SunCoke Energy (SXC) to Release Earnings on Wednesday

SunCoke Energy (NYSE:SXC) is set to announce its earnings results before the market opens on Wednesday, May 1st. Analysts expect SunCoke Energy to post earnings of $0.22 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings results on Thursday, February 1st. The energy company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The company had revenue of $520.60 million for the quarter, compared to analyst estimates of $406.40 million. SunCoke Energy had a return on equity of 8.99% and a net margin of 2.79%. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 earnings per share. 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 Stock Up 0.1 %

NYSE:SXC opened at $10.58 on Tuesday. The company has a market cap of $889.46 million, a PE ratio of 15.79 and a beta of 1.17. The stock has a 50-day simple moving average of $10.88 and a 200 day simple moving average of $10.29. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.05 and a current ratio of 1.86. SunCoke Energy has a 52-week low of $6.71 and a 52-week high of $11.48.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 3.78%. SunCoke Energy’s dividend payout ratio is currently 59.70%.

Insider Buying and Selling

In other news, CEO Michael G. Rippey sold 78,714 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $11.06, for a total value of $870,576.84. Following the completion of the sale, the chief executive officer now owns 342,359 shares of the company’s stock, valued at approximately $3,786,490.54. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Michael G. Rippey sold 78,714 shares of SunCoke Energy stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $11.06, for a total transaction of $870,576.84. Following the completion of the sale, the chief executive officer now owns 342,359 shares of the company’s stock, valued at approximately $3,786,490.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael G. Rippey sold 48,618 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $10.93, for a total value of $531,394.74. Following the sale, the chief executive officer now owns 763,409 shares of the company’s stock, valued at approximately $8,344,060.37. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 251,572 shares of company stock worth $2,781,834. Corporate insiders own 1.73% of the company’s stock.

Analyst Ratings Changes

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

About SunCoke Energy

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.