SunCoke Energy (NYSE:SXC) Releases Earnings Results, Beats Expectations By $0.04 EPS

SunCoke Energy (NYSE:SXCGet Free Report) issued its quarterly earnings results on Thursday. The energy company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04, Zacks reports. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%.

SunCoke Energy Trading Down 5.7 %

Shares of SunCoke Energy stock traded down $0.57 during trading hours on Thursday, reaching $9.39. The stock had a trading volume of 463,612 shares, compared to its average volume of 825,968. 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 1 year low of $7.47 and a 1 year high of $12.82. The firm has a market capitalization of $789.61 million, a price-to-earnings ratio of 9.38 and a beta of 1.08. The firm has a 50 day simple moving average of $11.14 and a two-hundred day simple moving average of $10.04.

SunCoke Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.11%. SunCoke Energy’s dividend payout ratio is presently 48.00%.

Analysts Set New Price Targets

SXC has been the subject of a number of recent research reports. Benchmark reiterated a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a report on Tuesday, November 5th. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

View Our Latest Stock Report on SunCoke Energy

About SunCoke Energy

(Get Free Report)

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.

Further Reading

Earnings History for SunCoke Energy (NYSE:SXC)

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