SunCoke Energy (NYSE:SXC - Get Free Report) issued its quarterly earnings results on Thursday. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04, Zacks reports. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%.
SunCoke Energy Trading Down 2.6 %
SunCoke Energy stock traded down $0.26 during trading hours on Friday, reaching $9.39. 1,038,926 shares of the company's stock traded hands, compared to its average volume of 877,631. The firm has a market capitalization of $789.18 million, a price-to-earnings ratio of 9.39 and a beta of 1.08. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. SunCoke Energy has a fifty-two week low of $7.47 and a fifty-two week high of $12.82. The firm's 50 day moving average is $11.01 and its 200-day moving average is $10.03.
SunCoke Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.11%. SunCoke Energy's payout ratio is 48.00%.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on SXC shares. StockNews.com raised shares of SunCoke Energy from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th. Benchmark restated a "buy" rating and issued a $13.00 price objective on shares of SunCoke Energy in a research report on Tuesday, November 5th.
Check Out Our Latest Stock Analysis on SunCoke Energy
About SunCoke Energy
(
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SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.
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