CrossAmerica Partners (CAPL) Projected to Post Earnings on Wednesday

CrossAmerica Partners (NYSE:CAPL) is expected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect CrossAmerica Partners to post earnings of $0.04 per share and revenue of $1.21 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

CrossAmerica Partners Stock Down 1.7 %

Shares of CrossAmerica Partners stock opened at $22.86 on Monday. The company has a market cap of $869.56 million, a PE ratio of 43.95 and a beta of 1.47. The business has a 50 day moving average of $22.30 and a 200 day moving average of $21.25. CrossAmerica Partners has a 52 week low of $18.43 and a 52 week high of $23.60.

CrossAmerica Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 3rd were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.19%. CrossAmerica Partners’s dividend payout ratio is presently 403.85%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded CrossAmerica Partners from a “buy” rating to a “strong-buy” rating in a report on Friday, November 15th.

About CrossAmerica Partners

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.