Ferrellgas Partners, L.P.(FGP) is having a Dividend Yield of 6.13% with the Annual cash Dividend per share of $2.05. The last quarter cash dividend per share pay out was $0.1. Ferrellgas Partners, L.P. has a 5 year average dividend yield of 10.41% and the stock has a Indicated annual dividend of $0.4. Ferrellgas Partners, L.P.(FGP) formally announced its most recent dividend on November 23, 2016 with a Dividend per share of $0.1. The new indicated annual dividend based on announced dividend per share is $0.4. The dividend yield based on the forward looking indicated annual dividend is 6.13%. The 5 year historical dividend growth of Ferrellgas Partners, L.P.(FGP) is at the rate of 0.56% while the R-Squared dividend growth is 0.56. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Ferrellgas Partners, L.P. (NYSE:FGP) witnessed a decline in the market cap on Thursday as its shares dropped 2.14% or 0.14 points. After the session commenced at $6.54, the stock reached the higher end at $6.54 while it hit a low of $6.33. With the volume soaring to 505,832 shares, the last trade was called at $6.39. The company has a 52-week high of $20.85. The company has a market cap of $621 million and there are 97,152,665 shares in outstanding. The 52-week low of the share price is $5.04. Ferrellgas Partners, L.P. has lost 6.99% in the last five trading days and dropped 25.52% in the last 4 weeks. Ferrellgas Partners, L.P. has dropped 13.88% during the last 3-month period . Year-to-Date the stock performance stands at -5.61%.
Currently the company Insiders own 0.48% of Ferrellgas Partners, L.P. shares according to the proxy statements. Institutional Investors own 7.21% of Ferrellgas Partners, L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 204.29%. Company has reported several Insider transactions to the SEC, on Dec 28, 2016, Pamela A Breuckmann (director) purchased 2,045 shares at 6.53 per share price.On Oct 7, 2016, Stephen M Clifford (director) purchased 4,000 shares at 10.84 per share price.On Oct 5, 2016, David L Starling (director) purchased 10,300 shares at 9.50 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by UBS on Dec 12, 2016 to Sell, Raises Price Target to $ 6 from a previous price target of $5 .Ferrellgas Partners L.P. was Upgraded by RBC Capital Mkts on Dec 8, 2016 to Sector Perform, Lowers Price Target to $ 6 from a previous price target of $11 .Ferrellgas Partners L.P. was Upgraded by Citigroup to Buy on Dec 5, 2016. Ferrellgas Partners L.P. was Upgraded by Piper Jaffray to Neutral on Dec 5, 2016.
Ferrellgas Partners L.P. Last issued its quarterly earnings results on Dec 9, 2016. The company reported $-0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $-0.52. The company had revenue of $379.50 million for the quarter, compared to analysts expectations of $346.08 million. The companys revenue was down -19.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.79 EPS.
FERRELLGAS PARTNERS, L.P. is engaged in the sale, distribution, marketing and trading of propane and other natural gas liquids.