Peabody Energy (NYSE:BTU – Free Report) had its price target reduced by Benchmark from $40.00 to $36.00 in a report published on Thursday morning,Benzinga reports. Benchmark currently has a buy rating on the coal producer’s stock.
Other equities research analysts have also issued research reports about the company. UBS Group dropped their price target on Peabody Energy from $32.00 to $30.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings lowered Peabody Energy from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 23rd. B. Riley Financial lowered their target price on Peabody Energy from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Zacks Research upgraded shares of Peabody Energy from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $34.88.
View Our Latest Research Report on Peabody Energy
Peabody Energy Price Performance
Peabody Energy (NYSE:BTU – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coal producer reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.36). Peabody Energy had a negative return on equity of 5.22% and a negative net margin of 4.56%.The business had revenue of $1 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the previous year, the business posted ($0.23) EPS. The business’s quarterly revenue was up 12.7% compared to the same quarter last year. On average, research analysts expect that Peabody Energy will post 0.33 EPS for the current year.
Peabody Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 12th will be paid a $0.075 dividend. The ex-dividend date is Wednesday, August 12th. This represents a $0.30 annualized dividend and a yield of 1.4%. Peabody Energy’s payout ratio is presently -30.30%.
Hedge Funds Weigh In On Peabody Energy
Hedge funds have recently made changes to their positions in the business. Signaturefd LLC lifted its position in Peabody Energy by 11.6% during the 4th quarter. Signaturefd LLC now owns 2,625 shares of the coal producer’s stock worth $78,000 after buying an additional 272 shares in the last quarter. Maryland State Retirement & Pension System grew its holdings in shares of Peabody Energy by 2.0% in the 4th quarter. Maryland State Retirement & Pension System now owns 17,838 shares of the coal producer’s stock valued at $530,000 after acquiring an additional 357 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Peabody Energy by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 27,849 shares of the coal producer’s stock valued at $827,000 after acquiring an additional 500 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Peabody Energy by 5.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,078 shares of the coal producer’s stock valued at $329,000 after acquiring an additional 588 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Peabody Energy by 24.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,103 shares of the coal producer’s stock worth $93,000 after acquiring an additional 616 shares in the last quarter. 87.44% of the stock is owned by institutional investors.
Trending Headlines about Peabody Energy
Here are the key news stories impacting Peabody Energy this week:
- Positive Sentiment: Benchmark maintained a Buy rating while lowering its price target from $40 to $36, still implying substantial potential upside from recent trading levels. Benzinga analyst price-target report
- Positive Sentiment: Peabody declared a quarterly dividend of $0.075 per share, payable September 3 to shareholders of record August 12. The dividend provides some income support, although the indicated yield is modest. Peabody dividend and stock information
- Neutral Sentiment: B. Riley lowered its price target from $30 to $29 and retained a Neutral rating, signaling that analysts continue to see value but have reduced expectations. B. Riley analyst price-target report
- Negative Sentiment: Peabody reported second-quarter EPS of -$0.74, missing the consensus estimate of -$0.31, while revenue of approximately $1.0 billion was below the $1.02 billion forecast. The company also issued lower metallurgical coal volume expectations, intensifying concerns about operating performance. Peabody second-quarter earnings report
- Negative Sentiment: Several law firms announced or promoted a securities class action and investigations alleging that Peabody misled investors about the operational status and production capabilities of its Centurion underground metallurgical coal mine in Queensland, Australia. The allegations have not been proven, but the litigation creates legal, financial and reputational risks. Investors who purchased shares during the October 14, 2024–May 4, 2026 class period face an August 24, 2026 lead-plaintiff deadline. Hagens Berman Peabody investigation
About Peabody Energy
Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.
Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.
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