NuStar Energy (NYSE:NS) Posts Quarterly Earnings Results, Misses Estimates By $0.15 EPS

NuStar Energy (NYSE:NS - Get Free Report) released its quarterly earnings data on Thursday. The pipeline company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.15), Briefing.com reports. The firm had revenue of $390.80 million during the quarter, compared to analyst estimates of $413.12 million. NuStar Energy had a return on equity of 88.49% and a net margin of 12.90%. The business's quarterly revenue was down .8% compared to the same quarter last year.

NuStar Energy Stock Performance

NYSE:NS remained flat at $21.96 during trading hours on Friday. The company has a debt-to-equity ratio of 12.93, a current ratio of 0.81 and a quick ratio of 0.76. The company has a market capitalization of $2.78 billion, a PE ratio of 30.93 and a beta of 1.69. The firm's 50 day simple moving average is $22.94 and its 200 day simple moving average is $20.56. NuStar Energy has a fifty-two week low of $14.70 and a fifty-two week high of $24.50.

NuStar Energy Announces Dividend

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

Wall Street Analyst Weigh In

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