B. Riley Has Bearish Forecast for SunCoke Energy Q1 Earnings

SunCoke Energy, Inc. (NYSE:SXC) – Equities research analysts at B. Riley dropped their Q1 2027 earnings per share (EPS) estimates for SunCoke Energy in a research note issued on Tuesday, November 11th. B. Riley analyst N. Giles now forecasts that the energy company will post earnings of $0.14 per share for the quarter, down from their previous estimate of $0.15. B. Riley has a “Neutral” rating and a $10.00 price objective on the stock. The consensus estimate for SunCoke Energy’s current full-year earnings is $0.71 per share. B. Riley also issued estimates for SunCoke Energy’s Q2 2027 earnings at $0.14 EPS, Q3 2027 earnings at $0.14 EPS and FY2027 earnings at $0.56 EPS.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of SunCoke Energy in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $10.00.

SunCoke Energy Stock Down 0.1%

NYSE SXC traded down $0.01 during trading hours on Thursday, reaching $6.89. 266,518 shares of the company’s stock were exchanged, compared to its average volume of 971,902. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.45 and a current ratio of 2.61. The company has a market capitalization of $582.93 million, a price-to-earnings ratio of 8.01 and a beta of 1.08. The company’s 50-day moving average is $7.90 and its two-hundred day moving average is $8.14. SunCoke Energy has a one year low of $6.57 and a one year high of $12.82.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings results on Tuesday, November 4th. The energy company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. SunCoke Energy had a return on equity of 10.43% and a net margin of 3.99%.The company had revenue of $487.00 million for the quarter, compared to analyst estimates of $349.30 million. During the same quarter last year, the firm posted $0.36 earnings per share. SunCoke Energy’s revenue was down .6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SXC. Principal Financial Group Inc. lifted its holdings in SunCoke Energy by 3.0% during the 1st quarter. Principal Financial Group Inc. now owns 420,006 shares of the energy company’s stock valued at $3,864,000 after purchasing an additional 12,160 shares during the last quarter. Envestnet Asset Management Inc. increased its position in SunCoke Energy by 16.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 89,152 shares of the energy company’s stock worth $820,000 after buying an additional 12,902 shares during the period. CWM LLC grew its position in SunCoke Energy by 159.9% during the first quarter. CWM LLC now owns 5,522 shares of the energy company’s stock worth $51,000 after buying an additional 3,397 shares in the last quarter. Victory Capital Management Inc. raised its holdings in SunCoke Energy by 79.0% in the 1st quarter. Victory Capital Management Inc. now owns 190,784 shares of the energy company’s stock valued at $1,755,000 after acquiring an additional 84,178 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in shares of SunCoke Energy by 17.5% during the 1st quarter. Jennison Associates LLC now owns 141,794 shares of the energy company’s stock valued at $1,305,000 after acquiring an additional 21,073 shares during the period. 90.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other SunCoke Energy news, Director Ratta Ralph M. Della, Jr. purchased 7,288 shares of the stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of $6.86 per share, with a total value of $49,995.68. Following the completion of the transaction, the director directly owned 86,293 shares in the company, valued at $591,969.98. This represents a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.49% of the company’s stock.

SunCoke Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 7.0%. The ex-dividend date is Monday, November 17th. SunCoke Energy’s dividend payout ratio (DPR) is 63.16%.

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.