Brokerages expect that Green Plains Partners LP (NASDAQ:GPP) will post earnings of $0.48 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Green Plains Partners’ earnings. The highest EPS estimate is $0.49 and the lowest is $0.47. Green Plains Partners posted earnings per share of $0.50 during the same quarter last year, which would suggest a negative year over year growth rate of 4%. The business is expected to announce its next earnings results on Wednesday, February 14th.

According to Zacks, analysts expect that Green Plains Partners will report full year earnings of $1.80 per share for the current fiscal year, with EPS estimates ranging from $1.78 to $1.82. For the next year, analysts forecast that the company will post earnings of $2.02 per share, with EPS estimates ranging from $1.94 to $2.13. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that that provide coverage for Green Plains Partners.

Green Plains Partners (NASDAQ:GPP) last released its earnings results on Wednesday, November 1st. The transportation company reported $0.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.04). The company had revenue of $26.45 million for the quarter, compared to analyst estimates of $28.36 million. Green Plains Partners had a net margin of 55.10% and a negative return on equity of 92.23%. Green Plains Partners’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.44 earnings per share.

Several equities analysts recently commented on the stock. Robert W. Baird reiterated a “buy” rating and set a $24.00 target price on shares of Green Plains Partners in a research note on Thursday, August 24th. Zacks Investment Research cut shares of Green Plains Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. BidaskClub cut shares of Green Plains Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Roth Capital set a $24.00 target price on shares of Green Plains Partners and gave the company a “buy” rating in a research note on Tuesday, October 24th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $21.00 target price on shares of Green Plains Partners in a research note on Thursday, October 12th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $21.80.

In other news, EVP Michelle Mapes sold 2,692 shares of the stock in a transaction on Monday, December 11th. The shares were sold at an average price of $19.10, for a total value of $51,417.20. Following the completion of the transaction, the executive vice president now owns 33,148 shares in the company, valued at approximately $633,126.80. The sale was disclosed in a filing with the SEC, which is available at this link.

Institutional investors and hedge funds have recently bought and sold shares of the company. Acrospire Investment Management LLC grew its holdings in shares of Green Plains Partners by 54.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 6,370 shares of the transportation company’s stock worth $119,000 after purchasing an additional 2,252 shares during the last quarter. WealthPLAN Partners LLC bought a new stake in shares of Green Plains Partners in the 2nd quarter worth about $210,000. Wedbush Securities Inc. bought a new stake in Green Plains Partners during the 2nd quarter worth about $213,000. Stifel Financial Corp bought a new stake in Green Plains Partners during the 3rd quarter worth about $250,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Green Plains Partners during the 2nd quarter worth about $327,000. 44.24% of the stock is currently owned by institutional investors and hedge funds.

Green Plains Partners (GPP) opened at $18.85 on Tuesday. The company has a market cap of $298.20, a price-to-earnings ratio of 10.35, a P/E/G ratio of 0.69 and a beta of 0.92. Green Plains Partners has a one year low of $17.65 and a one year high of $21.15. The company has a debt-to-equity ratio of -2.13, a quick ratio of 1.30 and a current ratio of 1.30.

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About Green Plains Partners

Green Plains Partners LP provides fuel storage and transportation services. The Company owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The Company’s parent company is Green Plains Inc (Green Plains).

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