John Rothka Sells 1,000 Shares of Core Natural Resources (NYSE:CNR) Stock

Core Natural Resources, Inc. (NYSE:CNR) CAO John Rothka sold 1,000 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $97.66, for a total transaction of $97,660.00. Following the transaction, the chief accounting officer directly owned 5,190 shares of the company’s stock, valued at $506,855.40. This represents a 16.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

John Rothka also recently made the following trade(s):

• On Tuesday, March 10th, John Rothka sold 3,800 shares of Core Natural Resources stock. The shares were sold at an average price of $91.62, for a total transaction of $348,156.00.

Core Natural Resources Stock Performance

CNR traded up $10.10 during trading on Thursday, reaching $111.64. The company’s stock had a trading volume of 1,327,126 shares, compared to its average volume of 849,457. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.15 and a current ratio of 1.60. The company’s fifty day moving average price is $93.15 and its 200-day moving average price is $86.79. Core Natural Resources, Inc. has a 52-week low of $58.19 and a 52-week high of $113.57. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of -37.05 and a beta of 0.34.

Core Natural Resources (NYSE:CNR) last issued its earnings results on Thursday, February 12th. The energy company reported ($1.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.78) by ($0.76). The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $996.54 million. Core Natural Resources had a negative return on equity of 4.05% and a negative net margin of 3.68%.The business’s quarterly revenue was up 81.8% on a year-over-year basis. During the same period last year, the company posted $1.04 earnings per share. On average, equities analysts forecast that Core Natural Resources, Inc. will post 11.4 earnings per share for the current fiscal year.

Core Natural Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a $0.10 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.40 annualized dividend and a yield of 0.4%. Core Natural Resources’s dividend payout ratio is presently -13.29%.

Institutional Investors Weigh In On Core Natural Resources

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in Core Natural Resources by 27.7% during the second quarter. JPMorgan Chase & Co. now owns 513,191 shares of the energy company’s stock worth $35,790,000 after buying an additional 111,331 shares during the period. Magnolia Group LLC boosted its stake in Core Natural Resources by 2.4% in the 3rd quarter. Magnolia Group LLC now owns 732,000 shares of the energy company’s stock worth $61,107,000 after buying an additional 17,500 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Core Natural Resources in the 3rd quarter valued at about $4,369,000. Geode Capital Management LLC grew its holdings in Core Natural Resources by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,237,486 shares of the energy company’s stock valued at $86,318,000 after buying an additional 20,541 shares during the period. Finally, Osaic Holdings Inc. increased its stake in shares of Core Natural Resources by 711.1% during the 2nd quarter. Osaic Holdings Inc. now owns 28,615 shares of the energy company’s stock valued at $1,996,000 after acquiring an additional 25,087 shares during the last quarter. 86.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Zacks Research lowered shares of Core Natural Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Core Natural Resources in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Core Natural Resources from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Finally, UBS Group increased their target price on shares of Core Natural Resources from $105.00 to $109.00 and gave the company a “buy” rating in a report on Thursday, March 12th. Four investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $112.25.

Core Natural Resources Company Profile

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company’s PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.