Peabody Energy Co. (NYSE:BTU - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $10.31, but opened at $12.15. Peabody Energy shares last traded at $11.56, with a volume of 973,677 shares traded.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on BTU. Benchmark dropped their price target on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Jefferies Financial Group reduced their target price on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Monday, January 6th. B. Riley dropped their price target on Peabody Energy from $27.00 to $19.00 and set a "buy" rating for the company in a research note on Friday. Finally, BMO Capital Markets raised shares of Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 target price on the stock in a report on Monday, December 16th.
Check Out Our Latest Research Report on BTU
Peabody Energy Price Performance
The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.68 and a current ratio of 2.15. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 4.72 and a beta of 0.52. The business has a fifty day moving average price of $13.94 and a 200 day moving average price of $19.96.
Peabody Energy (NYSE:BTU - Get Free Report) last posted its earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. As a group, research analysts anticipate that Peabody Energy Co. will post 2.61 earnings per share for the current year.
Peabody Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.36%. Peabody Energy's payout ratio is presently 11.11%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. FMR LLC raised its position in Peabody Energy by 9.7% in the third quarter. FMR LLC now owns 6,897 shares of the coal producer's stock valued at $183,000 after purchasing an additional 611 shares during the last quarter. Wellington Management Group LLP increased its holdings in Peabody Energy by 26.7% in the third quarter. Wellington Management Group LLP now owns 251,078 shares of the coal producer's stock worth $6,664,000 after purchasing an additional 52,960 shares in the last quarter. Barclays PLC lifted its position in shares of Peabody Energy by 323.5% during the 3rd quarter. Barclays PLC now owns 248,891 shares of the coal producer's stock valued at $6,605,000 after acquiring an additional 190,120 shares during the period. Geode Capital Management LLC raised its holdings in shares of Peabody Energy by 8.0% during the third quarter. Geode Capital Management LLC now owns 2,918,536 shares of the coal producer's stock valued at $77,473,000 after purchasing an additional 216,887 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in Peabody Energy by 16.5% in the third quarter. Sanctuary Advisors LLC now owns 37,826 shares of the coal producer's stock worth $1,037,000 after acquiring an additional 5,361 shares in the last quarter. 87.44% of the stock is currently owned by institutional investors.
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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