NuStar Energy (NYSE:NS) Releases Quarterly Earnings Results, Misses Estimates By $0.15 EPS

NuStar Energy (NYSE:NS) announced its quarterly earnings data on Thursday. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.15), Briefing.com reports. NuStar Energy had a return on equity of 88.49% and a net margin of 12.90%. The firm had revenue of $390.80 million during the quarter, compared to analysts’ expectations of $413.12 million. The business’s revenue for the quarter was down .8% compared to the same quarter last year.

NuStar Energy Price Performance

NYSE:NS remained flat at $21.96 during trading hours on Friday. The company has a debt-to-equity ratio of 12.93, a quick ratio of 0.76 and a current ratio of 0.81. The stock has a market cap of $2.78 billion, a P/E ratio of 30.93 and a beta of 1.69. NuStar Energy has a 1-year low of $14.70 and a 1-year high of $24.50. The company’s fifty day simple moving average is $22.94 and its 200 day simple moving average is $20.56.

NuStar Energy Announces Dividend

The business also recently declared a None dividend, which was paid on Thursday, May 2nd. Investors of record on Friday, April 26th were paid a $0.212 dividend. The ex-dividend date was Thursday, April 25th. NuStar Energy’s dividend payout ratio is currently 225.35%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NS. Raymond James restated a “market perform” rating on shares of NuStar Energy in a research note on Tuesday, February 20th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $19.00 price objective on shares of NuStar Energy in a research note on Wednesday, January 10th. Wells Fargo & Company upgraded NuStar Energy from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $18.00 to $21.00 in a research report on Tuesday, January 23rd. Stifel Nicolaus reiterated a “hold” rating and set a $23.00 price target (up from $20.00) on shares of NuStar Energy in a research report on Wednesday, January 24th. Finally, StockNews.com assumed coverage on NuStar Energy in a research report on Monday, April 29th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $19.33.

NuStar Energy Company Profile

NuStar Energy L.P. engages in the transportation, terminalling, and storage of petroleum products and renewable fuels, and transportation of anhydrous ammonia in the United States and internationally. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment engages in the transportation of refined products, crude oil, and anhydrous ammonia.