HF Sinclair Corporation (NYSE:DINO) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Analysts maintain a “Hold” consensus on HF Sinclair, with eight hold, six buy, one strong-buy, and one sell rating among 16 firms. The average 12-month price target is $81.25.
• HF Sinclair reported quarterly EPS of $5.31, beating estimates of $4.49, while revenue rose 53.2% year over year to $10.39 billion.
• The company raised its quarterly dividend to $0.525 per share, or $2.10 annually, implying a 2.6% yield; insiders have sold 22,672 shares worth about $1.71 million over the past 90 days.

HF Sinclair Corporation (NYSE:DINO - Get Free Report) has earned an average recommendation of "Hold" from the sixteen research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $81.25.

DINO has been the topic of a number of research analyst reports. Scotiabank boosted their price target on HF Sinclair from $53.00 to $54.00 and gave the company a "sector perform" rating in a report on Wednesday, April 22nd. Raymond James Financial set a $105.00 price objective on HF Sinclair in a report on Wednesday, July 29th. Freedom Capital lowered HF Sinclair from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 28th. Morgan Stanley boosted their target price on HF Sinclair from $69.00 to $78.00 and gave the company an "overweight" rating in a research note on Friday, June 12th. Finally, Barclays upped their target price on HF Sinclair from $81.00 to $86.00 and gave the company an "equal weight" rating in a report on Wednesday, July 29th.

HF Sinclair Stock Down 1.8%

Shares of HF Sinclair stock opened at $81.46 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.10 and a current ratio of 1.97. HF Sinclair has a 52-week low of $42.82 and a 52-week high of $94.22. The stock has a market capitalization of $14.48 billion, a price-to-earnings ratio of 7.77 and a beta of 0.70. The company's 50 day moving average price is $77.39 and its 200-day moving average price is $65.73.

HF Sinclair (NYSE:DINO - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.49 by $0.82. The firm had revenue of $10.39 billion for the quarter, compared to analysts' expectations of $8.68 billion. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The company's revenue for the quarter was up 53.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.10 earnings per share. Equities research analysts forecast that HF Sinclair will post 11.85 EPS for the current year.

HF Sinclair Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. This is an increase from HF Sinclair's previous quarterly dividend of $0.50. HF Sinclair's payout ratio is presently 19.08%.

Insiders Place Their Bets

In related news, EVP Valerie Pompa sold 10,000 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $69.05, for a total value of $690,500.00. Following the completion of the transaction, the executive vice president directly owned 43,098 shares of the company's stock, valued at $2,975,916.90. This represents a 18.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Dale Kunneman sold 8,936 shares of the firm's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $84.58, for a total transaction of $755,806.88. Following the completion of the sale, the senior vice president owned 42,561 shares of the company's stock, valued at $3,599,809.38. This trade represents a 17.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 22,672 shares of company stock worth $1,710,500. Company insiders own 0.26% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DINO. V Square Quantitative Management LLC purchased a new position in HF Sinclair in the fourth quarter worth about $26,000. REAP Financial Group LLC bought a new stake in shares of HF Sinclair during the fourth quarter valued at approximately $29,000. Clearstead Trust LLC purchased a new position in HF Sinclair in the 2nd quarter worth approximately $33,000. Nalls Sherbakoff Group LLC bought a new position in HF Sinclair in the 4th quarter valued at approximately $36,000. Finally, Fairway Wealth LLC purchased a new stake in HF Sinclair during the 1st quarter valued at $41,000. Institutional investors own 88.29% of the company's stock.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.

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