HF Sinclair Corporation (NYSE:DINO) Given Consensus Rating of “Hold” by Brokerages

Shares of HF Sinclair Corporation (NYSE:DINO) have earned an average rating of “Hold” from the fifteen research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $58.7273.

DINO has been the topic of several analyst reports. Barclays lowered their price target on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Piper Sandler reduced their price objective on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. BMO Capital Markets decreased their target price on shares of HF Sinclair from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, February 23rd. Wall Street Zen cut shares of HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a research note on Monday, December 29th.

Institutional Trading of HF Sinclair

A number of hedge funds have recently added to or reduced their stakes in DINO. Quent Capital LLC purchased a new stake in HF Sinclair in the 3rd quarter valued at about $28,000. V Square Quantitative Management LLC acquired a new position in shares of HF Sinclair during the 4th quarter valued at about $26,000. REAP Financial Group LLC purchased a new position in shares of HF Sinclair during the 4th quarter worth about $29,000. Johnson Financial Group Inc. acquired a new stake in shares of HF Sinclair in the second quarter worth approximately $33,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of HF Sinclair in the fourth quarter worth approximately $43,000. 88.29% of the stock is owned by institutional investors and hedge funds.

HF Sinclair Stock Up 0.6%

DINO opened at $53.13 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.94 and a debt-to-equity ratio of 0.30. The firm has a market cap of $9.58 billion, a P/E ratio of 17.30 and a beta of 0.83. HF Sinclair has a 52 week low of $24.66 and a 52 week high of $59.33. The business’s fifty day simple moving average is $52.11 and its 200 day simple moving average is $51.79.

HF Sinclair (NYSE:DINO) last announced its earnings results on Wednesday, February 18th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.37. The firm had revenue of $6.46 billion during the quarter, compared to the consensus estimate of $6.19 billion. HF Sinclair had a net margin of 2.15% and a return on equity of 10.20%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.02) EPS. As a group, equities research analysts anticipate that HF Sinclair will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Monday, March 2nd will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, March 2nd. HF Sinclair’s dividend payout ratio is presently 65.15%.

HF Sinclair Company Profile

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.