Analysts expect Andersons Inc (NASDAQ:ANDE) to report earnings per share (EPS) of $0.38 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Andersons’ earnings. Andersons posted earnings of $0.36 per share in the same quarter last year, which indicates a positive year over year growth rate of 5.6%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Andersons will report full year earnings of $0.89 per share for the current fiscal year, with EPS estimates ranging from $0.88 to $0.90. For the next year, analysts expect that the business will post earnings of $1.63 per share, with EPS estimates ranging from $1.40 to $1.85. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Andersons.

Andersons (NASDAQ:ANDE) last posted its quarterly earnings data on Monday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.07). Andersons had a negative net margin of 0.45% and a positive return on equity of 3.91%. The business had revenue of $836.60 million for the quarter, compared to the consensus estimate of $899.95 million. During the same quarter last year, the business posted $0.06 EPS. The business’s revenue for the quarter was down 2.7% on a year-over-year basis.

Several equities analysts have recently weighed in on ANDE shares. Zacks Investment Research lowered shares of Andersons from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 16th. Buckingham Research cut shares of Andersons from a “buy” rating to a “neutral” rating in a report on Wednesday, November 8th. Finally, BMO Capital Markets decreased their target price on shares of Andersons from $39.00 to $34.00 and set a “market perform” rating for the company in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. Andersons currently has an average rating of “Hold” and a consensus price target of $34.50.

Several institutional investors and hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its holdings in shares of Andersons by 0.9% in the second quarter. The Manufacturers Life Insurance Company now owns 20,957 shares of the basic materials company’s stock worth $716,000 after buying an additional 181 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in shares of Andersons by 10.2% in the second quarter. Public Employees Retirement System of Ohio now owns 5,928 shares of the basic materials company’s stock worth $202,000 after buying an additional 549 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Andersons by 8.3% in the second quarter. Voya Investment Management LLC now owns 13,315 shares of the basic materials company’s stock worth $455,000 after buying an additional 1,026 shares during the period. Thrivent Financial For Lutherans boosted its holdings in shares of Andersons by 7.1% in the second quarter. Thrivent Financial For Lutherans now owns 15,850 shares of the basic materials company’s stock worth $541,000 after buying an additional 1,050 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Andersons by 0.6% in the second quarter. Principal Financial Group Inc. now owns 200,604 shares of the basic materials company’s stock worth $6,850,000 after buying an additional 1,244 shares during the period. Institutional investors own 77.75% of the company’s stock.

Andersons (NASDAQ ANDE) traded up $0.45 during trading hours on Wednesday, hitting $33.60. 142,137 shares of the stock traded hands, compared to its average volume of 134,473. Andersons has a one year low of $29.60 and a one year high of $41.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.56 and a current ratio of 1.36. The company has a market cap of $925.82, a price-to-earnings ratio of -56.00 and a beta of 1.29.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 2nd will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.96%. This is a boost from Andersons’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, December 29th. Andersons’s dividend payout ratio (DPR) is presently -110.00%.

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Andersons Company Profile

The Andersons, Inc is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products. The Company operates through segments, including Grain, Ethanol, Rail and Plant Nutrient. Its Grain business operates grain elevators in various states in the United States Corn Belt.

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