FutureFuel (NYSE:FF) Releases Quarterly Earnings Results

FutureFuel (NYSE:FF) posted its quarterly earnings data on Monday. The energy company reported $0.25 earnings per share for the quarter, FiscalAI reports. The company had revenue of $78.73 million for the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%.

FutureFuel Stock Performance

FF stock opened at $5.18 on Tuesday. The company has a market capitalization of $227.19 million, a PE ratio of -4.35 and a beta of 0.82. FutureFuel has a one year low of $3.09 and a one year high of $5.40. The company’s 50 day moving average price is $4.60 and its two-hundred day moving average price is $4.24.

FutureFuel Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.8%. FutureFuel’s dividend payout ratio (DPR) is -3.36%.

Insider Activity

In other FutureFuel news, CEO Roeland Polet bought 10,000 shares of FutureFuel stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average price of $4.28 per share, with a total value of $42,800.00. Following the acquisition, the chief executive officer owned 35,000 shares in the company, valued at approximately $149,800. This trade represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 42.40% of the company’s stock.

Institutional Trading of FutureFuel

Institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC grew its stake in shares of FutureFuel by 7.4% during the first quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock valued at $977,000 after buying an additional 17,192 shares during the last quarter. Jane Street Group LLC boosted its holdings in FutureFuel by 447.4% during the 1st quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock valued at $240,000 after acquiring an additional 50,249 shares during the period. Geode Capital Management LLC boosted its holdings in FutureFuel by 10.7% during the 2nd quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after acquiring an additional 92,481 shares during the period. First Trust Advisors LP grew its position in FutureFuel by 4.1% during the 2nd quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock worth $329,000 after acquiring an additional 3,328 shares during the last quarter. Finally, Marshall Wace LLP grew its position in FutureFuel by 56.3% during the 2nd quarter. Marshall Wace LLP now owns 96,306 shares of the energy company’s stock worth $374,000 after acquiring an additional 34,688 shares during the last quarter. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FF shares. Wall Street Zen upgraded shares of FutureFuel from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Weiss Ratings raised shares of FutureFuel from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, FutureFuel presently has a consensus rating of “Sell”.

FutureFuel Company Profile

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.