SunCoke Energy (NYSE:SXC – Get Free Report) posted its quarterly earnings results on Thursday. The energy company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07, Zacks reports. The firm had revenue of $475.30 million for the quarter, compared to analyst estimates of $445.20 million. SunCoke Energy had a negative net margin of 3.55% and a positive return on equity of 4.47%. SunCoke Energy’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 earnings per share.
Here are the key takeaways from SunCoke Energy’s conference call:
- Positive Sentiment: SunCoke reported second-quarter adjusted EBITDA of $69.6 million, up from $43.6 million year over year, and raised full-year 2026 consolidated adjusted EBITDA guidance to $250 million–$265 million.
- Positive Sentiment: Domestic coke performance benefited from improved coal-to-coke yields, while the Middletown turbine returned to service in May. Management raised full-year domestic coke adjusted EBITDA guidance to $172 million–$178 million, supported by a full second-half contribution from power generation and expected insurance proceeds.
- Neutral Sentiment: Industrial services adjusted EBITDA rose to $34.4 million from $7.7 million, helped by Phoenix and higher terminal volumes. However, management characterized the second quarter as “extraordinary,” citing one-time slag sales and unusually strong terminal activity, and expects volumes to normalize in the second half; full-year segment guidance was raised to $110 million–$115 million.
- Positive Sentiment: The company said it is sold out for 2026 and expects strong operating performance across both segments. SunCoke ended the quarter with $207 million of liquidity, plans to use free cash flow for debt reduction, and declared its 28th consecutive quarterly dividend of $0.12 per share.
SunCoke Energy Trading Down 10.1%
SXC stock traded down $0.94 during trading on Thursday, reaching $8.42. 4,851,357 shares of the stock were exchanged, compared to its average volume of 1,251,534. The company has a current ratio of 2.23, a quick ratio of 1.31 and a debt-to-equity ratio of 1.09. The business has a 50 day moving average price of $8.68 and a 200-day moving average price of $7.58. SunCoke Energy has a 1 year low of $5.51 and a 1 year high of $9.73. The firm has a market capitalization of $714.27 million, a price-to-earnings ratio of -10.93 and a beta of 0.99.
SunCoke Energy Announces Dividend
Key Headlines Impacting SunCoke Energy
Here are the key news stories impacting SunCoke Energy this week:
- Positive Sentiment: Q2 earnings and revenue beat expectations. SunCoke reported adjusted earnings of $0.15 per share, compared with the $0.08 analyst consensus and $0.02 in the year-earlier period. Revenue reached $475.3 million, exceeding the $445.2 million estimate and rising 9.5% year over year. The company also reported second-quarter net income of $15.6 million. SunCoke Energy Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: Quarterly dividend maintained. SunCoke’s board declared a $0.12-per-share cash dividend payable September 2 to shareholders of record August 17. The payment equates to $0.48 annually and a yield of approximately 5.7%, supporting the stock’s income appeal. SunCoke Energy Declares Cash Dividend
- Neutral Sentiment: Investors are assessing management’s outlook. The Q2 earnings call transcript provides additional commentary on operating performance, customer demand, and the outlook for SunCoke’s coke-production business, which supplies the steel and foundry industries. SunCoke Energy Q2 2026 Earnings Call Transcript
- Negative Sentiment: Profit-taking and profitability concerns may be weighing on the stock. Although quarterly results beat estimates, SunCoke continues to report a negative net margin, and the stock had recently traded near its 52-week high. Investors may therefore be locking in gains or looking for stronger forward guidance before bidding shares higher.
Institutional Trading of SunCoke Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in SXC. Gendell Jeffrey L raised its position in shares of SunCoke Energy by 82.3% during the 4th quarter. Gendell Jeffrey L now owns 1,472,040 shares of the energy company’s stock valued at $10,599,000 after buying an additional 664,528 shares during the period. Invesco Ltd. increased its stake in SunCoke Energy by 72.0% during the second quarter. Invesco Ltd. now owns 1,445,764 shares of the energy company’s stock worth $12,419,000 after acquiring an additional 605,366 shares during the last quarter. Federated Hermes Inc. raised its position in SunCoke Energy by 65.5% in the fourth quarter. Federated Hermes Inc. now owns 1,422,356 shares of the energy company’s stock valued at $10,241,000 after purchasing an additional 562,739 shares during the period. Charles Schwab Investment Management Inc. raised its position in SunCoke Energy by 30.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,153,408 shares of the energy company’s stock valued at $15,505,000 after purchasing an additional 503,500 shares during the period. Finally, Balyasny Asset Management L.P. lifted its stake in shares of SunCoke Energy by 119.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 759,682 shares of the energy company’s stock valued at $5,470,000 after purchasing an additional 413,579 shares during the last quarter. Institutional investors and hedge funds own 90.45% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised SunCoke Energy from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $9.00.
View Our Latest Stock Analysis on SXC
SunCoke Energy Company Profile
SunCoke Energy, Inc is a leading independent producer of metallurgical coke and related products for the steel and foundry industries. The company specializes in manufacturing both blast furnace coke and foundry coke, offering high‐quality, low‐sulfur coal products that serve as essential inputs in steelmaking and metal casting processes. In addition to coke production, SunCoke provides comprehensive engineering, maintenance and environmental solutions tailored to the needs of integrated steel mills and foundries.
The company operates a network of coke production facilities across the United States, including plants in Indiana, Ohio, West Virginia and Louisiana.
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