What is B. Riley’s Estimate for SunCoke Energy Q4 Earnings?

SunCoke Energy, Inc. (NYSE:SXC) – Stock analysts at B. Riley upped their Q4 2024 earnings per share (EPS) estimates for 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 per share of $0.30 for the quarter, up from their previous forecast 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) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The company had revenue of $490.10 million during the quarter, compared to analyst estimates of $412.70 million. During the same quarter in the previous year, the firm posted $0.08 EPS. The firm’s quarterly revenue was down 5.8% on a year-over-year basis.

Other analysts have also issued reports about the stock. Benchmark reissued a “buy” rating and set a $13.00 target price on shares of SunCoke Energy in a research note on Tuesday. StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

SunCoke Energy Price Performance

Shares of NYSE SXC opened at $12.33 on Friday. The firm has a 50-day moving average of $8.72 and a two-hundred day moving average of $9.54. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 12.33 and a beta of 1.02. 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 twelve month low of $7.47 and a twelve month high of $12.50.

SunCoke Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Thursday, November 14th. SunCoke Energy’s dividend payout ratio is currently 48.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. ProShare Advisors LLC increased its stake in shares of SunCoke Energy by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 16,856 shares of the energy company’s stock worth $190,000 after purchasing an additional 1,158 shares during the last quarter. SummerHaven Investment Management LLC increased its position in SunCoke Energy by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 92,532 shares of the energy company’s stock worth $907,000 after buying an additional 1,464 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of SunCoke Energy by 1.9% during the 3rd quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company’s stock worth $950,000 after acquiring an additional 2,054 shares in the last quarter. Federated Hermes Inc. increased its holdings 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 valued at $8,043,000 after acquiring an additional 2,335 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in shares of SunCoke Energy by 2.6% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 90.45% of the company’s stock.

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.