NuStar Energy (NS) to Release Quarterly Earnings on Monday

NuStar Energy (NYSE:NS) is set to issue its quarterly earnings data before the market opens on Monday, November 5th. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

NuStar Energy (NYSE:NS) last announced its quarterly earnings data on Tuesday, August 7th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.06). NuStar Energy had a net margin of 11.83% and a return on equity of 11.32%. The firm had revenue of $486.20 million for the quarter, compared to analyst estimates of $479.32 million. During the same quarter in the previous year, the company earned $0.05 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. On average, analysts expect NuStar Energy to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE NS opened at $23.31 on Friday. NuStar Energy has a 52-week low of $19.22 and a 52-week high of $35.91. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 36.42 and a beta of 1.73. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.61 and a current ratio of 0.70.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 14th. Shareholders of record on Thursday, November 8th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 10.30%. The ex-dividend date is Wednesday, November 7th. NuStar Energy’s payout ratio is currently 375.00%.

Several equities analysts have recently commented on NS shares. Barclays upped their target price on NuStar Energy from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Wednesday, July 11th. Zacks Investment Research raised NuStar Energy from a “hold” rating to a “strong-buy” rating and set a $28.00 target price for the company in a report on Wednesday, July 18th. US Capital Advisors reaffirmed a “hold” rating on shares of NuStar Energy in a report on Tuesday, July 17th. ValuEngine raised NuStar Energy from a “strong sell” rating to a “sell” rating in a report on Thursday, August 2nd. Finally, Stifel Nicolaus upped their target price on NuStar Energy from $26.00 to $27.00 and gave the company a “hold” rating in a report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $28.00.

NuStar Energy Company Profile

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in Texas. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.

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Earnings History for NuStar Energy (NYSE:NS)

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