Star Group (NYSE:SGU) Posts Earnings Results

Star Group (NYSE:SGU) issued its quarterly earnings data on Wednesday. The pipeline company reported $0.79 EPS for the quarter, Zacks reports. Star Group had a net margin of 1.99% and a return on equity of 12.01%.

Star Group Stock Performance

Shares of SGU stock traded down $0.16 during midday trading on Friday, hitting $12.27. 5,730 shares of the company were exchanged, compared to its average volume of 33,216. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.64 and a current ratio of 0.75. The firm has a market capitalization of $424.16 million, a P/E ratio of 21.71 and a beta of 0.48. Star Group has a 52 week low of $9.64 and a 52 week high of $12.99. The firm’s 50 day moving average price is $11.71 and its two-hundred day moving average price is $11.65.

Star Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, January 27th were issued a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a dividend yield of 5.63%. The ex-dividend date was Monday, January 27th. Star Group’s payout ratio is 121.05%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Star Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 6th.

Star Group Company Profile

Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis.