Profile
Sector:
IndustrialsIndustry:
ConglomeratesCountry:
United StatesIPO:
10 April 2012Website:
http://www.steelpartners.comNext earnings report:
08 November 2024Last dividends:
29 December 2016Next dividends:
N/APrice
regular market | Fri, 01 Nov 2024 13:30:00 GMTDividend
Analysts recommendations
Institutional Ownership
SPLP Latest News
Higher contributions from the Diversified Industrial segment aid Steel Partners' (SPLP) earnings in Q2.
Steel Partners Holdings (SPLP) Preferred “A” shares (SPLP-A) currently offers a 10.4% yield to maturity with a relatively short maturity date of 2/7/2026. SPLP is a big cash flow generator that easily covers its preferred stock dividend as well as its interest expense. SPLP owns several businesses in different sectors so sector risk is minimal. This diversification adds a lot of safety to a company that is already making large profits.
Steel Partners Holdings L.P. offers a diversified business model and is undervalued compared to similar companies in the sector. SPLP operates in various industries, including industrial products, energy, defense, supply chain management, logistics, banking, and youth sports. The company's term preferred stock offers a generous yield and provides a unique long-term avenue for investors to generate income.
What type of business is Steel Partners Holdings LP?
Steel Partners Holdings L.P., together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, Financial Services, and Supply Chain segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications. It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, and gears and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, as well as for electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries. Further, it manufactures and distributes coated, laminated and metallized films for imaging, aerospace, insulation and solar photo-voltaic markets; originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers drilling and production services to the oil and gas industry. Steel Partners Holdings GP Inc. serves as the general partner of the company. The company was founded in 1990 and is based in New York, New York.
What sector is Steel Partners Holdings LP in?
Steel Partners Holdings LP is in the Industrials sector
What industry is Steel Partners Holdings LP in?
Steel Partners Holdings LP is in the Conglomerates industry
What country is Steel Partners Holdings LP from?
Steel Partners Holdings LP is headquartered in United States
When did Steel Partners Holdings LP go public?
Steel Partners Holdings LP initial public offering (IPO) was on 10 April 2012
What is Steel Partners Holdings LP website?
https://www.steelpartners.com
Is Steel Partners Holdings LP in the S&P 500?
No, Steel Partners Holdings LP is not included in the S&P 500 index
Is Steel Partners Holdings LP in the NASDAQ 100?
No, Steel Partners Holdings LP is not included in the NASDAQ 100 index
Is Steel Partners Holdings LP in the Dow Jones?
No, Steel Partners Holdings LP is not included in the Dow Jones index
When was Steel Partners Holdings LP the previous earnings report?
No data
When does Steel Partners Holdings LP earnings report?
The next expected earnings date for Steel Partners Holdings LP is 08 November 2024