SunCoke Energy, Inc. (NYSE:SXC - Get Free Report) declared a quarterly dividend on Thursday, October 31st, Zacks reports. Investors of record on Thursday, November 14th will be paid a dividend of 0.12 per share by the energy company on Monday, December 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date is Thursday, November 14th.
SunCoke Energy has increased its dividend payment by an average of 14.5% annually over the last three years. SunCoke Energy has a dividend payout ratio of 68.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect SunCoke Energy to earn $0.59 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 81.4%.
Shares of NYSE:SXC opened at $10.32 on Friday. The company's 50 day simple moving average is $8.45 and its 200 day simple moving average is $9.52. The stock has a market capitalization of $867.39 million, a price-to-earnings ratio of 14.33 and a beta of 1.04. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.22 and a quick ratio of 1.19. SunCoke Energy has a 1 year low of $7.47 and a 1 year high of $11.85.
SunCoke Energy (NYSE:SXC - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.13. The company had revenue of $490.10 million for the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a net margin of 3.11% and a return on equity of 9.56%. The firm's quarterly revenue was down 5.8% compared to the same quarter last year. During the same period last year, the company posted $0.08 EPS. As a group, research analysts predict that SunCoke Energy will post 0.94 EPS for the current fiscal year.
Separately, StockNews.com upgraded shares of SunCoke Energy from a "hold" rating to a "buy" rating in a report on Wednesday, October 16th.
Check Out Our Latest Analysis on 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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider SunCoke Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SunCoke Energy wasn't on the list.
While SunCoke Energy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.