SunCoke Energy (NYSE:SXC) Director Ratta Ralph Della, Jr. Buys 7,288 Shares of Stock

SunCoke Energy, Inc. (NYSE:SXC) Director Ratta Ralph Della, Jr. bought 7,288 shares of SunCoke Energy stock in a transaction on Thursday, November 6th. The stock was purchased at an average price of $6.86 per share, with a total value of $49,995.68. Following the completion of the acquisition, the director directly owned 86,293 shares of the company’s stock, valued at $591,969.98. This represents a 9.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

SunCoke Energy Stock Up 1.7%

NYSE:SXC opened at $6.76 on Friday. The company’s 50-day simple moving average is $7.95 and its 200-day simple moving average is $8.20. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.45 and a current ratio of 2.61. SunCoke Energy, Inc. has a fifty-two week low of $6.57 and a fifty-two week high of $12.82. The stock has a market capitalization of $571.92 million, a P/E ratio of 7.85 and a beta of 1.08.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Tuesday, November 4th. The energy company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $487.00 million during the quarter, compared to analysts’ expectations of $349.30 million. SunCoke Energy had a net margin of 3.99% and a return on equity of 10.43%. SunCoke Energy’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.36 earnings per share. On average, equities analysts anticipate that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Monday, November 17th. SunCoke Energy’s dividend payout ratio is currently 63.16%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of SunCoke Energy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On SunCoke Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of SunCoke Energy by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 7,169,240 shares of the energy company’s stock valued at $65,957,000 after acquiring an additional 176,220 shares during the period. American Century Companies Inc. lifted its position in SunCoke Energy by 6.4% during the 2nd quarter. American Century Companies Inc. now owns 3,609,069 shares of the energy company’s stock worth $31,002,000 after acquiring an additional 218,263 shares during the period. LSV Asset Management raised its stake in shares of SunCoke Energy by 14.5% during the 2nd quarter. LSV Asset Management now owns 3,427,707 shares of the energy company’s stock worth $29,444,000 after buying an additional 433,395 shares during the period. Geode Capital Management LLC lifted its position in shares of SunCoke Energy by 3.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,136,374 shares of the energy company’s stock valued at $18,353,000 after buying an additional 67,296 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in SunCoke Energy by 0.7% in the 1st quarter. Bridgeway Capital Management LLC now owns 1,523,806 shares of the energy company’s stock valued at $14,019,000 after acquiring an additional 10,038 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.