HF Sinclair Co. (NYSE:DINO – Get Free Report) has been assigned an average rating of “Moderate Buy” from the thirteen analysts that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $62.55.
A number of equities analysts recently commented on DINO shares. JPMorgan Chase & Co. raised their price objective on shares of HF Sinclair from $59.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday. UBS Group dropped their price target on HF Sinclair from $73.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Piper Sandler decreased their price objective on HF Sinclair from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Friday, June 14th. Argus upgraded HF Sinclair to a “hold” rating in a report on Wednesday, June 26th. Finally, Wells Fargo & Company decreased their price target on shares of HF Sinclair from $61.00 to $60.00 and set an “overweight” rating for the company in a report on Friday, August 2nd.
Read Our Latest Stock Report on HF Sinclair
Institutional Investors Weigh In On HF Sinclair
HF Sinclair Trading Up 0.5 %
Shares of NYSE DINO opened at $49.03 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 2.17 and a debt-to-equity ratio of 0.26. HF Sinclair has a 12 month low of $44.09 and a 12 month high of $64.16. The company has a market cap of $9.42 billion, a price-to-earnings ratio of 6.07 and a beta of 1.19. The business has a fifty day simple moving average of $50.05 and a 200-day simple moving average of $55.00.
HF Sinclair (NYSE:DINO – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.06. The company had revenue of $7.85 billion during the quarter, compared to analyst estimates of $7.65 billion. HF Sinclair had a net margin of 3.80% and a return on equity of 11.73%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.60 earnings per share. Sell-side analysts predict that HF Sinclair will post 3.85 EPS for the current year.
HF Sinclair Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Wednesday, August 21st. HF Sinclair’s dividend payout ratio is 24.75%.
About HF Sinclair
HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.
Recommended Stories
- Five stocks we like better than HF Sinclair
- Do ETFs Pay Dividends? What You Need to Know
- Moderna Dips on Q2 Earnings But Can It Rip on a Short Squeeze?
- What Are the FAANG Stocks and Are They Good Investments?
- 2 Option Strategies to Maximize Profits in a Bear Market
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Lululemon Stock Gears Up for a Massive Comeback Rally
Receive News & Ratings for HF Sinclair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HF Sinclair and related companies with MarketBeat.com's FREE daily email newsletter.