Intrepid Potash (NYSE:IPI – Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $56.14 million for the quarter.
Intrepid Potash (NYSE:IPI – Get Free Report) last announced its earnings results on Monday, May 5th. The basic materials company reported $0.39 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.51. Intrepid Potash had a positive return on equity of 0.31% and a negative net margin of 75.09%. The company had revenue of $97.76 million for the quarter, compared to the consensus estimate of $72.34 million. On average, analysts expect Intrepid Potash to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Intrepid Potash Trading Down 2.4%
Shares of IPI stock opened at $32.48 on Monday. The business’s 50 day moving average is $35.95 and its two-hundred day moving average is $31.50. Intrepid Potash has a twelve month low of $20.75 and a twelve month high of $39.01. The company has a market capitalization of $432.63 million, a P/E ratio of -2.04 and a beta of 1.78.
Analyst Ratings Changes
Read Our Latest Stock Analysis on IPI
Insider Activity at Intrepid Potash
In other news, major shareholder Robert P. Jornayvaz III sold 53,035 shares of the firm’s stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $34.30, for a total value of $1,819,100.50. Following the completion of the sale, the insider directly owned 3,950 shares of the company’s stock, valued at $135,485. This trade represents a 93.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders sold 135,806 shares of company stock valued at $4,922,413. 2.40% of the stock is owned by company insiders.
Institutional Trading of Intrepid Potash
An institutional investor recently raised its position in Intrepid Potash stock. Empowered Funds LLC grew its holdings in Intrepid Potash, Inc (NYSE:IPI – Free Report) by 7.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,623 shares of the basic materials company’s stock after buying an additional 4,137 shares during the quarter. Empowered Funds LLC owned about 0.46% of Intrepid Potash worth $1,782,000 at the end of the most recent quarter. Institutional investors and hedge funds own 56.13% of the company’s stock.
Intrepid Potash Company Profile
Intrepid Potash, Inc, together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement.
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