Core Natural Resources, Inc. (NYSE:CNR) Shareholders to Collect $0.10 Quarterly Dividend

Key Points

• Core Natural Resources declared a quarterly dividend of $0.10 per share, payable December 15 to shareholders of record November 30. The dividend annualizes to $0.40 per share, a 0.5% yield, and is well covered by earnings.
• Quarterly earnings were $0.18 per share, below the $0.72 consensus estimate, while revenue of $1.15 billion topped forecasts and rose 9.7% year over year.
• Shares fell to $74.14 on Thursday. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $109.

Core Natural Resources, Inc. (NYSE:CNR - Get Free Report) declared a quarterly dividend on Thursday, November 5th. Investors of record on Monday, November 30th will be given a dividend of $0.10 per share by the energy company on Tuesday, December 15th. This represents a $0.40 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, November 30th.

Core Natural Resources has a payout ratio of 2.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Core Natural Resources to earn $5.53 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 7.2%.

Core Natural Resources Price Performance

NYSE CNR traded down $6.08 on Thursday, reaching $74.14. The company had a trading volume of 1,538,004 shares, compared to its average volume of 716,452. The company has a quick ratio of 1.32, a current ratio of 1.83 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $3.68 billion, a PE ratio of 37.26 and a beta of 0.24. The firm's 50 day moving average price is $91.88 and its 200 day moving average price is $90.71. Core Natural Resources has a 12 month low of $73.31 and a 12 month high of $114.80.

Core Natural Resources (NYSE:CNR - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The energy company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.54). Core Natural Resources had a net margin of 2.34% and a return on equity of 0.03%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period last year, the company earned $0.61 EPS. The firm's revenue for the quarter was up 9.7% on a year-over-year basis. As a group, equities analysts predict that Core Natural Resources will post 2.72 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CNR shares. Weiss Ratings raised Core Natural Resources from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, October 6th. B. Riley Financial increased their price objective on shares of Core Natural Resources from $118.00 to $122.00 and gave the company a "buy" rating in a research report on Monday, October 26th. UBS Group cut shares of Core Natural Resources from a "buy" rating to a "neutral" rating and lifted their price objective for the stock from $101.00 to $105.00 in a research note on Tuesday, August 18th. Jefferies Financial Group restated a "buy" rating and issued a $100.00 target price on shares of Core Natural Resources in a report on Thursday. Finally, Zacks Research cut shares of Core Natural Resources from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 9th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Core Natural Resources presently has an average rating of "Moderate Buy" and a consensus price target of $109.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.