CrossAmerica Partners (CAPL) Projected to Post Earnings on Wednesday

CrossAmerica Partners (NYSE:CAPL) will likely be releasing 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 Performance

Shares of CAPL stock opened at $22.86 on Monday. CrossAmerica Partners has a fifty-two week low of $18.43 and a fifty-two week high of $23.60. The stock has a 50 day moving average price of $22.30 and a two-hundred day moving average price of $21.25. The company has a market capitalization of $869.56 million, a P/E ratio of 43.95 and a beta of 1.47.

CrossAmerica Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 3rd were given a $0.525 dividend. The ex-dividend date was Monday, February 3rd. This represents a $2.10 annualized dividend and a yield of 9.19%. CrossAmerica Partners’s payout ratio is currently 403.85%.

Wall Street Analyst Weigh In

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