Peabody Energy (NYSE:BTU - Get Free Report) announced its quarterly earnings results on Thursday. The coal producer reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.25), Zacks reports. Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%.
Peabody Energy Price Performance
NYSE BTU traded up $0.82 during trading on Monday, hitting $16.75. 4,468,494 shares of the company's stock were exchanged, compared to its average volume of 3,398,722. The stock's 50 day moving average price is $20.01 and its two-hundred day moving average price is $22.81. Peabody Energy has a fifty-two week low of $15.79 and a fifty-two week high of $29.94. The company has a current ratio of 2.15, a quick ratio of 1.75 and a debt-to-equity ratio of 0.27. The company has a market cap of $2.04 billion, a PE ratio of 6.20 and a beta of 0.95.
Peabody Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.30 annualized dividend and a dividend yield of 1.79%. Peabody Energy's dividend payout ratio is currently 11.11%.
Analyst Upgrades and Downgrades
BTU has been the subject of several recent research reports. Benchmark reduced their price objective on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday. BMO Capital Markets upgraded shares of Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 price objective for the company in a research note on Monday, December 16th. Finally, Jefferies Financial Group lowered their target price on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Monday, January 6th.
Read Our Latest Stock Report on BTU
About Peabody Energy
(
Get Free Report)
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.
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