Ciner 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: $536.82 million
- Outstanding Shares: 20,127,000
Average Prices:- 50 Day Moving Avg: $27.87
- 200 Day Moving Avg: $28.71
- 52 Week Range: $26.80 - $33.19
P/E:- Trailing P/E Ratio: 12.80
- Foreward P/E Ratio: 11.95
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $487.4 million
- Price / Sales: 1.11
- Book Value: $7.39 per share
- Price / Book: 3.65
Dividend:- Annual Dividend: $2.27
- Dividend Yield: 8.3%
Profitability:- EBIDTA: $118.9 million
- Net Margins: 8.68%
- Return on Equity: 16.31%
- Return on Assets: 10.20%
Debt:- Debt-to-Equity Ratio: 0.39%
- Current Ratio: 2.73%
- Quick Ratio: 2.37%
Misc:- Average Volume: 16,659 shs.
- Beta: 0.98
- Short Ratio: 0.97
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 declared a quarterly dividend on Friday, April 21st. Stockholders of record on Monday, May 1st will be given a dividend of $0.567 per share on Monday, May 15th. This represents a $2.27 annualized dividend and a dividend yield of 8.40%. The ex-dividend date of this dividend is Thursday, April 27th. 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 earnings results on Monday, May, 8th. The company reported $0.54 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.02. The company had revenue of $126.60 million for the quarter, compared to analysts' expectations of $122.42 million. Ciner Resources LP had a net margin of 8.68% and a return on equity of 16.31%. The business's quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter last year, the business earned $0.51 earnings per share. View Ciner Resources LP's Earnings History.
Where is Ciner Resources LP's stock going? Where will Ciner Resources LP's stock price be in 2017?
3 brokerages have issued 1-year target prices for Ciner Resources LP's shares. Their forecasts range from $29.00 to $35.00. On average, they expect Ciner Resources LP's stock price to reach $32.17 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. " (5/18/2017)
- 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?
Some companies that are related to Ciner Resources LP include Valhi (VHI), MAG Silver Corp (MAG), OM Group (OMG), Mechel PAO (MTL), TriMas Corp (TRS), Ibstock plc (IBST), Sandstorm Gold Ltd (SAND), Acacia Mining PLC (ABG), The Andersons (ANDE), Nevsun Resources (NSU), Glatfelter (GLT), Hi-Crush Partners LP (HCLP), Innophos Holdings (IPHS), Clearwater Paper Corporation (CLW), McEwen Mining (MUX), A. Schulman (SHLM), Mercer International (MERC) and Fortuna Silver Mines (FSM).
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
- 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?
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 $27.00.
MarketBeat Community Rating for Ciner Resources LP (NYSE CINR)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.
Consensus Ratings for Ciner Resources LP (NYSE:CINR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $32.17 (19.14% upside) |
Analysts' Ratings History for Ciner Resources LP (NYSE:CINR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/24/2017 | FBR & Co | Reiterated Rating | Buy | | N/A |  |
| 10/7/2016 | DA Davidson | Reiterated Rating | Hold | $32.50 | N/A | |
| 8/8/2016 | Citigroup Inc. | Lower Price Target | Neutral | $30.00 -> $29.00 | N/A | |
| 4/19/2016 | Ladenburg Thalmann Financial Services | Initiated Coverage | Buy | $32.00 | N/A | |
| 2/16/2016 | Goldman Sachs Group, Inc. (The) | Lower Price Target | | $23.50 -> $21.00 | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for Ciner Resources LP (NYSE:CINR)Earnings History by Quarter for Ciner Resources LP (NYSE CINR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/8/2017 | Q1 2017 | $0.56 | $0.54 | $122.42 million | $126.60 million | View | Listen | |
| 2/16/2017 | Q416 | $0.63 | $0.49 | $123.63 million | $123.10 million | View | N/A | |
| 11/3/2016 | Q316 | $0.57 | $0.56 | $118.66 million | $121.00 million | View | N/A | |
| 8/4/2016 | Q216 | $0.56 | $0.52 | $117.27 million | $116.70 million | View | N/A | |
| 5/5/2016 | Q1 | $0.58 | $0.51 | $120.60 million | $114.40 million | View | N/A | |
| 2/10/2016 | Q415 | $0.75 | $0.69 | $128.98 million | $126.40 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ciner Resources LP (NYSE:CINR)Current Year EPS Consensus Estimate: $2.19 EPS
Next Year EPS Consensus Estimate: $2.26 EPS
Current Dividend Information for Ciner Resources LP (NYSE:CINR)| Most Recent Dividend: | 5/15/2017 |
| Annual Dividend: | $2.27 |
| Dividend Yield: | 8.41% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 108.10% (Trailing 12 Months of Earnings)
103.65% (Based on This Year's Estimates)
100.44% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Ciner Resources LP (NYSE CINR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/21/2017 | quarterly | $0.57 | 7.96% | 4/27/2017 | 5/1/2017 | 5/15/2017 |
| 1/13/2017 | quarterly | $0.57 | 7.41% | 1/27/2017 | 1/31/2017 | 2/13/2017 |
| 10/18/2016 | quarterly | $0.57 | 7.31% | 10/26/2016 | 10/28/2016 | 11/11/2016 |
| 7/15/2016 | quarterly | $0.57 | 7.33% | 7/27/2016 | 7/29/2016 | 8/12/2016 |
| 4/14/2016 | quarterly | $0.56 | 8.09% | 4/27/2016 | 4/29/2016 | 5/13/2016 |
| 1/14/2016 | | $0.56 | | 1/27/2016 | 1/29/2016 | 2/12/2016 |
(Data available from 1/1/2013 forward)
Insider Trading History for Ciner Resources LP (NYSE:CINR)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ciner Resources LP (NYSE:CINR)
Latest Headlines for Ciner Resources LP (NYSE:CINR)
| Source: |
|
| Date | Headline |
|---|
 | Financial Survey: Ciner Resources (NYSE:CINR) versus Intrepid Potash (IPI)
www.americanbankingnews.com - July 14 at 12:08 AM |
| Ciner Resources LP (CINR) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - July 8 at 12:22 PM |
| Ciner Resources LP (CINR) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 6 at 4:26 PM |
| Analysts Expect Ciner Resources LP (CINR) Will Post Quarterly Sales of $118.60 Million
www.americanbankingnews.com - July 6 at 11:54 AM |
| $0.52 EPS Expected for Ciner Resources LP (NYSE:CINR) This Quarter
www.americanbankingnews.com - July 4 at 10:50 AM |
 | Ciner 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 |
| Ciner Resources LP :CINR-US: Earnings Analysis: Q1, 2017 By the Numbers : June 20, 2017
finance.yahoo.com - June 20 at 4:58 PM |
| Ciner 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 |
| Ciner Resources LP (CINR) Expected to Post Quarterly Sales of $122.71 Million
www.americanbankingnews.com - June 10 at 9:50 AM |
| $0.52 EPS Expected for Ciner Resources LP (CINR) This Quarter
www.americanbankingnews.com - June 8 at 8:50 AM |
| Ciner 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 |
| Ciner Resources LP (CINR) Cut to Hold at ValuEngine
www.americanbankingnews.com - June 4 at 11:10 PM |
 | Dividend Stock Yields 8%, Looks Oversold - Turnaround Buying Opportunity
seekingalpha.com - June 4 at 12:14 PM |
| Ciner 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 |
| Zacks Investment Research Upgrades Ciner Resources LP (CINR) to Hold
www.americanbankingnews.com - May 18 at 7:36 AM |
| $127.71 Million in Sales Expected for Ciner Resources LP (CINR) This Quarter
www.americanbankingnews.com - May 14 at 10:28 AM |
| Zacks: Analysts Anticipate Ciner Resources LP (CINR) to Post $0.52 EPS
www.americanbankingnews.com - May 12 at 8:28 AM |
| Ciner Resources LP (CINR) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 11 at 10:16 PM |
 | Ciner Resources LP (CINR) Misses Q1 EPS by 2c
www.streetinsider.com - May 9 at 4:17 PM |
| Ciner 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 |
| Ciner Resources LP (CINR) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 9 at 3:26 PM |
| Ciner Resources LP Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 8 at 9:12 PM |
 | Ciner Resources misses 1Q profit forecasts
marketbeat.com - May 8 at 7:02 PM |
| Ciner Resources LP to Release 1st Quarter 2017 Results
finance.yahoo.com - May 4 at 10:02 AM |
| Ciner Resources (CINR) Given News Sentiment Score of 0.26
www.americanbankingnews.com - May 4 at 1:13 AM |
| Ciner Resources LP – Value Analysis (NYSE:CINR) : May 1, 2017
finance.yahoo.com - May 2 at 3:58 PM |
| Ciner Resources (CINR) Receiving Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 2:03 PM |
| Ciner 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 |
| Ciner Resources (CINR) Given Daily Media Impact Score of 0.38
www.americanbankingnews.com - April 26 at 8:52 PM |
| Ciner Resources LP (CINR) Expected to Announce Quarterly Sales of $122.42 Million
www.americanbankingnews.com - April 23 at 9:10 AM |
| Ciner Resources (CINR) Earns Daily News Impact Rating of 0.23
www.americanbankingnews.com - April 22 at 1:35 PM |
| Ciner Resources LP (CINR) Declares Dividend of $0.57
www.americanbankingnews.com - April 21 at 5:42 PM |
| Zacks: Brokerages Expect Ciner Resources LP (CINR) to Post $0.56 EPS
www.americanbankingnews.com - April 21 at 3:41 PM |
| Ciner Resources LP breached its 50 day moving average in a Bullish Manner : CINR-US : April 11, 2017
finance.yahoo.com - April 11 at 11:32 AM |
| CINER RESOURCES LP Financials
finance.yahoo.com - March 10 at 5:21 PM |
 | Ciner Resources LP Announces Filing of Its Annual Report on Form 10-K - Business Wire (press release)
www.businesswire.com - March 8 at 5:02 PM |
| Ciner Resources LP (CINR) Misses Q4 EPS by 14c - StreetInsider.com
www.streetinsider.com - February 17 at 5:53 PM |
| CINER RESOURCES LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi
biz.yahoo.com - February 17 at 5:53 PM |
| Ciner Resources LP (CINR) Misses Q4 EPS by 14c
www.streetinsider.com - February 16 at 9:25 PM |
 | Ciner Resources LP Announces Fourth Quarter and Year Ended 2016 Financial Results
us.rd.yahoo.com - February 16 at 9:25 PM |
| 5:12 pm Ciner Resources misses by $0.15, reports revs in-line
us.rd.yahoo.com - February 16 at 9:25 PM |
| Q4 2016 Ciner Resources LP Earnings Release - After Market Close
biz.yahoo.com - February 16 at 10:36 AM |
| Ciner Resources LP to Release Fourth Quarter 2016 Financial Results
finance.yahoo.com - February 10 at 4:36 PM |
| CINER RESOURCES LP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 27 at 10:42 PM |
 | Ciner Resources LP (CINR) Ex-Dividend Date Scheduled for January 27, 2017 - Nasdaq
www.nasdaq.com - January 26 at 5:21 PM |
| Ciner Resources LP Announces Quarterly Cash Distribution - Business Wire (press release)
www.businesswire.com - January 13 at 5:03 PM |
| Ciner Resources LP (CINR) Declares $0.5670 Quarterly Dividend; 7.4% Yield
www.streetinsider.com - January 12 at 9:39 PM |
| CORRECTING and REPLACING Ciner Resources LP Announces Quarterly Cash Distribution
finance.yahoo.com - January 12 at 9:39 PM |
| Ciner Resources LP Announces Quarterly Cash Distribution
us.rd.yahoo.com - January 12 at 4:37 PM |
| Q3 2016 Ciner Resources LP Earnings Release - After Market Close
biz.yahoo.com - November 3 at 12:33 PM |
Ciner Resources LP (CINR) Chart for Tuesday, July, 25, 2017
