CF Industries (CF) to Release Earnings on Wednesday

CF Industries (NYSE:CF) is projected 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. Persons that wish to register for the company’s earnings conference call can do so using this link.

CF Industries Price Performance

Shares of CF Industries stock opened at $82.45 on Tuesday. The firm has a market cap of $14.35 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. CF Industries has a twelve month low of $69.13 and a twelve month high of $98.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The firm’s 50-day simple moving average is $88.57 and its 200-day simple moving average is $85.44.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.43%. CF Industries’s payout ratio is 31.65%.

Insider Activity

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares in the company, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The sale 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 stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,389 shares of company stock worth $2,355,425 over the last quarter. Insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CF shares. Oppenheimer dropped their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Scotiabank reissued a “sector underperform” rating and set a $88.00 price objective on shares of CF Industries in a research report on Friday, January 24th. UBS Group increased their price objective on shares of CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Piper Sandler raised their target price on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. Finally, Barclays downgraded shares of CF Industries from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $96.00 to $100.00 in a research report on Tuesday, January 21st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $92.43.

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.