Star Group (SGU) to Release Quarterly Earnings on Wednesday

Star Group (NYSE:SGU) will be announcing its earnings results after the market closes on Wednesday, May 1st.

Star Group (NYSE:SGU) last announced its quarterly earnings data on Wednesday, February 7th. The pipeline company reported $0.32 earnings per share (EPS) for the quarter. Star Group had a return on equity of 11.07% and a net margin of 1.72%. The firm had revenue of $528.10 million during the quarter.

Star Group Stock Performance

Shares of Star Group stock traded down $0.02 on Friday, reaching $11.10. 44,300 shares of the stock were exchanged, compared to its average volume of 48,033. Star Group has a twelve month low of $9.90 and a twelve month high of $15.22. The business has a 50 day moving average price of $10.67 and a two-hundred day moving average price of $11.50. The company has a quick ratio of 0.56, a current ratio of 0.76 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $394.83 million, a price-to-earnings ratio of 21.35 and a beta of 0.48.

Star Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Monday, April 29th will be paid a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a yield of 6.22%. This is a boost from Star Group’s previous quarterly dividend of $0.16. The ex-dividend date is Friday, April 26th. Star Group’s payout ratio is presently 125.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Star Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 13th.

About Star Group

Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis.