CrossAmerica Partners (CAPL) to Release Earnings on Wednesday

CrossAmerica Partners (NYSE:CAPL) is projected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect CrossAmerica Partners to post earnings of $0.04 per share and revenue of $1.21 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

CrossAmerica Partners Stock Performance

CAPL stock opened at $22.71 on Wednesday. CrossAmerica Partners has a 52 week low of $18.43 and a 52 week high of $23.60. The firm’s fifty day moving average is $22.24 and its 200 day moving average is $21.16. The firm has a market cap of $864.12 million, a P/E ratio of 43.67 and a beta of 1.47.

CrossAmerica Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 3rd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend was Monday, February 3rd. CrossAmerica Partners’s dividend payout ratio is currently 403.85%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of CrossAmerica Partners from a “buy” rating to a “strong-buy” rating in a report on Friday, November 15th.

About CrossAmerica Partners

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.