Icahn Enterprises stock is battling several difficult challenges. Will it succeed?It's easy to hate on Icahn Enterprises (IEP) stock these days. Over the past 12 months, shares have lost more than two-thirds of their value. Some investors believe a turnaround is just around the corner. Others believe the stock should be left for dead.Is Icahn Enterprises a buy, sell, or hold right now?Don't expect many dividendsThe first thing many investors notice about Icahn Enterprises stock is its 30% dividend yield. Fe ...

Very rarely can a single stock make you a millionaire. Icahn Enterprises (IEP 1.52%) is no exception. Investing in this stock should be part of a diversified approach focused on long-term results. But that doesn't mean shares can't provide meaningful upside to your investment portfolio, especially at today's depressed prices.In the past year, Icahn Enterprises stock has lost roughly two-thirds of its value. Many investors are taking a closer look, given the company is controlled by a well-respected investor ...

Dividends that provide a passive source of revenue for investors often seem great on the surface. Stocks with high yields can sometimes indicate a company’s instability or solely serve the purpose of attracting investors without offering sustainable returns.The three stocks we’ll introduce in this article have very high dividends but shaky financials and past troubles with cuts. Investors should be aware of the real picture behind the attractive dividend rates that these companies proclaim.To better underst ...

Carl Icahn is one of the top activist investors in the world. Icahn is a legend in the investing world for his ability to identify undervalued companies and push for changes in management or strategy that can help make those companies more valuable.Icahn has 57% of his investment portfolio invested in a single stock: Icahn Enterprises (IEP 0.75%). The stock offers an impressive dividend yield nearing 29% but has faced significant scrutiny over the past year. As a result, its price has fallen 66% since May 2 ...

Icahn Enterprises (IEP 0.25%) is majority owned and operated by one of the most famous investors in recent history, Carl Icahn. The Icahn family owns roughly 85% of the company's shares.Founded in 1987, Icahn Enterprises has provided shareholders with a wild ride. Some years, shares doubled, tripled, or even quadrupled in value. In other years, the stock plummeted in value.Right now, is Icahn Enterprises a buy, sell, or hold? Pay attention to this numberIcahn Enterprises has a few things in common with Berk ...

($209) ($387) ($1,165) ($23) Adjusted EBITDA(3) (246) (444) (1,353) (223) 55 73 508 304 • Nitrogen Fertilizer Q4 2023 Results • Automotive Services (1) Refer to the Non-GAAP Reconciliations in the Appendix 8 • Q4 2023 Adjusted EBITDA attributable to IEP for all other segments was $16 million compared to $6 million for Q4 2022 Energy Segment EBITDA Reconciliations for Petroleum and Nitrogen Fertilizer 1 | --- | --- | --- | |------------------|------------------------------------------|-------| | ($Millions) ...

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 packagingÂ'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 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to (Exact Name of Registrant as Specified in Its Charter) (Address of Principal Executive Offices) (Zip Code) (Telephone Number) (State or Other Jur ...

Exhibit 99.1 Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Fourth Quarter and Full Year 2023 Financial Results Sunny Isles Beach, Fla, February 28, 2024 – · Our cash position was $2.7 billion across the Holding Company and Investment segments as of Year End 2023 As Chairman Carl C. Icahn has previously stated: "I have come to believe that activism, on a risk reward basis, is the best investment paradigm that exists. While this method of investing certainly is somewhat volatile, over the long term ...

Neilson Barnard In our last coverage of Icahn Enterprises L.P. (NASDAQ:IEP), we pointed out that the distribution was nowhere near safe, despite the large initial cut. We expected another one within a year and felt the risks were materially skewed to the downside. Investors have put those warnings on snooze and the stock is flat since then, providing a nice, albeit market-lagging, total return. Seeking Alpha With an estimated NAV out from the company and immediate refinancing risks behind it, we updat ...