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Genesis Energy, L.P. (NYSE:GEL) is set to release its Q114 earnings data on Friday, May 2nd. Analysts expect Genesis Energy, L.P. to post earnings of $0.35 per share and revenue of $1.35 billion for the quarter.

Genesis Energy, L.P. (NYSE:GEL) last announced its earnings results on Tuesday, February 18th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.17. The company had revenue of $961.04 billion for the quarter, compared to the consensus estimate of $1.45 billion. On average, analysts expect Genesis Energy, L.P. to post $1.66 EPS for the current fiscal year and $2.08 EPS for the next fiscal year.

Genesis Energy, L.P. (NYSE:GEL) opened at 55.42 on Thursday. Genesis Energy, L.P. has a one year low of $45.37 and a one year high of $56.94. The stock has a 50-day moving average of $54.56 and a 200-day moving average of $52.8. The company has a market cap of $4.915 billion and a price-to-earnings ratio of 53.74.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Tuesday, April 29th.

GEL has been the subject of a number of recent research reports. Analysts at Citigroup Inc. downgraded shares of Genesis Energy, L.P. from a “buy” rating to a “neutral” rating in a research note on Friday, March 28th. They now have a $56.00 price target on the stock, down previously from $61.00. On the ratings front, analysts at UBS AG raised their price target on shares of Genesis Energy, L.P. from $56.00 to $60.00 in a research note on Wednesday, February 19th. They now have a “buy” rating on the stock. Finally, analysts at Raymond James raised their price target on shares of Genesis Energy, L.P. from $54.00 to $58.00 in a research note on Wednesday, February 19th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $56.60.

Genesis Energy, L.P. (NYSE:GEL) is a limited partnership focused on the midstream segment of the oil and gas industry in the Gulf Coast region of the United States, primarily Texas, Louisiana, Arkansas, Mississippi, Alabama, Florida and in the Gulf of Mexico.

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