CF Industries (CF) to Release Quarterly Earnings on Wednesday

CF Industries (NYSE:CFGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $1.58 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

CF Industries Price Performance

CF Industries stock opened at $78.86 on Tuesday. The company has a current ratio of 4.52, a quick ratio of 4.18 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $15.07 billion, a PE ratio of 7.34, a P/E/G ratio of 2.01 and a beta of 1.01. CF Industries has a 12 month low of $60.08 and a 12 month high of $89.61. The stock has a 50-day moving average price of $77.58 and a two-hundred day moving average price of $79.40.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Wednesday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.54%. This is a boost from CF Industries’s previous quarterly dividend of $0.40. CF Industries’s dividend payout ratio (DPR) is currently 14.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $95.00 to $83.00 in a research note on Wednesday, January 31st. Barclays raised CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price objective for the company in a research note on Friday, January 12th. Scotiabank cut CF Industries from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, November 6th. Wells Fargo & Company raised their price objective on CF Industries from $94.00 to $101.00 and gave the company an “overweight” rating in a research note on Monday, October 23rd. Finally, Royal Bank of Canada raised their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $90.87.

Read Our Latest Analysis on CF Industries

Institutional Trading of CF Industries

A number of large investors have recently bought and sold shares of CF. Stifel Financial Corp grew its position in shares of CF Industries by 43.0% in the fourth quarter. Stifel Financial Corp now owns 42,156 shares of the basic materials company’s stock valued at $3,352,000 after purchasing an additional 12,680 shares in the last quarter. Public Sector Pension Investment Board grew its position in shares of CF Industries by 10.5% in the third quarter. Public Sector Pension Investment Board now owns 20,668 shares of the basic materials company’s stock valued at $1,772,000 after purchasing an additional 1,965 shares in the last quarter. Creative Planning grew its position in shares of CF Industries by 39.9% in the third quarter. Creative Planning now owns 18,910 shares of the basic materials company’s stock valued at $1,621,000 after purchasing an additional 5,398 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of CF Industries by 4.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 13,465 shares of the basic materials company’s stock valued at $1,154,000 after purchasing an additional 542 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its position in shares of CF Industries by 35.9% in the second quarter. CreativeOne Wealth LLC now owns 15,245 shares of the basic materials company’s stock valued at $1,058,000 after purchasing an additional 4,027 shares in the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

About CF Industries

(Get Free Report)

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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Earnings History for CF Industries (NYSE:CF)

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