Wall Street brokerages expect CF Industries Holdings, Inc. (NYSE:CF) to announce earnings per share of $0.12 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for CF Industries’ earnings, with the highest EPS estimate coming in at $0.17 and the lowest estimate coming in at $0.08. CF Industries posted earnings per share of ($0.39) in the same quarter last year, which indicates a positive year-over-year growth rate of 130.8%. The business is scheduled to issue its next quarterly earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that CF Industries will report full-year earnings of $1.43 per share for the current fiscal year, with EPS estimates ranging from $1.24 to $1.71. For the next financial year, analysts expect that the business will post earnings of $2.12 per share, with EPS estimates ranging from $1.65 to $3.40. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover CF Industries.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, August 1st. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.18. CF Industries had a net margin of 13.94% and a return on equity of 1.82%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business earned $0.10 EPS. The company’s revenue was up 15.7% compared to the same quarter last year.

Several research analysts have issued reports on CF shares. TheStreet upgraded shares of CF Industries from a “c+” rating to a “b-” rating in a report on Thursday, September 13th. Scotiabank restated a “buy” rating and set a $53.00 price target on shares of CF Industries in a report on Friday, August 3rd. HSBC upgraded shares of CF Industries from a “hold” rating to a “buy” rating and set a $36.30 price target for the company in a report on Tuesday, August 7th. Zacks Investment Research raised shares of CF Industries from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Thursday, September 6th. Finally, UBS Group raised their price objective on shares of CF Industries from $58.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, October 2nd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $49.78.

CF Industries stock traded down $0.18 during mid-day trading on Monday, hitting $50.64. 2,838,131 shares of the stock were exchanged, compared to its average volume of 2,881,731. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.26 and a current ratio of 2.80. CF Industries has a 12 month low of $33.50 and a 12 month high of $56.51. The firm has a market cap of $11.86 billion, a price-to-earnings ratio of -202.56, a PEG ratio of 5.94 and a beta of 0.99.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Thursday, November 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Wednesday, November 14th. CF Industries’s dividend payout ratio (DPR) is -480.00%.

CF Industries announced that its Board of Directors has approved a stock repurchase program on Wednesday, August 1st that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the basic materials company to buy up to 4.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

In related news, Director Stephen A. Furbacher sold 1,000 shares of CF Industries stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $51.43, for a total value of $51,430.00. Following the completion of the sale, the director now owns 53,690 shares of the company’s stock, valued at approximately $2,761,276.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Rosemary L. O’brien sold 6,200 shares of CF Industries stock in a transaction on Monday, August 6th. The shares were sold at an average price of $49.16, for a total transaction of $304,792.00. Following the completion of the sale, the vice president now directly owns 36,215 shares of the company’s stock, valued at approximately $1,780,329.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 40,131 shares of company stock valued at $1,976,560. Insiders own 1.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of CF. Huntington National Bank acquired a new stake in CF Industries in the 3rd quarter valued at $112,000. Blackhawk Capital Partners LLC. grew its position in CF Industries by 485.7% in the 2nd quarter. Blackhawk Capital Partners LLC. now owns 2,665 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 2,210 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in CF Industries in the 2nd quarter valued at $121,000. Point72 Hong Kong Ltd acquired a new stake in CF Industries in the 2nd quarter valued at $127,000. Finally, Dupont Capital Management Corp grew its position in CF Industries by 46.2% in the 2nd quarter. Dupont Capital Management Corp now owns 4,226 shares of the basic materials company’s stock valued at $188,000 after purchasing an additional 1,335 shares during the period. 99.09% of the stock is owned by institutional investors and hedge funds.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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