Shares of Core Natural Resources, Inc. (NYSE:CNR – Get Free Report) have received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $115.00.
Several equities analysts recently issued reports on the company. Zacks Research raised Core Natural Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Weiss Ratings upgraded Core Natural Resources from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Finally, UBS Group downgraded shares of Core Natural Resources from a “buy” rating to a “neutral” rating and increased their price objective for the company from $101.00 to $105.00 in a research report on Tuesday, August 18th.
Check Out Our Latest Research Report on CNR
Core Natural Resources Stock Up 2.4%
Core Natural Resources (NYSE:CNR – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The energy company reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $1.91. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Core Natural Resources had a net margin of 2.34% and a return on equity of 0.03%. On average, analysts anticipate that Core Natural Resources will post 2.96 EPS for the current fiscal year.
Core Natural Resources Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Monday, August 31st were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, August 31st. Core Natural Resources’s dividend payout ratio (DPR) is 20.10%.
Institutional Trading of Core Natural Resources
A number of hedge funds have recently bought and sold shares of CNR. Goehring & Rozencwajg Associates LLC grew its stake in Core Natural Resources by 134.0% during the first quarter. Goehring & Rozencwajg Associates LLC now owns 708,225 shares of the energy company’s stock valued at $74,172,000 after acquiring an additional 405,505 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Core Natural Resources in the 2nd quarter worth $26,071,000. Encompass Capital Advisors LLC lifted its stake in Core Natural Resources by 122.2% in the 1st quarter. Encompass Capital Advisors LLC now owns 500,000 shares of the energy company’s stock worth $52,365,000 after purchasing an additional 275,000 shares in the last quarter. BW Gestao de Investimentos Ltda. bought a new position in shares of Core Natural Resources during the 4th quarter valued at about $9,070,000. Finally, Energy Income Partners LLC grew its position in shares of Core Natural Resources by 68.9% during the first quarter. Energy Income Partners LLC now owns 223,354 shares of the energy company’s stock valued at $23,392,000 after purchasing an additional 91,100 shares in the last quarter. Hedge funds and other institutional investors own 86.54% of the company’s stock.
About Core Natural Resources
Core Natural Resources, Inc is a U.S.-based natural resources company that produces and markets coal for the global steel and power-generation industries. Its products include metallurgical coal used in steelmaking and thermal coal used to generate electricity.
The company was formed through the combination of Arch Resources and CONSOL Energy, completed in 2025. Core Natural Resources operates mining assets in major U.S. coal-producing regions, including Central and Northern Appalachia and the Mountain West, and serves customers in domestic and international markets through coal sales and export channels.
Core Natural Resources is headquartered in Canonsburg, Pennsylvania.
See Also
- Five stocks we like better than Core Natural Resources
- NVIDIA’s Record High Raises a Bigger Question About How Far the Rally Can Run
- A Manufacturing Surprise Could Be a Big Win for These 2 Companies
- What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions
- 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks
Receive News & Ratings for Core Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Core Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter.
