FutureFuel Corp. (FF) To Go Ex-Dividend on November 29th
FutureFuel Corp. (NYSE:FF) announced a quarterly dividend on Monday, January 11th. Stockholders of record on Thursday, December 1st will be paid a dividend of 0.06 per share on Thursday, December 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, November 29th.
Shares of FutureFuel Corp. (NYSE:FF) opened at 14.13 on Monday. FutureFuel Corp. has a 52 week low of $9.77 and a 52 week high of $14.80. The firm has a market capitalization of $617.78 million, a P/E ratio of 9.21 and a beta of 1.40. The stock has a 50 day moving average price of $12.00 and a 200 day moving average price of $11.40.
FutureFuel Corp. (NYSE:FF) last released its quarterly earnings results on Wednesday, November 9th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.05. FutureFuel Corp. had a net margin of 30.92% and a return on equity of 16.41%. The firm earned $69.31 million during the quarter, compared to analysts’ expectations of $86 million. During the same period in the previous year, the company earned $0.11 EPS. The firm’s revenue for the quarter was down 35.3% compared to the same quarter last year. Analysts forecast that FutureFuel Corp. will post $1.08 EPS for the current year.
FF has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of FutureFuel Corp. from a “hold” rating to a “sell” rating in a report on Monday, October 10th. TheStreet upgraded shares of FutureFuel Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, November 16th.
In related news, VP Paul M. Flynn sold 7,500 shares of FutureFuel Corp. stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $13.71, for a total transaction of $102,825.00. Following the completion of the sale, the vice president now owns 98,771 shares in the company, valued at approximately $1,354,150.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 43.40% of the company’s stock.
Several large investors have recently bought and sold shares of FF. Vanguard Group Inc. raised its stake in FutureFuel Corp. by 4.1% in the second quarter. Vanguard Group Inc. now owns 1,867,697 shares of the company’s stock valued at $20,320,000 after buying an additional 73,267 shares in the last quarter. BlackRock Fund Advisors raised its stake in FutureFuel Corp. by 8.0% in the third quarter. BlackRock Fund Advisors now owns 1,719,367 shares of the company’s stock valued at $19,394,000 after buying an additional 126,763 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in FutureFuel Corp. by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,675,776 shares of the company’s stock valued at $18,232,000 after buying an additional 51,503 shares in the last quarter. Northern Trust Corp raised its stake in FutureFuel Corp. by 2.2% in the third quarter. Northern Trust Corp now owns 350,084 shares of the company’s stock valued at $3,948,000 after buying an additional 7,651 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its stake in FutureFuel Corp. by 2.6% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 294,157 shares of the company’s stock valued at $3,318,000 after buying an additional 7,410 shares in the last quarter. Institutional investors and hedge funds own 38.71% of the company’s stock.
About FutureFuel Corp.
FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.
Receive News & Stock Ratings for FutureFuel Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FutureFuel Corp. and related stocks with our FREE daily email newsletter.