SunCoke Energy (NYSE:SXC) Stock Rating Raised to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of SunCoke Energy (NYSE:SXC) from a hold rating to a buy rating in a research report report published on Tuesday morning,Wall Street Zen reports.

Separately, Weiss Ratings raised shares of SunCoke Energy from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, October 6th. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $9.00.

SunCoke Energy Trading Up 7.2%

Shares of SXC opened at $10.52 on Tuesday. SunCoke Energy has a twelve month low of $5.51 and a twelve month high of $11.12. The business’s 50-day moving average price is $9.88 and its 200-day moving average price is $8.25.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Tuesday, October 27th. The energy company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.14. The firm had revenue of $485.90 million during the quarter, compared to the consensus estimate of $456.55 million. During the same quarter last year, the business posted $0.26 earnings per share. SunCoke Energy’s revenue was down .2% compared to the same quarter last year. As a group, equities research analysts forecast that SunCoke Energy will post 0.32 EPS for the current year.

SunCoke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 17th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Tuesday, November 17th.

Hedge Funds Weigh In On SunCoke Energy

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of SunCoke Energy in the 2nd quarter valued at about $72,643,000. Assenagon Asset Management S.A. bought a new stake in shares of SunCoke Energy during the 2nd quarter valued at about $7,359,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of SunCoke Energy during the second quarter worth about $6,614,000. Readystate Asset Management LP purchased a new position in shares of SunCoke Energy during the second quarter worth about $5,038,000. Finally, Empowered Funds LLC purchased a new position in shares of SunCoke Energy during the second quarter worth about $3,889,000. 90.45% of the stock is currently owned by institutional investors.

SunCoke Energy News Summary

Here are the key news stories impacting SunCoke Energy this week:

• Positive Sentiment: SunCoke reported third-quarter adjusted earnings of $0.25 per share, well above the $0.11 consensus estimate. Revenue of $485.9 million also exceeded expectations of approximately $456.6 million, supporting investor confidence in the company’s operating performance. SunCoke Energy earnings report
• Positive Sentiment: The earnings beat was the key catalyst, with reports characterizing the quarter as strong and noting that EPS substantially exceeded estimates. The company’s results may reinforce expectations for approximately $0.32 in full-year EPS. SunCoke Energy Q3 earnings
• Positive Sentiment: SunCoke declared a quarterly dividend of $0.12 per share, payable December 1 to shareholders of record November 17. The $0.48 annualized payout represents a yield of approximately 4.6%, which may appeal to income-focused investors. SunCoke Energy dividend announcement
• Neutral Sentiment: Management’s third-quarter earnings call transcripts provide additional commentary on operating results and the company’s outlook, but the supplied reports do not identify a specific new guidance change. SunCoke Energy Q3 2026 earnings call transcript
• Negative Sentiment: Revenue declined slightly year over year, from the comparable period, while EPS decreased from $0.26 a year earlier. SunCoke also reported a negative net margin of 2.88%, indicating that profitability remains a concern despite the quarterly earnings beat.

About SunCoke Energy

SunCoke Energy, Inc (NYSE:SXC) is a producer of metallurgical coke, a carbon-based fuel and reducing agent used in blast-furnace steelmaking. The company converts coal into coke through high-temperature processing and captures the resulting heat to generate energy, which can support its facilities and be sold to customers.

SunCoke operates coke-making facilities and related coal-handling, storage and logistics assets, primarily serving integrated steel producers in the United States. Its operations are designed to provide customers with a consistent supply of coke while also generating electricity and recovering other byproducts from the coke-production process.

The company was separated from Sunoco and became a publicly traded company in 2011.