Share on StockTwits

Niska Gas Storage (NYSE:NKA) declared a dividend on Thursday, May 8th, AnalystRatingsNetwork reports. Stockholders of record on Monday, May 19th will be given a dividend of 0.35 per share on Tuesday, May 27th. The ex-dividend date of this dividend is Thursday, May 15th.

A number of research firms have recently commented on NKA. Analysts at Zacks downgraded shares of Niska Gas Storage from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 2nd. They now have a $14.00 price target on the stock. On a related note, analysts at Citigroup Inc. upgraded shares of Niska Gas Storage from a “sell” rating to a “neutral” rating in a research note on Friday, March 28th. They now have a $14.50 price target on the stock, up previously from $13.00. Finally, analysts at Barclays downgraded shares of Niska Gas Storage from an “equal weight” rating to an “underweight” rating in a research note on Monday, February 10th. They now have a $15.00 price target on the stock, down previously from $17.00. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Niska Gas Storage presently has an average rating of “Hold” and an average price target of $14.50.

Shares of Niska Gas Storage (NYSE:NKA) opened at 12.99 on Friday. Niska Gas Storage has a 52 week low of $11.30 and a 52 week high of $17.00. The stock’s 50-day moving average is $15.0 and its 200-day moving average is $14.84. The company’s market cap is $458.6 million.

Niska Gas Storage (NYSE:NKA) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.88 by $0.76. The company had revenue of $87.50 million for the quarter, compared to the consensus estimate of $78.30 million. The company’s quarterly revenue was up 94.0% on a year-over-year basis. On average, analysts predict that Niska Gas Storage will post $0.48 earnings per share for the current fiscal year.

Niska Gas Storage Partners LLC is an independent owner and operator of natural gas storage assets in North America.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.