Andersons (ANDE) to Release Quarterly Earnings on Tuesday

Andersons (NASDAQ:ANDE - Get Free Report) is expected to be announcing its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $2.72 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Andersons Price Performance

Shares of ANDE traded down $0.25 during mid-day trading on Friday, reaching $40.55. 229,502 shares of the company's stock were exchanged, compared to its average volume of 242,873. The company has a quick ratio of 1.23, a current ratio of 1.98 and a debt-to-equity ratio of 0.36. The company has a 50-day simple moving average of $42.02 and a two-hundred day simple moving average of $46.22. Andersons has a 52-week low of $39.25 and a 52-week high of $61.46. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 11.59 and a beta of 0.58.

Andersons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.195 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.92%. Andersons's dividend payout ratio (DPR) is 22.29%.

Analyst Ratings Changes

A number of analysts recently issued reports on ANDE shares. StockNews.com upgraded shares of Andersons from a "hold" rating to a "buy" rating in a research report on Wednesday. Stephens restated an "overweight" rating and set a $60.00 target price on shares of Andersons in a research report on Thursday, January 2nd.

Insider Buying and Selling

In other Andersons news, insider Joseph E. Mcneely sold 2,382 shares of Andersons stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $47.73, for a total value of $113,692.86. Following the transaction, the insider now owns 49,601 shares in the company, valued at $2,367,455.73. This trade represents a 4.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.10% of the stock is owned by company insiders.

About Andersons

The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.