CONSOL Energy Inc. (NYSE:CEIX) Short Interest Update

CONSOL Energy Inc. (NYSE:CEIX - Get Free Report) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 2,560,000 shares, a decrease of 12.3% from the November 15th total of 2,920,000 shares. Currently, 8.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 478,900 shares, the days-to-cover ratio is currently 5.3 days.

Hedge Funds Weigh In On CONSOL Energy

Institutional investors have recently bought and sold shares of the stock. Synovus Financial Corp purchased a new stake in shares of CONSOL Energy in the third quarter worth $314,000. Chiron Investment Management LLC increased its stake in CONSOL Energy by 5.9% in the 3rd quarter. Chiron Investment Management LLC now owns 5,919 shares of the company's stock worth $619,000 after buying an additional 331 shares in the last quarter. Geode Capital Management LLC raised its holdings in CONSOL Energy by 4.4% during the third quarter. Geode Capital Management LLC now owns 751,044 shares of the company's stock valued at $78,609,000 after acquiring an additional 31,310 shares during the period. Vestcor Inc lifted its position in shares of CONSOL Energy by 21.5% in the third quarter. Vestcor Inc now owns 33,105 shares of the company's stock valued at $3,464,000 after acquiring an additional 5,860 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of CONSOL Energy by 158.2% in the third quarter. Barclays PLC now owns 60,521 shares of the company's stock worth $6,332,000 after acquiring an additional 37,080 shares during the period. 86.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CEIX has been the topic of a number of research analyst reports. Benchmark boosted their price target on CONSOL Energy from $105.00 to $140.00 and gave the company a "buy" rating in a report on Monday, November 18th. B. Riley lifted their price target on shares of CONSOL Energy from $109.00 to $138.00 and gave the company a "buy" rating in a research report on Monday, October 7th.

CONSOL Energy Stock Down 1.3 %

Shares of CEIX stock traded down $1.54 during mid-day trading on Friday, hitting $116.48. The company's stock had a trading volume of 301,696 shares, compared to its average volume of 485,809. The business has a 50-day moving average price of $118.23 and a 200 day moving average price of $105.19. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.16 and a current ratio of 1.38. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 8.55 and a beta of 1.76. CONSOL Energy has a 52-week low of $75.43 and a 52-week high of $134.59.

CONSOL Energy (NYSE:CEIX - Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported $3.22 earnings per share for the quarter, beating analysts' consensus estimates of $3.17 by $0.05. The company had revenue of $574.90 million for the quarter, compared to the consensus estimate of $554.00 million. CONSOL Energy had a return on equity of 28.96% and a net margin of 18.02%. CONSOL Energy's revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.11 earnings per share. Research analysts predict that CONSOL Energy will post 11.57 EPS for the current fiscal year.

CONSOL Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were paid a $0.25 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 0.86%. CONSOL Energy's dividend payout ratio (DPR) is 7.34%.

CONSOL Energy Company Profile

CONSOL Energy 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.