Scotiabank Issues Negative Estimate for HF Sinclair Earnings

HF Sinclair Co. (NYSE:DINOFree Report) – Investment analysts at Scotiabank cut their FY2025 EPS estimates for HF Sinclair in a report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the company will earn $2.55 per share for the year, down from their previous estimate of $3.75. The consensus estimate for HF Sinclair’s current full-year earnings is $2.39 per share. Scotiabank also issued estimates for HF Sinclair’s FY2026 earnings at $4.15 EPS.

HF Sinclair (NYSE:DINOGet Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). The firm had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.56 billion. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%.

A number of other research firms have also recently commented on DINO. Barclays reduced their target price on HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Friday, March 14th. TD Cowen reduced their target price on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th. Piper Sandler set a $46.00 target price on HF Sinclair in a research note on Friday, March 7th. Wells Fargo & Company increased their target price on HF Sinclair from $42.00 to $44.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, Mizuho reduced their target price on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $47.00.

Check Out Our Latest Report on DINO

HF Sinclair Trading Down 1.0 %

HF Sinclair stock opened at $33.54 on Monday. The stock has a market cap of $6.32 billion, a P/E ratio of 40.90 and a beta of 1.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. HF Sinclair has a fifty-two week low of $29.85 and a fifty-two week high of $64.16. The firm’s fifty day moving average price is $35.38 and its 200-day moving average price is $39.17.

Institutional Investors Weigh In On HF Sinclair

Several institutional investors and hedge funds have recently made changes to their positions in DINO. Sugar Maple Asset Management LLC bought a new stake in shares of HF Sinclair during the fourth quarter valued at approximately $27,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of HF Sinclair during the fourth quarter valued at approximately $31,000. Lee Danner & Bass Inc. bought a new stake in shares of HF Sinclair during the fourth quarter valued at approximately $32,000. EverSource Wealth Advisors LLC increased its position in shares of HF Sinclair by 53.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after acquiring an additional 327 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of HF Sinclair by 68.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after acquiring an additional 558 shares in the last quarter. Institutional investors own 88.29% of the company’s stock.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was acquired at an average price of $35.66 per share, with a total value of $178,300.00. Following the completion of the purchase, the director now owns 154,065 shares of the company’s stock, valued at approximately $5,493,957.90. This trade represents a 3.35 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.28% of the company’s stock.

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date was Thursday, March 6th. HF Sinclair’s dividend payout ratio is 243.90%.

HF Sinclair Company Profile

(Get Free Report)

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.

Recommended Stories

Receive News & Ratings for HF Sinclair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HF Sinclair and related companies with MarketBeat.com's FREE daily email newsletter.