Free Trial

Unison Advisors LLC Invests $1.08 Million in Core Natural Resources, Inc. (NYSE:CNR)

Core Natural Resources logo with Energy background

Unison Advisors LLC bought a new stake in shares of Core Natural Resources, Inc. (NYSE:CNR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 14,029 shares of the energy company's stock, valued at approximately $1,082,000.

Other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc acquired a new position in Core Natural Resources during the first quarter worth $25,000. SBI Securities Co. Ltd. acquired a new position in Core Natural Resources during the first quarter worth $29,000. Farther Finance Advisors LLC acquired a new position in Core Natural Resources during the first quarter worth $30,000. Whipplewood Advisors LLC acquired a new position in Core Natural Resources during the first quarter worth $31,000. Finally, TruNorth Capital Management LLC acquired a new position in Core Natural Resources during the first quarter worth $33,000. Institutional investors and hedge funds own 86.54% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CNR. Benchmark lowered their target price on shares of Core Natural Resources from $112.00 to $105.00 and set a "buy" rating for the company in a report on Friday, May 9th. B. Riley lowered their target price on shares of Core Natural Resources from $112.00 to $110.00 and set a "buy" rating for the company in a report on Tuesday. Finally, UBS Group lowered their target price on shares of Core Natural Resources from $80.00 to $78.00 and set a "buy" rating for the company in a report on Thursday, July 3rd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Core Natural Resources presently has a consensus rating of "Moderate Buy" and a consensus price target of $118.60.

Check Out Our Latest Report on Core Natural Resources

Core Natural Resources Stock Performance

NYSE:CNR traded down $2.75 on Friday, reaching $78.00. 726,724 shares of the company's stock were exchanged, compared to its average volume of 882,270. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.89 and a quick ratio of 1.34. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 16.12 and a beta of 0.68. Core Natural Resources, Inc. has a 52 week low of $58.19 and a 52 week high of $134.59. The stock has a fifty day simple moving average of $71.75 and a 200-day simple moving average of $82.29.

Core Natural Resources (NYSE:CNR - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The energy company reported ($1.38) EPS for the quarter, missing the consensus estimate of $1.74 by ($3.12). The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $964.15 million. Core Natural Resources had a net margin of 4.29% and a return on equity of 8.32%. As a group, sell-side analysts predict that Core Natural Resources, Inc. will post 11.4 earnings per share for the current year.

Core Natural Resources Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were given a dividend of $0.10 per share. The ex-dividend date was Friday, May 30th. This represents a yield of 0.57%. Core Natural Resources's payout ratio is presently 8.26%.

About Core Natural Resources

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Core Natural Resources (NYSE:CNR)

Should You Invest $1,000 in Core Natural Resources Right Now?

Before you consider Core Natural Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Core Natural Resources wasn't on the list.

While Core Natural Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines