SunCoke Energy, Inc. (NYSE:SXC – Get Free Report)’s share price traded down 16.2% during mid-day trading on Thursday . The stock traded as low as $7.47 and last traded at $7.8450. 577,740 shares changed hands during trading, a decline of 64% from the average session volume of 1,600,613 shares. The stock had previously closed at $9.36.
More SunCoke Energy News
Here are the key news stories impacting SunCoke Energy this week:
- Positive Sentiment: SunCoke reported second-quarter earnings of $0.15 per share, well above the $0.08 analyst consensus and up from $0.02 a year earlier. Revenue increased 9.5% year over year to $475.3 million, exceeding estimates of $445.2 million. SunCoke Energy Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised its 2026 adjusted EBITDA outlook to $250 million-$265 million. Management also highlighted record performance in its Industrial Services segment since the Phoenix deal, signaling stronger operating momentum and potentially improved cash generation. SunCoke Raises 2026 Adjusted EBITDA Outlook
- Neutral Sentiment: SunCoke declared a quarterly cash dividend of $0.12 per share, payable September 2 to shareholders of record August 17. The dividend supports the stock’s income appeal, although investors should note that shares will trade ex-dividend beginning August 17. SunCoke Energy Declares Cash Dividend
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of SunCoke Energy from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $9.00.
SunCoke Energy Trading Up 1.1%
The company has a debt-to-equity ratio of 1.07, a current ratio of 2.25 and a quick ratio of 1.31. The stock has a 50-day moving average price of $8.68 and a two-hundred day moving average price of $7.59. The stock has a market cap of $724.79 million, a PE ratio of -13.35 and a beta of 0.99.
SunCoke Energy (NYSE:SXC – Get Free Report) last posted its earnings results on Thursday, July 30th. The energy company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. SunCoke Energy had a positive return on equity of 6.37% and a negative net margin of 2.88%.The company had revenue of $475.30 million for the quarter, compared to the consensus estimate of $445.20 million. During the same period in the previous year, the business earned $0.02 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. Sell-side analysts forecast that SunCoke Energy, Inc. will post 0.2 earnings per share for the current fiscal year.
SunCoke Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Monday, August 17th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.48 dividend on an annualized basis and a yield of 5.6%. SunCoke Energy’s payout ratio is presently -62.34%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in shares of SunCoke Energy by 544.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,992 shares of the energy company’s stock valued at $26,000 after purchasing an additional 2,528 shares in the last quarter. Farther Finance Advisors LLC increased its position in SunCoke Energy by 69.4% in the fourth quarter. Farther Finance Advisors LLC now owns 3,831 shares of the energy company’s stock worth $28,000 after purchasing an additional 1,569 shares during the last quarter. Signaturefd LLC raised its stake in SunCoke Energy by 44.9% during the fourth quarter. Signaturefd LLC now owns 4,256 shares of the energy company’s stock valued at $31,000 after purchasing an additional 1,318 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in SunCoke Energy by 176.2% during the second quarter. Tower Research Capital LLC TRC now owns 5,615 shares of the energy company’s stock valued at $48,000 after purchasing an additional 3,582 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in SunCoke Energy by 20.3% during the first quarter. Royal Bank of Canada now owns 8,437 shares of the energy company’s stock valued at $55,000 after purchasing an additional 1,422 shares during the last quarter. 90.45% of the stock is currently owned by institutional investors.
SunCoke Energy Company Profile
SunCoke Energy, Inc is a leading independent producer of metallurgical coke and related products for the steel and foundry industries. The company specializes in manufacturing both blast furnace coke and foundry coke, offering high?quality, low?sulfur coal products that serve as essential inputs in steelmaking and metal casting processes. In addition to coke production, SunCoke provides comprehensive engineering, maintenance and environmental solutions tailored to the needs of integrated steel mills and foundries.
The company operates a network of coke production facilities across the United States, including plants in Indiana, Ohio, West Virginia and Louisiana.
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