Peabody Energy (NYSE:BTU) Price Target Cut to $29.00 by Analysts at B. Riley Financial

Peabody Energy (NYSE:BTU) had its price objective cut by B. Riley Financial from $30.00 to $29.00 in a report released on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the coal producer’s stock. B. Riley Financial’s price objective suggests a potential upside of 34.59% from the company’s previous close.

Several other analysts have also recently issued reports on the company. Zacks Research upgraded Peabody Energy from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings cut shares of Peabody Energy from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 23rd. Finally, UBS Group dropped their price objective on shares of Peabody Energy from $32.00 to $30.50 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $33.88.

Peabody Energy Price Performance

BTU stock traded up $0.73 during mid-day trading on Thursday, reaching $21.55. The company’s stock had a trading volume of 989,283 shares, compared to its average volume of 3,306,462. The company has a current ratio of 1.87, a quick ratio of 1.37 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $24.80 and its two-hundred day moving average is $29.60. Peabody Energy has a fifty-two week low of $14.25 and a fifty-two week high of $41.14. The stock has a market cap of $2.62 billion, a PE ratio of -21.80 and a beta of 0.38.

Peabody Energy (NYSE:BTU) last issued its earnings results on Wednesday, July 29th. The coal producer reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.43). Peabody Energy had a negative return on equity of 2.80% and a negative net margin of 3.07%.The company had revenue of $1 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm earned ($0.23) earnings per share. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. Equities research analysts expect that Peabody Energy will post 0.48 EPS for the current year.

Hedge Funds Weigh In On Peabody Energy

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Peabody Energy by 8.5% in the 4th quarter. Vanguard Group Inc. now owns 15,135,096 shares of the coal producer’s stock valued at $449,512,000 after buying an additional 1,191,438 shares during the period. State Street Corp increased its position in shares of Peabody Energy by 3.3% during the fourth quarter. State Street Corp now owns 9,532,978 shares of the coal producer’s stock valued at $283,129,000 after acquiring an additional 306,187 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Peabody Energy by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,233,585 shares of the coal producer’s stock valued at $205,429,000 after acquiring an additional 54,072 shares during the period. Progeny 3 Inc. lifted its holdings in shares of Peabody Energy by 0.5% in the 2nd quarter. Progeny 3 Inc. now owns 3,916,934 shares of the coal producer’s stock worth $52,565,000 after acquiring an additional 18,920 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Peabody Energy during the 4th quarter worth approximately $90,603,000. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Peabody Energy

Here are the key news stories impacting Peabody Energy this week:

• Positive Sentiment: Management said the Centurion metallurgical coal mine in Queensland is advancing toward targeted production rates. A gradual ramp-up toward approximately 4.7 million tons annually could materially improve Peabody’s seaborne metallurgical coal earnings in the second half of 2026. Peabody Energy: Slow Ramp-Up Of Centurion, But H2 Should Show Material Improvements
• Positive Sentiment: Peabody declared a quarterly dividend of $0.075 per share, payable September 3 to shareholders of record August 12. The payment signals continued capital returns, although the annualized yield is modest at about 1.4%. Peabody Board Declares Dividend on Common Stock
• Neutral Sentiment: Revenue reached approximately $1.0 billion, up 12.7% year over year and broadly near expectations. Higher seaborne thermal coal pricing and strategic financial actions supported the quarter, but these positives were outweighed by weaker profitability. Peabody Reports Results for the Quarter Ended June 30, 2026
• Negative Sentiment: Peabody reported a second-quarter loss of $0.74 per share, substantially worse than the expected $0.31 loss and wider than the $0.23 loss a year earlier. The result prompted a gap-down in the stock and reflects the slow Centurion ramp-up and lower expected metallurgical coal volumes. Peabody Energy Shares Gap Down Following Weak Earnings
• Negative Sentiment: Several law firms are promoting a securities class action alleging that Peabody misled investors about Centurion’s equipment problems, operational status, and production outlook. The August 24, 2026 lead-plaintiff deadline adds legal and reputational overhang, though the allegations have not been proven. BTU Shareholder Alert

Peabody Energy Company Profile

Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.