<div id="readability-page-1"><p>Shares of Icahn Enterprises L.P. (NASDAQ:IEP - Get Free Report) rose 3.1% during mid-day trading on Friday . The stock traded as high as $7.61 and last traded at $7.60. Approximately 653,233 shares traded hands during trading, a decline of 20% from the average daily volume of 816,794 shares. The stock had previously closed at $7.37.</p><div><p><span></span><span>Get <strong>Icahn Enterprises</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>3 High Dividend Stocks To Beat Treasury Yields</li></ul><p>IEP has been the topic of several research analyst reports. Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Icahn Enterprises in a research note on Monday, December 15th. Wall Street Zen raised Icahn Enterprises from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Saturday, November 22nd. One analyst  has rated the stock with a Hold rating and one  has issued  a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of &#34;Reduce&#34;.</p><p><b>Check Out Our Latest Analysis on IEP</b></p><h2>Icahn Enterprises Price Performance</h2><ul><li>Is This The Collapse of Icahn Enterprises ?</li></ul><p>The company has a quick ratio of 4.24, a current ratio of 4.24 and a debt-to-equity ratio of 1.96. The stock's 50-day moving average price is $8.05 and its 200-day moving average price is $8.42. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of -9.61 and a beta of 0.81. </p><p>Icahn Enterprises (NASDAQ:IEP - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The conglomerate reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.35. Icahn Enterprises had a negative net margin of 4.04% and a negative return on equity of 10.13%. The firm had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.40 billion.  Equities research analysts anticipate that  Icahn Enterprises L.P. will post -0.55 earnings per share for the current year. </p><h2>Icahn Enterprises Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, November 17th were issued a $0.50 dividend. The ex-dividend date was Monday, November 17th. This represents a $2.00 annualized dividend and a yield of 26.3%. Icahn Enterprises's dividend payout ratio (DPR) is currently -253.16%. </p><h2>Institutional Trading of Icahn Enterprises</h2><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Icahn Carl C raised its stake in shares of  Icahn Enterprises by 4.9% during the third quarter. Icahn Carl C now owns 518,932,944 shares of the conglomerate's stock worth $4,369,415,000 after buying an additional 24,149,325 shares during the last quarter.  First Trust Advisors LP raised its position in shares of  Icahn Enterprises by 22.1% during the 2nd quarter. First Trust Advisors LP now owns 884,514 shares of the conglomerate's stock valued at $7,116,000 after acquiring an additional 160,183 shares during the last quarter.  International Assets Investment Management LLC acquired a new position in shares of  Icahn Enterprises in the 2nd quarter valued at $1,382,000.  UBS Group AG boosted its position in shares of  Icahn Enterprises by 9.9% in the 3rd quarter. UBS Group AG now owns 119,509 shares of the conglomerate's stock worth $1,006,000 after purchasing an additional 10,786 shares during the last quarter.  Finally, Raymond James Financial Inc. grew its stake in shares of  Icahn Enterprises by 5.4% during the third quarter. Raymond James Financial Inc. now owns 113,712 shares of the conglomerate's stock worth $957,000 after purchasing an additional 5,848 shares during the period. 87.09% of the stock is owned by institutional investors. </p><h2>About Icahn Enterprises</h2> (Get Free Report)<p>Icahn Enterprises L.P. <span>NASDAQ: IEP<span></span></span> is a diversified holding company based in New York City.  Controlled by veteran investor Carl C. Icahn, the partnership makes strategic investments and owns wholly or partially controlled subsidiaries across a broad range of industries.  With a flexible capital structure, Icahn Enterprises seeks to generate long-term value through active ownership, asset optimization and operational improvements.  </p><p>The company reports its activities through five principal business segments.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Icahn Enterprises</li><li>With a $7 Valuation, NNVC Could Disrupt the Biotech Space in 2026</li><li>BNZI Posts Record Q3 Revenue – See What’s Driving It.</li><li>Do you know what Amazon is planning for January 1?</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li><li>[How To] Claim Your Pre-IPO Stake In SpaceX!</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Icahn Enterprises Right Now?</h2><p>Before you consider Icahn Enterprises, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Icahn Enterprises wasn't on the list.</p><p>While Icahn Enterprises currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Icahn Enterprises (NASDAQ:IEP) shares rose 3.1% during mid-day trading, reaching $7.60. Despite the rise, trading volume was down 20% from the average. Analysts have mixed ratings, with a recent upgrade from "hold" to "buy" by Wall Street Zen. The company reported better-than-expected earnings last quarter but has a negative net margin and return on equity. Institutional investors hold 87.09% of the stock. Icahn Enterprises declared a $0.50 quarterly dividend, yielding 26.3% annually.</p>

Icahn Enterprises (NASDAQ:IEP) Stock Price Up 3.1% - Should You Buy?