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Suburban Propane Partners, L.P. (SPH)

Utilities | Utilities - Regulated Gas | Whippany, United States | NYSE
19.04 USD +0.04 (0.211%) ⇧ (April 22, 2026, 4 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★☆☆Dividends:★★★★☆
Hot Take | April 19, 2026, 12:45 a.m. EDT

SPH presents a classic 'contrarian income' setup: solid fundamentals and a high yield are attracting defensive buyers, but the recent price action near the 20-day resistance and heavy put option positioning prevent a strong bullish conviction, rendering it a neutral-long-term hold rather than a high-conviction momentum play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.018224
AutoTheta0.018589
AutoETS0.020480
AutoARIMA0.035824

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 32%
H-stat 3.04
Ljung-Box p 0.000
Jarque-Bera p 0.002
Excess Kurtosis 1.28
Attribute Value
Sector Utilities
Ex Dividend Date 2026-02-02
Last Dividend Date 2026-02-02
Debt to Equity Ratio 229.144
Revenue per Share 21.808
Market Cap 1,262,951,424
Trailing P/E 9.47
Forward P/E 10.29
Beta 0.40
Profit Margins 9.30%
Website https://www.suburbanpropane.com

As of April 19, 2026, 12:45 a.m. EDT: Options market exhibits a cautious sentiment with elevated Implied Volatility (IV) on Puts (0.81 ATM for May expiry) compared to Calls (0.58 ATM for May expiry), suggesting a distinct 'dark put' positioning. While Call Open Interest is heavily concentrated near 20-22.5 (mild upside anchor), the significant Push (33% of Call volume) at the 17.5 strike combined with ratio options at 22.5 in the longer-dated August contract indicates speculators are managing downside risk at current levels while limiting upside exposure. The high IV on out-of-the-money Puts contrasts with low IV on longer-dated Calls, implying a volatility skew favoring security performance over leverage.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.61% 6.99% 7.90% 9.08%
Dividend History
Date Dividend Yield %
2026-02-03 0.325 1.610505
2025-11-04 0.325 1.836100
2025-08-05 0.325 1.836738
2025-05-06 0.325 1.710797
2025-02-04 0.325 1.591400
2024-11-05 0.325 1.916479
2024-08-06 0.325 2.118761
2024-05-06 0.325 1.854640
2024-02-05 0.325 1.869435
2023-11-06 0.325 2.176553
2023-07-31 0.325 2.608646
2023-05-01 0.325 2.570717
2023-01-30 0.325 2.554987
2022-10-31 0.325 2.512094
2022-08-01 0.325 2.589983
2022-05-02 0.325 2.560626
2022-01-31 0.325 2.936871
2021-11-01 0.325 2.804413
2021-08-02 0.325 2.857158
2021-05-03 0.300 2.872071
2021-02-01 0.300 2.694783
2020-11-02 0.300 2.734993
2020-08-03 0.300 3.582409
2020-05-04 0.600 6.586680
2020-02-03 0.600 4.410567
2019-11-04 0.600 4.222902
2019-08-05 0.600 4.388930
2019-05-06 0.600 4.581481
2019-02-04 0.600 4.802545
2018-11-05 0.600 4.900534
2018-08-06 0.600 5.017180
2018-05-07 0.600 5.181500
2018-02-05 0.600 4.841513
2017-11-06 0.600 4.784320
2017-07-28 0.888 7.560267
2017-04-28 0.888 7.448838
2017-01-27 0.888 6.406914
2016-10-28 0.888 6.244354
2016-07-29 0.888 6.147552
2016-04-29 0.888 7.121384
2016-01-29 0.888 8.607745
2015-10-30 0.888 6.651170
2015-07-31 0.888 6.160186
2015-05-01 0.887 5.538330
2015-01-30 0.875 5.461874
2014-10-30 0.875 5.557626
2014-08-01 0.875 5.730800
2014-05-02 0.875 5.868671
2014-01-31 0.875 5.892504
2013-11-01 0.875 5.730524
2013-08-02 0.875 5.806402
2013-05-03 0.875 5.665401
2013-02-01 0.875 6.934819
2012-11-02 0.853 6.863145
2012-07-27 0.853 6.856137
2012-04-27 0.853 6.838613
2012-01-27 0.853 6.584046
2011-10-28 0.853 6.367324
2011-07-29 0.853 6.927656
2011-04-29 0.853 5.582764
2011-01-28 0.853 5.608117
2010-10-29 0.850 5.910383
2010-07-30 0.845 6.616439
2010-04-30 0.840 6.839865
2010-01-29 0.835 7.055273
2009-10-30 0.830 7.821613
2009-07-31 0.825 7.593058
2009-05-01 0.815 8.778456
2009-01-30 0.810 8.885589
2008-10-30 0.805 10.620118
2008-08-01 0.800 9.542290
2008-05-02 0.775 8.861117
2008-02-01 0.763 8.765504
2007-11-02 0.750 7.650114
2007-08-03 0.713 7.979190
2007-05-04 0.700 7.285225
2007-02-02 0.688 9.040613
2006-11-03 0.663 9.194216
2006-04-28 0.613 10.876236
2006-01-27 0.613 11.445097
2005-10-28 0.613 11.835808
2005-07-29 0.613 9.481928
2005-04-29 0.613 10.152585
2005-01-28 0.613 10.107258
2004-10-29 0.613 10.675198
2004-07-30 0.613 11.135929
2004-04-30 0.600 11.731084
2004-01-30 0.588 11.031190
2003-10-30 0.588 12.300136
2003-08-01 0.588 12.688337
2003-05-02 0.575 13.203218
2003-01-31 0.575 13.241591
2002-10-31 0.575 14.042936
2002-08-02 0.575 14.614313
2002-05-03 0.563 14.590050
2002-01-31 0.563 14.915224
2001-11-01 0.563 15.541809
2001-08-02 0.550 15.291623
2001-05-03 0.550 16.696593
2001-02-01 0.538 18.561436
2000-11-01 0.538 20.983459
2000-07-26 0.525 21.677345
2000-04-26 0.525 23.199056
2000-01-26 0.500 23.396027
1999-10-27 0.513 22.935525
1999-07-28 0.503 23.011918
1999-04-28 0.500 24.283846
1999-01-27 0.500 24.670226
1998-10-28 0.500 26.052718
1998-07-29 0.500 26.388799
1998-04-29 0.500 27.344540
1998-01-28 0.500 27.707954
1997-10-29 0.500 29.088555
1997-07-30 0.500 30.064669
1997-04-30 0.500 32.836695
1997-01-29 0.500 30.123740
1996-10-30 0.500 30.720795
1996-07-24 0.660 41.039457
Additional Data
dividendRate 1.3
dividendYield 6.83
exDividendDate 2026-02-03
trailingAnnualDividendRate 1.3
trailingAnnualDividendYield 0.06842105
lastDividendValue 0.325
lastDividendDate 2026-02-03
dividendDate 2026-02-10

Info Dump

Attribute Value
52 Week Change -0.07974869
Address1 240 Route 10 West
Address2 P.O. Box 206
All Time High 58.99
All Time Low 8.64
Ask 0.0
Ask Size 500
Average Analyst Rating 3.0 - Hold
Average Daily Volume10 Day 98,110
Average Daily Volume3 Month 128,627
Average Volume 128,627
Average Volume10Days 98,110
Beta 0.403
Bid 0.0
Bid Size 100
Book Value 9.441
City Whippany
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 19.04
Current Ratio 0.866
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 19.2326
Day Low 18.84
Debt To Equity 229.144
Display Name Suburban Propane Partners, L.P
Dividend Date 1,770,681,600
Dividend Rate 1.3
Dividend Yield 6.83
Earnings Call Timestamp End 1,778,158,800
Earnings Call Timestamp Start 1,778,158,800
Earnings Growth 1.3
Earnings Quarterly Growth 1.357
Earnings Timestamp 1,778,157,000
Earnings Timestamp End 1,778,157,000
Earnings Timestamp Start 1,778,157,000
Ebitda 285,832,000
Ebitda Margins 0.19994
Enterprise To Ebitda 9.434
Enterprise To Revenue 1.886
Enterprise Value 2,696,612,352
Eps Current Year 1.91
Eps Forward 1.85
Eps Trailing Twelve Months 2.01
Esg Populated 0
Ex Dividend Date 1,770,076,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.096
Fifty Day Average Change -1.0559998
Fifty Day Average Change Percent -0.052547757
Fifty Two Week Change Percent -7.974869
Fifty Two Week High 20.8
Fifty Two Week High Change -1.7599983
Fifty Two Week High Change Percent -0.084615305
Fifty Two Week Low 17.3
Fifty Two Week Low Change 1.7400017
Fifty Two Week Low Change Percent 0.10057814
Fifty Two Week Range 17.3 - 20.8
Financial Currency USD
First Trade Date Milliseconds 825,604,200,000
Five Year Avg Dividend Yield 7.55
Float Shares 64,300,411
Forward Eps 1.85
Forward P E 10.291892
Free Cashflow 49,031,000
Full Exchange Name NYSE
Full Time Employees 3,190
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.26869
Gross Profits 384,107,008
Has Pre Post Market Data 1
Held Percent Insiders 0.01638
Held Percent Institutions 0.43232
Implied Shares Outstanding 66,331,481
Industry Utilities - Regulated Gas
Industry Disp Utilities - Regulated Gas
Industry Key utilities-regulated-gas
Ir Website http://investor.suburbanpropane.com/phoenix.zhtml?c=75495&p=irol-IRHome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,770,076,800
Last Dividend Value 0.325
Last Fiscal Year End 1,758,931,200
Long Business Summary Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, renewable natural gas, fuel oil, and refined fuels in the United States. It operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. Its Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use in primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets. Its All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. The company serves residential, commercial, industrial, and agricultural customers. Suburban Propane Partners, L.P. was founded in 1945 and is based in Whippany, New Jersey.
Long Name Suburban Propane Partners, L.P.
Market us_market
Market Cap 1,262,951,424
Market State PRE
Max Age 86,400
Message Board Id finmb_350318
Most Recent Quarter 1,766,793,600
Net Income To Common 132,930,000
Next Fiscal Year End 1,790,467,200
Non Diluted Market Cap 1,262,951,398
Number Of Analyst Opinions 1
Open 18.95
Operating Cashflow 129,808,000
Operating Margins 0.18215999
Payout Ratio 0.6468
Peg Ratio 1.21
Phone 973 887 5300
Previous Close 19.0
Price Eps Current Year 9.968587
Price Hint 2
Price To Book 2.0167356
Price To Sales Trailing12 Months 0.8834453
Profit Margins 0.092989996
Quick Ratio 0.479
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.0
Region US
Regular Market Change 0.0400009
Regular Market Change Percent 0.210531
Regular Market Day High 19.2326
Regular Market Day Low 18.84
Regular Market Day Range 18.84 - 19.2326
Regular Market Open 18.95
Regular Market Previous Close 19.0
Regular Market Price 19.04
Regular Market Time 1,776,888,002
Regular Market Volume 92,054
Return On Assets 0.055960003
Return On Equity 0.22697
Revenue Growth -0.008
Revenue Per Share 21.808
Sand P52 Week Change 0.30140376
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Shares Outstanding 66,331,481
Shares Percent Shares Out 0.0068
Shares Short 452,452
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 407,022
Short Name Suburban Propane Partners, L.P.
Short Percent Of Float 0.0089
Short Ratio 4.09
Source Interval 15
State NJ
Symbol SPH
Target High Price 17.0
Target Low Price 17.0
Target Mean Price 17.0
Target Median Price 17.0
Total Cash 1,284,000
Total Cash Per Share 0.019
Total Debt 1,434,945,024
Total Revenue 1,429,575,040
Tradeable 0
Trailing Annual Dividend Rate 1.3
Trailing Annual Dividend Yield 0.06842105
Trailing Eps 2.01
Trailing P E 9.472637
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.0897
Two Hundred Day Average Change -0.049699783
Two Hundred Day Average Change Percent -0.0026034869
Type Disp Equity
Volume 92,054
Website https://www.suburbanpropane.com
Zip 07,981-0206