National Fuel Gas Co. (NYSE:NFG) – Investment analysts at US Capital Advisors issued their FY2018 earnings per share (EPS) estimates for shares of National Fuel Gas in a research report issued to clients and investors on Thursday, Zacks Investment Research reports. US Capital Advisors analyst B. Followill expects that the oil and gas producer will earn $2.85 per share for the year. US Capital Advisors also issued estimates for National Fuel Gas’ FY2019 earnings at $3.53 EPS.
National Fuel Gas (NYSE:NFG) last posted its earnings results on Thursday, November 2nd. The oil and gas producer reported $0.53 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.53. The firm had revenue of $286.94 million for the quarter, compared to the consensus estimate of $325.81 million. National Fuel Gas had a return on equity of 17.16% and a net margin of 17.94%. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 EPS.
NFG has been the topic of several other research reports. Sidoti began coverage on National Fuel Gas in a research note on Thursday, October 12th. They issued a “neutral” rating and a $65.00 price target on the stock. Jefferies Group restated a “hold” rating and issued a $58.00 price target on shares of National Fuel Gas in a research note on Wednesday, December 20th. Scotiabank set a $61.00 price target on National Fuel Gas and gave the stock a “hold” rating in a research note on Saturday, November 25th. Zacks Investment Research downgraded National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, TheStreet downgraded National Fuel Gas from a “b-” rating to a “c” rating in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $62.67.
National Fuel Gas (NYSE:NFG) traded down $0.39 during trading on Monday, hitting $55.75. The company had a trading volume of 321,638 shares, compared to its average volume of 437,380. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.27 and a quick ratio of 1.16. The stock has a market cap of $4,770.00, a P/E ratio of 16.89, a P/E/G ratio of 6.27 and a beta of 0.94. National Fuel Gas has a 52 week low of $53.03 and a 52 week high of $61.25.
Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its stake in National Fuel Gas by 1.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,836 shares of the oil and gas producer’s stock valued at $103,000 after purchasing an additional 34 shares during the last quarter. Cable Hill Partners LLC purchased a new stake in National Fuel Gas during the 3rd quarter valued at $119,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in National Fuel Gas by 18.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,878 shares of the oil and gas producer’s stock valued at $161,000 after purchasing an additional 445 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new stake in National Fuel Gas during the 2nd quarter valued at $168,000. Finally, Oakbrook Investments LLC purchased a new stake in National Fuel Gas during the 3rd quarter valued at $201,000. Institutional investors and hedge funds own 71.47% of the company’s stock.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were paid a dividend of $0.415 per share. The ex-dividend date was Thursday, December 28th. This represents a $1.66 annualized dividend and a yield of 2.98%. National Fuel Gas’s dividend payout ratio is 50.30%.
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About National Fuel Gas
National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.
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