Wall Street analysts forecast that Andersons Inc (NASDAQ:ANDE) will report earnings per share (EPS) of $0.38 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have made estimates for Andersons’ earnings. Andersons posted earnings of $0.36 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 5.6%. The firm is scheduled to report its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Andersons will report full year earnings of $0.89 per share for the current year, with EPS estimates ranging from $0.88 to $0.90. For the next fiscal year, analysts anticipate that the company will report earnings of $1.63 per share, with EPS estimates ranging from $1.40 to $1.85. Zacks’ EPS averages are an average based on a survey of research analysts that follow Andersons.

Andersons (NASDAQ:ANDE) last posted its quarterly earnings results on Monday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). Andersons had a negative net margin of 0.45% and a positive return on equity of 3.91%. The business had revenue of $836.60 million during the quarter, compared to the consensus estimate of $899.95 million. During the same quarter last year, the company posted $0.06 EPS. The firm’s revenue was down 2.7% on a year-over-year basis.

A number of equities research analysts recently weighed in on ANDE shares. Buckingham Research cut Andersons from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 8th. Zacks Investment Research cut Andersons from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 16th. Finally, BMO Capital Markets dropped their price target on Andersons from $39.00 to $34.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The company presently has an average rating of “Hold” and an average price target of $34.50.

Andersons (NASDAQ:ANDE) traded up $0.45 on Wednesday, reaching $33.60. The company had a trading volume of 142,137 shares, compared to its average volume of 134,473. Andersons has a twelve month low of $29.60 and a twelve month high of $41.45. The company has a current ratio of 1.36, a quick ratio of 0.56 and a debt-to-equity ratio of 0.50. The company has a market cap of $925.82, a PE ratio of -56.00 and a beta of 1.29.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.165 per share. This is a boost from Andersons’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.66 annualized dividend and a yield of 1.96%. Andersons’s dividend payout ratio (DPR) is presently -110.00%.

A number of hedge funds have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. increased its position in Andersons by 0.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 349,347 shares of the basic materials company’s stock worth $10,883,000 after buying an additional 2,508 shares during the period. Bank of Montreal Can increased its position in Andersons by 1.5% during the 4th quarter. Bank of Montreal Can now owns 227,240 shares of the basic materials company’s stock worth $7,078,000 after buying an additional 3,314 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its position in Andersons by 32.3% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 64,765 shares of the basic materials company’s stock worth $2,219,000 after buying an additional 15,812 shares during the period. California Public Employees Retirement System increased its position in Andersons by 4.2% during the 3rd quarter. California Public Employees Retirement System now owns 60,255 shares of the basic materials company’s stock worth $2,064,000 after buying an additional 2,455 shares during the period. Finally, Point72 Asset Management L.P. bought a new position in Andersons during the 3rd quarter worth $2,140,000. Hedge funds and other institutional investors own 77.75% of the company’s stock.

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Andersons Company Profile

The Andersons, Inc is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products. The Company operates through segments, including Grain, Ethanol, Rail and Plant Nutrient. Its Grain business operates grain elevators in various states in the United States Corn Belt.

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