Analysts Anticipate CF Industries (CF) Will Post Earnings of $0.33 Per Share

Equities research analysts expect CF Industries (NYSE:CF) to report earnings of $0.33 per share for the current quarter, according to Zacks. Two analysts have made estimates for CF Industries’ earnings. The lowest EPS estimate is $0.26 and the highest is $0.36. CF Industries reported earnings per share of $0.10 in the same quarter last year, which would indicate a positive year over year growth rate of 230%. The company is scheduled to report its next quarterly earnings results on Wednesday, August 1st.

On average, analysts expect that CF Industries will report full-year earnings of $0.89 per share for the current fiscal year, with EPS estimates ranging from $0.65 to $1.27. For the next financial year, analysts expect that the firm will post earnings of $1.60 per share, with EPS estimates ranging from $1.16 to $2.22. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover CF Industries.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, May 2nd. The basic materials company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.17 by $0.10. CF Industries had a net margin of 10.96% and a negative return on equity of 0.11%. The company had revenue of $957.00 million for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the firm earned $0.05 earnings per share. The firm’s revenue for the quarter was down 7.7% on a year-over-year basis.

CF has been the topic of several analyst reports. Credit Suisse Group set a $40.00 target price on shares of CF Industries and gave the stock a “hold” rating in a research note on Tuesday, January 16th. Zacks Investment Research raised shares of CF Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, February 7th. Royal Bank of Canada set a $37.00 price target on shares of CF Industries and gave the company a “sell” rating in a report on Thursday, February 15th. Scotiabank set a $35.00 price target on shares of CF Industries and gave the company a “hold” rating in a report on Thursday, February 15th. Finally, Piper Jaffray set a $44.00 price target on shares of CF Industries and gave the company a “hold” rating in a report on Thursday, February 15th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $39.71.

Shares of NYSE CF opened at $41.74 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.01 and a current ratio of 2.65. CF Industries has a 52 week low of $40.49 and a 52 week high of $42.02.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 31st. Stockholders of record on Tuesday, May 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Monday, May 14th. CF Industries’s dividend payout ratio (DPR) is presently -480.00%.

In other news, VP Adam L. Hall sold 15,540 shares of the business’s stock in a transaction on Monday, May 14th. The shares were sold at an average price of $40.53, for a total transaction of $629,836.20. Following the sale, the vice president now owns 39,566 shares in the company, valued at approximately $1,603,609.98. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Millennium Management LLC boosted its holdings in shares of CF Industries by 864.9% during the 1st quarter. Millennium Management LLC now owns 805,199 shares of the basic materials company’s stock valued at $30,380,000 after buying an additional 721,746 shares in the last quarter. Amundi Pioneer Asset Management Inc. boosted its stake in CF Industries by 32.8% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 330,756 shares of the basic materials company’s stock worth $12,479,000 after purchasing an additional 81,621 shares in the last quarter. Earnest Partners LLC boosted its stake in CF Industries by 27.0% in the 1st quarter. Earnest Partners LLC now owns 166,975 shares of the basic materials company’s stock worth $6,300,000 after purchasing an additional 35,526 shares in the last quarter. LPL Financial LLC boosted its stake in CF Industries by 18.0% in the 1st quarter. LPL Financial LLC now owns 11,570 shares of the basic materials company’s stock worth $437,000 after purchasing an additional 1,761 shares in the last quarter. Finally, United Capital Financial Advisers LLC boosted its stake in CF Industries by 337.8% in the 1st quarter. United Capital Financial Advisers LLC now owns 150,945 shares of the basic materials company’s stock worth $5,508,000 after purchasing an additional 116,468 shares in the last quarter.

About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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