What is B. Riley’s Forecast for SunCoke Energy Q4 Earnings?

SunCoke Energy, Inc. (NYSE:SXC) – Analysts at B. Riley upped their Q4 2024 earnings estimates for shares of SunCoke Energy in a report issued on Thursday, November 7th. B. Riley analyst L. Pipes now expects that the energy company will post earnings per share of $0.30 for the quarter, up from their previous forecast of $0.23. The consensus estimate for SunCoke Energy’s current full-year earnings is $0.94 per share. B. Riley also issued estimates for SunCoke Energy’s Q1 2025 earnings at $0.17 EPS, Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.17 EPS.

A number of other equities research analysts also recently weighed in on SXC. Benchmark reiterated a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a research note on Tuesday. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

SunCoke Energy Price Performance

Shares of NYSE:SXC opened at $12.33 on Friday. The firm has a market capitalization of $1.04 billion, a PE ratio of 12.33 and a beta of 1.02. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. SunCoke Energy has a 1-year low of $7.47 and a 1-year high of $12.50. The business’s 50 day moving average is $8.72 and its 200-day moving average is $9.54.

SunCoke Energy (NYSE:SXC) last released its earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. The business had revenue of $490.10 million for the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period last year, the business earned $0.08 earnings per share.

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 3.89%. SunCoke Energy’s dividend payout ratio (DPR) is 48.00%.

Institutional Investors Weigh In On SunCoke Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its stake in shares of SunCoke Energy by 130.5% in the 1st quarter. BNP Paribas Financial Markets now owns 114,779 shares of the energy company’s stock valued at $1,294,000 after purchasing an additional 64,978 shares during the period. Vanguard Group Inc. raised its holdings in SunCoke Energy by 1.1% in the first quarter. Vanguard Group Inc. now owns 6,843,301 shares of the energy company’s stock worth $77,124,000 after purchasing an additional 77,649 shares during the period. Bank of Montreal Can boosted its position in shares of SunCoke Energy by 111.3% during the second quarter. Bank of Montreal Can now owns 176,260 shares of the energy company’s stock worth $1,729,000 after purchasing an additional 92,827 shares in the last quarter. Semanteon Capital Management LP acquired a new position in shares of SunCoke Energy in the 3rd quarter valued at $802,000. Finally, SG Americas Securities LLC bought a new stake in shares of SunCoke Energy in the third quarter worth about $667,000. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.