CrossAmerica Partners (CAPL) to Release Earnings on Wednesday

CrossAmerica Partners (NYSE:CAPL) is projected to post its quarterly earnings results 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. Individual interested in listening to the company’s earnings conference call can do so using this link.

CrossAmerica Partners Price Performance

NYSE CAPL opened at $22.71 on Wednesday. CrossAmerica Partners has a 1 year low of $18.43 and a 1 year high of $23.60. The stock has a market capitalization of $864.12 million, a PE ratio of 43.67 and a beta of 1.47. The company’s 50 day simple moving average is $22.24 and its two-hundred day simple moving average is $21.16.

CrossAmerica Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 3rd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 9.25%. The ex-dividend date of this dividend was Monday, February 3rd. CrossAmerica Partners’s dividend payout ratio is presently 403.85%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of CrossAmerica Partners from a “buy” rating to a “strong-buy” rating in a research note 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.