So, you’re looking up the sph stock price today.
I’ve been there—staring at a screen, wondering why the numbers don't match the company you thought you were following. If you’re a Singapore-based investor or someone who used to track the old media giant Singapore Press Holdings, there’s a massive catch.
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The "SPH" you see trending on the NYSE right now isn't a newspaper publisher. It’s Suburban Propane Partners LP.
Honestly, the world of stock tickers is a bit of a mess.
What happened to the "Original" SPH?
If you were looking for the Singaporean conglomerate that owned The Straits Times, you’re about four years too late.
In a move that basically reshaped the Singaporean corporate landscape, Singapore Press Holdings was privatized and delisted in early 2022. It didn't just vanish, though. The media side became a non-profit (SPH Media Trust), and the rest—the juicy real estate and malls—was swallowed up by Cuscaden Peak (a consortium involving hotel tycoon Ong Beng Seng and units of Temasek).
If you still hold "SPH" units in a legacy portfolio, you likely now hold Paragon REIT (SGX: SK6U), which was formerly known as SPH REIT.
The Real SPH: Suburban Propane Partners Price Today
For those actually trading the SPH ticker on the New York Stock Exchange today, January 16, 2026, the story is very different.
Suburban Propane Partners (NYSE: SPH) is currently trading at $19.06.
It’s been a weird morning. The stock opened at $19.10, hit a high of $19.20, and then sorta drifted down about 0.5% as the lunch hour hit.
Why do people even buy this? Yield.
This company is a Master Limited Partnership (MLP). It distributes propane, fuel oil, and refined fuels to roughly a million customers across the U.S. It's not a "growth" play. Nobody buys Suburban Propane expecting it to become the next Nvidia. You buy it because it pays you to sit there.
Right now, the dividend yield is sitting at a beefy 6.82%. That’s the draw.
Breaking Down the Numbers
Let's look at the raw data for Suburban Propane Partners today:
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- Last Price: $19.06 (as of mid-day Jan 16, 2026)
- 52-Week Range: $17.31 – $22.24
- Market Cap: $1.26 Billion
- P/E Ratio: 11.7x
If you compare this to the broader utilities sector, an 11.7x P/E is actually pretty modest. Simply Wall St analysts recently pegged the "fair value" of SPH much higher—closer to $31—suggesting the market is undervaluing the cash flow here. But then again, propane is a weather-dependent business.
A warm winter? People don't turn on the heat. The stock price sags.
A brutal polar vortex? SPH suddenly looks like a genius investment.
The "Other" SPH: Paragon REIT (SGX: PARA / SK6U)
If you are one of the thousands of investors who ended up with REIT units after the Singapore Press Holdings breakup, you're looking at Paragon REIT.
Today, Paragon REIT is trading at SGD 0.98 on the Singapore Exchange.
It’s been remarkably stable. Over the last year, it has hovered between $0.87 and $0.99. Most investors treat it like a bond. It owns high-end assets like the Paragon mall on Orchard Road and The Clementi Mall.
- Yield: Around 4.01%
- Status: Stable, but facing high interest rate pressures like every other REIT in the world.
Why does this distinction matter?
I see people all the time on forums getting confused. They see a headline about "SPH Earnings" and think their Singaporean mall units are about to skyrocket, only to realize the news is about propane deliveries in New Jersey.
Always check the exchange code.
NYSE: SPH = Gas and Energy.
SGX: SK6U = Malls and Real Estate.
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What You Should Do Next
If you are looking at the sph stock price today for a quick trade, keep an eye on the $18.90 support level. It’s bounced off that twice in the last week.
For the long-term income seekers, the 6.8% yield on the US-based SPH is tempting, but remember that MLPs come with specific tax implications (K-1 forms). It’s not as simple as owning a regular share of Apple or Disney.
Actionable Steps:
- Verify your ticker: Ensure you aren't confusing the US energy partnership with the Singaporean REIT.
- Watch the weather: If you're betting on NYSE: SPH, your biggest competitor isn't another company; it's a mild winter forecast.
- Check the Ex-Dividend dates: Suburban Propane usually pays out in February, May, August, and November. Buying in now gets you on the list for the next distribution.
- Monitor interest rates: For the Singapore side (Paragon REIT), any signal from the Fed about cutting rates will likely send that $0.98 price toward the $1.05 mark.
The days of SPH being a media powerhouse are over. Today, it’s either a bet on American heating or a slice of Singapore’s luxury retail. Choose the right one for your wallet.