Equities analysts expect U.S. Silica Holdings, Inc. (NYSE:SLCA) to post earnings per share (EPS) of $0.56 for the current quarter, according to Zacks. Five analysts have provided estimates for U.S. Silica’s earnings, with estimates ranging from $0.51 to $0.65. U.S. Silica reported earnings per share of ($0.09) in the same quarter last year, which suggests a positive year over year growth rate of 722.2%. The company is scheduled to issue its next earnings report on Wednesday, February 28th.

According to Zacks, analysts expect that U.S. Silica will report full year earnings of $1.53 per share for the current year, with EPS estimates ranging from $1.45 to $1.62. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.23 per share, with EPS estimates ranging from $2.42 to $3.65. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for U.S. Silica.

U.S. Silica (NYSE:SLCA) last posted its quarterly earnings results on Monday, November 6th. The mining company reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.02. U.S. Silica had a net margin of 6.24% and a return on equity of 5.73%. The business had revenue of $345.00 million during the quarter, compared to analysts’ expectations of $328.91 million. During the same quarter last year, the company posted ($0.13) earnings per share. The business’s quarterly revenue was up 150.5% on a year-over-year basis.

Several brokerages recently issued reports on SLCA. Citigroup raised their target price on shares of U.S. Silica from $39.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Wolfe Research cut shares of U.S. Silica from a “market perform” rating to an “underperform” rating in a report on Tuesday, November 14th. Piper Jaffray Companies reissued a “buy” rating and set a $40.50 target price on shares of U.S. Silica in a report on Friday, November 10th. Jefferies Group set a $43.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a report on Monday, November 13th. Finally, Royal Bank Of Canada cut their price objective on shares of U.S. Silica from $55.00 to $47.00 and set an “outperform” rating for the company in a report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $48.05.

U.S. Silica (SLCA) opened at $32.95 on Wednesday. The company has a current ratio of 3.67, a quick ratio of 3.26 and a debt-to-equity ratio of 0.39. U.S. Silica has a fifty-two week low of $24.26 and a fifty-two week high of $61.49. The stock has a market cap of $2,755.26, a price-to-earnings ratio of 37.28 and a beta of 2.32.

U.S. Silica announced that its Board of Directors has initiated a stock buyback plan on Monday, November 6th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the mining company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 15th will be given a $0.063 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.76%. U.S. Silica’s dividend payout ratio (DPR) is 31.25%.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in U.S. Silica by 3.0% during the second quarter. BlackRock Inc. now owns 9,350,646 shares of the mining company’s stock worth $331,854,000 after acquiring an additional 274,356 shares during the last quarter. Vanguard Group Inc. boosted its position in U.S. Silica by 1.6% during the second quarter. Vanguard Group Inc. now owns 7,191,404 shares of the mining company’s stock worth $255,223,000 after acquiring an additional 114,029 shares during the last quarter. State Street Corp boosted its position in U.S. Silica by 35.4% during the second quarter. State Street Corp now owns 2,663,238 shares of the mining company’s stock worth $94,554,000 after acquiring an additional 696,893 shares during the last quarter. Van Berkom & Associates Inc. boosted its position in U.S. Silica by 4.1% during the third quarter. Van Berkom & Associates Inc. now owns 1,850,760 shares of the mining company’s stock worth $57,503,000 after acquiring an additional 73,679 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in U.S. Silica by 19.8% during the third quarter. Dimensional Fund Advisors LP now owns 1,435,705 shares of the mining company’s stock worth $44,606,000 after acquiring an additional 237,041 shares during the last quarter.

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U.S. Silica Company Profile

U.S. Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.

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