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How to buy Icahn Enterprises L-P (IEP) stocks in Canada

Learn how to easily invest in Icahn Enterprises L-P stocks.

Icahn Enterprises L-P is a conglomerates business based in the US. Icahn Enterprises L-P stocks (IEP.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $56.11 – an increase of 1% over the previous week. Icahn Enterprises L-P employs 23,833 staff and has a trailing 12-month revenue of around $11.8 billion.

How to buy shares in Icahn Enterprises L-P

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – IEP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Icahn Enterprises L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Icahn Enterprises L-P's stock price?

Since the stock market crash in March caused by coronavirus, Icahn Enterprises L-P's stock price has had significant negative movement.

Its last market close was $54.65, which is 19.77% down on its pre-crash value of $68.12 and 60.74% up on the lowest point reached during the March crash when the stocks fell as low as $34.

If you had bought $1,000 worth of Icahn Enterprises L-P stocks at the start of February 2020, those stocks would have been worth $564.18 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $855.27.

Icahn Enterprises L-P stock price (NASDAQ:IEP)

Use our graph to track the performance of IEP stocks over time.

Icahn Enterprises L-P shares at a glance

Information last updated 2022-01-10.
Latest market close$54.65
52-week range$46.92 - $59.91
50-day moving average $52.47
200-day moving average $55.04
Wall St. target price$70.00
PE ratio 581.8279
Dividend yield $8 (14.78%)
Earnings per share (TTM) $0.09

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Icahn Enterprises L-P price performance over time

Historical closes compared with the close of $54.65 from 2022-01-14

1 week (2022-01-07) 1.00%
1 month (2021-12-16) 9.43%
3 months (2021-10-15) 0.04%
6 months (2021-07-16) -3.07%
1 year (2021-01-15) -1.97%
2 years (2020-01-16) -17.23%
3 years (2019-01-16) 68.28
5 years (2017-01-13) 60.64

Is Icahn Enterprises L-P under- or over-valued?

Valuing Icahn Enterprises L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Icahn Enterprises L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Icahn Enterprises L-P's P/E ratio

Icahn Enterprises L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 582x. In other words, Icahn Enterprises L-P shares trade at around 582x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Icahn Enterprises L-P's EBITDA

Icahn Enterprises L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2 billion.

The EBITDA is a measure of a Icahn Enterprises L-P's overall financial performance and is widely used to measure a its profitability.

Icahn Enterprises L-P financials

Revenue TTM $11.8 billion
Operating margin TTM 12.77%
Gross profit TTM $-649,000,000
Return on assets TTM 3.72%
Return on equity TTM 7.41%
Profit margin 0.19%
Book value $16.57
Market capitalisation $15.1 billion

TTM: trailing 12 months

Icahn Enterprises L-P share dividends

44%

Dividend payout ratio: 44.44% of net profits

Recently Icahn Enterprises L-P has paid out, on average, around 44.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 14.78% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Icahn Enterprises L-P shareholders could enjoy a 14.78% return on their shares, in the form of dividend payments. In Icahn Enterprises L-P's case, that would currently equate to about $8 per share.

While Icahn Enterprises L-P's payout ratio might seem fairly standard, it's worth remembering that Icahn Enterprises L-P may be investing much of the rest of its net profits in future growth.

Icahn Enterprises L-P's most recent dividend payout was on 21 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 November 2021 (the "ex-dividend date").

Have Icahn Enterprises L-P's shares ever split?

Icahn Enterprises L-P's shares were split on a 10059:1000 basis on 12 November 2012. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 10059 shares. This wouldn't directly have changed the overall worth of your Icahn Enterprises L-P shares – just the quantity. However, indirectly, the new 90.1% lower share price could have impacted the market appetite for Icahn Enterprises L-P shares which in turn could have impacted Icahn Enterprises L-P's share price.

Icahn Enterprises L-P share price volatility

Over the last 12 months, Icahn Enterprises L-P's shares have ranged in value from as little as $46.9164 up to $59.9144. A popular way to gauge a stock's volatility is its "beta".

IEP.US volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Icahn Enterprises L-P's is 0.9361. This would suggest that Icahn Enterprises L-P's shares are less volatile than average (for this exchange).

Icahn Enterprises L-P overview

Icahn Enterprises L. P. , through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and pharma businesses in the United States and Internationally. The company's Investment segment invests its proprietary capital through various private investment funds. Its Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The company's Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. This segment also purchases and leases vehicles.

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