Scotiabank Weighs in on CF Industries’ Q4 Earnings (NYSE:CF)

CF Industries Holdings, Inc. (NYSE:CF) – Equities research analysts at Scotiabank issued their Q4 2024 EPS estimates for shares of CF Industries in a research report issued to clients and investors on Monday, November 4th. Scotiabank analyst B. Isaacson expects that the basic materials company will post earnings of $1.49 per share for the quarter. Scotiabank has a “Sector Perform” rating and a $88.00 price target on the stock. The consensus estimate for CF Industries’ current full-year earnings is $5.98 per share.

A number of other research firms have also commented on CF. BMO Capital Markets raised their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Barclays raised their price target on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a report on Wednesday, October 16th. Redburn Atlantic assumed coverage on CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective for the company. Finally, Royal Bank of Canada upped their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $88.08.

CF Industries Stock Down 4.0 %

Shares of NYSE CF opened at $83.08 on Wednesday. The business has a 50-day simple moving average of $83.51 and a two-hundred day simple moving average of $78.54. CF Industries has a 52 week low of $69.13 and a 52 week high of $90.86. The company has a market cap of $14.46 billion, a P/E ratio of 13.15, a P/E/G ratio of 2.34 and a beta of 0.97. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the business earned $0.85 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.41%. CF Industries’s dividend payout ratio is 31.65%.

Insider Buying and Selling

In other news, VP Ashraf K. Malik sold 7,201 shares of the company’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CF Industries

Institutional investors have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC lifted its holdings in CF Industries by 4.5% in the 1st quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock worth $269,000 after buying an additional 140 shares during the period. Bleakley Financial Group LLC increased its position in CF Industries by 4.8% during the 1st quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock valued at $257,000 after purchasing an additional 141 shares during the period. First Horizon Advisors Inc. raised its holdings in CF Industries by 8.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after purchasing an additional 146 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 167 shares in the last quarter. Finally, UMB Bank n.a. lifted its position in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 191 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

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.