Green Plains Partners (NASDAQ:GPP) announced its quarterly earnings data on Sunday. The transportation company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.02), MarketWatch Earnings reports. Green Plains Partners had a negative return on equity of 57.99% and a net margin of 49.83%.
GPP stock traded down $0.13 during trading on Tuesday, hitting $12.02. 100 shares of the company traded hands, compared to its average volume of 65,687. The stock’s 50-day simple moving average is $12.29 and its 200 day simple moving average is $9.86. The company has a market cap of $278.96 million, a PE ratio of 6.94 and a beta of 0.84. Green Plains Partners has a 1 year low of $4.77 and a 1 year high of $13.74.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 14th. Investors of record on Friday, May 7th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.99%. The ex-dividend date is Thursday, May 6th. Green Plains Partners’s dividend payout ratio is currently 27.27%.
About Green Plains Partners
Green Plains Partners LP provides fuel storage and transportation services in the United States. It acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The company owns or leases 31 ethanol storage facilities and approximately 44 acres of land; and six fuel terminals in Alabama, Arkansas, Louisiana, Mississippi, Kentucky, and Oklahoma.
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