Equities analysts expect Andersons Inc (NASDAQ:ANDE) to post earnings per share of $0.38 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Andersons’ earnings. Andersons posted earnings of $0.36 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 5.6%. The firm is expected to report its next quarterly earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Andersons will report full year earnings of $0.89 per share for the current fiscal year, with EPS estimates ranging from $0.88 to $0.90. For the next year, analysts expect that the company will report earnings of $1.63 per share, with EPS estimates ranging from $1.40 to $1.85. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow Andersons.

Andersons (NASDAQ:ANDE) last announced its quarterly earnings data on Monday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.07). Andersons had a positive return on equity of 3.91% and a negative net margin of 0.45%. The firm had revenue of $836.60 million during the quarter, compared to the consensus estimate of $899.95 million. During the same quarter in the prior year, the business posted $0.06 EPS. Andersons’s revenue was down 2.7% compared to the same quarter last year.

A number of brokerages have commented on ANDE. Zacks Investment Research upgraded Andersons from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. BMO Capital Markets reduced their price objective on Andersons from $39.00 to $34.00 and set a “market perform” rating for the company in a research report on Wednesday, November 8th. Finally, Buckingham Research downgraded Andersons from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $34.50.

Shares of Andersons (ANDE) traded up $0.20 during mid-day trading on Wednesday, hitting $33.15. The company’s stock had a trading volume of 163,066 shares, compared to its average volume of 95,315. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.36 and a quick ratio of 0.56. Andersons has a 52 week low of $29.60 and a 52 week high of $41.45. The company has a market cap of $934.33, a P/E ratio of 31.08 and a beta of 1.29.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 2nd will be given a $0.165 dividend. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.99%. This is an increase from Andersons’s previous quarterly dividend of $0.16. Andersons’s dividend payout ratio (DPR) is currently -110.00%.

Several hedge funds have recently made changes to their positions in ANDE. Vanguard Group Inc. lifted its position in shares of Andersons by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 2,702,489 shares of the basic materials company’s stock worth $92,290,000 after buying an additional 56,248 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Andersons by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,385,317 shares of the basic materials company’s stock worth $81,458,000 after buying an additional 104,417 shares during the period. Crossmark Global Holdings Inc. bought a new position in shares of Andersons during the 3rd quarter worth approximately $355,000. Renaissance Technologies LLC lifted its position in shares of Andersons by 22.3% during the 2nd quarter. Renaissance Technologies LLC now owns 680,076 shares of the basic materials company’s stock worth $23,225,000 after buying an additional 124,000 shares during the period. Finally, Stevens Capital Management LP bought a new position in shares of Andersons during the 3rd quarter worth approximately $354,000. Institutional investors own 77.75% of the company’s stock.

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Andersons Company Profile

The Andersons, Inc is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products. The Company operates through segments, including Grain, Ethanol, Rail and Plant Nutrient. Its Grain business operates grain elevators in various states in the United States Corn Belt.

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