 mars 2022
Is IEP stock a good buy?
The financial health and growth prospects of IEP, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
How is IEP stock taxed?
Icahn Enterprises L.P. is a publicly traded partnership and is currently taxed as a partnership-not as a corporation.
How does EPD make money?
Revenue. One of the main sources of revenue for EPD are its pipelines that span over 42,900 miles and carry natural gas, petrochemicals, and crude oil. One of the strategies that EPD has incorporated to drive revenues is the acquisition of smaller companies since its IPO in 1998.
How many miles of pipeline does EPD own?
Enterprise Products Partners (EPD) is one of North America’s largest midstream master limited partnerships, with about 50,000 miles of natural gas, natural gas liquids (NGL), crude oil, refined products, and petrochemical pipelines.
What sector is EPD stock in?
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Public Utilities |
| Industry | Natural Gas Distribution |
| 1 Year Target | $29.00 |
What kind of company is EPD?
Enterprise Products Partners L.P. (NYSE: EPD) is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas.
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Enterprise Products.
| Type | Public |
|---|---|
| Traded as | NYSE: EPD |
| Industry | Oil and gas |
| Founded | 1968 |
| Headquarters | Enterprise Plaza Houston, Texas , United States |
How often does enterprise products pay dividends?
Dividend Summary
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.0.
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