Ciner Resources LP Company Profile (NYSE:CINR)

About Ciner Resources LP (NYSE:CINR)

Ciner Resources LP logoCiner Resources LP, through its subsidiary, Ciner Wyoming LLC (Ciner Wyoming), produces soda ash and serves a global market from its facility in the Green River Basin of Wyoming. The Company processes trona ore into soda ash, a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products. As of December 31, 2016, its Green River Basin surface operations were situated on approximately 880 acres in Wyoming, and the Company's mining operations included approximately 23,500 acres of leased and licensed subsurface mining area. The Company's mining leases and license are located in two mining beds, designated by the United States Geological Survey as beds 24 and 25, at depths of 800 to 1100 feet, respectively, below the surface. The Company uses a continuous mining technique to mine trona and roof bolt the ceiling simultaneously. The Company's soda ash is shipped by rail or truck from its Green River Basin operations.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Agricultural Chemicals - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:CINR
  • CUSIP: N/A
  • Web: www.cinerresources.com
Capitalization:
  • Market Cap: $483.1 million
  • Outstanding Shares: 20,129,000
Average Prices:
  • 50 Day Moving Avg: $26.78
  • 200 Day Moving Avg: $28.13
  • 52 Week Range: $22.61 - $32.50
P/E:
  • Trailing P/E Ratio: 12.06
  • Foreward P/E Ratio: 12.06
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $490.4 million
  • Price / Sales: 0.99
  • Book Value: $7.21 per share
  • Price / Book: 3.33
Dividend:
  • Annual Dividend: $2.27
  • Dividend Yield: 9.5%
Profitability:
  • EBIDTA: $115.1 million
  • Net Margins: 8.18%
  • Return on Equity: 15.65%
  • Return on Assets: 9.52%
Debt:
  • Debt-to-Equity Ratio: 0.48%
  • Current Ratio: 2.96%
  • Quick Ratio: 2.62%
Misc:
  • Average Volume: 23,067 shs.
  • Beta: 0.97
  • Short Ratio: 1.81
 
Frequently Asked Questions for Ciner Resources LP (NYSE:CINR)

What is Ciner Resources LP's stock symbol?

Ciner Resources LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "CINR."

How often does Ciner Resources LP pay dividends? What is the dividend yield for Ciner Resources LP?

Ciner Resources LP announced a quarterly dividend on Friday, July 28th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.567 per share on Monday, August 21st. This represents a $2.27 dividend on an annualized basis and a dividend yield of 9.45%. The ex-dividend date is Thursday, August 3rd. This is a boost from Ciner Resources LP's previous quarterly dividend of $0.56. View Ciner Resources LP's Dividend History.

How were Ciner Resources LP's earnings last quarter?

Ciner Resources LP (NYSE:CINR) released its quarterly earnings results on Monday, August, 7th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.12. The company had revenue of $119.70 million for the quarter, compared to analyst estimates of $129.20 million. Ciner Resources LP had a net margin of 8.18% and a return on equity of 15.65%. The business's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.52 earnings per share. View Ciner Resources LP's Earnings History.

When will Ciner Resources LP make its next earnings announcement?

Ciner Resources LP is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Ciner Resources LP.

Where is Ciner Resources LP's stock going? Where will Ciner Resources LP's stock price be in 2017?

3 analysts have issued twelve-month target prices for Ciner Resources LP's stock. Their forecasts range from $25.00 to $32.50. On average, they anticipate Ciner Resources LP's share price to reach $28.75 in the next twelve months. View Analyst Ratings for Ciner Resources LP.

What are analysts saying about Ciner Resources LP stock?

Here are some recent quotes from research analysts about Ciner Resources LP stock:

  • 1. According to Zacks Investment Research, "Ciner Resources LP, a master limited partnership, producers of natural soda ash. It operates the trona ore mining and soda ash production business primarily in the Green River Basin of Wyoming. Ciner Resources LP, formerly known as OCI Resources LP, is based in ATLANTA, United States. " (8/16/2017)
  • 2. FBR & Co analysts commented, "Last week, Ciner Resources reported adjusted EBITDA of $28.6 million, which slightly beat the consensus estimate of $26.7 million. Against our estimates, the company performed well on pricing, though sales were below our estimates. The company cited “extreme weather” in December, as well as lower ore grade and an MSHA citation, for a loss of ~15,000 tons of production in the quarter. Ciner provided 2017 guidance, anticipating total sales volumes up 1%–3% YOY . International pricing is expected to be up 1%–3% YOY , while domestic pricing is expected to be flat to down 3% YOY . In addition, the company anticipates maintenance capex of $12M–$15M and expansion capex of $23M–$28M. Ciner also mentioned supplying “some new volume” to customers in Europe, citing efforts to integrate globally. The company continues to expect new capacity to come on line in 2Q17." (2/24/2017)

Who are some of Ciner Resources LP's key competitors?

Who are Ciner Resources LP's key executives?

Ciner Resources LP's management team includes the folowing people:

  • Kirk H. Milling, President, Chief Executive Officer, Director of the General Partner
  • Chris DeBerry, General Partner, Chief Accounting Officer, Controller
  • Scott Randall Humphrey, Chief Financial Officer
  • Nicole C. Daniel, Vice President, General Counsel and Secretary of our general partner
  • Oguz Erkan, Director
  • Dogan Pence, Director of the General Partner
  • Michael E. Ducey, Independent Director
  • Angela A. Minas, Independent Director of the General Partner

Who owns Ciner Resources LP stock?

Ciner Resources LP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Walthausen & Co. LLC (2.01%), FMR LLC (1.42%), Mountain Lake Investment Management LLC (1.24%), Acadian Asset Management LLC (1.05%), Midas Management Corp (0.47%) and California Public Employees Retirement System (0.45%). View Institutional Ownership Trends for Ciner Resources LP.

Who sold Ciner Resources LP stock? Who is selling Ciner Resources LP stock?

Ciner Resources LP's stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Acadian Asset Management LLC and Pointe Capital Management LLC. View Insider Buying and Selling for Ciner Resources LP.

Who bought Ciner Resources LP stock? Who is buying Ciner Resources LP stock?

Ciner Resources LP's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Walthausen & Co. LLC, Bank of New York Mellon Corp and California Public Employees Retirement System. View Insider Buying and Selling for Ciner Resources LP.

How do I buy Ciner Resources LP stock?

Shares of Ciner Resources LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ciner Resources LP's stock price today?

One share of Ciner Resources LP stock can currently be purchased for approximately $24.00.


MarketBeat Community Rating for Ciner Resources LP (NYSE CINR)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  40 (Vote Outperform)
Underperform Votes:  76 (Vote Underperform)
Total Votes:  116
MarketBeat's community ratings are surveys of what our community members think about Ciner Resources LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ciner Resources LP (NYSE:CINR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $28.75 (19.79% upside)

Analysts' Ratings History for Ciner Resources LP (NYSE:CINR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/10/2017Citigroup Inc.Reiterated RatingNeutral$29.00 -> $25.00HighView Rating Details
2/24/2017FBR & CoReiterated RatingBuyN/AView Rating Details
10/7/2016DA DavidsonReiterated RatingHold$32.50N/AView Rating Details
4/19/2016Ladenburg Thalmann Financial ServicesInitiated CoverageBuy$32.00N/AView Rating Details
2/16/2016Goldman Sachs Group, Inc. (The)Lower Price Target$23.50 -> $21.00N/AView Rating Details
(Data available from 8/16/2015 forward)

Earnings

Earnings History for Ciner Resources LP (NYSE:CINR)
Earnings by Quarter for Ciner Resources LP (NYSE:CINR)
Earnings History by Quarter for Ciner Resources LP (NYSE CINR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
8/7/2017Q2 2017$0.53$0.41$129.20 million$119.70 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.56$0.54$122.42 million$126.60 millionViewListenView Earnings Details
2/16/2017Q416$0.63$0.49$123.63 million$123.10 millionViewN/AView Earnings Details
11/3/2016Q316$0.57$0.56$118.66 million$121.00 millionViewN/AView Earnings Details
8/4/2016Q216$0.56$0.52$117.27 million$116.70 millionViewN/AView Earnings Details
5/5/2016Q1$0.58$0.51$120.60 million$114.40 millionViewN/AView Earnings Details
2/10/2016Q415$0.75$0.69$128.98 million$126.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ciner Resources LP (NYSE:CINR)
Current Year EPS Consensus Estimate: $1.93 EPS
Next Year EPS Consensus Estimate: $1.99 EPS

Dividends

Current Dividend Information for Ciner Resources LP (NYSE:CINR)
Next Dividend:8/21/2017
Annual Dividend:$2.27
Dividend Yield:9.46%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:114.07% (Trailing 12 Months of Earnings)
117.62% (Based on This Year's Estimates)
114.07% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ciner Resources LP (NYSE:CINR)

Dividend History by Quarter for Ciner Resources LP (NYSE CINR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2017quarterly$0.578.31%8/3/20178/7/20178/21/2017
4/21/2017quarterly$0.577.96%4/27/20175/1/20175/15/2017
1/13/2017quarterly$0.577.41%1/27/20171/31/20172/13/2017
10/18/2016quarterly$0.577.31%10/26/201610/28/201611/11/2016
7/15/2016quarterly$0.577.33%7/27/20167/29/20168/12/2016
4/14/2016quarterly$0.568.09%4/27/20164/29/20165/13/2016
1/14/2016$0.561/27/20161/29/20162/12/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ciner Resources LP (NYSE:CINR)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ciner Resources LP (NYSE:CINR)
Latest Headlines for Ciner Resources LP (NYSE:CINR)
Source:
DateHeadline
americanbankingnews.com logoCiner Resources LP (CINR) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - August 16 at 5:40 PM
americanbankingnews.com logoFinancial Analysis: Compass Minerals International (CMP) and Ciner Resources (CINR)
www.americanbankingnews.com - August 14 at 8:42 AM
americanbankingnews.com logoMarrone Bio Innovations (MBII) vs. Ciner Resources (NYSE:CINR) Financial Contrast
www.americanbankingnews.com - August 11 at 6:40 PM
americanbankingnews.com logoCiner Resources LP (NYSE:CINR) Stock Rating Reaffirmed by Citigroup Inc.
www.americanbankingnews.com - August 10 at 2:39 PM
finance.yahoo.com logoEdited Transcript of CINR earnings conference call or presentation 8-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 10:00 PM
finance.yahoo.com logoCiner Resources LP – Value Analysis (NYSE:CINR) : August 8, 2017
finance.yahoo.com - August 8 at 10:00 PM
finance.yahoo.com logoInvestor Network: Ciner Resources LP to Host Earnings Call
finance.yahoo.com - August 8 at 4:58 PM
finance.yahoo.com logoCiner Resources LP Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 8 at 3:40 AM
businesswire.com logoCiner Resources LP Announces Second Quarter 2017 Financial Results - Business Wire (press release)
www.businesswire.com - August 7 at 10:40 PM
americanbankingnews.com logoCiner Resources LP (NYSE:CINR) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 7 at 7:26 PM
americanbankingnews.com logoCiner Resources LP (NYSE:CINR) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - August 3 at 10:40 AM
americanbankingnews.com logoFinancial Survey: Marrone Bio Innovations (MBII) vs. Ciner Resources (CINR)
www.americanbankingnews.com - August 2 at 8:22 PM
finance.yahoo.com logoCiner Resources LP to Release 2nd Quarter 2017 Results
finance.yahoo.com - August 1 at 5:53 PM
americanbankingnews.com logoCiner Resources LP (NYSE:CINR) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 31 at 9:16 AM
americanbankingnews.com logo Brokerages Anticipate Ciner Resources LP (NYSE:CINR) Will Post Quarterly Sales of $118.60 Million
www.americanbankingnews.com - July 30 at 7:43 AM
americanbankingnews.com logoReviewing Ciner Resources (NYSE:CINR) & Agrium (AGU)
www.americanbankingnews.com - July 30 at 12:21 AM
streetinsider.com logoCiner Resources LP (CINR) Declares $0.5670 Quarterly Dividend; 8.3% Yield
www.streetinsider.com - July 29 at 4:37 PM
streetinsider.com logoCiner Resources LP (CINR) Declares $0.5670 Quarterly Dividend; 8.3% Yield
www.streetinsider.com - July 29 at 4:37 PM
americanbankingnews.com logoCiner Resources LP (CINR) Increases Dividend to $0.57 Per Share
www.americanbankingnews.com - July 28 at 4:51 PM
americanbankingnews.com logo$0.47 Earnings Per Share Expected for Ciner Resources LP (NYSE:CINR) This Quarter
www.americanbankingnews.com - July 28 at 2:30 PM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bullish Manner : CINR-US : July 27, 2017
finance.yahoo.com - July 27 at 5:25 PM
americanbankingnews.com logoFinancial Survey: Ciner Resources (NYSE:CINR) versus Intrepid Potash (IPI)
www.americanbankingnews.com - July 14 at 12:08 AM
americanbankingnews.com logoCiner Resources LP (CINR) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - July 8 at 12:22 PM
americanbankingnews.com logoCiner Resources LP (CINR) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 6 at 4:26 PM
americanbankingnews.com logo Analysts Expect Ciner Resources LP (CINR) Will Post Quarterly Sales of $118.60 Million
www.americanbankingnews.com - July 6 at 11:54 AM
americanbankingnews.com logo$0.52 EPS Expected for Ciner Resources LP (NYSE:CINR) This Quarter
www.americanbankingnews.com - July 4 at 10:50 AM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bullish Manner : CINR-US : June 28, 2017
finance.yahoo.com - June 28 at 5:08 PM
finance.yahoo.com logoCiner Resources LP :CINR-US: Earnings Analysis: Q1, 2017 By the Numbers : June 20, 2017
finance.yahoo.com - June 20 at 4:58 PM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bearish Manner : CINR-US : June 16, 2017
finance.yahoo.com - June 16 at 5:04 PM
americanbankingnews.com logoCiner Resources LP (CINR) Expected to Post Quarterly Sales of $122.71 Million
www.americanbankingnews.com - June 10 at 9:50 AM
americanbankingnews.com logo$0.52 EPS Expected for Ciner Resources LP (CINR) This Quarter
www.americanbankingnews.com - June 8 at 8:50 AM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bullish Manner : CINR-US : June 6, 2017
finance.yahoo.com - June 6 at 4:32 PM
americanbankingnews.com logoCiner Resources LP (CINR) Cut to Hold at ValuEngine
www.americanbankingnews.com - June 4 at 11:10 PM
seekingalpha.com logoDividend Stock Yields 8%, Looks Oversold - Turnaround Buying Opportunity
seekingalpha.com - June 4 at 12:14 PM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bearish Manner : CINR-US : May 22, 2017
finance.yahoo.com - May 22 at 12:37 PM
americanbankingnews.com logoZacks Investment Research Upgrades Ciner Resources LP (CINR) to Hold
www.americanbankingnews.com - May 18 at 7:36 AM
americanbankingnews.com logo$127.71 Million in Sales Expected for Ciner Resources LP (CINR) This Quarter
www.americanbankingnews.com - May 14 at 10:28 AM
americanbankingnews.com logoZacks: Analysts Anticipate Ciner Resources LP (CINR) to Post $0.52 EPS
www.americanbankingnews.com - May 12 at 8:28 AM
americanbankingnews.com logoCiner Resources LP (CINR) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 11 at 10:16 PM
streetinsider.com logoCiner Resources LP (CINR) Misses Q1 EPS by 2c
www.streetinsider.com - May 9 at 4:17 PM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bearish Manner : CINR-US : May 9, 2017
finance.yahoo.com - May 9 at 4:17 PM
americanbankingnews.com logoCiner Resources LP (CINR) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 9 at 3:26 PM
finance.yahoo.com logoCiner Resources LP Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 8 at 9:12 PM
marketbeat.com logoCiner Resources misses 1Q profit forecasts
marketbeat.com - May 8 at 7:02 PM
finance.yahoo.com logoCiner Resources LP to Release 1st Quarter 2017 Results
finance.yahoo.com - May 4 at 10:02 AM
americanbankingnews.com logoCiner Resources (CINR) Given News Sentiment Score of 0.26
www.americanbankingnews.com - May 4 at 1:13 AM
finance.yahoo.com logoCiner Resources LP – Value Analysis (NYSE:CINR) : May 1, 2017
finance.yahoo.com - May 2 at 3:58 PM
americanbankingnews.com logoCiner Resources (CINR) Receiving Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 2:03 PM
finance.yahoo.com logoCiner Resources LP breached its 50 day moving average in a Bearish Manner : CINR-US : April 28, 2017
finance.yahoo.com - April 28 at 5:17 PM
americanbankingnews.com logoCiner Resources (CINR) Given Daily Media Impact Score of 0.38
www.americanbankingnews.com - April 26 at 8:52 PM

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Chart

Ciner Resources LP (CINR) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff