NuStar Power L.P. (NYSE:NS – Loose File) – Equities analysis analysts at Zacks Analysis diminished their This fall 2023 EPS estimates for NuStar Power in a document launched on Tuesday, September twelfth. Zacks Analysis analyst T. Saha now expects that the pipeline corporate will publish income of $0.26 in keeping with proportion for the quarter, down from their prior forecast of $0.30. The consensus estimate for NuStar Power’s present full-year income is $0.79 in keeping with proportion.

NS has been the subject of quite a few different analysis studies. TheStreet raised stocks of NuStar Power from a “c+” ranking to a “b” ranking in a analysis document on Tuesday, Might thirtieth. Barclays lifted their charge purpose on stocks of NuStar Power from $18.00 to $19.00 in a analysis document on Tuesday, July 18th. Stifel Nicolaus dropped their goal charge on stocks of NuStar Power from $21.00 to $20.00 in a analysis document on Friday, August eleventh. After all, StockNews.com initiated protection on stocks of NuStar Power in a analysis document on Thursday, August seventeenth. They set a “purchase” ranking at the inventory. One equities analysis analyst has rated the inventory with a promote ranking, two have assigned a hang ranking and 4 have assigned a purchase ranking to the corporate’s inventory. In line with knowledge from MarketBeat.com, the corporate lately has a mean ranking of “Dangle” and a mean goal charge of $18.33.

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NuStar Power Inventory Efficiency

Stocks of NS inventory opened at $17.49 on Thursday. NuStar Power has a 52-week low of $12.80 and a 52-week prime of $18.16. The corporate’s 50 day shifting reasonable is $16.86 and its 200 day shifting reasonable is $16.43. The company has a marketplace cap of $1.94 billion, a price-to-earnings ratio of twenty-two.14 and a beta of one.80. The corporate has a handy guide a rough ratio of 0.86, a present ratio of 0.92 and a debt-to-equity ratio of 29.29.

NuStar Power (NYSE:NS – Get Loose File) final posted its quarterly income effects on Thursday, August third. The pipeline corporate reported $0.09 EPS for the quarter, lacking analysts’ consensus estimates of $0.15 by means of ($0.06). The corporate had earnings of $378.33 million all through the quarter, in comparison to the consensus estimate of $372.52 million. NuStar Power had a go back on fairness of 162.85% and a internet margin of 18.78%.

NuStar Power Declares Dividend

The corporate additionally just lately disclosed a quarterly dividend, which used to be paid on Monday, August 14th. Buyers of report on Tuesday, August eighth had been issued a $0.40 dividend. This represents a $1.60 dividend on an annualized foundation and a dividend yield of 9.15%. The ex-dividend date of this dividend used to be Monday, August seventh. NuStar Power’s dividend payout ratio is lately 202.53%.

Institutional Buyers Weigh In On NuStar Power

Numerous hedge price range have just lately changed their holdings of the corporate. Raymond James & Pals boosted its stake in stocks of NuStar Power by means of 6.2% within the first quarter. Raymond James & Pals now owns 48,558 stocks of the pipeline corporate’s inventory valued at $700,000 after buying an extra 2,827 stocks all through the duration. Cambridge Funding Analysis Advisors Inc. raised its holdings in NuStar Power by means of 6.4% all through the primary quarter. Cambridge Funding Analysis Advisors Inc. now owns 12,661 stocks of the pipeline corporate’s inventory price $183,000 after buying an extra 764 stocks within the final quarter. Clearbridge Investments LLC raised its holdings in NuStar Power by means of 35.9% all through the primary quarter. Clearbridge Investments LLC now owns 786,680 stocks of the pipeline corporate’s inventory price $11,344,000 after buying an extra 208,000 stocks within the final quarter. ING Groep NV raised its holdings in NuStar Power by means of 82.8% all through the primary quarter. ING Groep NV now owns 234,000 stocks of the pipeline corporate’s inventory price $3,374,000 after buying an extra 106,000 stocks within the final quarter. After all, UBS Workforce AG greater its holdings in stocks of NuStar Power by means of 20.1% within the 1st quarter. UBS Workforce AG now owns 1,426,223 stocks of the pipeline corporate’s inventory valued at $20,566,000 after obtaining an extra 239,046 stocks all through the duration. Hedge price range and different institutional traders personal 56.35% of the corporate’s inventory.

About NuStar Power

(Get Loose File)

NuStar Power L.P. engages within the transportation terminalling and garage of petroleum merchandise and renewable fuels, and transportation of anhydrous ammonia in the US and across the world. It operates thru Pipeline, Garage, and Fuels Advertising segments. The Pipeline section engages within the transportation of delicate merchandise, crude oil, and anhydrous ammonia.

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