CrossAmerica Partners (NYSE:CAPL – Get Free Report) posted its quarterly earnings data on Wednesday. The oil and gas company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.38, Zacks reports. CrossAmerica Partners had a negative return on equity of 104.40% and a net margin of 0.50%. The firm had revenue of $944.22 million for the quarter, compared to analysts’ expectations of $1.21 billion.
CrossAmerica Partners Stock Down 0.6 %
Shares of NYSE:CAPL traded down $0.15 during midday trading on Friday, hitting $22.81. The stock had a trading volume of 10,504 shares, compared to its average volume of 38,818. The company’s 50-day moving average price is $22.39 and its 200-day moving average price is $21.31. CrossAmerica Partners has a fifty-two week low of $18.43 and a fifty-two week high of $23.60. The company has a market capitalization of $867.89 million, a P/E ratio of 43.99 and a beta of 1.47.
CrossAmerica Partners Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 3rd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 9.21%. The ex-dividend date was Monday, February 3rd. CrossAmerica Partners’s dividend payout ratio is currently 403.85%.
Analyst Upgrades and Downgrades
View Our Latest Report on CrossAmerica Partners
CrossAmerica Partners Company Profile
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.
See Also
- Five stocks we like better than CrossAmerica Partners
- How to Invest in the FAANG Stocks
- 5 Best Gold ETFs for March to Curb Recession Fears
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
- Investing In Preferred Stock vs. Common Stock
- Why Smart Investors Are Watching These 3 Undervalued Stocks
Receive News & Ratings for CrossAmerica Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrossAmerica Partners and related companies with MarketBeat.com's FREE daily email newsletter.
