HollyFrontier Corp. (HFC) Scheduled to Post Quarterly Earnings on Tuesday
HollyFrontier Corp. (NYSE:HFC) will announce its Q413 earnings results on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $3.73 billion for the quarter.
HollyFrontier Corp. (NYSE:HFC) traded up 3.82% during mid-day trading on Monday, hitting $47.89. 2,046,151 shares of the company’s stock traded hands. HollyFrontier Corp. has a 52-week low of $38.98 and a 52-week high of $59.20. The stock’s 50-day moving average is $46.84 and its 200-day moving average is $45.43. The company has a market cap of $9.516 billion and a P/E ratio of 8.74.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Wednesday, March 12th.
A number of analysts have recently weighed in on HFC shares. Analysts at Raymond James downgraded shares of HollyFrontier Corp. from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 23rd. They now have a $57.00 price target on the stock. On the ratings front, analysts at Citigroup Inc. downgraded shares of HollyFrontier Corp. from a “neutral” rating to a “sell” rating in a research note on Monday, January 6th. They now have a $40.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Tudor Pickering downgraded shares of HollyFrontier Corp. from an “accumulate” rating to a “hold” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $52.31.
HollyFrontier Corporation (NYSE:HFC), formerly Holly Corporation, is a petroleum refiner, which produces light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt.
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