Core Natural Resources (NYSE:CNR) Shares Down 3.5% – Time to Sell?

Shares of Core Natural Resources, Inc. (NYSE:CNR) traded down 3.5% during trading on Tuesday. The stock traded as low as $86.89 and last traded at $86.7140. 86,765 shares traded hands during trading, a decline of 88% from the average session volume of 722,178 shares. The stock had previously closed at $89.90.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. UBS Group cut shares of Core Natural Resources from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $101.00 to $105.00 in a report on Tuesday, August 18th. Weiss Ratings upgraded shares of Core Natural Resources from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 6th. Finally, Zacks Research cut shares of Core Natural Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Core Natural Resources presently has an average rating of “Hold” and an average price target of $105.00.

Core Natural Resources Price Performance

The firm has a 50-day moving average of $93.52 and a 200 day moving average of $89.12. The company has a market capitalization of $4.35 billion, a PE ratio of 44.03 and a beta of 0.25. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.83 and a quick ratio of 1.32.

Core Natural Resources (NYSE:CNR) last issued its earnings results on Thursday, August 6th. The energy company reported $2.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $1.91. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.11 billion. Core Natural Resources had a return on equity of 0.03% and a net margin of 2.34%. As a group, research analysts anticipate that Core Natural Resources, Inc. will post 2.96 earnings per share for the current fiscal year.

Core Natural Resources Dividend Announcement

The business 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. The ex-dividend date was Monday, August 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. Core Natural Resources’s payout ratio is currently 20.10%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. First Horizon Corp lifted its position in Core Natural Resources by 97.6% during the first quarter. First Horizon Corp now owns 334 shares of the energy company’s stock valued at $35,000 after purchasing an additional 165 shares during the period. Public Employees Retirement System of Ohio bought a new stake in Core Natural Resources in the 2nd quarter worth approximately $104,000. Allworth Financial LP grew its position in Core Natural Resources by 36.0% in the 2nd quarter. Allworth Financial LP now owns 1,466 shares of the energy company’s stock worth $117,000 after purchasing an additional 388 shares during the period. Farther Finance Advisors LLC raised its stake in Core Natural Resources by 95.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,789 shares of the energy company’s stock valued at $154,000 after buying an additional 873 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Core Natural Resources by 10.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,827 shares of the energy company’s stock valued at $146,000 after buying an additional 178 shares during the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

Core Natural Resources Company Profile

Core Natural Resources, Inc is a diversified coal producer formed through the combination of Arch Resources and CONSOL Energy, completed in January 2025. The company mines and markets both metallurgical coal, which is used in steelmaking, and thermal coal, which is used primarily for electricity generation and industrial applications.

Core Natural Resources operates mining assets in the United States, including operations in the Appalachian region and the western United States. Its portfolio includes underground and surface mines, and the company also has coal logistics and export capabilities that support deliveries to domestic and international customers.

The company serves electric utilities, steel producers, industrial users and other customers in the United States and overseas.