Magellan Midstream Partners L.P. Limited Partnership (MMP): Price and Financial Metrics


Magellan Midstream Partners L.P. Limited Partnership (MMP): $49.79

0.71 (+1.45%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MMP POWR Grades


  • MMP scores best on the Quality dimension, with a Quality rank ahead of 85.35% of US stocks.
  • The strongest trend for MMP is in Momentum, which has been heading up over the past 206 days.
  • MMP ranks lowest in Sentiment; there it ranks in the 16th percentile.

MMP Stock Summary

  • With a market capitalization of $10,835,915,158, Magellan Midstream Partners LP has a greater market value than 82.53% of US stocks.
  • The ratio of debt to operating expenses for Magellan Midstream Partners LP is higher than it is for about 93.08% of US stocks.
  • The volatility of Magellan Midstream Partners LP's share price is greater than that of just 16.93% US stocks with at least 200 days of trading history.
  • Stocks that are quantitatively similar to MMP, based on their financial statements, market capitalization, and price volatility, are WES, BRX, LSI, OHI, and STOR.
  • Visit MMP's SEC page to see the company's official filings. To visit the company's web site, go to www.magellanlp.com.

MMP Price Target

For more insight on analysts targets of MMP, see our MMP price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $49.60 Average Broker Recommendation 1.57 (Moderate Buy)

MMP Stock Price Chart Interactive Chart >

Price chart for MMP

MMP Price/Volume Stats

Current price $49.79 52-week high $49.98
Prev. close $49.08 52-week low $32.61
Day low $48.71 Volume 1,139,300
Day high $49.98 Avg. volume 1,556,944
50-day MA $45.70 Dividend yield 8.37%
200-day MA $41.80 Market Cap 11.12B

Magellan Midstream Partners L.P. Limited Partnership (MMP) Company Bio


Magellan Midstream Partners LP engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates in three segments: Refined Products, Crude Oil, and Marine Storage. The company was founded in 2000 and is based in Tulsa, Oklahoma.

MMP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$49.79$27.02 -44%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Magellan Midstream Partners LP. To summarize, we found that Magellan Midstream Partners LP ranked in the 41th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 43.5%. As for the metrics that stood out in our discounted cash flow analysis of Magellan Midstream Partners LP, consider:

  • Magellan Midstream Partners LP's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 6.29% of tickers in our DCF set.
  • The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 10.54% of stocks in its sector (Energy).


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-45%
1%-44%
2%-44%
3%-43%
4%-43%
5%-42%

Want more companies with a valuation profile/forecast similar to that of Magellan Midstream Partners LP? See CLR, EPSN, BOOM, TGA, and EOG.


MMP Latest News Stream


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Latest MMP News From Around the Web

Below are the latest news stories about Magellan Midstream Partners LP that investors may wish to consider to help them evaluate MMP as an investment opportunity.

4 Midstream Companies to Consider as Colonial Pipeline's Operations Resume

These oil stocks are fairly valued following surge in gas prices

Yahoo | May 13, 2021

Magellan Midstream to Participate in the 2021 EIC Investor Conference

Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, is scheduled to participate in a question and answer session about Magellan at the 2021 Investor Conference hosted by the Energy Infrastructure Council at 9:30 a.m. Pacific Time on Wednesday, May 19 in Las Vegas, Nevada.

Yahoo | May 13, 2021

How Safe is Magellan Midstream Partners -- and Its Distribution?

After a two-decade run, Magellan's distribution increase streak is likely to end this year. It's a sign that investors need to start worrying.

Yahoo | May 13, 2021

Magellan Midstream (MMP) Q1 Earnings and Sales Top Estimates

Magellan Midstream's (MMP) distributable cash flow (DCF) of $276.5 million in the first quarter drops 9.8% from the year-ago level.

Yahoo | May 7, 2021

3 High-Yield Stocks at Rock-Bottom Prices

Cheap stocks are hard to find, but there's one out-of-favor sector full of them. Here's a trio of low-priced and high-yield midstream names.

Yahoo | April 30, 2021

Read More 'MMP' Stories Here

MMP Price Returns

1-mo 11.94%
3-mo 21.78%
6-mo 24.15%
1-year 27.69%
3-year -9.23%
5-year -2.60%
YTD 22.86%
2020 -25.73%
2019 17.60%
2018 -14.90%
2017 -1.56%
2016 16.76%

MMP Dividends

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Continue Researching MMP

Here are a few links from around the web to help you further your research on Magellan Midstream Partners LP's stock as an investment opportunity:

Magellan Midstream Partners LP (MMP) Stock Price | Nasdaq
Magellan Midstream Partners LP (MMP) Stock Quote, History and News - Yahoo Finance
Magellan Midstream Partners LP (MMP) Stock Price and Basic Information | MarketWatch

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