IEP

Icahn Enterprises L.P. [IEP] Stock Forecast

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IEP


In the News

08:07 11 Dec 2023 IEP

Carl Icahn's investing arm's stock closes below $17 again

Icahn Enterprises L.P.'s stock IEP closed below $17 on Tuesday, sending it back toward recent 19-year lows.

01:00 11 Dec 2023 IEP

Icahn Enterprises: From The Right Pocket To The Left Pocket

Icahn Enterprises has a high dividend yield of 23.16%, but there are red flags that discourage investment. IEP's financial performance over the past decade has been poor, with negative net income and low/negative return on capital. The current NAV per share is too low compared to the price per share.

04:44 11 Dec 2023 IEP

The 7 Highest-Yielding Dividend Stocks in November

Operating under the mantra of ‘more is better,' some income-focused investors seek out the highest-yielding dividend stocks out there. Yet if you think that a super-high yield may in theory sound like an easy path to high returns, it may be best to keep in mind the old adage, “there's no such thing as a free lunch.

09:46 11 Dec 2023 IEP

Carl Icahn loses $16.6 billion as his net worth plunges to $6.8 billion

Carl Icahn, one of the most powerful players in Wall Street, is in trouble. His net worth has been in a freefall as his company's woes mount following a short-seller report that came out a few months ago.

03:09 11 Dec 2023 IEP

3 Stocks Gaining Momentum From Activist Investor Action

S&P Global Market Intelligence recently stated that activists launched 850 investor activism campaigns in the first half of 2023. Despite the recent backlash against ESG (environment, social, and corporate governance) investing, 86% of the activist investor stocks targeted by campaigns had an ESG component.

06:00 11 Dec 2023 IEP

Icahn Enterprises: First Cut May Be The Deepest, But The Second One Will Hurt More

Icahn Enterprises did the first distribution cut on schedule. Q3-2023 financial results were greeted with joy but the dilution is still moving along at a breathtaking speed. The NAV is around $13.00 based on IEP's own calculations and dividend chasers are unlikely to be rewarded over the next 12-15 months.

02:35 11 Dec 2023 IEP

Why Is Icahn Enterprises (IEP) Stock Up 10% Today?

In an effort to right the ship amid hefty losses this year, conglomerate Icahn Enterprises (NASDAQ: IEP ) — controlled by notorious activist investor Carl Icahn — saw its shares pop higher on Friday. Primarily, the company announced a dividend of $1 per share in the third quarter, representing a yield of around 20%, per The Wall Street Journal.

12:28 11 Dec 2023 IEP

Icahn Enterprises L.P. (IEP) Q3 2023 Earnings Call Transcript

Icahn Enterprises L.P. (NASDAQ:IEP ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Jesse Lynn - General Counsel David Willetts - President and CEO Robert Flint - Director of Accounting Conference Call Participants Daniel Fannon - Jefferies Chapin Mechem - Northeast Investors Andrew Berg - Post Advisory Group Operator Good morning, and welcome to the Icahn Enterprises L.P.

11:21 11 Dec 2023 IEP

Why Icahn Enterprises Stock Is Up Big Today

Carl Icahn's holding company reported a loss for the quarter, but, more importantly, it maintained its dividend payout. The company has been under pressure from a short-seller this year, and last quarter cut its dividend in half.

08:49 11 Dec 2023 IEP

Icahn Enterprises Stock Jumps on Reassuring News About the Dividend

Icahn Enterprises halved its dividend last quarter but says Friday it will keep the current $1 payout steady.

IEP Financial details

Company Rating
Buy
Market Cap
6.71B
Income
-873M
Revenue
12.28B
Book val./share
16.82
Cash/share
7.34
Dividend
6
Dividend %
36.74%
Employees
20.04K
Optionable
No
Shortable
Yes
Earnings
21 Feb 2024
P/E
-7.37
Forward P/E
11.58
PEG
-2.32
P/S
0.55
P/B
0.97
P/C
2.22
P/FCF
-20.7
Quick Ratio
2.64
Current Ratio
4.04
Debt / Equity
1.07
LT Debt / Equity
0.72
-
-
EPS (TTM)
-2.53
EPS next Y
1.41
EPS next Q
0.32
EPS this Y
-95.88%
EPS next Y
-155.73%
EPS next 5Y
-155.73%
EPS last 5Y
NAN%
Revenue last 5Y
4.71%
Revenue Q/Q
3.78%
EPS Q/Q
-156.16%
-
-
-
-
SMA20
-9.9%
SMA50
-16.63%
SMA100
-48.73%
Inst Own
1.3%
Inst Trans
0.01%
ROA
-4%
ROE
-11%
ROC
0.03%
Gross Margin
19%
Oper. Margin
4%
Profit Margin
-7%
Payout
-25%
Shs Outstand
410.8M
Shs Float
409.63M
-
-
-
-
Target Price
-
52W Range
16.04-54.48
52W High
-69.76%
52W Low
+2.06%
RSI
36.65
Rel Volume
0.82
Avg Volume
640.98K
Volume
528.57K
Perf Week
-4.45%
Perf Month
-4.95%
Perf Quarter
-42.5%
Perf Half Y
-41.66%
-
-
-
-
Beta
0.903
-
-
Volatility
0.28%, 1.26%
Prev Close
0.25%
Price
16.33
Change
-0.91%

IEP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
62.3551.9333.5942.0844.7
Net income per share
8.37-8.8-11.17-1.92-0.08
Operating cash flow per share
5.08-7.3-1.881.233.34
Free cash flow per share
3.57-8.55-2.780.062.27
Cash per share
61.0768.748.0244.1228.94
Book value per share
71.6954.7141.8935.9330.25
Tangible book value per share
67.5451.1537.5532.5327.65
Share holders equity per share
71.6954.7141.8935.9330.25
Interest debt per share
43.6143.9939.5832.2524.32
Market cap
10.27B12.3B11.2B12.89B16.01B
Enterprise value
14.94B16.7B17.56B18.26B20.76B
P/E ratio
6.82-6.99-4.54-25.79-640.22
Price to sales ratio
0.921.181.511.181.13
POCF ratio
11.23-8.42-26.9240.1715.17
PFCF ratio
15.98-7.19-18.21805.8422.32
P/B Ratio
0.81.121.211.381.67
PTB ratio
0.81.121.211.381.67
EV to sales
1.331.612.371.671.47
Enterprise value over EBITDA
29.3629.61-40.18-75.7927.5
EV to operating cash flow
16.33-11.44-42.2156.919.68
EV to free cash flow
23.24-9.76-28.551.14K28.96
Earnings yield
0.15-0.14-0.22-0.040
Free cash flow yield
0.06-0.14-0.0500.04
Debt to equity
0.570.750.870.830.74
Debt to assets
0.310.330.320.280.25
Net debt to EBITDA
9.177.8-14.55-22.296.3
Current ratio
8.537.364.55.045.59
Interest coverage
0.690.07-1.38-1.140.43
Income quality
0.450.820.17-0.64-42.2
Dividend Yield
0.010.010.050.010.01
Payout ratio
0.06-0.06-0.21-0.27-9.04
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.030.030.040.030.03
Capex to operating cash flow
-0.30.170.48-0.95-0.32
Capex to revenue
-0.02-0.02-0.03-0.03-0.02
Capex to depreciation
-0.61-0.48-0.39-0.59-0.66
Stock based compensation to revenue
0.09-0.080.13-0.120
Graham number
116.21104.05102.5939.437.34
ROIC
0.020-0.05-0.04-0.04
Return on tangible assets
0.07-0.07-0.1-0.020
Graham Net
12.479.74-6.22-6.29-8.57
Working capital
14.94B15.58B13.78B16.95B17.14B
Tangible asset value
12.16B10.23B8.3B8.46B8.74B
Net current asset value
6.43B4.34B1.99B2.74B2.52B
Invested capital
0.570.750.870.830.74
Average receivables
1.72B1.24B2.64B5.01B6.86B
Average payables
1.45B888.5M841.5M771.5M837.5M
Average inventory
2.52B1.8B1.7B1.53B1.5B
Days sales outstanding
37.0146.85193.69202.7197.67
Days payables outstanding
33.944242.6230.9927.17
Days of inventory on hand
72.5880.5491.2556.947.81
Receivables turnover
9.867.791.881.81.85
Payables turnover
10.758.698.5611.7813.44
Inventory turnover
5.034.5346.417.63
ROE
0.12-0.16-0.27-0.050
Capex per share
-1.51-1.25-0.9-1.17-1.07

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
10.910.198.327.857.59
Net income per share
-0.66-1.2-1.01-0.730.41
Operating cash flow per share
2.19-6.720.74.710.51
Free cash flow per share
1.89-6.970.534.510.51
Cash per share
22.5626.926.1220.237.34
Book value per share
30.4528.112419.5816.82
Tangible book value per share
27.8825.721.7317.4314.86
Share holders equity per share
30.4528.112419.5816.82
Interest debt per share
22.4321.3620.4319.6618.33
Market cap
16.09B17.22B18.31B10.65B7.79B
Enterprise value
20.79B21.98B22.79B15.24B11.98B
P/E ratio
-18.71-10.55-12.78-9.912.03
Price to sales ratio
4.564.976.223.72.61
POCF ratio
22.63-7.5474.116.1639.16
PFCF ratio
26.34-7.2796.856.4339.16
P/B Ratio
1.631.82.151.481.18
PTB ratio
1.631.82.151.481.18
EV to sales
5.896.347.745.294
Enterprise value over EBITDA
199.89130.8352.1563.78181.49
EV to operating cash flow
29.24-9.6292.268.8160.19
EV to free cash flow
34.02-9.28120.579.260.19
Earnings yield
-0.01-0.02-0.02-0.030.02
Free cash flow yield
0.04-0.140.010.160.03
Debt to equity
0.720.740.830.981.07
Debt to assets
0.260.250.270.320.33
Net debt to EBITDA
45.1428.3310.2619.2163.41
Current ratio
4.925.594.874.784.04
Interest coverage
-0.190.272.220.810.45
Income quality
-3.315.6-0.69-4.13-6.63
Dividend Yield
0000.010
Payout ratio
-0.28-0.160-0.580
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.030.030.030.040.04
Capex to operating cash flow
-0.140.04-0.23-0.040
Capex to revenue
-0.03-0.02-0.02-0.030
Capex to depreciation
-0.76-0.65-0.48-0.570
Stock based compensation to revenue
0000.050
Graham number
21.3227.5523.3717.9712.48
ROIC
000.020.010.01
Return on tangible assets
-0.01-0.02-0.01-0.010.01
Graham Net
-14.63-7.96-7.61-9.53-19.69
Working capital
16.03B17.14B15.79B12.52B9.37B
Tangible asset value
9.03B8.74B7.69B6.4B5.85B
Net current asset value
2.47B2.52B2.1B807M-2.68B
Invested capital
0.720.740.830.981.07
Average receivables
6.08B7B7.35B5.92B5.02B
Average payables
1.08B938.5M822M748.5M771M
Average inventory
1.73B1.6B1.31B1.06B1.05B
Days sales outstanding
162.03198.64215.39149.77158.06
Days payables outstanding
29.9526.5330.8228.1731.01
Days of inventory on hand
49.7946.6943.6939.5541.08
Receivables turnover
0.560.450.420.60.57
Payables turnover
33.392.923.22.9
Inventory turnover
1.811.932.062.282.19
ROE
-0.02-0.04-0.04-0.040.02
Capex per share
-0.31-0.25-0.16-0.20

IEP Frequently Asked Questions

What is Icahn Enterprises L.P. stock symbol ?

Icahn Enterprises L.P. is a US stock , located in Sunny isles beach of Fl and trading under the symbol IEP

What is Icahn Enterprises L.P. stock quote today ?

Icahn Enterprises L.P. stock price is $16.33 today.

Is Icahn Enterprises L.P. stock public?

Yes, Icahn Enterprises L.P. is a publicly traded company.

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