Key Highlights:
- Enterprise Products Partners (EPD, Financial) maintains a robust 7.18% yield with its quarterly dividend.
- Analysts foresee potential price growth of up to 24.77% over the next year.
- EPD is currently rated as an "Outperform" by leading brokerage firms.
Enterprise Products Partners (EPD) has announced its quarterly dividend of $0.535 per share, continuing its previous payout. This dividend supports a forward yield of 7.18% and is scheduled for payment on May 14, with shareholders needing to be on record by April 30. The ex-dividend date aligns with the record date, April 30.
Analysts' Insights on EPD
Market analysts have provided a range of one-year price targets for Enterprise Products Partners LP (EPD, Financial), averaging at $37.18. The projections range from a high of $40.00 to a low of $31.90, suggesting a potential upside of 24.77% from the current trading price of $29.80. For a more comprehensive analysis, visit the Enterprise Products Partners LP (EPD) Forecast page.
Brokerage Recommendations
The consensus from 20 brokerage firms positions Enterprise Products Partners LP (EPD, Financial) with an average brokerage recommendation of 1.9, which indicates an "Outperform" status. The rating scale spans from 1 to 5, where 1 represents a Strong Buy, and 5 signifies Sell.
Evaluating EPD’s GF Value
According to GuruFocus estimates, the GF Value for Enterprise Products Partners LP (EPD, Financial) over the next year is estimated at $32.26. This presents an anticipated upside of 8.26% from its current price of $29.80. The GF Value is a proprietary metric by GuruFocus that evaluates fair stock value based on historical trading multiples and projected future performance. For additional insights, explore the Enterprise Products Partners LP (EPD) Summary page.
