Suburban Propane Partners (SPH) Projected to Post Quarterly Earnings on Thursday

Suburban Propane Partners (NYSE:SPHGet Free Report) will likely be releasing its Q2 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $1.98 per share and revenue of $575.00 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 9:00 AM ET.

Suburban Propane Partners (NYSE:SPHGet Free Report) last posted its quarterly earnings results on Thursday, February 5th. The energy company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.16. The business had revenue of $370.39 million during the quarter, compared to analyst estimates of $392.00 million. Suburban Propane Partners had a net margin of 9.30% and a return on equity of 19.94%. On average, analysts expect Suburban Propane Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Suburban Propane Partners Price Performance

Shares of SPH stock traded down $0.53 on Tuesday, hitting $19.47. 97,911 shares of the stock traded hands, compared to its average volume of 127,723. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.87 and a quick ratio of 0.61. Suburban Propane Partners has a 52 week low of $17.30 and a 52 week high of $20.80. The firm has a 50 day simple moving average of $20.01 and a two-hundred day simple moving average of $19.43. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 9.59 and a beta of 0.42.

Suburban Propane Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 12th. Shareholders of record on Tuesday, May 5th will be paid a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Tuesday, May 5th. Suburban Propane Partners’s dividend payout ratio is presently 64.04%.

Institutional Trading of Suburban Propane Partners

A number of large investors have recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in shares of Suburban Propane Partners in the fourth quarter valued at $37,000. Triumph Capital Management bought a new position in Suburban Propane Partners during the third quarter valued at $50,000. Advisory Services Network LLC purchased a new position in shares of Suburban Propane Partners in the 3rd quarter worth $62,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Suburban Propane Partners by 669.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 4,671 shares of the energy company’s stock worth $87,000 after buying an additional 4,064 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of Suburban Propane Partners by 11.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,175 shares of the energy company’s stock valued at $133,000 after buying an additional 757 shares in the last quarter. Institutional investors own 30.94% of the company’s stock.

Analyst Ratings Changes

SPH has been the topic of a number of recent analyst reports. Argus raised Suburban Propane Partners to a “strong-buy” rating in a report on Wednesday, January 21st. Zacks Research upgraded Suburban Propane Partners from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Finally, Weiss Ratings raised Suburban Propane Partners from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Strong Buy”.

Get Our Latest Research Report on SPH

Suburban Propane Partners Company Profile

(Get Free Report)

Suburban Propane Partners L.P. (NYSE: SPH) is a publicly traded master limited partnership headquartered in Whippany, New Jersey, that provides propane and related energy services to residential, commercial, industrial and agricultural customers. As one of the largest propane retailers in the United States, the company delivers propane gas, heating oil, diesel fuel and natural gas throughout its service territories. In addition to fuel distribution, Suburban Propane offers HVAC installation, maintenance and repair services, as well as safety inspections and equipment leasing to support customers’ energy needs.

The company’s core business centers on the delivery of propane for space and water heating, cooking and agricultural applications.

Recommended Stories

Earnings History for Suburban Propane Partners (NYSE:SPH)

Receive News & Ratings for Suburban Propane Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suburban Propane Partners and related companies with MarketBeat.com's FREE daily email newsletter.