GPRE has been the subject of a number of other research reports. ValuEngine downgraded shares of Green Plains from a hold rating to a sell rating in a research note on Friday, February 8th. Zacks Investment Research raised shares of Green Plains from a sell rating to a hold rating in a research note on Tuesday, November 6th. BidaskClub cut shares of Green Plains from a hold rating to a sell rating in a report on Friday, January 11th. Roth Capital cut their price target on shares of Green Plains from $25.00 to $16.00 and set a buy rating on the stock in a report on Monday. Finally, Craig Hallum cut their price target on shares of Green Plains from $24.00 to $19.00 and set a buy rating on the stock in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Green Plains presently has a consensus rating of Hold and an average price target of $18.33.
Shares of NASDAQ GPRE opened at $15.01 on Monday. Green Plains has a fifty-two week low of $12.00 and a fifty-two week high of $21.90. The company has a market cap of $554.13 million, a price-to-earnings ratio of -17.45, a price-to-earnings-growth ratio of 10.29 and a beta of 1.25. The company has a quick ratio of 0.49, a current ratio of 1.37 and a debt-to-equity ratio of 0.76.
Green Plains (NASDAQ:GPRE) last announced its earnings results on Monday, February 11th. The specialty chemicals company reported ($0.96) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.89). Green Plains had a net margin of 0.23% and a negative return on equity of 4.22%. The business had revenue of $827.50 million for the quarter, compared to the consensus estimate of $894.16 million. During the same period in the prior year, the business posted ($0.16) EPS. Green Plains’s revenue for the quarter was down 10.2% on a year-over-year basis. On average, sell-side analysts anticipate that Green Plains will post -1 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, February 22nd will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Thursday, February 21st. Green Plains’s payout ratio is -55.81%.
In other news, EVP Walter S. Cronin sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of $16.48, for a total transaction of $49,440.00. Following the sale, the executive vice president now owns 50,089 shares in the company, valued at $825,466.72. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Jeffrey S. Briggs sold 18,434 shares of the stock in a transaction that occurred on Thursday, December 20th. The shares were sold at an average price of $13.00, for a total transaction of $239,642.00. Following the sale, the insider now owns 95,786 shares in the company, valued at approximately $1,245,218. The disclosure for this sale can be found here. In the last quarter, insiders have sold 186,680 shares of company stock worth $2,880,720. Corporate insiders own 5.90% of the company’s stock.
Several large investors have recently bought and sold shares of GPRE. Trexquant Investment LP purchased a new stake in Green Plains in the third quarter worth approximately $251,000. Oregon Public Employees Retirement Fund purchased a new stake in Green Plains in the fourth quarter worth approximately $194,000. Alps Advisors Inc. purchased a new stake in Green Plains in the third quarter worth approximately $285,000. Dynamic Technology Lab Private Ltd purchased a new stake in Green Plains in the third quarter worth approximately $308,000. Finally, Jane Street Group LLC purchased a new stake in Green Plains in the third quarter worth approximately $318,000.
Green Plains Company Profile
Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates through four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.
Read More: How to interpret a stock’s beta number
Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.com's FREE daily email newsletter.