U.S. Silica (NYSE:SLCA) had its target price lowered by R. F. Lafferty from $41.00 to $37.00 in a research report released on Monday morning. The firm currently has a buy rating on the mining company’s stock.

SLCA has been the topic of a number of other research reports. Wells Fargo & Co lowered shares of U.S. Silica from an outperform rating to a market perform rating and set a $32.00 price objective on the stock. in a research note on Friday, June 29th. KeyCorp cut their price objective on shares of U.S. Silica from $40.00 to $35.00 and set a buy rating on the stock in a research note on Friday, July 27th. Johnson Rice lowered shares of U.S. Silica from a buy rating to an accumulate rating and set a $30.00 price objective on the stock. in a research note on Monday, August 20th. Guggenheim lowered shares of U.S. Silica from a buy rating to a neutral rating in a research note on Friday, July 6th. Finally, ValuEngine lowered shares of U.S. Silica from a sell rating to a strong sell rating in a research note on Saturday, June 2nd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $37.33.

NYSE:SLCA opened at $20.99 on Monday. The firm has a market capitalization of $1.74 billion, a PE ratio of 13.99 and a beta of 2.23. U.S. Silica has a 1-year low of $20.08 and a 1-year high of $38.70. The company has a current ratio of 2.88, a quick ratio of 2.27 and a debt-to-equity ratio of 0.99.

U.S. Silica (NYSE:SLCA) last released its quarterly earnings data on Tuesday, July 31st. The mining company reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.03). The business had revenue of $427.40 million during the quarter, compared to analyst estimates of $455.35 million. U.S. Silica had a return on equity of 13.14% and a net margin of 10.79%. The firm’s revenue was up 47.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 EPS. research analysts predict that U.S. Silica will post 2.67 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 3rd. Stockholders of record on Friday, September 14th will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, September 13th. U.S. Silica’s dividend payout ratio is currently 16.67%.

Large investors have recently bought and sold shares of the company. Point72 Asia Hong Kong Ltd purchased a new position in shares of U.S. Silica in the first quarter worth about $138,000. Cypress Capital Management LLC WY purchased a new position in U.S. Silica during the second quarter worth about $183,000. Private Advisor Group LLC purchased a new position in U.S. Silica during the second quarter worth about $200,000. WINTON GROUP Ltd purchased a new position in U.S. Silica during the first quarter worth about $204,000. Finally, PNC Financial Services Group Inc. raised its stake in U.S. Silica by 288.2% during the first quarter. PNC Financial Services Group Inc. now owns 8,339 shares of the mining company’s stock worth $213,000 after purchasing an additional 6,191 shares during the period. 99.21% of the stock is currently owned by hedge funds and other institutional investors.

About U.S. Silica

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. It offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery; and resin coated proppants, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.

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Analyst Recommendations for U.S. Silica (NYSE:SLCA)

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