Headlines about OCI Partners (NYSE:OCIP) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. OCI Partners earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 47.4660497306038 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
OCI Partners opened at $10.20 on Thursday, MarketBeat reports. The stock has a market cap of $885.20 million, a PE ratio of 20.35 and a beta of 1.16. OCI Partners has a 1 year low of $10.15 and a 1 year high of $10.15. The company has a quick ratio of 1.87, a current ratio of 1.91 and a debt-to-equity ratio of 3.01.
OCI Partners (NYSE:OCIP) last announced its earnings results on Monday, March 5th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $90.02 million during the quarter. OCI Partners had a return on equity of 30.77% and a net margin of 11.37%.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 8th. Shareholders of record on Wednesday, May 23rd will be paid a dividend of $0.38 per share. The ex-dividend date is Tuesday, May 22nd. This is an increase from OCI Partners’s previous quarterly dividend of $0.27. This represents a $1.52 annualized dividend and a yield of 14.90%.
Several research firms recently issued reports on OCIP. ValuEngine upgraded OCI Partners from a “hold” rating to a “buy” rating in a report on Wednesday, April 18th. TheStreet upgraded OCI Partners from a “c” rating to a “b-” rating in a report on Wednesday, April 25th. Finally, MED reiterated a “buy” rating and issued a $15.00 price objective on shares of OCI Partners in a report on Monday, May 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. OCI Partners presently has an average rating of “Hold” and a consensus target price of $11.00.
About OCI Partners
OCI Partners LP produces, markets, and distributes methanol and anhydrous ammonia in the United States. The company offers its products to industrial users and commercial traders for further processing or distribution. OCI GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Nederland, Texas.
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