ValuEngine upgraded shares of CONSOL Coal Resources (NYSE:CCR) from a hold rating to a buy rating in a report published on Tuesday morning.

Several other analysts have also issued reports on CCR. Zacks Investment Research raised shares of CONSOL Coal Resources from a hold rating to a buy rating and set a $17.00 price target on the stock in a research report on Wednesday, July 18th. B. Riley upped their target price on shares of CONSOL Coal Resources from $21.00 to $22.00 and gave the stock a buy rating in a report on Tuesday, July 10th. TheStreet raised shares of CONSOL Coal Resources from a c- rating to a b rating in a report on Monday, July 2nd. Finally, Citigroup upped their target price on shares of CONSOL Coal Resources from $15.00 to $16.00 and gave the stock a neutral rating in a report on Tuesday, July 31st. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of $20.20.

NYSE CCR opened at $18.70 on Tuesday. CONSOL Coal Resources has a 12-month low of $12.56 and a 12-month high of $19.16. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.44 and a current ratio of 0.61. The company has a market capitalization of $520.07 million, a PE ratio of 9.36 and a beta of 1.42.

CONSOL Coal Resources (NYSE:CCR) last posted its quarterly earnings results on Thursday, August 2nd. The energy company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.09. CONSOL Coal Resources had a net margin of 15.25% and a return on equity of 27.24%. The company had revenue of $98.06 million for the quarter, compared to analyst estimates of $97.65 million. research analysts predict that CONSOL Coal Resources will post 2.3 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 15th. Investors of record on Wednesday, August 8th were issued a dividend of $0.5125 per share. This represents a $2.05 dividend on an annualized basis and a yield of 10.96%. The ex-dividend date of this dividend was Tuesday, August 7th. This is a positive change from CONSOL Coal Resources’s previous quarterly dividend of $0.51. CONSOL Coal Resources’s dividend payout ratio is 140.41%.

Institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its holdings in CONSOL Coal Resources by 32,465.3% during the 1st quarter. Wells Fargo & Company MN now owns 32,891 shares of the energy company’s stock worth $458,000 after acquiring an additional 32,790 shares during the period. Renaissance Technologies LLC bought a new stake in CONSOL Coal Resources during the 4th quarter worth approximately $718,000. Deutsche Bank AG bought a new stake in CONSOL Coal Resources during the 4th quarter worth approximately $804,000. Finally, Mountain Lake Investment Management LLC increased its holdings in CONSOL Coal Resources by 4.5% during the 1st quarter. Mountain Lake Investment Management LLC now owns 575,000 shares of the energy company’s stock worth $8,021,000 after acquiring an additional 25,000 shares during the period. 23.63% of the stock is currently owned by institutional investors and hedge funds.

CONSOL Coal Resources Company Profile

CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.

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