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

Suburban Propane Partners (NYSE:SPHGet Free Report) is expected to announce its Q3 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of ($0.17) per share and revenue of $255.00 million for the quarter. Investors can check the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.

Suburban Propane Partners (NYSE:SPHGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The energy company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.32. Suburban Propane Partners had a net margin of 9.57% and a return on equity of 19.45%. The business had revenue of $551.21 million during the quarter, compared to analysts’ expectations of $575.00 million. 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

NYSE SPH opened at $18.78 on Tuesday. Suburban Propane Partners has a 12 month low of $16.53 and a 12 month high of $20.80. The firm has a market capitalization of $1.25 billion, a PE ratio of 9.44 and a beta of 0.42. The company’s 50 day simple moving average is $18.24 and its 200 day simple moving average is $19.35. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.08 and a quick ratio of 0.82.

Suburban Propane Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, August 4th will be paid a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Tuesday, August 4th. Suburban Propane Partners’s dividend payout ratio (DPR) is presently 65.33%.

Hedge Funds Weigh In On Suburban Propane Partners

A number of hedge funds have recently modified their holdings of the stock. Truvestments Capital LLC purchased a new position in Suburban Propane Partners in the 4th quarter worth about $37,000. Triumph Capital Management acquired a new stake in shares of Suburban Propane Partners during the 3rd quarter valued at $50,000. Advisory Services Network LLC purchased a new position in shares of Suburban Propane Partners during the 3rd quarter valued at $62,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Suburban Propane Partners by 669.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 4,671 shares of the energy company’s stock valued at $87,000 after acquiring an additional 4,064 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Suburban Propane Partners by 11.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,175 shares of the energy company’s stock worth $133,000 after acquiring an additional 757 shares during the last quarter. 30.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SPH has been the topic of a number of research reports. Zacks Research raised Suburban Propane Partners from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 10th. Weiss Ratings cut Suburban Propane Partners from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, June 17th. Finally, Wall Street Zen lowered Suburban Propane Partners from a “buy” rating to a “hold” rating in a report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, Suburban Propane Partners currently has an average rating of “Strong Buy”.

Read Our Latest Analysis on Suburban Propane Partners

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.

Further Reading

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.