U.S. Silica (SLCA) to Release Earnings on Monday

U.S. Silica (NYSE:SLCA) is scheduled to post its quarterly earnings results before the market opens on Monday, April 23rd. Analysts expect U.S. Silica to post earnings of $0.55 per share for the quarter.

U.S. Silica (NYSE:SLCA) last announced its quarterly earnings data on Wednesday, February 21st. The mining company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.04). U.S. Silica had a net margin of 11.70% and a return on equity of 9.32%. The firm had revenue of $360.57 million for the quarter, compared to analyst estimates of $359.17 million. On average, analysts expect U.S. Silica to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

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Shares of SLCA opened at $27.21 on Monday. U.S. Silica has a one year low of $23.75 and a one year high of $46.89. The company has a market cap of $2,203.57, a price-to-earnings ratio of 18.14 and a beta of 2.30. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.29 and a quick ratio of 2.86.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 5th. Shareholders of record on Thursday, March 15th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $0.25 annualized dividend and a yield of 0.92%. U.S. Silica’s dividend payout ratio is currently 16.67%.

In other U.S. Silica news, Director William Jennings Kacal acquired 20,300 shares of U.S. Silica stock in a transaction that occurred on Friday, February 23rd. The shares were bought at an average price of $25.78 per share, with a total value of $523,334.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Diane K. Duren acquired 10,000 shares of U.S. Silica stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average cost of $25.96 per share, for a total transaction of $259,600.00. Following the purchase, the director now owns 12,168 shares of the company’s stock, valued at $315,881.28. The disclosure for this purchase can be found here. Insiders own 1.40% of the company’s stock.

A number of research firms have weighed in on SLCA. Cowen set a $39.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a research note on Friday. Stephens began coverage on shares of U.S. Silica in a research note on Thursday. They set an “equal weight” rating and a $30.00 target price on the stock. Goldman Sachs reaffirmed a “neutral” rating and set a $67.00 target price on shares of U.S. Silica in a research note on Thursday. Morgan Stanley decreased their target price on shares of U.S. Silica from $47.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, April 11th. Finally, Piper Jaffray set a $31.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a research note on Thursday, April 5th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seventeen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $41.71.

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U.S. Silica Company Profile

U.S. Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.

Earnings History for U.S. Silica (NYSE:SLCA)

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