Media coverage about Crossamerica Partners (NYSE:CAPL) has trended positive on Friday, AlphaOne reports. The research group, a subsidiary of Accern, scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crossamerica Partners earned a coverage optimism score of 0.31 on AlphaOne’s scale. AlphaOne also assigned news coverage about the oil and gas company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
Crossamerica Partners (NYSE:CAPL) traded up 0.95% on Friday, hitting $24.53. 5,359 shares of the stock traded hands. Crossamerica Partners has a 12-month low of $22.50 and a 12-month high of $27.94. The stock has a market capitalization of $827.30 million, a P/E ratio of 117.37 and a beta of 1.36. The company’s 50 day moving average price is $25.46 and its 200-day moving average price is $25.75.
Crossamerica Partners (NYSE:CAPL) last announced its quarterly earnings results on Monday, May 8th. The oil and gas company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $469.29 million during the quarter, compared to analyst estimates of $494.04 million. Crossamerica Partners had a net margin of 0.60% and a return on equity of 4.43%. Analysts predict that Crossamerica Partners will post $0.38 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 8th were given a $0.6175 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 10.16%. This is an increase from Crossamerica Partners’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Thursday, May 4th. Crossamerica Partners’s dividend payout ratio (DPR) is currently 875.00%.
Several research analysts have recently weighed in on CAPL shares. Royal Bank of Canada dropped their target price on shares of Crossamerica Partners from $28.00 to $27.00 and set a “sector perform” rating on the stock in a research report on Thursday, March 9th. FBR & Co reissued a “buy” rating on shares of Crossamerica Partners in a research report on Wednesday, March 15th. Finally, Zacks Investment Research raised shares of Crossamerica Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, March 29th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Crossamerica Partners presently has an average rating of “Buy” and a consensus target price of $29.00.
Crossamerica Partners Company Profile
CrossAmerica Partners LP is a limited partnership engaged in the wholesale distribution of motor fuel, and the ownership and leasing of real estate used in the retail distribution of motor fuel. The Company operates in two segments: wholesale and retail. The wholesale segment is engaged in the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, Dunne Manning Stores LLC (DMS), CST Brands, Inc and subsidiaries (CST) and company operated retail sites.
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