U.S. Silica Holdings Inc (NYSE:SLCA) declared a quarterly dividend on Tuesday, November 12th, Zacks reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.063 per share by the mining company on Friday, January 3rd. This represents a $0.25 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Thursday, December 12th.
SLCA stock opened at $5.00 on Thursday. The business’s fifty day moving average is $7.30 and its 200-day moving average is $10.74. The company has a quick ratio of 1.21, a current ratio of 1.69 and a debt-to-equity ratio of 1.34. The company has a market cap of $409.78 million, a P/E ratio of 3.16 and a beta of 2.52. U.S. Silica has a twelve month low of $4.40 and a twelve month high of $18.72.
U.S. Silica (NYSE:SLCA) last posted its quarterly earnings results on Tuesday, October 29th. The mining company reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.13). The company had revenue of $361.81 million during the quarter, compared to analyst estimates of $392.08 million. U.S. Silica had a negative net margin of 19.58% and a positive return on equity of 2.52%. The business’s revenue for the quarter was down 14.5% compared to the same quarter last year. During the same period last year, the company earned $0.44 EPS. Research analysts anticipate that U.S. Silica will post -0.38 earnings per share for the current fiscal year.
In related news, Director Charles W. Shaver acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average price of $5.37 per share, for a total transaction of $53,700.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 2.20% of the stock is currently owned by corporate insiders.
A number of research analysts have recently weighed in on SLCA shares. B. Riley cut their price target on U.S. Silica from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. Barclays downgraded U.S. Silica from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $11.00 to $3.00 in a research note on Thursday, October 31st. Citigroup raised their price objective on U.S. Silica from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, September 23rd. ValuEngine raised U.S. Silica from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Johnson Rice downgraded U.S. Silica from an “accumulate” rating to a “hold” rating and dropped their price objective for the stock from $12.00 to $5.00 in a research note on Tuesday, November 5th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $15.08.
About U.S. Silica
U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. It offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.
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