CF Industries Holdings (CF) Posts Quarterly Earnings Results, Beats Estimates By $1.19 EPS
CF Industries Holdings (NYSE:CF) posted its quarterly earnings results on Thursday. The company reported $5.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $4.52 by $1.19, American Banking & Market News reports. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.25 billion.
CF has been the subject of a number of recent research reports. Analysts at Credit Suisse raised their price target on shares of CF Industries Holdings from $220.00 to $228.00 in a research note on Thursday, February 20th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of CF Industries Holdings in a research note on Thursday, February 20th. They now have a $250.00 price target on the stock. Finally, analysts at Raymond James upgraded shares of CF Industries Holdings to a “buy” rating in a research note on Thursday, February 20th. They now have a $261.00 price target on the stock, up previously from $259.00. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $238.50.
Shares of CF Industries Holdings (NYSE:CF) opened at 244.28 on Thursday. CF Industries Holdings has a one year low of $169.33 and a one year high of $249.60. The stock’s 50-day moving average is $236.7 and its 200-day moving average is $217.9. The company has a market cap of $13.900 billion and a P/E ratio of 9.82.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.65%. The ex-dividend date is Wednesday, February 12th.
CF Industries Holdings, Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
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