CF Industries (NYSE:CF – Get Free Report) issued its quarterly earnings data on Wednesday. The basic materials company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.50, Briefing.com reports. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.52 billion. CF Industries had a net margin of 19.03% and a return on equity of 14.08%. CF Industries’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same period last year, the firm posted $2.70 EPS.
CF Industries Trading Up 0.3 %
Shares of CF stock traded up $0.24 on Friday, reaching $79.77. 1,554,091 shares of the company’s stock were exchanged, compared to its average volume of 2,275,662. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37. The company’s fifty day simple moving average is $73.94 and its 200 day simple moving average is $77.47. The stock has a market capitalization of $14.58 billion, a PE ratio of 13.25, a P/E/G ratio of 2.44 and a beta of 0.95. CF Industries has a 52 week low of $69.13 and a 52 week high of $87.90.
CF Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.51%. The ex-dividend date is Thursday, August 15th. CF Industries’s payout ratio is 33.22%.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on CF Industries
About CF Industries
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.
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