SunCoke Energy (NYSE:SXC) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Posted by Renee Jackson on Jan 30th, 2025

SunCoke Energy (NYSE:SXC – Get Free Report) released its earnings results on Thursday. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04, Zacks reports. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%.

SunCoke Energy Stock Performance

Shares of NYSE:SXC traded down $0.57 on Thursday, reaching $9.39. The company’s stock had a trading volume of 463,612 shares, compared to its average volume of 825,968. SunCoke Energy has a 52-week low of $7.47 and a 52-week high of $12.82. The stock has a market capitalization of $789.61 million, a P/E ratio of 9.38 and a beta of 1.08. The stock’s 50-day moving average is $11.14 and its two-hundred day moving average is $10.04. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27.

SunCoke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.11%. SunCoke Energy’s dividend payout ratio is currently 48.00%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Benchmark restated a “buy” rating and set a $13.00 target price on shares of SunCoke Energy in a research note on Tuesday, November 5th. StockNews.com upgraded SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

View Our Latest Analysis on SXC

About SunCoke Energy

(Get Free Report)

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.