Brokerages expect Green Plains Inc (NASDAQ:GPRE) to post earnings of ($0.11) per share for the current quarter, Zacks reports. Two analysts have provided estimates for Green Plains’ earnings. The highest EPS estimate is $0.05 and the lowest is ($0.21). Green Plains reported earnings per share of $0.47 in the same quarter last year, which indicates a negative year over year growth rate of 123.4%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, February 14th.

On average, analysts expect that Green Plains will report full year earnings of ($0.84) per share for the current financial year, with EPS estimates ranging from ($0.90) to ($0.76). For the next fiscal year, analysts forecast that the business will post earnings of $0.56 per share, with EPS estimates ranging from $0.35 to $0.71. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Green Plains.

Green Plains (NASDAQ:GPRE) last announced its earnings results on Wednesday, November 1st. The specialty chemicals company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.47). The company had revenue of $901.20 million for the quarter, compared to analyst estimates of $933.36 million. Green Plains had a net margin of 0.92% and a negative return on equity of 0.88%. Green Plains’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.20 EPS.

Several research firms have recently issued reports on GPRE. Craig Hallum began coverage on Green Plains in a report on Thursday, September 14th. They set a “buy” rating and a $29.00 price objective on the stock. Roth Capital set a $25.00 price objective on Green Plains and gave the stock a “buy” rating in a report on Tuesday, October 24th. Piper Jaffray Companies set a $19.00 price objective on Green Plains and gave the stock a “hold” rating in a report on Friday, October 6th. Zacks Investment Research upgraded Green Plains from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, ValuEngine upgraded Green Plains from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $25.33.

In other news, Director Ejnar A. Knudsen III bought 15,483 shares of Green Plains stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average price of $16.54 per share, for a total transaction of $256,088.82. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Wayne Hoovestol bought 102,653 shares of Green Plains stock in a transaction that occurred on Friday, November 17th. The stock was purchased at an average price of $16.37 per share, for a total transaction of $1,680,429.61. Following the acquisition, the director now directly owns 218,277 shares of the company’s stock, valued at approximately $3,573,194.49. The disclosure for this purchase can be found here. Insiders have bought 157,136 shares of company stock worth $2,590,578 in the last 90 days. Insiders own 6.40% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio boosted its holdings in Green Plains by 1.4% in the second quarter. Public Employees Retirement System of Ohio now owns 7,612 shares of the specialty chemicals company’s stock valued at $156,000 after acquiring an additional 104 shares during the last quarter. UBS Asset Management Americas Inc. boosted its holdings in Green Plains by 28.6% in the second quarter. UBS Asset Management Americas Inc. now owns 10,599 shares of the specialty chemicals company’s stock valued at $218,000 after acquiring an additional 2,360 shares during the last quarter. Bayesian Capital Management LP acquired a new position in Green Plains in the second quarter valued at $255,000. Marshall Wace North America L.P. acquired a new position in Green Plains in the second quarter valued at $305,000. Finally, Crossmark Global Holdings Inc. acquired a new position in Green Plains in the third quarter valued at $329,000.

Shares of Green Plains (NASDAQ:GPRE) opened at $16.85 on Friday. The company has a market capitalization of $693.58, a price-to-earnings ratio of 23.73 and a beta of 1.52. The company has a current ratio of 1.57, a quick ratio of 0.70 and a debt-to-equity ratio of 0.82. Green Plains has a fifty-two week low of $15.60 and a fifty-two week high of $28.15.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Monday, November 27th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, November 24th. Green Plains’s dividend payout ratio (DPR) is 67.61%.

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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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Earnings History and Estimates for Green Plains (NASDAQ:GPRE)

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