Warrior Met Coal's (HCC) Hold Rating Reiterated at Benchmark

Benchmark reissued their hold rating on shares of Warrior Met Coal (NYSE:HCC - Free Report) in a research note issued to investors on Friday,Benzinga reports.

A number of other analysts have also recently commented on HCC. B. Riley upped their price target on Warrior Met Coal from $89.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Jefferies Financial Group decreased their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Monday, January 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $74.00.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock traded up $0.77 during trading hours on Friday, reaching $50.33. 1,459,798 shares of the stock traded hands, compared to its average volume of 759,474. Warrior Met Coal has a one year low of $49.33 and a one year high of $75.53. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 6.95 and a beta of 1.07. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average price of $54.49 and a 200 day moving average price of $59.56.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.34). The business had revenue of $297.47 million for the quarter, compared to analysts' expectations of $331.70 million. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. On average, equities research analysts expect that Warrior Met Coal will post 5.3 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 24th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Monday, February 24th. Warrior Met Coal's dividend payout ratio (DPR) is 4.42%.

Institutional Trading of Warrior Met Coal

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Blue Trust Inc. boosted its stake in Warrior Met Coal by 48.5% in the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $35,000 after purchasing an additional 180 shares during the period. FNY Investment Advisers LLC bought a new position in shares of Warrior Met Coal during the fourth quarter worth $43,000. GAMMA Investing LLC grew its stake in Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company's stock valued at $54,000 after acquiring an additional 358 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Warrior Met Coal by 31.0% in the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock valued at $64,000 after acquiring an additional 279 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in Warrior Met Coal by 304.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after acquiring an additional 1,040 shares during the last quarter. Institutional investors own 92.28% of the company's stock.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.