CF Industries (NYSE:CF – Get Free Report) posted its quarterly earnings data on Wednesday. The basic materials company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.80 by $0.50, Briefing.com reports. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the company earned $2.70 EPS. The firm’s revenue was down 11.4% compared to the same quarter last year.
CF Industries Trading Up 0.3 %
CF Industries stock traded up $0.24 during midday trading on Friday, reaching $79.77. 1,554,091 shares of the stock traded hands, compared to its average volume of 2,275,662. The company has a 50-day simple moving average of $73.94 and a two-hundred day simple moving average of $77.47. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37. The firm has a market cap of $14.58 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 2.44 and a beta of 0.95. CF Industries has a 12-month low of $69.13 and a 12-month high of $87.90.
CF Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Thursday, August 15th. CF Industries’s dividend payout ratio (DPR) is 33.22%.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on CF Industries
About CF Industries
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.
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