John Rothka Sells 3,800 Shares of Core Natural Resources (NYSE:CNR) Stock

Core Natural Resources, Inc. (NYSE:CNR) CAO John Rothka sold 3,800 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $91.62, for a total value of $348,156.00. Following the completion of the sale, the chief accounting officer directly owned 6,190 shares of the company’s stock, valued at approximately $567,127.80. This trade represents a 38.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Core Natural Resources Price Performance

Shares of NYSE CNR opened at $99.95 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.15 and a current ratio of 1.60. Core Natural Resources, Inc. has a one year low of $58.19 and a one year high of $103.50. The firm has a market capitalization of $5.10 billion, a P/E ratio of -33.21 and a beta of 0.34. The company’s fifty day moving average is $92.43 and its two-hundred day moving average is $85.98.

Core Natural Resources (NYSE:CNR) last announced its quarterly earnings results on Thursday, February 12th. The energy company reported ($1.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.78) by ($0.76). The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $996.54 million. Core Natural Resources had a negative net margin of 3.68% and a negative return on equity of 4.05%. The business’s revenue for the quarter was up 81.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.04 EPS. Analysts forecast that Core Natural Resources, Inc. will post 11.4 EPS for the current fiscal year.

Core Natural Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. Core Natural Resources’s dividend payout ratio (DPR) is -13.29%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Royal Bank of Canada acquired a new position in shares of Core Natural Resources during the 1st quarter worth approximately $2,037,000. AQR Capital Management LLC acquired a new stake in Core Natural Resources during the 1st quarter valued at $796,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Core Natural Resources during the first quarter worth $2,413,000. NewEdge Advisors LLC purchased a new position in Core Natural Resources during the first quarter worth $1,223,000. Finally, United Services Automobile Association acquired a new position in shares of Core Natural Resources in the first quarter worth $256,000. 86.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CNR. Weiss Ratings reissued a “sell (d+)” rating on shares of Core Natural Resources in a research note on Monday, December 29th. Wall Street Zen cut Core Natural Resources from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Zacks Research downgraded Core Natural Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 5th. Finally, UBS Group raised their price target on Core Natural Resources from $105.00 to $109.00 and gave the company a “buy” rating in a research report on Thursday. Four analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Core Natural Resources currently has a consensus rating of “Hold” and a consensus target price of $112.25.

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. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.