How to Buy Icahn Enterprises Stock
Icahn Enterprises LP
Icahn Enterprises L. P. , through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally.
Icahn Enterprises stock last closed at $16.89, down 0.71% from the previous day, and has decreased 67.77% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.85 percentage points. Icahn Enterprises stock is currently +12.6% from its 52-week low of $15.00, and -67.58% from its 52-week high of $52.10.
As of Apr 18, 2024, there are 429.03M IEP shares outstanding. The market capitalization of IEP is $7.25B. In the past 24 hours, 368,028 IEP shares were traded.
How to Buy Icahn Enterprises Stock
Wondering how to invest in Icahn Enterprises stock? Here's how.
- Choose where to buy Icahn Enterprises stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Icahn Enterprises stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your info.
- Analyze Icahn Enterprises stock: The Icahn Enterprises ticker symbol is IEP. Is Icahn Enterprises stock a good investment? Should you buy shares of IEP? How do IEP's underlying business fundamentals look? Do top analysts think Icahn Enterprises is a good buy? Why has IEP's stock price moved recently? (Hint: Our stock market research website can help you evaluate if IEP is a good stock to buy).
- Make your IEP purchase: Decide if you will purchase IEP shares at the current market price or use a limit order to purchase IEP stock at a specific price.
- Get the latest news on your investment in IEP: Create a watchlist to keep track of your new investment in Icahn Enterprises shares.
Step 1: Choose where to buy Icahn Enterprises stock
You need a brokerage account to access the NASDAQ market and buy IEP shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can invest in IEP stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on a mobile trading app, you need to deposit funds:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Analyze Icahn Enterprises stock
Once you have decided on the best place to buy Icahn Enterprises stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Icahn Enterprises Numbers
Icahn Enterprises Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on IEP's stock page.
Is IEP stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge IEP's intrinsic value.
Using relative valuations methods:
- IEP could be overvalued based on its P/B ratio of 2.26x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.18x
You can access more valuation research on IEP's stock here.
Is IEP a healthy company?
Positive Financial Indicators:
- IEP's operating cash flow of $3.74B allows it to safely service it's debt of $10.68B.
Negative Financial Indicators:
- IEP earnings of -$40.00M is not enough to cover its interest payments.
- IEP has a relatively high debt to equity ratio of 4.61.
- Total IEP debt is higher than 5 years ago, relative to shareholder equity.
- IEP profit margin has gone down from -1.3% to -6.2% in the past year.
You can dig deeper into what analysts are forecasting on the Icahn Enterprises stock forecast page.
IEP Momentum
IEP Performance Metrics
Last year, IEP revenue was $10.85B. Over the last five year, IEP's revenue has grown by -1.63% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 7.36%.
You can analyze IEP's earnings and revenue performance here.
Latest Insiders Trades at IEP
In the last 12 months, executives and large shareholders at IEP have bought more shares than they have sold.
Carl C. Icahn, Director of IEP, was the latest IEP insider to buy. They bought $280,820,735.08 worth of IEP stock on Dec 27, 2023.
Get more info about who owns IEP shares here.
Can I rely on IEP as an income stream?
Icahn Enterprises pays a dividend of 29.6%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.65%. If you owned $1,000 of IEP stock, you would have been paid $296.03 last year.
Icahn Enterprises dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more data about Icahn Enterprises dividend yield and history here.
What do other traders have to say about IEP?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your IEP purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in IEP
Now that you own some IEP stock, you'll want to keep up with your shares.
Start a watchlist to monitor your IEP stock.
IEP Feed
How to Buy Stock in Icahn Enterprises
To summarize, here are the 6 steps to buy Icahn Enterprises stock:
- Choose where to buy Icahn Enterprises stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Icahn Enterprises stock
- Make your IEP purchase
- Get the latest news on your investment in IEP
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Icahn Enterprises, get started below.
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