What is B. Riley’s Forecast for SunCoke Energy Q4 Earnings?

SunCoke Energy, Inc. (NYSE:SXC) – Stock analysts at B. Riley boosted their Q4 2024 earnings estimates for shares of SunCoke Energy in a report released on Thursday, November 7th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings of $0.30 per share for the quarter, up from their previous forecast of $0.23. The consensus estimate for SunCoke Energy’s current full-year earnings is $0.94 per share. B. Riley also issued estimates for SunCoke Energy’s Q1 2025 earnings at $0.17 EPS, Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.17 EPS.

SunCoke Energy (NYSE:SXC) last announced its earnings results on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.22 by $0.14. The business had revenue of $490.10 million during the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. SunCoke Energy’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.08 EPS.

A number of other research analysts have also issued reports on the stock. Benchmark restated a “buy” rating and set a $13.00 target price on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

SunCoke Energy Stock Performance

NYSE:SXC opened at $12.54 on Friday. The stock has a 50 day simple moving average of $8.80 and a 200 day simple moving average of $9.54. The stock has a market cap of $1.05 billion, a P/E ratio of 12.54 and a beta of 1.02. SunCoke Energy has a 1-year low of $7.47 and a 1-year high of $12.55. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

SunCoke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date is Thursday, November 14th. SunCoke Energy’s payout ratio is 48.00%.

Hedge Funds Weigh In On SunCoke Energy

Several large investors have recently bought and sold shares of the company. nVerses Capital LLC raised its stake in shares of SunCoke Energy by 488.9% during the third quarter. nVerses Capital LLC now owns 5,300 shares of the energy company’s stock valued at $46,000 after acquiring an additional 4,400 shares during the last quarter. Innealta Capital LLC bought a new position in SunCoke Energy during the 2nd quarter worth $70,000. Optas LLC acquired a new position in SunCoke Energy during the 3rd quarter worth about $88,000. Algert Global LLC bought a new stake in shares of SunCoke Energy in the 2nd quarter valued at about $107,000. Finally, Retirement Investment Advisors Inc. acquired a new stake in shares of SunCoke Energy in the second quarter valued at about $110,000. 90.45% of the stock is currently owned by institutional investors.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.