IEP
Icahn Enterprises L.P. [IEP] Stock Forecast
Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
IEP Stock Summary
Top 10 Correlated Stocks
IEP
In the News
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
IEP Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 62.35 | 51.93 | 33.59 | 42.08 | 44.7 | |
| Net income per share | 8.37 | -8.8 | -11.17 | -1.92 | -0.08 | |
| Operating cash flow per share | 5.08 | -7.3 | -1.88 | 1.23 | 3.34 | |
| Free cash flow per share | 3.57 | -8.55 | -2.78 | 0.06 | 2.27 | |
| Cash per share | 61.07 | 68.7 | 48.02 | 44.12 | 28.94 | |
| Book value per share | 71.69 | 54.71 | 41.89 | 35.93 | 30.25 | |
| Tangible book value per share | 67.54 | 51.15 | 37.55 | 32.53 | 27.65 | |
| Share holders equity per share | 71.69 | 54.71 | 41.89 | 35.93 | 30.25 | |
| Interest debt per share | 43.61 | 43.99 | 39.58 | 32.25 | 24.32 | |
| Market cap | 10.27B | 12.3B | 11.2B | 12.89B | 16.01B | |
| Enterprise value | 14.94B | 16.7B | 17.56B | 18.26B | 20.76B | |
| P/E ratio | 6.82 | -6.99 | -4.54 | -25.79 | -640.22 | |
| Price to sales ratio | 0.92 | 1.18 | 1.51 | 1.18 | 1.13 | |
| POCF ratio | 11.23 | -8.42 | -26.92 | 40.17 | 15.17 | |
| PFCF ratio | 15.98 | -7.19 | -18.21 | 805.84 | 22.32 | |
| P/B Ratio | 0.8 | 1.12 | 1.21 | 1.38 | 1.67 | |
| PTB ratio | 0.8 | 1.12 | 1.21 | 1.38 | 1.67 | |
| EV to sales | 1.33 | 1.61 | 2.37 | 1.67 | 1.47 | |
| Enterprise value over EBITDA | 29.36 | 29.61 | -40.18 | -75.79 | 27.5 | |
| EV to operating cash flow | 16.33 | -11.44 | -42.21 | 56.9 | 19.68 | |
| EV to free cash flow | 23.24 | -9.76 | -28.55 | 1.14K | 28.96 | |
| Earnings yield | 0.15 | -0.14 | -0.22 | -0.04 | 0 | |
| Free cash flow yield | 0.06 | -0.14 | -0.05 | 0 | 0.04 | |
| Debt to equity | 0.57 | 0.75 | 0.87 | 0.83 | 0.74 | |
| Debt to assets | 0.31 | 0.33 | 0.32 | 0.28 | 0.25 | |
| Net debt to EBITDA | 9.17 | 7.8 | -14.55 | -22.29 | 6.3 | |
| Current ratio | 8.53 | 7.36 | 4.5 | 5.04 | 5.59 | |
| Interest coverage | 0.69 | 0.07 | -1.38 | -1.14 | 0.43 | |
| Income quality | 0.45 | 0.82 | 0.17 | -0.64 | -42.2 | |
| Dividend Yield | 0.01 | 0.01 | 0.05 | 0.01 | 0.01 | |
| Payout ratio | 0.06 | -0.06 | -0.21 | -0.27 | -9.04 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | |
| Capex to operating cash flow | -0.3 | 0.17 | 0.48 | -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 | -0.08 | 0.13 | -0.12 | 0 | |
| Graham number | 116.21 | 104.05 | 102.59 | 39.43 | 7.34 | |
| ROIC | 0.02 | 0 | -0.05 | -0.04 | -0.04 | |
| Return on tangible assets | 0.07 | -0.07 | -0.1 | -0.02 | 0 | |
| Graham Net | 12.47 | 9.74 | -6.22 | -6.29 | -8.57 | |
| Working capital | 14.94B | 15.58B | 13.78B | 16.95B | 17.14B | |
| Tangible asset value | 12.16B | 10.23B | 8.3B | 8.46B | 8.74B | |
| Net current asset value | 6.43B | 4.34B | 1.99B | 2.74B | 2.52B | |
| Invested capital | 0.57 | 0.75 | 0.87 | 0.83 | 0.74 | |
| Average receivables | 1.72B | 1.24B | 2.64B | 5.01B | 6.86B | |
| Average payables | 1.45B | 888.5M | 841.5M | 771.5M | 837.5M | |
| Average inventory | 2.52B | 1.8B | 1.7B | 1.53B | 1.5B | |
| Days sales outstanding | 37.01 | 46.85 | 193.69 | 202.7 | 197.67 | |
| Days payables outstanding | 33.94 | 42 | 42.62 | 30.99 | 27.17 | |
| Days of inventory on hand | 72.58 | 80.54 | 91.25 | 56.9 | 47.81 | |
| Receivables turnover | 9.86 | 7.79 | 1.88 | 1.8 | 1.85 | |
| Payables turnover | 10.75 | 8.69 | 8.56 | 11.78 | 13.44 | |
| Inventory turnover | 5.03 | 4.53 | 4 | 6.41 | 7.63 | |
| ROE | 0.12 | -0.16 | -0.27 | -0.05 | 0 | |
| 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 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 10.9 | 10.19 | 8.32 | 7.85 | 7.59 | |
| Net income per share | -0.66 | -1.2 | -1.01 | -0.73 | 0.41 | |
| Operating cash flow per share | 2.19 | -6.72 | 0.7 | 4.71 | 0.51 | |
| Free cash flow per share | 1.89 | -6.97 | 0.53 | 4.51 | 0.51 | |
| Cash per share | 22.56 | 26.9 | 26.12 | 20.23 | 7.34 | |
| Book value per share | 30.45 | 28.11 | 24 | 19.58 | 16.82 | |
| Tangible book value per share | 27.88 | 25.7 | 21.73 | 17.43 | 14.86 | |
| Share holders equity per share | 30.45 | 28.11 | 24 | 19.58 | 16.82 | |
| Interest debt per share | 22.43 | 21.36 | 20.43 | 19.66 | 18.33 | |
| Market cap | 16.09B | 17.22B | 18.31B | 10.65B | 7.79B | |
| Enterprise value | 20.79B | 21.98B | 22.79B | 15.24B | 11.98B | |
| P/E ratio | -18.71 | -10.55 | -12.78 | -9.9 | 12.03 | |
| Price to sales ratio | 4.56 | 4.97 | 6.22 | 3.7 | 2.61 | |
| POCF ratio | 22.63 | -7.54 | 74.11 | 6.16 | 39.16 | |
| PFCF ratio | 26.34 | -7.27 | 96.85 | 6.43 | 39.16 | |
| P/B Ratio | 1.63 | 1.8 | 2.15 | 1.48 | 1.18 | |
| PTB ratio | 1.63 | 1.8 | 2.15 | 1.48 | 1.18 | |
| EV to sales | 5.89 | 6.34 | 7.74 | 5.29 | 4 | |
| Enterprise value over EBITDA | 199.89 | 130.83 | 52.15 | 63.78 | 181.49 | |
| EV to operating cash flow | 29.24 | -9.62 | 92.26 | 8.81 | 60.19 | |
| EV to free cash flow | 34.02 | -9.28 | 120.57 | 9.2 | 60.19 | |
| Earnings yield | -0.01 | -0.02 | -0.02 | -0.03 | 0.02 | |
| Free cash flow yield | 0.04 | -0.14 | 0.01 | 0.16 | 0.03 | |
| Debt to equity | 0.72 | 0.74 | 0.83 | 0.98 | 1.07 | |
| Debt to assets | 0.26 | 0.25 | 0.27 | 0.32 | 0.33 | |
| Net debt to EBITDA | 45.14 | 28.33 | 10.26 | 19.21 | 63.41 | |
| Current ratio | 4.92 | 5.59 | 4.87 | 4.78 | 4.04 | |
| Interest coverage | -0.19 | 0.27 | 2.22 | 0.81 | 0.45 | |
| Income quality | -3.31 | 5.6 | -0.69 | -4.13 | -6.63 | |
| Dividend Yield | 0 | 0 | 0 | 0.01 | 0 | |
| Payout ratio | -0.28 | -0.16 | 0 | -0.58 | 0 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | |
| Capex to operating cash flow | -0.14 | 0.04 | -0.23 | -0.04 | 0 | |
| Capex to revenue | -0.03 | -0.02 | -0.02 | -0.03 | 0 | |
| Capex to depreciation | -0.76 | -0.65 | -0.48 | -0.57 | 0 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0.05 | 0 | |
| Graham number | 21.32 | 27.55 | 23.37 | 17.97 | 12.48 | |
| ROIC | 0 | 0 | 0.02 | 0.01 | 0.01 | |
| Return on tangible assets | -0.01 | -0.02 | -0.01 | -0.01 | 0.01 | |
| Graham Net | -14.63 | -7.96 | -7.61 | -9.53 | -19.69 | |
| Working capital | 16.03B | 17.14B | 15.79B | 12.52B | 9.37B | |
| Tangible asset value | 9.03B | 8.74B | 7.69B | 6.4B | 5.85B | |
| Net current asset value | 2.47B | 2.52B | 2.1B | 807M | -2.68B | |
| Invested capital | 0.72 | 0.74 | 0.83 | 0.98 | 1.07 | |
| Average receivables | 6.08B | 7B | 7.35B | 5.92B | 5.02B | |
| Average payables | 1.08B | 938.5M | 822M | 748.5M | 771M | |
| Average inventory | 1.73B | 1.6B | 1.31B | 1.06B | 1.05B | |
| Days sales outstanding | 162.03 | 198.64 | 215.39 | 149.77 | 158.06 | |
| Days payables outstanding | 29.95 | 26.53 | 30.82 | 28.17 | 31.01 | |
| Days of inventory on hand | 49.79 | 46.69 | 43.69 | 39.55 | 41.08 | |
| Receivables turnover | 0.56 | 0.45 | 0.42 | 0.6 | 0.57 | |
| Payables turnover | 3 | 3.39 | 2.92 | 3.2 | 2.9 | |
| Inventory turnover | 1.81 | 1.93 | 2.06 | 2.28 | 2.19 | |
| ROE | -0.02 | -0.04 | -0.04 | -0.04 | 0.02 | |
| Capex per share | -0.31 | -0.25 | -0.16 | -0.2 | 0 |
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.
Company Profile
- Volume Average 640.98K
- Market Capitalization 6.71B
- Employee 20.04K
- CEO Mr. David P. Willetts
- Headquarters Sunny Isles Beach,FL,US
- IPO Date 1987-07-23
-
Website
https://www.ielp.com 
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. Its Real Estate segment is involved in the rental of retail, office, and industrial properties; construction and sale of single-family homes and residential units; and golf and club operations. This segment also engages in hotel and timeshare resort operations. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
