Peabody Energy (BTU) Scheduled to Post Quarterly Earnings on Thursday

Peabody Energy (NYSE:BTU - Get Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Peabody Energy (NYSE:BTU - Get Free Report) last announced its earnings results on Thursday, February 8th. The coal producer reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.08). The business had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.22 billion. Peabody Energy had a net margin of 15.36% and a return on equity of 21.45%. The firm's quarterly revenue was down 24.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.65 earnings per share. On average, analysts expect Peabody Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Peabody Energy Trading Up 2.0 %

BTU traded up $0.48 during trading on Thursday, hitting $23.94. 2,022,071 shares of the stock were exchanged, compared to its average volume of 3,672,181. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 4.81 and a beta of 0.98. Peabody Energy has a 1 year low of $17.71 and a 1 year high of $27.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.06. The firm has a 50 day simple moving average of $24.39 and a 200 day simple moving average of $24.50.

Peabody Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Thursday, February 22nd were issued a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $0.30 dividend on an annualized basis and a yield of 1.25%. Peabody Energy's payout ratio is 6.02%.

Insider Activity

In other Peabody Energy news, Director Nicholas J. Chirekos sold 14,000 shares of the company's stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $25.50, for a total transaction of $357,000.00. Following the sale, the director now owns 24,279 shares in the company, valued at $619,114.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CFO Mark Spurbeck sold 6,826 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $24.57, for a total transaction of $167,714.82. Following the completion of the sale, the chief financial officer now directly owns 75,464 shares in the company, valued at $1,854,150.48. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Nicholas J. Chirekos sold 14,000 shares of the firm's stock in a transaction on Monday, February 12th. The shares were sold at an average price of $25.50, for a total transaction of $357,000.00. Following the completion of the transaction, the director now owns 24,279 shares in the company, valued at $619,114.50. The disclosure for this sale can be found here. Insiders sold 52,806 shares of company stock worth $1,339,565 over the last ninety days. Corporate insiders own 0.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BTU shares. Benchmark reaffirmed a "buy" rating and set a $28.00 target price on shares of Peabody Energy in a research note on Friday, April 12th. B. Riley decreased their price target on Peabody Energy from $34.00 to $32.00 and set a "buy" rating on the stock in a research note on Monday, April 15th.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.