NuStar Energy (NYSE:NS) Releases Earnings Results, Misses Expectations By $0.15 EPS

NuStar Energy (NYSE:NS) announced its earnings results on Thursday. The pipeline company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.15), Briefing.com reports. The company had revenue of $390.80 million for the quarter, compared to analysts’ expectations of $413.12 million. NuStar Energy had a net margin of 12.90% and a return on equity of 88.49%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year.

NuStar Energy Stock Performance

Shares of NS stock remained flat at $21.96 during mid-day trading on Friday. The stock’s 50-day simple moving average is $22.94 and its two-hundred day simple moving average is $20.56. The firm has a market cap of $2.78 billion, a P/E ratio of 30.93 and a beta of 1.69. NuStar Energy has a twelve month low of $14.70 and a twelve month high of $24.50. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 12.93.

NuStar Energy Dividend Announcement

The company also recently announced a None dividend, which was paid on Thursday, May 2nd. Investors of record on Friday, April 26th were given a $0.212 dividend. The ex-dividend date was Thursday, April 25th. NuStar Energy’s dividend payout ratio (DPR) is currently 225.35%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NS. Raymond James reissued a “market perform” rating on shares of NuStar Energy in a research report on Tuesday, February 20th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $19.00 price objective on shares of NuStar Energy in a research report on Wednesday, January 10th. Stifel Nicolaus reiterated a “hold” rating and issued a $23.00 price objective (up previously from $20.00) on shares of NuStar Energy in a research note on Wednesday, January 24th. Wells Fargo & Company raised shares of NuStar Energy from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $18.00 to $21.00 in a research note on Tuesday, January 23rd. Finally, StockNews.com began coverage on shares of NuStar Energy in a research note on Monday, April 29th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $19.33.

NuStar Energy Company Profile

NuStar Energy L.P. engages in the transportation, terminalling, and storage of petroleum products and renewable fuels, and transportation of anhydrous ammonia in the United States and internationally. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment engages in the transportation of refined products, crude oil, and anhydrous ammonia.