$4.21 EPS Expected for CF Industries Holdings, Inc. (NYSE:CF) This Quarter

Equities analysts expect that CF Industries Holdings, Inc. (NYSE:CFGet Rating) will post $4.21 earnings per share for the current quarter, Zacks reports. Five analysts have made estimates for CF Industries’ earnings, with the highest EPS estimate coming in at $4.89 and the lowest estimate coming in at $3.65. CF Industries reported earnings per share of $0.70 in the same quarter last year, which suggests a positive year-over-year growth rate of 501.4%. The business is expected to issue its next quarterly earnings report after the market closes on Monday, January 1st.

According to Zacks, analysts expect that CF Industries will report full year earnings of $16.58 per share for the current fiscal year, with EPS estimates ranging from $13.70 to $20.14. For the next year, analysts anticipate that the company will report earnings of $10.83 per share, with EPS estimates ranging from $6.74 to $15.15. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for CF Industries.

CF Industries (NYSE:CFGet Rating) last posted its quarterly earnings data on Tuesday, February 15th. The basic materials company reported $3.71 earnings per share for the quarter, topping the consensus estimate of $3.41 by $0.30. The company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.59 billion. CF Industries had a return on equity of 24.09% and a net margin of 14.03%. During the same period in the prior year, the firm earned $0.40 earnings per share.

Several research firms have recently weighed in on CF. Royal Bank of Canada upped their price objective on CF Industries from $95.00 to $105.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 21st. Citigroup upped their price objective on CF Industries from $86.00 to $121.00 and gave the stock a “buy” rating in a research report on Tuesday, March 22nd. Barclays upped their target price on CF Industries from $68.00 to $83.00 in a report on Thursday, February 17th. UBS Group upped their target price on CF Industries from $70.00 to $83.00 and gave the stock a “buy” rating in a report on Tuesday, January 4th. Finally, Piper Sandler upped their target price on CF Industries from $88.00 to $120.00 and gave the stock an “overweight” rating in a report on Monday, March 7th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $93.16.

In related news, VP Richard A. Hoker sold 4,085 shares of the stock in a transaction that occurred on Monday, March 14th. The stock was sold at an average price of $93.93, for a total transaction of $383,704.05. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Ashraf K. Malik sold 5,033 shares of the firm’s stock in a transaction on Friday, March 11th. The shares were sold at an average price of $97.32, for a total value of $489,811.56. The disclosure for this sale can be found here. Insiders have sold 1,360,353 shares of company stock worth $109,647,792 in the last three months. 0.42% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of CF. Norges Bank acquired a new stake in shares of CF Industries in the 4th quarter valued at $189,152,000. Soroban Capital Partners LP acquired a new stake in shares of CF Industries in the 4th quarter valued at $154,078,000. Standard Investments LLC acquired a new stake in shares of CF Industries in the 4th quarter valued at $122,096,000. Third Point LLC acquired a new stake in shares of CF Industries in the 3rd quarter valued at $55,820,000. Finally, FIL Ltd lifted its stake in shares of CF Industries by 702.4% in the 3rd quarter. FIL Ltd now owns 1,011,487 shares of the basic materials company’s stock valued at $56,461,000 after acquiring an additional 885,426 shares during the last quarter. 91.66% of the stock is currently owned by hedge funds and other institutional investors.

CF stock opened at $96.83 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.81 and a quick ratio of 1.53. The stock has a market capitalization of $20.25 billion, a P/E ratio of 22.78, a P/E/G ratio of 0.98 and a beta of 1.03. The business has a 50-day moving average of $97.24 and a 200-day moving average of $76.93. CF Industries has a fifty-two week low of $43.19 and a fifty-two week high of $113.49.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Monday, May 16th will be given a $0.40 dividend. This is an increase from CF Industries’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.65%. CF Industries’s dividend payout ratio is presently 28.24%.

CF Industries Company Profile (Get Rating)

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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Earnings History and Estimates for CF Industries (NYSE:CF)

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