Core Natural Resources (CNR) to Release Earnings on Thursday

Core Natural Resources (NYSE:CNR - Get Free Report) is expected to issue its Q4 2024 quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $1.63 per share and revenue of $493.50 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Core Natural Resources (NYSE:CNR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The energy company reported $3.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $1.44. The firm had revenue of $595.29 million during the quarter, compared to the consensus estimate of $493.50 million. Core Natural Resources had a return on equity of 28.96% and a net margin of 18.02%. On average, analysts expect Core Natural Resources to post $11 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Core Natural Resources Trading Down 5.2 %

Shares of NYSE:CNR traded down $4.23 during midday trading on Friday, reaching $77.56. 1,203,822 shares of the company's stock were exchanged, compared to its average volume of 1,136,510. The firm's 50 day simple moving average is $126.21 and its two-hundred day simple moving average is $137.24. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 5.69 and a beta of 1.74. Core Natural Resources has a fifty-two week low of $74.74 and a fifty-two week high of $134.59.

Core Natural Resources Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Monday, March 3rd. Core Natural Resources's payout ratio is 7.34%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CNR shares. Benchmark raised their price objective on Core Natural Resources from $105.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday, November 18th. Piper Sandler raised Core Natural Resources from a "neutral" rating to an "overweight" rating and cut their price objective for the stock from $165.00 to $150.00 in a research report on Monday, January 6th. Jefferies Financial Group raised Core Natural Resources from a "hold" rating to a "buy" rating and dropped their target price for the company from $165.00 to $150.00 in a research report on Monday, January 6th. Finally, StockNews.com began coverage on Core Natural Resources in a research report on Thursday, January 30th. They issued a "hold" rating for the company. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $158.83.

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.