SunCoke Energy (SXC) Set to Announce Quarterly Earnings on Wednesday

SunCoke Energy (NYSE:SXC) will be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings data on Thursday, February 1st. The energy company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. SunCoke Energy had a net margin of 2.79% and a return on equity of 8.99%. The business had revenue of $520.60 million during the quarter, compared to analysts’ expectations of $406.40 million. During the same quarter in the previous year, the company earned $0.14 EPS. The business’s revenue was up 1.3% on a year-over-year basis. On average, analysts expect SunCoke Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SunCoke Energy Price Performance

Shares of SunCoke Energy stock opened at $10.70 on Wednesday. SunCoke Energy has a twelve month low of $6.71 and a twelve month high of $11.48. The company has a quick ratio of 1.05, a current ratio of 1.86 and a debt-to-equity ratio of 0.76. The company has a 50-day simple moving average of $10.92 and a two-hundred day simple moving average of $10.28. The stock has a market capitalization of $899.55 million, a price-to-earnings ratio of 15.97 and a beta of 1.17.

SunCoke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.74%. The ex-dividend date was Wednesday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is 59.70%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of SunCoke Energy from a “buy” rating to a “strong-buy” rating in a report on Monday, February 5th.

Insider Buying and Selling at SunCoke Energy

In other SunCoke Energy news, CEO Michael G. Rippey sold 122,533 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $11.11, for a total value of $1,361,341.63. Following the transaction, the chief executive officer now directly owns 521,073 shares of the company’s stock, valued at approximately $5,789,121.03. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Michael G. Rippey sold 48,618 shares of SunCoke Energy stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $10.93, for a total transaction of $531,394.74. Following the sale, the chief executive officer now directly owns 763,409 shares of the company’s stock, valued at approximately $8,344,060.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael G. Rippey sold 122,533 shares of SunCoke Energy stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $11.11, for a total transaction of $1,361,341.63. Following the sale, the chief executive officer now directly owns 521,073 shares in the company, valued at $5,789,121.03. The disclosure for this sale can be found here. Insiders have sold a total of 251,572 shares of company stock valued at $2,781,834 in the last ninety days. 1.73% of the stock is currently owned by company insiders.

SunCoke Energy Company Profile

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.