Solaris Oilfield Infrastructure (SOI) Set to Announce Quarterly Earnings on Thursday

Solaris Oilfield Infrastructure (NYSE:SOI) is set to post its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect Solaris Oilfield Infrastructure to post earnings of $0.13 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Solaris Oilfield Infrastructure (NYSE:SOI) last posted its earnings results on Monday, February 26th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. The company had revenue of $63.35 million for the quarter, compared to analyst estimates of $65.55 million. Solaris Oilfield Infrastructure had a net margin of 8.31% and a return on equity of 12.01%. During the same period in the previous year, the business posted $0.22 EPS. On average, analysts expect Solaris Oilfield Infrastructure to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Solaris Oilfield Infrastructure Stock Down 2.1 %

SOI stock opened at $8.42 on Tuesday. The firm has a market cap of $362.14 million, a PE ratio of 10.94 and a beta of 1.29. Solaris Oilfield Infrastructure has a one year low of $6.59 and a one year high of $11.32. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.63 and a current ratio of 1.80. The firm’s 50 day moving average price is $8.36 and its 200-day moving average price is $8.41.

Solaris Oilfield Infrastructure Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Monday, March 11th were given a $0.12 dividend. The ex-dividend date was Friday, March 8th. This represents a $0.48 dividend on an annualized basis and a yield of 5.70%. Solaris Oilfield Infrastructure’s dividend payout ratio is currently 62.34%.

Insider Activity

In related news, insider Christopher M. Powell sold 17,500 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $8.50, for a total transaction of $148,750.00. Following the completion of the transaction, the insider now directly owns 130,202 shares in the company, valued at approximately $1,106,717. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 34.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SOI shares. TheStreet downgraded Solaris Oilfield Infrastructure from a “b-” rating to a “c+” rating in a research report on Wednesday, January 24th. Stifel Nicolaus reduced their price target on shares of Solaris Oilfield Infrastructure from $12.00 to $10.00 and set a “buy” rating on the stock in a research note on Wednesday, January 3rd.

About Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure, Inc designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites.