B. Riley Lowers Core Natural Resources (NYSE:CNR) Price Target to $136.00

Core Natural Resources (NYSE:CNR - Get Free Report) had its price target reduced by stock analysts at B. Riley from $140.00 to $136.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the energy company's stock. B. Riley's target price points to a potential upside of 85.74% from the company's current price. B. Riley also issued estimates for Core Natural Resources' Q1 2025 earnings at $1.67 EPS, Q2 2025 earnings at $2.27 EPS, Q3 2025 earnings at $3.57 EPS, Q4 2025 earnings at $3.86 EPS, FY2025 earnings at $11.37 EPS, Q1 2026 earnings at $3.87 EPS, Q2 2026 earnings at $3.91 EPS, Q3 2026 earnings at $3.97 EPS, Q4 2026 earnings at $3.91 EPS, FY2026 earnings at $15.67 EPS and FY2027 earnings at $15.58 EPS.

CNR has been the topic of several other research reports. Benchmark boosted their target price on Core Natural Resources from $105.00 to $140.00 and gave the company a "buy" rating in a research note on Monday, November 18th. Piper Sandler upgraded Core Natural Resources from a "neutral" rating to an "overweight" rating and cut their target price for the company from $165.00 to $150.00 in a research note on Monday, January 6th. Jefferies Financial Group upgraded Core Natural Resources from a "hold" rating to a "buy" rating and cut their target price for the company from $165.00 to $150.00 in a research note on Monday, January 6th. Finally, StockNews.com initiated coverage on Core Natural Resources in a research note on Thursday, January 30th. They issued a "hold" rating on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Core Natural Resources presently has an average rating of "Moderate Buy" and a consensus price target of $147.17.

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Core Natural Resources Stock Down 2.7 %

Shares of NYSE:CNR traded down $2.03 during trading on Monday, hitting $73.22. 837,849 shares of the company's stock traded hands, compared to its average volume of 1,149,825. Core Natural Resources has a 52 week low of $72.97 and a 52 week high of $134.59. The company has a current ratio of 1.38, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 7.62 and a beta of 1.74. The company has a 50-day moving average price of $118.81 and a 200-day moving average price of $135.31.

Core Natural Resources (NYSE:CNR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $3.07 earnings per share for the quarter, beating the consensus estimate of $1.63 by $1.44. Core Natural Resources had a return on equity of 23.87% and a net margin of 12.81%. The business had revenue of $595.29 million for the quarter, compared to analysts' expectations of $493.50 million. As a group, research analysts forecast that Core Natural Resources will post 11.4 EPS for the current fiscal year.

Institutional Investors Weigh In On Core Natural Resources

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC raised its stake in shares of Core Natural Resources by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 751,044 shares of the energy company's stock worth $78,609,000 after purchasing an additional 31,310 shares in the last quarter. FMR LLC raised its stake in shares of Core Natural Resources by 159.5% during the 3rd quarter. FMR LLC now owns 657,654 shares of the energy company's stock worth $90,862,000 after purchasing an additional 404,249 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Core Natural Resources by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 385,258 shares of the energy company's stock worth $40,317,000 after purchasing an additional 990 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new stake in shares of Core Natural Resources during the 4th quarter worth approximately $28,790,000. Finally, Victory Capital Management Inc. raised its stake in shares of Core Natural Resources by 578.7% during the 3rd quarter. Victory Capital Management Inc. now owns 265,133 shares of the energy company's stock worth $27,746,000 after purchasing an additional 226,069 shares in the last quarter. Institutional investors own 86.54% of the company's stock.

Core Natural Resources Company Profile

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.