Wall Street analysts expect SemGroup Corp (NYSE:SEMG) to report earnings per share (EPS) of $0.15 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for SemGroup’s earnings. The lowest EPS estimate is $0.03 and the highest is $0.34. SemGroup reported earnings of $0.03 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 400%. The firm is expected to report its next earnings results on Monday, February 25th.

On average, analysts expect that SemGroup will report full year earnings of ($0.28) per share for the current financial year, with EPS estimates ranging from ($0.56) to $0.01. For the next fiscal year, analysts forecast that the company will post earnings of $0.67 per share, with EPS estimates ranging from ($0.06) to $1.47. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover SemGroup.

SemGroup (NYSE:SEMG) last announced its quarterly earnings data on Wednesday, November 7th. The pipeline company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.09). The firm had revenue of $634.00 million during the quarter, compared to analysts’ expectations of $586.71 million. SemGroup had a positive return on equity of 2.44% and a negative net margin of 2.17%. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.25) earnings per share.

Several research analysts recently weighed in on the company. ValuEngine cut SemGroup from a “hold” rating to a “sell” rating in a research report on Saturday. Barclays reiterated a “hold” rating and set a $25.00 price target on shares of SemGroup in a research report on Friday, October 12th. Wells Fargo & Co reduced their price target on SemGroup from $27.00 to $24.00 and set a “market perform” rating for the company in a research report on Monday, September 24th. BMO Capital Markets reiterated a “hold” rating and set a $26.00 price target on shares of SemGroup in a research report on Friday, July 13th. Finally, Zacks Investment Research cut SemGroup from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 17th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. SemGroup currently has a consensus rating of “Hold” and a consensus target price of $26.90.

A number of institutional investors and hedge funds have recently modified their holdings of SEMG. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in SemGroup in the second quarter valued at approximately $36,753,000. BlackRock Inc. grew its holdings in SemGroup by 20.9% in the second quarter. BlackRock Inc. now owns 5,526,180 shares of the pipeline company’s stock valued at $140,363,000 after purchasing an additional 953,465 shares during the period. Kayne Anderson Capital Advisors LP grew its holdings in SemGroup by 24.3% in the third quarter. Kayne Anderson Capital Advisors LP now owns 2,843,619 shares of the pipeline company’s stock valued at $62,689,000 after purchasing an additional 555,991 shares during the period. Dimensional Fund Advisors LP grew its holdings in SemGroup by 9.0% in the second quarter. Dimensional Fund Advisors LP now owns 6,280,734 shares of the pipeline company’s stock valued at $159,530,000 after purchasing an additional 516,765 shares during the period. Finally, Tortoise Capital Advisors L.L.C. grew its holdings in SemGroup by 14.7% in the second quarter. Tortoise Capital Advisors L.L.C. now owns 3,681,697 shares of the pipeline company’s stock valued at $93,515,000 after purchasing an additional 471,309 shares during the period.

Shares of SEMG stock opened at $18.31 on Monday. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.13 and a quick ratio of 1.02. The company has a market cap of $1.66 billion, a P/E ratio of -76.29, a P/E/G ratio of 49.44 and a beta of 1.89. SemGroup has a twelve month low of $17.97 and a twelve month high of $30.95.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 26th. Shareholders of record on Friday, November 16th will be issued a $0.4725 dividend. This represents a $1.89 annualized dividend and a yield of 10.32%. The ex-dividend date of this dividend is Thursday, November 15th. SemGroup’s payout ratio is currently -787.50%.

SemGroup Company Profile

SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. Its Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It operates a 455-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, LLC; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and 3 pipelines with an aggregate of 106 miles of pipe, as well as crude oil trucking fleet of 215 transport trucks and 210 trailers.

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Earnings History and Estimates for SemGroup (NYSE:SEMG)

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