Green Plains (NASDAQ:GPRE) announced its quarterly earnings data on Monday. The specialty chemicals company reported ($0.96) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.89), Morningstar.com reports. Green Plains had a net margin of 0.23% and a negative return on equity of 4.22%. The company had revenue of $827.50 million for the quarter, compared to analyst estimates of $894.16 million. During the same quarter last year, the company posted ($0.16) EPS. Green Plains’s revenue was down 10.2% on a year-over-year basis.

Shares of NASDAQ:GPRE opened at $13.58 on Tuesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.49 and a current ratio of 1.37. Green Plains has a 12-month low of $12.00 and a 12-month high of $21.90. The firm has a market cap of $554.13 million, a price-to-earnings ratio of -15.79, a PEG ratio of 10.29 and a beta of 1.25.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, February 22nd will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.53%. The ex-dividend date is Thursday, February 21st. Green Plains’s dividend payout ratio (DPR) is currently -55.81%.

GPRE has been the subject of a number of recent research reports. TheStreet downgraded Green Plains from a “c” rating to a “d+” rating in a research report on Monday, November 12th. ValuEngine downgraded shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Friday. Zacks Investment Research raised shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. BidaskClub downgraded shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Friday, January 11th. Finally, Roth Capital cut their target price on shares of Green Plains from $25.00 to $16.00 and set a “buy” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $18.33.

In other news, insider Michelle Mapes sold 7,000 shares of the company’s stock in a transaction on Friday, November 16th. The shares were sold at an average price of $17.14, for a total value of $119,980.00. Following the transaction, the insider now directly owns 42,419 shares of the company’s stock, valued at $727,061.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Todd A. Becker sold 17,194 shares of the company’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $16.64, for a total transaction of $286,108.16. Following the completion of the transaction, the chief executive officer now directly owns 728,800 shares in the company, valued at $12,127,232. The disclosure for this sale can be found here. Over the last three months, insiders have sold 186,680 shares of company stock worth $2,880,720. Company insiders own 5.90% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of GPRE. Oregon Public Employees Retirement Fund acquired a new position in shares of Green Plains in the fourth quarter worth $194,000. Trexquant Investment LP acquired a new position in shares of Green Plains in the third quarter worth $251,000. Alps Advisors Inc. increased its stake in shares of Green Plains by 22.0% in the fourth quarter. Alps Advisors Inc. now owns 20,194 shares of the specialty chemicals company’s stock worth $265,000 after acquiring an additional 3,639 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Green Plains by 4.5% in the fourth quarter. Bank of Montreal Can now owns 22,059 shares of the specialty chemicals company’s stock worth $288,000 after acquiring an additional 952 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Green Plains in the third quarter worth $308,000.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2019/02/11/green-plains-gpre-posts-quarterly-earnings-results-beats-estimates-by-1-64-eps.html.

About Green Plains

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates through four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.

See Also: Growth Stocks

Earnings History for Green Plains (NASDAQ:GPRE)

Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.com's FREE daily email newsletter.