News articles about Icahn Enterprises (NASDAQ:IEP) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Icahn Enterprises earned a news impact score of 0.10 on Accern’s scale. Accern also gave media coverage about the conglomerate an impact score of 45.1685759120198 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
Shares of IEP traded up $0.35 during trading hours on Monday, reaching $61.81. The stock had a trading volume of 82,167 shares, compared to its average volume of 107,250. Icahn Enterprises has a 12 month low of $47.06 and a 12 month high of $62.79. The stock has a market capitalization of $10,668.03, a price-to-earnings ratio of 4.17 and a beta of 1.59. The company has a debt-to-equity ratio of 0.98, a quick ratio of 3.98 and a current ratio of 3.98.
Icahn Enterprises (NASDAQ:IEP) last announced its quarterly earnings results on Thursday, March 1st. The conglomerate reported $1.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.56 by $1.16. Icahn Enterprises had a return on equity of 23.08% and a net margin of 10.98%. The company had revenue of $4.73 billion during the quarter.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Monday, March 12th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 11.33%. This is a boost from Icahn Enterprises’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, March 9th.
A number of brokerages have recently commented on IEP. ValuEngine upgraded Icahn Enterprises from a “sell” rating to a “hold” rating in a research note on Monday, April 2nd. BidaskClub upgraded Icahn Enterprises from a “hold” rating to a “buy” rating in a research note on Tuesday, March 27th. Finally, UBS reiterated a “sell” rating and issued a $45.00 price target (up from $42.00) on shares of Icahn Enterprises in a research note on Tuesday, March 6th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $53.00.
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Icahn Enterprises Company Profile
Icahn Enterprises L.P. (Icahn Enterprises) is a holding company. The Company’s segments include Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Mining, Real Estate and Home Fashion. The Company’s Investment segment includes various private investment funds. The Company operates its Automotive segment through its ownership in Federal-Mogul Holdings Corporation and IEH Auto Parts Holding LLC.
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