Somewhat Positive Press Coverage Somewhat Unlikely to Impact Green Plains (GPRE) Stock Price
News articles about Green Plains (NASDAQ:GPRE) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Green Plains earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 45.2403739845458 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Green Plains Inc. (GPRE) Weighs On Beatable Move and Volatility Analysis – Investing News Update (investingbizz.com)
- Green Plains Inc. (GPRE) – Lookout Watch List stock – Wall Street Morning (wallstreetmorning.com)
- Financial Survey: Green Plains (GPRE) versus Valvoline (VVV) (americanbankingnews.com)
- Analysts Reveals Updates on Green Plains Inc Cmn (GPRE) and Ladder Capital Corp (LADR) – Post Registrar (postregistrar.com)
- Green Plains (GPRE) Lifted to “Hold” at Zacks Investment Research (americanbankingnews.com)
A number of analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Monday. BidaskClub upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Tuesday, March 6th. ValuEngine upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Thursday, March 1st. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $27.00 price target on shares of Green Plains in a research report on Wednesday, February 7th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Green Plains presently has a consensus rating of “Buy” and an average price target of $26.67.
Green Plains (NASDAQ:GPRE) last posted its earnings results on Wednesday, February 7th. The specialty chemicals company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.01. Green Plains had a negative return on equity of 3.33% and a net margin of 1.70%. The business had revenue of $920.98 million during the quarter, compared to analysts’ expectations of $953.30 million. During the same period in the prior year, the business earned $0.47 EPS. Green Plains’s revenue for the quarter was down 1.2% compared to the same quarter last year. analysts anticipate that Green Plains will post 0.58 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Friday, February 23rd were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 2.79%. Green Plains’s payout ratio is 39.02%.
In related news, insider Michelle Mapes sold 7,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $19.27, for a total transaction of $134,890.00. Following the completion of the sale, the insider now directly owns 35,515 shares of the company’s stock, valued at approximately $684,374.05. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.40% of the stock is currently owned by corporate insiders.
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Green Plains Company Profile
Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.
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