Green Plains (GPRE) Declares $0.12 Quarterly Dividend; 3.2% Yield

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Go back to Green Plains (GPRE) Declares $0.12 Quarterly Dividend; 3.2% Yield

Piper Jaffray Remains Sidelined as Ethanol Volatility Weighs on Green Plains (GPRE)

February 12, 2016 9:27 AM EST

Piper Jaffray reiterated a Neutral rating on Green Plains Renewable Energy (NASDAQ: GPRE), and cut the price target to $14.00 (from $18.00), following the company's 4Q. GPRE reported 4Q downside, where EPS of ($0.09) was well below Street expectations of $0.22 on lower than expected ethanol earnings due to ethanol and corn price volatility weighing on ethanol production... More