Suburban Propane Partners (SPH) to Release Earnings on Thursday

Suburban Propane Partners (NYSE:SPH) is expected to post its Q2 2026 results before the market opens on Thursday, May 7th. Analysts expect Suburban Propane Partners to post earnings of $1.98 per share and revenue of $575.00 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 9:00 AM ET.

Suburban Propane Partners (NYSE:SPH) last released its quarterly earnings data on Thursday, February 5th. The energy company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.53 by $0.16. Suburban Propane Partners had a net margin of 9.30% and a return on equity of 19.94%. The business had revenue of $370.39 million during the quarter, compared to the consensus estimate of $392.00 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

Shares of SPH traded down $0.07 during midday trading on Wednesday, hitting $19.33. 37,394 shares of the company traded hands, compared to its average volume of 127,131. The firm has a 50 day moving average of $19.99 and a 200-day moving average of $19.43. Suburban Propane Partners has a 52 week low of $17.30 and a 52 week high of $20.80. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 9.52 and a beta of 0.42. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.61 and a current ratio of 0.87.

Suburban Propane Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 12th. Stockholders of record on Tuesday, May 5th will be given a dividend of $0.325 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 6.7%. Suburban Propane Partners’s dividend payout ratio (DPR) is 64.04%.

Institutional Trading of Suburban Propane Partners

Hedge funds have recently made changes to their positions in the company. Aristides Capital LLC boosted its position in shares of Suburban Propane Partners by 4.3% during the 4th quarter. Aristides Capital LLC now owns 21,174 shares of the energy company’s stock worth $393,000 after purchasing an additional 880 shares during the period. Corient Private Wealth LLC raised its holdings in shares of Suburban Propane Partners by 101.2% in the 2nd quarter. Corient Private Wealth LLC now owns 29,176 shares of the energy company’s stock valued at $541,000 after purchasing an additional 14,674 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Suburban Propane Partners by 11.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,370,534 shares of the energy company’s stock valued at $28,795,000 after purchasing an additional 142,547 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Suburban Propane Partners by 3.0% in the 3rd quarter. Raymond James Financial Inc. now owns 199,156 shares of the energy company’s stock valued at $3,714,000 after purchasing an additional 5,769 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Suburban Propane Partners by 65.7% in the 2nd quarter. Bank of America Corp DE now owns 98,158 shares of the energy company’s stock valued at $1,819,000 after purchasing an additional 38,937 shares in the last quarter. Hedge funds and other institutional investors own 30.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on SPH shares. Argus upgraded shares of Suburban Propane Partners to a “strong-buy” rating in a research note on Wednesday, January 21st. Zacks Research raised Suburban Propane Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Finally, Weiss Ratings raised shares of Suburban Propane Partners from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Suburban Propane Partners Company Profile

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.