Core Natural Resources, Inc. (NYSE:CNR) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Core Natural Resources, Inc. (NYSE:CNR - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $147.17.

Several research firms have recently commented on CNR. Jefferies Financial Group raised shares of Core Natural Resources from a "hold" rating to a "buy" rating and lowered their price objective for the company from $165.00 to $150.00 in a research note on Monday, January 6th. Benchmark restated a "buy" rating and issued a $112.00 price target on shares of Core Natural Resources in a research note on Tuesday, February 25th. StockNews.com started coverage on Core Natural Resources in a research note on Thursday, January 30th. They issued a "hold" rating on the stock. B. Riley decreased their target price on Core Natural Resources from $140.00 to $136.00 and set a "buy" rating for the company in a report on Monday, February 24th. Finally, Piper Sandler upgraded Core Natural Resources from a "neutral" rating to an "overweight" rating and cut their price target for the stock from $165.00 to $150.00 in a report on Monday, January 6th.

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Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CNR. GAMMA Investing LLC lifted its stake in Core Natural Resources by 340.5% during the fourth quarter. GAMMA Investing LLC now owns 185 shares of the energy company's stock worth $26,000 after purchasing an additional 143 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Core Natural Resources by 82.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 222 shares of the energy company's stock worth $31,000 after buying an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Core Natural Resources in the 4th quarter valued at $26,000. Jones Financial Companies Lllp boosted its holdings in shares of Core Natural Resources by 226.7% in the 4th quarter. Jones Financial Companies Lllp now owns 245 shares of the energy company's stock valued at $35,000 after buying an additional 170 shares in the last quarter. Finally, Fortitude Family Office LLC grew its position in shares of Core Natural Resources by 63.8% in the 4th quarter. Fortitude Family Office LLC now owns 267 shares of the energy company's stock valued at $28,000 after buying an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 86.54% of the company's stock.

Core Natural Resources Trading Up 0.0 %

NYSE:CNR traded up $0.02 during trading hours on Tuesday, reaching $73.25. 2,036,179 shares of the stock were exchanged, compared to its average volume of 1,128,735. Core Natural Resources has a twelve month low of $66.54 and a twelve month high of $134.59. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05. The business has a 50-day moving average of $98.58 and a two-hundred day moving average of $129.62. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 7.62 and a beta of 1.65.

Core Natural Resources (NYSE:CNR - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.44. The firm had revenue of $595.29 million for the quarter, compared to analyst estimates of $493.50 million. Core Natural Resources had a return on equity of 23.87% and a net margin of 12.81%. On average, equities analysts predict that Core Natural Resources will post 11.4 EPS for the current year.

Core Natural Resources Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Monday, March 3rd. Core Natural Resources's dividend payout ratio (DPR) is 4.16%.

About Core Natural Resources

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.