Core Natural Resources (NYSE:CNR) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Core Natural Resources, Inc. (NYSE:CNR) shares passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $91.08 and traded as low as $88.00. Core Natural Resources shares last traded at $88.5160, with a volume of 561,891 shares trading hands.

Analyst Upgrades and Downgrades

CNR has been the topic of a number of research analyst reports. 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. Zacks Research downgraded shares of Core Natural Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. B. Riley Financial upped their target price on shares of Core Natural Resources from $118.00 to $122.00 and gave the company a “buy” rating in a research note on Monday. Finally, UBS Group cut shares of Core Natural Resources from a “buy” rating to a “neutral” rating and increased their price target for the stock from $101.00 to $105.00 in a research report on Tuesday, August 18th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $113.50.

Core Natural Resources Price Performance

The company has a 50 day moving average of $92.96 and a 200-day moving average of $91.04. The stock has a market capitalization of $4.37 billion, a P/E ratio of 44.27 and a beta of 0.25. The company has a quick ratio of 1.32, a current ratio of 1.83 and a debt-to-equity ratio of 0.11.

Core Natural Resources (NYSE:CNR) last released its earnings results on Thursday, August 6th. The energy company reported $2.51 earnings per share for the quarter, beating the consensus estimate of $0.60 by $1.91. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.11 billion. Core Natural Resources had a net margin of 2.34% and a return on equity of 0.03%. Sell-side analysts predict that Core Natural Resources, Inc. will post 2.96 EPS for the current year.

Core Natural Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Monday, August 31st were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. Core Natural Resources’s payout ratio is 20.10%.

Institutional Investors Weigh In On Core Natural Resources

A number of institutional investors have recently modified their holdings of the business. Signaturefd LLC lifted its holdings in Core Natural Resources by 85.2% in the third quarter. Signaturefd LLC now owns 313 shares of the energy company’s stock worth $27,000 after acquiring an additional 144 shares during the last quarter. First Horizon Corp boosted its stake in Core Natural Resources by 97.6% in the first quarter. First Horizon Corp now owns 334 shares of the energy company’s stock valued at $35,000 after acquiring an additional 165 shares during the period. Financial Management Professionals Inc. grew its holdings in shares of Core Natural Resources by 132.8% during the third quarter. Financial Management Professionals Inc. now owns 419 shares of the energy company’s stock valued at $36,000 after purchasing an additional 239 shares during the last quarter. Sterling Capital Management LLC grew its holdings in shares of Core Natural Resources by 78.7% during the third quarter. Sterling Capital Management LLC now owns 1,260 shares of the energy company’s stock valued at $108,000 after purchasing an additional 555 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Core Natural Resources during the second quarter valued at approximately $104,000. Institutional investors own 86.54% of the company’s stock.

About Core Natural Resources

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.