Star Group (SGU) Scheduled to Post Quarterly Earnings on Wednesday

Star Group (NYSE:SGU) is scheduled to be announcing its earnings results after the market closes on Wednesday, July 31st.

Star Group (NYSE:SGU) last posted its earnings results on Wednesday, May 1st. The pipeline company reported $1.56 EPS for the quarter. The business had revenue of $666.03 million for the quarter. Star Group had a return on equity of 13.15% and a net margin of 2.15%.

Star Group Stock Performance

Shares of SGU traded down $0.10 during mid-day trading on Tuesday, reaching $10.87. 10,494 shares of the company’s stock were exchanged, compared to its average volume of 52,064. The stock has a market capitalization of $382.95 million, a PE ratio of 16.62 and a beta of 0.42. The business’s fifty day simple moving average is $10.89 and its 200-day simple moving average is $10.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.83 and a quick ratio of 0.66. Star Group has a 52-week low of $9.64 and a 52-week high of $14.76.

Star Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th will be paid a $0.1725 dividend. This represents a $0.69 annualized dividend and a dividend yield of 6.35%. The ex-dividend date of this dividend is Monday, July 29th. Star Group’s dividend payout ratio (DPR) is presently 104.55%.

Star Group Company Profile

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.