CF Industries Holdings, Inc. (CF) To Go Ex-Dividend on February 13th

CF Industries Holdings, Inc. (NYSE:CF) announced a quarterly dividend on Tuesday, January 27th. Stockholders of record on Friday, February 13th will be paid a dividend of 0.50 per share by the basic materials company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 13th.

CF Industries has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. CF Industries has a dividend payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Analysts expect CF Industries to earn $5.86 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 34.1%.

CF Industries Stock Performance

CF opened at $93.22 on Thursday. The stock’s 50 day simple moving average is $81.01 and its 200-day simple moving average is $84.96. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The stock has a market cap of $14.54 billion, a PE ratio of 11.23 and a beta of 0.69. CF Industries has a 1 year low of $67.34 and a 1 year high of $104.45.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.59 billion. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The business’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.55 earnings per share. Sell-side analysts forecast that CF Industries will post 5.83 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price target on shares of CF Industries from $87.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, January 15th. HSBC lowered their price objective on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Cibc Captl Mkts upgraded CF Industries to a “hold” rating in a research report on Tuesday, December 2nd. Rothschild & Co Redburn upped their price target on CF Industries from $78.00 to $86.00 in a research report on Monday, November 10th. Finally, CIBC assumed coverage on CF Industries in a research note on Tuesday, December 2nd. They set a “neutral” rating and a $87.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus price target of $89.71.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.