CF Industries (CF) to Release Quarterly Earnings on Wednesday

CF Industries (NYSE:CF) is expected to release its earnings data after the market closes on Wednesday, February 19th. Analysts expect CF Industries to post earnings of $1.49 per share and revenue of $1.50 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

CF Industries Price Performance

NYSE:CF opened at $85.03 on Wednesday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. CF Industries has a 52 week low of $69.13 and a 52 week high of $98.25. The stock’s 50-day moving average price is $89.17 and its 200-day moving average price is $85.27. The stock has a market capitalization of $14.80 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s dividend payout ratio is presently 31.65%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $96.00 to $100.00 in a research report on Tuesday, January 21st. Scotiabank reissued a “sector underperform” rating and issued a $88.00 target price on shares of CF Industries in a research note on Friday, January 24th. Redburn Atlantic initiated coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target for the company. UBS Group lifted their price objective on CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Finally, Oppenheimer dropped their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $92.43.

Insider Activity at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the sale, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the sale, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,389 shares of company stock valued at $2,355,425 over the last three months. 0.42% of the stock is owned by corporate insiders.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.