B. Riley Expects Weaker Earnings for Core Natural Resources

Key Points

• B. Riley has revised its earnings forecast for Core Natural Resources, lowering its FY2026 estimate from $11.44 to $10.76 per share, while maintaining a "Buy" rating and a $110 price target.
• The company recently reported a significant earnings miss, posting a net loss of ($0.70) EPS for the last quarter, missing expectations by ($2.01).
• Despite the earnings decline, Core Natural Resources shares experienced a 4.9% increase following recent trading activity, indicating ongoing investor interest.

Core Natural Resources, Inc. (NYSE:CNR - Free Report) - Investment analysts at B. Riley dropped their FY2026 earnings estimates for Core Natural Resources in a research note issued to investors on Tuesday, October 7th. B. Riley analyst N. Giles now expects that the energy company will post earnings of $10.76 per share for the year, down from their prior forecast of $11.44. B. Riley has a "Buy" rating and a $110.00 price objective on the stock. The consensus estimate for Core Natural Resources' current full-year earnings is $11.40 per share.

Core Natural Resources (NYSE:CNR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The energy company reported ($0.70) EPS for the quarter, missing analysts' consensus estimates of $1.31 by ($2.01). Core Natural Resources had a return on equity of 3.01% and a net margin of 0.63%.The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.04 billion.

CNR has been the subject of a number of other research reports. Zacks Research raised shares of Core Natural Resources from a "strong sell" rating to a "hold" rating in a research report on Monday. Weiss Ratings reissued a "hold (c)" rating on shares of Core Natural Resources in a research report on Saturday, September 27th. Jefferies Financial Group reissued a "hold" rating and issued a $78.00 target price (up previously from $67.00) on shares of Core Natural Resources in a research report on Tuesday, August 5th. Finally, UBS Group boosted their target price on shares of Core Natural Resources from $86.00 to $89.00 and gave the company a "buy" rating in a research report on Friday, September 19th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Core Natural Resources has an average rating of "Moderate Buy" and a consensus price target of $106.40.

Core Natural Resources Trading Up 4.9%

Shares of Core Natural Resources stock opened at $92.79 on Wednesday. The firm has a 50-day moving average of $76.34 and a 200-day moving average of $73.73. The stock has a market cap of $4.78 billion, a PE ratio of 42.56 and a beta of 0.70. Core Natural Resources has a 52-week low of $58.19 and a 52-week high of $134.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.25 and a current ratio of 1.78.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CNR. SBI Securities Co. Ltd. acquired a new position in Core Natural Resources during the first quarter worth about $29,000. EverSource Wealth Advisors LLC raised its stake in Core Natural Resources by 84.9% during the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the energy company's stock worth $29,000 after acquiring an additional 191 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in Core Natural Resources during the first quarter worth about $30,000. TruNorth Capital Management LLC acquired a new position in Core Natural Resources during the first quarter worth about $33,000. Finally, US Bancorp DE acquired a new position in Core Natural Resources during the first quarter worth about $47,000. Institutional investors and hedge funds own 86.54% of the company's stock.

Insider Transactions at Core Natural Resources

In other Core Natural Resources news, Director Patrick A. Kriegshauser sold 3,043 shares of the business's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $77.07, for a total transaction of $234,524.01. Following the completion of the transaction, the director owned 23,348 shares of the company's stock, valued at approximately $1,799,430.36. The trade was a 11.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard A. Navarre sold 5,000 shares of the business's stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $82.20, for a total value of $411,000.00. Following the transaction, the director directly owned 21,830 shares of the company's stock, valued at approximately $1,794,426. The trade was a 18.64% decrease in their position. The disclosure for this sale can be found here. 2.02% of the stock is owned by insiders.

Core Natural Resources Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 1st were paid a $0.10 dividend. This represents a yield of 56.0%. The ex-dividend date of this dividend was Friday, August 29th. Core Natural Resources's payout ratio is 18.35%.

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.

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