National Fuel Gas Co. (NYSE:NFG) – US Capital Advisors issued their FY2018 earnings per share (EPS) estimates for National Fuel Gas in a note issued to investors on Thursday. US Capital Advisors analyst B. Followill forecasts that the oil and gas producer will post earnings per share of $2.85 for the year. US Capital Advisors also issued estimates for National Fuel Gas’ FY2019 earnings at $3.53 EPS.

A number of other equities analysts also recently issued reports on the company. Zacks Investment Research downgraded National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. TheStreet downgraded National Fuel Gas from a “b-” rating to a “c” rating in a research note on Thursday, November 2nd. Jefferies Group reaffirmed a “hold” rating and issued a $54.00 target price on shares of National Fuel Gas in a report on Thursday, October 12th. Scotiabank reaffirmed a “hold” rating and issued a $60.00 target price on shares of National Fuel Gas in a report on Friday, November 3rd. Finally, Sidoti raised National Fuel Gas from a “neutral” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. National Fuel Gas currently has an average rating of “Hold” and an average target price of $62.67.

National Fuel Gas (NYSE NFG) traded down $1.40 during mid-day trading on Monday, hitting $54.84. The stock had a trading volume of 387,169 shares, compared to its average volume of 457,429. The stock has a market cap of $4,780.00, a P/E ratio of 16.62, a P/E/G ratio of 6.27 and a beta of 0.94. National Fuel Gas has a 52-week low of $53.03 and a 52-week high of $61.25. The company has a current ratio of 1.27, a quick ratio of 1.16 and a debt-to-equity ratio of 1.22.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Thursday, November 2nd. The oil and gas producer reported $0.53 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.53. The firm had revenue of $286.94 million for the quarter, compared to the consensus estimate of $325.81 million. National Fuel Gas had a return on equity of 17.16% and a net margin of 17.94%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period last year, the business posted $0.66 EPS.

Institutional investors have recently made changes to their positions in the stock. Mutual of America Capital Management LLC raised its holdings in National Fuel Gas by 1.4% in the 3rd quarter. Mutual of America Capital Management LLC now owns 69,512 shares of the oil and gas producer’s stock worth $3,935,000 after purchasing an additional 978 shares during the period. ProShare Advisors LLC raised its holdings in National Fuel Gas by 8.4% in the 2nd quarter. ProShare Advisors LLC now owns 179,128 shares of the oil and gas producer’s stock worth $10,003,000 after purchasing an additional 13,921 shares during the period. Amica Pension Fund Board of Trustees raised its holdings in National Fuel Gas by 91.6% in the 3rd quarter. Amica Pension Fund Board of Trustees now owns 26,154 shares of the oil and gas producer’s stock worth $1,481,000 after purchasing an additional 12,503 shares during the period. First Trust Advisors LP raised its holdings in National Fuel Gas by 300.3% in the 3rd quarter. First Trust Advisors LP now owns 288,135 shares of the oil and gas producer’s stock worth $16,311,000 after purchasing an additional 216,153 shares during the period. Finally, Stevens Capital Management LP raised its holdings in National Fuel Gas by 131.8% in the 3rd quarter. Stevens Capital Management LP now owns 47,653 shares of the oil and gas producer’s stock worth $2,698,000 after purchasing an additional 27,091 shares during the period. 71.47% of the stock is currently owned by institutional investors.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be issued a $0.415 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.66 dividend on an annualized basis and a yield of 3.03%. National Fuel Gas’s dividend payout ratio is currently 50.30%.

TRADEMARK VIOLATION WARNING: “Equities Analysts Issue Forecasts for National Fuel Gas Co.’s FY2018 Earnings (NFG)” was reported by Daily Political and is owned by of Daily Political. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.dailypolitical.com/2018/01/10/equities-analysts-issue-forecasts-for-national-fuel-gas-co-s-fy2018-earnings-nfg.html.

National Fuel Gas Company Profile

National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.

Earnings History and Estimates for National Fuel Gas (NYSE:NFG)

Receive News & Ratings for National Fuel Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Fuel Gas and related companies with MarketBeat.com's FREE daily email newsletter.