Analysts predict that Energy Transfer Partners LP (NYSE:ETP) will announce earnings of $0.28 per share for the current quarter, according to Zacks. Three analysts have made estimates for Energy Transfer Partners’ earnings, with estimates ranging from $0.15 to $0.39. Energy Transfer Partners reported earnings of $0.29 per share during the same quarter last year, which would indicate a negative year over year growth rate of 3.4%. The business is scheduled to report its next earnings results after the market closes on Wednesday, February 21st.
On average, analysts expect that Energy Transfer Partners will report full-year earnings of $0.66 per share for the current fiscal year, with EPS estimates ranging from $0.57 to $0.78. For the next financial year, analysts expect that the business will post earnings of $1.00 per share, with EPS estimates ranging from $0.41 to $1.46. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Energy Transfer Partners.
Several analysts have issued reports on ETP shares. Bank of America started coverage on Energy Transfer Partners in a research note on Tuesday, January 9th. They issued a “buy” rating on the stock. Zacks Investment Research upgraded Energy Transfer Partners from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Tuesday, November 14th. Stifel Nicolaus restated a “buy” rating and issued a $21.00 price objective (down previously from $24.00) on shares of Energy Transfer Partners in a research note on Thursday, November 9th. Tudor Pickering upgraded Energy Transfer Partners from a “hold” rating to a “buy” rating in a research note on Wednesday, December 13th. Finally, Robert W. Baird set a $28.00 price objective on Energy Transfer Partners and gave the company a “buy” rating in a research note on Saturday, November 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $25.86.
Energy Transfer Partners (ETP) traded up $0.09 during trading hours on Wednesday, reaching $19.04. The company’s stock had a trading volume of 4,192,603 shares, compared to its average volume of 8,209,996. The company has a quick ratio of 0.61, a current ratio of 0.84 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $22,060.00, a price-to-earnings ratio of 31.76 and a beta of 0.91. Energy Transfer Partners has a 12-month low of $15.25 and a 12-month high of $26.69.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Thursday, February 8th will be paid a dividend of $0.565 per share. The ex-dividend date is Wednesday, February 7th. This represents a $2.26 dividend on an annualized basis and a yield of 11.87%. Energy Transfer Partners’s dividend payout ratio (DPR) is presently 376.67%.
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About Energy Transfer Partners
Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.
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