CONSOL Energy (CEIX) to Release Earnings on Tuesday

CONSOL Energy (NYSE:CEIX - Get Free Report) is set to announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect CONSOL Energy to post earnings of $3.16 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

CONSOL Energy (NYSE:CEIX - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.68. CONSOL Energy had a net margin of 18.28% and a return on equity of 30.50%. The company had revenue of $501.10 million during the quarter, compared to analyst estimates of $429.90 million. During the same period in the previous year, the business posted $4.94 earnings per share. On average, analysts expect CONSOL Energy to post $12 EPS for the current fiscal year and $16 EPS for the next fiscal year.

CONSOL Energy Stock Performance

CEIX traded up $1.03 during trading on Tuesday, hitting $110.38. The company's stock had a trading volume of 357,587 shares, compared to its average volume of 477,645. The business's 50 day simple moving average is $100.86 and its 200-day simple moving average is $96.84. The firm has a market cap of $3.24 billion, a PE ratio of 6.68 and a beta of 1.73. CONSOL Energy has a one year low of $75.43 and a one year high of $114.30. The company has a quick ratio of 1.31, a current ratio of 1.55 and a debt-to-equity ratio of 0.13.

CONSOL Energy Cuts Dividend

The business also recently announced a Variable dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a yield of 0.5%. CONSOL Energy's dividend payout ratio is currently 1.52%.

Wall Street Analysts Forecast Growth

Separately, B. Riley upped their price target on CONSOL Energy from $109.00 to $138.00 and gave the stock a "buy" rating in a research report on Monday, October 7th.

About CONSOL Energy

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.