Media stories about Green Plains (NASDAQ:GPRE) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Green Plains earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 47.6275843332295 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- BidaskClub Lowers Green Plains, Inc. (GPRE) to Sell (americanbankingnews.com)
- Green Plains, Inc. (GPRE) Trades at New 52-Week High (highlightpress.com)
- Green Plains Inc (GPRE) Needle Moving on Volume – Sheridan Daily (sheridandaily.com)
- Investors Set Sail on Valuation For Green Plains Inc (GPRE) – Evergreen Caller (evergreencaller.com)
- Green Plains, Inc. to Issue Quarterly Dividend of $0.12 (GPRE) (americanbankingnews.com)
Several brokerages have recently issued reports on GPRE. Jefferies Group LLC reiterated a “buy” rating and set a $32.00 price target on shares of Green Plains in a report on Tuesday, May 2nd. Zacks Investment Research downgraded shares of Green Plains from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. BMO Capital Markets reiterated an “outperform” rating and set a $30.00 price target on shares of Green Plains in a report on Wednesday, April 26th. Piper Jaffray Companies reissued a “hold” rating and issued a $28.00 price objective on shares of Green Plains in a research note on Friday, July 14th. Finally, BidaskClub raised shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. Green Plains currently has an average rating of “Hold” and a consensus target price of $27.29.
Shares of Green Plains (GPRE) traded up 0.58% during mid-day trading on Friday, hitting $17.25. 1,376,208 shares of the company traded hands. The firm’s 50 day moving average price is $19.26 and its 200-day moving average price is $22.17. Green Plains has a 1-year low of $16.90 and a 1-year high of $29.85. The stock has a market capitalization of $715.60 million, a PE ratio of 100.88 and a beta of 1.42.
Green Plains (NASDAQ:GPRE) last issued its earnings results on Monday, July 31st. The specialty chemicals company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.29. Green Plains had a return on equity of 0.68% and a net margin of 0.19%. The business had revenue of $886.30 million during the quarter, compared to analysts’ expectations of $986.88 million. During the same quarter in the previous year, the business earned $0.21 EPS. Green Plains’s revenue for the quarter was down .2% compared to the same quarter last year. On average, equities research analysts forecast that Green Plains will post ($0.21) EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Monday, August 28th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, August 24th. Green Plains’s payout ratio is 282.35%.
In other Green Plains news, EVP Michelle Mapes sold 7,000 shares of the business’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $23.22, for a total value of $162,540.00. Following the transaction, the executive vice president now owns 49,596 shares in the company, valued at $1,151,619.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Todd A. Becker sold 5,600 shares of the business’s stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $23.29, for a total transaction of $130,424.00. Following the completion of the transaction, the insider now owns 708,088 shares in the company, valued at approximately $16,491,369.52. The disclosure for this sale can be found here. Insiders sold 85,602 shares of company stock worth $1,875,511 in the last 90 days. Corporate insiders own 6.40% of the company’s stock.
Green Plains Company Profile
Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.
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