B. Riley Forecasts SunCoke Energy’s Q4 Earnings (NYSE:SXC)

SunCoke Energy, Inc. (NYSE:SXC) – Stock analysts at B. Riley boosted their Q4 2024 earnings estimates for SunCoke Energy in a research report issued on Thursday, November 7th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings of $0.30 per share for the quarter, up from their prior forecast of $0.23. The consensus estimate for SunCoke Energy’s current full-year earnings is $0.94 per share. B. Riley also issued estimates for SunCoke Energy’s Q1 2025 earnings at $0.17 EPS, Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.17 EPS.

A number of other brokerages have also recently weighed in on SXC. Benchmark reiterated a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday. StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 16th.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $12.54 on Friday. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average price is $8.80 and its two-hundred day moving average price is $9.55. SunCoke Energy has a 52-week low of $7.47 and a 52-week high of $12.55. The stock has a market capitalization of $1.05 billion, a P/E ratio of 12.54 and a beta of 1.02.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The company had revenue of $490.10 million for the quarter, compared to the consensus estimate of $412.70 million. During the same period last year, the firm posted $0.08 EPS. The company’s revenue for the quarter was down 5.8% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. nVerses Capital LLC grew its holdings in SunCoke Energy by 488.9% in the 3rd quarter. nVerses Capital LLC now owns 5,300 shares of the energy company’s stock worth $46,000 after buying an additional 4,400 shares in the last quarter. Innealta Capital LLC acquired a new position in SunCoke Energy during the 2nd quarter worth $70,000. Optas LLC bought a new position in shares of SunCoke Energy in the third quarter worth $88,000. Algert Global LLC bought a new position in shares of SunCoke Energy in the second quarter worth $107,000. Finally, Retirement Investment Advisors Inc. acquired a new position in shares of SunCoke Energy during the second quarter valued at $110,000. Institutional investors own 90.45% of the company’s stock.

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, November 14th. SunCoke Energy’s payout ratio is 48.00%.

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.