Ciner Resources LP (NYSE:CINR) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of $0.49 per share for the quarter.

Ciner Resources (NYSE:CINR) last released its earnings results on Monday, August 7th. The basic materials company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.12). Ciner Resources had a return on equity of 15.65% and a net margin of 8.18%. The firm had revenue of $119.70 million for the quarter, compared to analysts’ expectations of $129.20 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts expect Ciner Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Ciner Resources LP (CINR) opened at $24.54 on Friday. The company has a current ratio of 2.96, a quick ratio of 2.62 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $503.13 million, a price-to-earnings ratio of 12.81 and a beta of 0.99.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, November 6th will be issued a dividend of $0.567 per share. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $2.27 annualized dividend and a dividend yield of 9.24%. This is a positive change from Ciner Resources’s previous quarterly dividend of $0.56. Ciner Resources’s dividend payout ratio is currently 114.07%.

Several equities analysts have recently weighed in on the stock. Citigroup Inc reiterated a “neutral” rating and set a $25.00 price objective (down previously from $29.00) on shares of Ciner Resources in a report on Thursday, August 10th. Zacks Investment Research lowered shares of Ciner Resources from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Finally, BidaskClub upgraded shares of Ciner Resources from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $25.00.

COPYRIGHT VIOLATION WARNING: This report was originally published by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The original version of this report can be accessed at

Ciner Resources Company Profile

Ciner Resources LP, through its subsidiary, Ciner Wyoming LLC (Ciner Wyoming), produces soda ash and serves a global market from its facility in the Green River Basin of Wyoming. The Company processes trona ore into soda ash, a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products.

Earnings History for Ciner Resources (NYSE:CINR)

Receive News & Ratings for Ciner Resources LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ciner Resources LP and related companies with's FREE daily email newsletter.