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I like how the chart looks and IEP could jump to $15.40 area real fast.
Zilla, yes tomorrow IEP will pay $1.00 per share which equals 31% which is too high but only because shorts have destroyed the pps. So if at 3rd quarter earning IEP cuts the dividend it would help reduce debt which is good. LOOKING FORWARD IEP= https://finviz.com/quote.ashx?t=IEP&ty=c&ta=1&p=d
looks good with positive earnings and vary nice EPS going forward so any dividend cut could be short as Icahn likes his DIV and the majority comes from the dividends his companies pays out.
I do feel IEP is strong buy and should be in $20 by next year or before.
IEP has been oversold and should bounce back soon - IMO. They are scheduled to pay the $1.00 per share dividend on Sept. 25th
Their 3rd quarter earning around Oct 31 will be important but expected forecast is a positive .21, which should be good to keep dividend.
I feel we will hit the low today and great time to buy / add more for long term.
Icahn-owned oil refiner CVR bidding in Citgo share auction, sources say: https://finance.yahoo.com/news/exclusive-icahn-owned-oil-refiner-172836522.html
Today is dividend day $1.00 per share which will get posted after hour today. IEP having a great day today up .90 now
IEP looks like good buy going forward today at $16.22 Seems to have hit the low, good forward P&E 17, also great expected earnings going forward, next dividend pay day June 25 coming soon $1.00 = 24.72%
It is time too burn the shorts and buy now IMO!
earning improving and continues to pay $1.00 Div. should continue to go up, IMO
Icahn Enterprises L.P. (IEP) posted a net loss of $38 million, or a loss of $0.09 per depositary unit for the three months ended March 31, 2024 compared to a net loss of $270 million, or a loss of $0.75 per depositary unit, prior year.
For the three months ended March 31, 2024, revenues were $2.5 billion compared to $2.7 billion, a year ago.
On May 6, 2024, the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $1.00 per depositary unit, which will be paid on or about June 25, 2024, to depositary unitholders of record at the close of business on May 20, 2024.
Top Dividend stocks to buy now!
in this article = https://www.insidermonkey.com/blog/10-dividend-stocks-with-over-9-yield-according-to-analysts-1289046/
8. Icahn Enterprises LP Common Stock (NASDAQ:IEP)
Average Analyst Price Estimate: $25
Upside Potential: 44%
Billionaire Carl Icahn-led conglomerate Icahn Enterprises LP Common Stock (NASDAQ:IEP) is one of the dividend stocks with 9% yield that has high upside potential based on analyst price estimates. Wall Street analysts expect the stock to reach $25, while it was trading at around $17 as of April 14. The company talked about dividends and other important business matters in an earnings call in February:
“CVI declared a fourth quarter cash dividend of $0.50 per share. And now to our Automotive segment. As we previously discussed, the segment has undergone significant change due to the deconsolidation of Auto Plus in January of 2023. The segment results throughout 2023 are made up primarily of automotive service operations as compared to 2022, which also included the aftermarket parts operations of Auto Plus.
Q4 2023 automotive service revenues were down $15 million compared to Q4 2022, driven by store closures and lower car count. Adjusted EBITDA was $28 million for the quarter, a $71 million improvement as compared to Q4 2022, mainly due to the exit of the Auto Plus aftermarket parts business. Now, turning to our Real Estate segment. Q4 2023 net sales and other revenues increased by $8 million and adjusted EBITDA increased by $3 million compared to the prior year quarter, primarily driven by the sale of single family homes. Now on to our Other Operating segments. Food packaging’s adjusted EBITDA was flat for Q4 2023 as compared to the prior year quarter. The quarter-over-quarter comparison was positively impacted by pricing initiatives and lower distribution cost, which was offset by lower sales volume.”
IEP has weekly options so today is the weekly expiration day. It looks like again the MM will pin the closing price ether just above or below $17.00 depending on which side they own the most options. My guess is it will close ether at or just above $17.00 so don't expect a big move today. Long term I like it! Anyone that held IEP on March 10 will receive $1.00 per share dividend on April 18th. It also looks like IEP has shed many losing stocks in 2023 and has moved into many that should go up in 2024
Chart shows it's still dropping.
Zilla, I have been accumulating IEP through STO-sell to open PUTS. I look at Bollinger bands and support zones and look out at a option expiration date that falls right before my expected X-DIV. date. I can collect a nice premium which I keep if the pps closes above my strike price.
On Friday I had lots of $17.50 but was only assigned about half as the pps was close $17.47 but I collected about $1.25 per share in premium. I am now looking out at April 26 option expiration and may look at the 19 or 20 strike price to collect big premium and if assigned collect div in the next month. IMO long term IEP should go up
A week later and we're in the same place. lol 17.50's Looks like a 17-18ish range until news then either direction is possible. Could also trade down if the market corrects but I've got no clue. Markets like to go up in election years... Been jumping in and out of this and others as they fall into patterns. Always good to have dry powder just in case. 
4 High-Yield Dividend Stocks Wall Street Thinks Will Soar 45% or More in 2024
Icahn Enterprises LP
Icahn Enterprises LP (NASDAQ: IEP) bears the name of its famous founder, Carl Icahn. The Florida-based holding company operates businesses in a wide range of industries, including automotive, energy, investments, and real estate. Its dividend yield stands at a jaw-dropping 22.3%.
Last year, Icahn Enterprises slashed its dividend in half. The move didn't negatively impact its yield very much because the company's share price nosedived. Over the last 12 months, Icahn Enterprises stock has plummeted 65%.
The lone analyst surveyed by LSEG who set a price target for Icahn Enterprises, however, is looking for brighter days ahead. That target is 45% above the current share price. Although that isn't enough to enable Icahn Enterprises to regain its losses over the past year, it's nonetheless a big jump -- if the stock can climb as much as the analyst projects.
Wrong, the big drop was from the upper-50s as a result of Hindenburg's report.
Thanks FreeFNMA about those Float calculations, which I do feel are more accurate. I have been rapidly accumulating IEP since their big drop from the $30 to current $17.80 mostly thorough STO PUTS working my strike date to be close/before to X-Div date to collect nice premium and if assigned collect nice dividend.
I feel 2024 should be turn around year and we should see IEP move higher into $20 plus
If you look here = https://finviz.com/quote.ashx?t=IEP&ty=c&ta=1&p=d
you see someone is not reporting correct float so not sure where you got that 42M float from.
What I am looking at is the expected earnings for 2024 should perform vary good compared to the 2023 earnings.
I feel IEP will perform good in the next year.
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