NuStar Energy L.P. (NYSE:NS) has been given an average recommendation of “Hold” by the ten analysts that are presently covering the stock, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $26.71.

A number of analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of NuStar Energy from $26.00 to $27.00 and gave the stock a “hold” rating in a research note on Wednesday, August 8th. JPMorgan Chase & Co. boosted their target price on shares of NuStar Energy from $25.00 to $28.00 and gave the stock a “neutral” rating in a research note on Friday, August 24th. Zacks Investment Research cut shares of NuStar Energy from a “buy” rating to a “hold” rating in a research note on Friday, August 10th. US Capital Advisors reissued a “hold” rating on shares of NuStar Energy in a research note on Tuesday, July 17th. Finally, Barclays boosted their price target on shares of NuStar Energy from $25.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 8th.

Shares of NS stock traded down $0.67 on Tuesday, reaching $23.89. 909,998 shares of the company were exchanged, compared to its average volume of 693,385. The stock has a market capitalization of $2.65 billion, a P/E ratio of 37.33 and a beta of 1.73. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 2.12. NuStar Energy has a 1 year low of $19.22 and a 1 year high of $35.91.

NuStar Energy (NYSE:NS) last released its earnings results on Monday, November 5th. The pipeline company reported $0.13 EPS for the quarter, hitting analysts’ consensus estimates of $0.13. The business had revenue of $490.40 million during the quarter, compared to analysts’ expectations of $472.87 million. NuStar Energy had a net margin of 12.03% and a return on equity of 32.29%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 earnings per share. On average, analysts expect that NuStar Energy will post 1.56 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 14th. Investors of record on Thursday, November 8th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, November 7th. This represents a $2.40 dividend on an annualized basis and a yield of 10.05%. NuStar Energy’s payout ratio is presently 375.00%.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Chemical Bank acquired a new position in NuStar Energy in the 3rd quarter valued at about $218,000. Independent Advisor Alliance acquired a new position in NuStar Energy in the 3rd quarter valued at about $231,000. Cambridge Investment Research Advisors Inc. acquired a new position in NuStar Energy in the 3rd quarter valued at about $229,000. Sheaff Brock Investment Advisors LLC acquired a new position in NuStar Energy in the 3rd quarter valued at about $259,000. Finally, Prospera Financial Services Inc acquired a new position in NuStar Energy in the 3rd quarter valued at about $216,000. Hedge funds and other institutional investors own 49.08% of the company’s stock.

NuStar Energy Company Profile

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in Texas. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.

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Analyst Recommendations for NuStar Energy (NYSE:NS)

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