NuStar Energy (NS) Scheduled to Post Earnings on Wednesday

NuStar Energy (NYSE:NSGet Rating) is scheduled to post its quarterly earnings results before the market opens on Wednesday, February 1st. Analysts expect NuStar Energy to post earnings of $0.27 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

NuStar Energy (NYSE:NSGet Rating) last announced its quarterly earnings data on Thursday, November 3rd. The pipeline company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.09). The company had revenue of $413.24 million for the quarter, compared to analysts’ expectations of $374.11 million. NuStar Energy had a net margin of 11.29% and a return on equity of 121.01%. On average, analysts expect NuStar Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NuStar Energy Price Performance

Shares of NS opened at $17.24 on Wednesday. The firm has a market capitalization of $1.90 billion, a PE ratio of 46.59 and a beta of 1.95. The company has a debt-to-equity ratio of 18.14, a current ratio of 0.80 and a quick ratio of 0.74. NuStar Energy has a 1-year low of $12.80 and a 1-year high of $18.05. The company’s fifty day moving average price is $16.09 and its 200-day moving average price is $15.51.

NuStar Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 14th. Stockholders of record on Monday, November 7th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.28%. The ex-dividend date was Friday, November 4th. NuStar Energy’s dividend payout ratio (DPR) is presently 432.43%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. raised its position in shares of NuStar Energy by 6.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,661 shares of the pipeline company’s stock worth $183,000 after acquiring an additional 764 shares during the period. LPL Financial LLC raised its position in shares of NuStar Energy by 1.0% during the 2nd quarter. LPL Financial LLC now owns 126,881 shares of the pipeline company’s stock worth $1,776,000 after purchasing an additional 1,220 shares during the last quarter. First Republic Investment Management Inc. raised its position in shares of NuStar Energy by 9.9% during the 2nd quarter. First Republic Investment Management Inc. now owns 17,743 shares of the pipeline company’s stock worth $248,000 after purchasing an additional 1,598 shares during the last quarter. Raymond James & Associates raised its position in shares of NuStar Energy by 6.2% during the 1st quarter. Raymond James & Associates now owns 48,558 shares of the pipeline company’s stock worth $700,000 after purchasing an additional 2,827 shares during the last quarter. Finally, Guggenheim Capital LLC raised its position in shares of NuStar Energy by 19.5% during the 3rd quarter. Guggenheim Capital LLC now owns 20,999 shares of the pipeline company’s stock worth $283,000 after purchasing an additional 3,430 shares during the last quarter. Institutional investors and hedge funds own 67.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on NS shares. Mizuho dropped their price objective on shares of NuStar Energy from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, November 4th. Barclays boosted their price objective on shares of NuStar Energy from $18.00 to $19.00 and gave the company an “overweight” rating in a report on Wednesday, January 18th. Wells Fargo & Company lowered shares of NuStar Energy from an “overweight” rating to an “underweight” rating and lowered their price target for the company from $18.00 to $16.00 in a report on Friday, December 16th. Finally, StockNews.com raised shares of NuStar Energy from a “hold” rating to a “buy” rating in a report on Friday, November 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, NuStar Energy has a consensus rating of “Hold” and an average target price of $17.50.

About NuStar Energy

(Get Rating)

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing.

See Also

Earnings History for NuStar Energy (NYSE:NS)

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