Icahn Enterprises L.P. (IEP)

NASDAQ: IEP · IEX Real-Time Price · USD
16.89
-0.12 (-0.71%)
At close: Apr 18, 2024, 4:00 PM
16.97
+0.08 (0.47%)
Pre-market: Apr 19, 2024, 8:55 AM EDT
-0.71%
Market Cap 7.25B
Revenue (ttm) 10.85B
Net Income (ttm) -670.00M
Shares Out 429.03M
EPS (ttm) -1.75
PE Ratio n/a
Forward PE 18.20
Dividend $4.00 (23.68%)
Ex-Dividend Date Mar 8, 2024
Volume 366,399
Open 17.03
Previous Close 17.01
Day's Range 16.79 - 17.09
52-Week Range 15.00 - 52.10
Beta 0.80
Analysts Strong Buy
Price Target 27.00 (+59.86%)
Earnings Date May 3, 2024

About IEP

Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services. The Energy segment refines and markets transportation fuels in the form of gasoline and diesel fuels, as well as renewable diesel; and manufactures nitrogen fertilizers in the for... [Read more]

Sector Energy
IPO Date May 18, 1987
Employees 15,038
Stock Exchange NASDAQ
Ticker Symbol IEP
Full Company Profile

Financial Performance

In 2023, IEP's revenue was $10.85 billion, a decrease of -23.08% compared to the previous year's $14.10 billion. Losses were -$670.00 million, 274.3% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for IEP stock is "Strong Buy" and the 12-month stock price forecast is $27.0.

Price Target
$27.0
(59.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Carl Icahn's investing arm posts surprise fourth-quarter loss but sticks with $1-per-unit dividend

Icahn Enterprises LP's stock was flat on Wednesday after the investing arm of billionaire activist investor Carl Icahn posted an unexpected fourth-quarter loss but revenue that topped estimates.

7 weeks ago - Market Watch

Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Fourth Quarter and Full Year 2023 Financial Results

SUNNY ISLES BEACH, Fla. , Feb. 28, 2024 /PRNewswire/ -- Fourth quarter net loss attributable to IEP of $139 million, an improvement of $116 million over prior year quarter Fourth quarter Adjusted EBIT...

7 weeks ago - PRNewsWire

Icahn Enterprises L.P. Announces Q4 and Full Year 2023 Earnings Conference Call

SUNNY ISLES BEACH, Fla. , Feb. 21, 2024 /PRNewswire/ -- Icahn Enterprises L.P.

2 months ago - PRNewsWire

Icahn Enterprises CEO to become head of Pep Boys

Icahn Enterprises L.P. said Wednesday that its current chief executive, David Willetts, will become CEO of Pep Boys, the automotive aftermarket service chain that it acquired in 2016.

2 months ago - Market Watch

Icahn Enterprises L.P. Announces Management & Financial Update

Names Icahn Capital Portfolio Manager, Andrew Teno, as Chief Executive Officer Names Current Chief Executive Officer, David Willetts, as Chief Executive Officer of Pep Boys Announces Estimated Indicat...

2 months ago - PRNewsWire

Icahn Enterprises L.P. Announces Closing of $500 Million Senior Notes Offering and Additional $200 Million Senior Notes Offering

SUNNY ISLES BEACH, Fla. , Dec. 19, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

4 months ago - PRNewsWire

Icahn Enterprises L.P. Announces Upsizing and Pricing of Additional Senior Notes

SUNNY ISLES BEACH, Fla. , Dec. 15, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

4 months ago - PRNewsWire

Carl Icahn's investing arm issuing additional 9.75% six-year bonds after stock closes at a 20-year low

Icahn Enterprises LP IEP, -0.13% said Friday it's planning to offer additional 9.750% senior notes that mature in 2029 in a private placement. The company earlier this week closed a $500 million offer...

4 months ago - Market Watch

Icahn Enterprises L.P. Intends to Offer Additional New Senior Notes

SUNNY ISLES BEACH, Fla. , Dec. 15, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

4 months ago - PRNewsWire

Icahn Enterprises L.P. Announces Pricing of Senior Notes

SUNNY ISLES BEACH, Fla. , Dec. 12, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

4 months ago - PRNewsWire

Icahn Enterprises L.P. Intends to Offer New Senior Notes

SUNNY ISLES BEACH, Fla. , Dec. 12, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

4 months ago - PRNewsWire

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.

5 months ago - Market Watch

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 ...

5 months ago - Invezz

SMBC discloses $560 million loss in sale of rail car leasing business to ITE

Sumitomo Mitsui Financial Corp. 8316, -0.71% said Tuesday it would take an after-tax loss of $560 million in its sale of SMBC Rail Services to New York-based private-equity firm ITE Management LP, for...

5 months ago - Market Watch

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.

6 months ago - Barrons

Carl Icahn's investing arm posts Q3 loss but revenue beat and sticks with $1 dividend

Icahn Enterprises LP's stock IEP, +5.13% rose 4% premarket Friday, after the company posted a third-quarter loss but revenue that was ahead of expectations and said it's sticking with its quarterly di...

6 months ago - Market Watch

Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Third Quarter 2023 Financial Results

Third quarter net loss attributable to IEP of $6 million, an improvement of $117 million over prior year quarter Third quarter Adjusted EBITDA attributable to IEP of $272 million, an increase of $202 ...

6 months ago - PRNewsWire

Carl Icahn's investing arm's stock falls to 19-year low

Icahn Enterprises L.P.'s stock closed at its lowest level since June 8, 2004 on Friday, ahead of the release of third-quarter earnings on Friday.

6 months ago - Market Watch

Icahn Enterprises L.P. Announces Q3 2023 Earnings Conference Call

SUNNY ISLES BEACH, Fla. , Oct. 26, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

6 months ago - PRNewsWire

Icahn Enterprises's stock falls to fresh 52-week low

Icahn Enterprises L.P.'s stock IEP, -1.75% dropped almost 2% Thursday to close at a fresh 52-week low of $17.

6 months ago - Market Watch

Carl Ichan's investing arm's stock slides 4.2% to close to its 52-week low

Icahn Enterprises L.P.'s stock was down 4.2% to $19.86 on Tuesday, bringing it within sight of its its 52-week low of $18.03, hit earlier this year after short-seller Hindenburg Research published a s...

8 months ago - Market Watch

Carl Icahn Should Be Sailing Into the Sunset. Instead, He's Scrambling to Save His Empire.

Billionaire activist investor Carl Icahn is weathering one of his career's most trying periods, but some on Wall Street say don't count him out yet.

8 months ago - WSJ

Carl Icahn's investing arm's stock slides another 3.8% premarket

Icahn Enterprises L.P.' stock IEP, -23.23% fell 3.6% premarket Monday, extending Friday's losses after Carl Icahn's investing arm said it's halving its quarterly dividend.

9 months ago - Market Watch

IEP Shares tumble after firm cuts dividend in half

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.

9 months ago - CNBC Television

Carl Icahn's firm slashes dividend by 50% after Hindenburg's ‘Ponzi' claim

Hindenburg said Friday it remained short on the company, in a post on messaging platform X, formerly known as Twitter.

9 months ago - New York Post