Enterprise Products Partners (EPD) Expected to Announce Quarterly Earnings on Tuesday

Enterprise Products Partners (NYSE:EPD) is expected to be posting its Q1 2025 quarterly earnings results 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) last issued its earnings results on Tuesday, February 4th. The oil and gas producer reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. The business had revenue of $14.20 billion during the quarter, compared to the consensus estimate of $14.07 billion. Enterprise Products Partners had a return on equity of 20.48% and a net margin of 10.49%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 earnings per share. 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 Stock Performance

Shares of EPD stock opened at $30.13 on Tuesday. The company has a market cap of $65.25 billion, a price-to-earnings ratio of 11.20, a price-to-earnings-growth ratio of 1.37 and a beta of 0.78. Enterprise Products Partners has a 52 week low of $27.37 and a 52 week high of $34.63. The firm has a 50 day moving average of $32.55 and a 200-day moving average of $31.92. The company has a quick ratio of 0.83, a current ratio of 1.07 and a debt-to-equity ratio of 1.05.

Enterprise Products Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.535 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $2.14 annualized dividend and a dividend yield of 7.10%. Enterprise Products Partners’s dividend payout ratio is currently 79.55%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Enterprise Products Partners stock. Brighton Jones LLC boosted its position in Enterprise Products Partners L.P. (NYSE:EPD) by 19.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,620 shares of the oil and gas producer’s stock after buying an additional 5,425 shares during the quarter. 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 (SEC). 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EPD has been the topic of several recent research reports. Scotiabank increased their price target on Enterprise Products Partners from $33.00 to $35.00 and gave the stock a “sector perform” rating in a report on Thursday, March 6th. Barclays upped their price objective on shares of Enterprise Products Partners from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, March 14th. Royal Bank of Canada restated an “outperform” rating and issued a $37.00 target price on shares of Enterprise Products Partners in a report on Wednesday, March 26th. Citigroup reissued a “buy” rating on shares of Enterprise Products Partners in a research note on Tuesday, February 18th. Finally, Truist Financial upped their price target on Enterprise Products Partners from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.