SunCoke Energy, Inc. (NYSE:SXC - Free Report) - Equities researchers at B. Riley boosted their Q4 2024 EPS estimates for shares of SunCoke Energy in a note issued to investors on Thursday, November 7th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings of $0.30 per share for the quarter, up from their previous estimate of $0.23. The consensus estimate for SunCoke Energy's current full-year earnings is $0.94 per share. B. Riley also issued estimates for SunCoke Energy's Q1 2025 earnings at $0.17 EPS, Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.17 EPS.
SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.14. The firm had revenue of $490.10 million for the quarter, compared to analyst estimates of $412.70 million. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The business's revenue for the quarter was down 5.8% on a year-over-year basis. During the same period last year, the firm posted $0.08 earnings per share.
SXC has been the topic of a number of other research reports. StockNews.com upgraded shares of SunCoke Energy from a "hold" rating to a "buy" rating in a report on Wednesday, October 16th. Benchmark reaffirmed a "buy" rating and set a $13.00 target price on shares of SunCoke Energy in a report on Tuesday.
Read Our Latest Stock Report on SunCoke Energy
SunCoke Energy Trading Up 1.7 %
SXC traded up $0.21 during trading on Friday, reaching $12.54. 1,068,159 shares of the company's stock were exchanged, compared to its average volume of 848,873. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. SunCoke Energy has a one year low of $7.47 and a one year high of $12.55. The firm has a fifty day moving average price of $8.80 and a two-hundred day moving average price of $9.55. The stock has a market capitalization of $1.05 billion, a PE ratio of 12.54 and a beta of 1.02.
Hedge Funds Weigh In On SunCoke Energy
A number of hedge funds have recently bought and sold shares of SXC. ProShare Advisors LLC increased its stake in SunCoke Energy by 7.4% in the first quarter. ProShare Advisors LLC now owns 16,856 shares of the energy company's stock valued at $190,000 after purchasing an additional 1,158 shares in the last quarter. SummerHaven Investment Management LLC grew its position in SunCoke Energy by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 92,532 shares of the energy company's stock worth $907,000 after purchasing an additional 1,464 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of SunCoke Energy by 1.9% in the third quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company's stock valued at $950,000 after acquiring an additional 2,054 shares in the last quarter. Federated Hermes Inc. raised its stake in shares of SunCoke Energy by 0.3% during the 2nd quarter. Federated Hermes Inc. now owns 820,731 shares of the energy company's stock worth $8,043,000 after purchasing an additional 2,335 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its stake in SunCoke Energy by 2.6% in the first quarter. Public Employees Retirement System of Ohio now owns 99,682 shares of the energy company's stock valued at $1,123,000 after acquiring an additional 2,539 shares during the last quarter. Institutional investors own 90.45% of the company's stock.
SunCoke Energy Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 3.83%. SunCoke Energy's payout ratio is 48.00%.
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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