CF Industries Holdings, Inc. (NYSE:CF – Free Report) – Scotiabank increased their Q4 2024 EPS estimates for shares of CF Industries in a research note issued on Wednesday, January 29th. Scotiabank analyst B. Isaacson now expects that the basic materials company will earn $1.55 per share for the quarter, up from their prior estimate of $1.49. Scotiabank has a “Sector Underperform” rating and a $88.00 price objective on the stock. The consensus estimate for CF Industries’ current full-year earnings is $6.37 per share.
CF Industries (NYSE:CF – Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 earnings per share.
Read Our Latest Stock Analysis on CF
CF Industries Stock Down 0.3 %
Shares of NYSE:CF opened at $92.22 on Thursday. CF Industries has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $89.35 and a two-hundred day moving average of $84.18. The stock has a market cap of $16.05 billion, a P/E ratio of 14.59, a PEG ratio of 0.71 and a beta of 0.98.
Institutional Investors Weigh In On CF Industries
A number of large investors have recently modified their holdings of CF. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries during the third quarter worth $28,000. Heck Capital Advisors LLC acquired a new position in shares of CF Industries during the 4th quarter worth about $34,000. Brooklyn Investment Group purchased a new position in shares of CF Industries in the 3rd quarter valued at about $39,000. Quent Capital LLC raised its position in shares of CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 284 shares in the last quarter. Finally, Asset Planning Inc purchased a new stake in CF Industries during the fourth quarter worth approximately $44,000. 93.06% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock worth $2,355,425 in the last ninety days. 0.42% of the stock is owned by corporate insiders.
CF Industries Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.17%. CF Industries’s payout ratio is currently 31.65%.
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.
Featured Stories
- Five stocks we like better than CF Industries
- 3 Dividend Kings To Consider
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- Business Services Stocks Investing
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- The How And Why of Investing in Oil Stocks
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.