B. Riley Weighs in on Warrior Met Coal, Inc.'s Q4 2024 Earnings (NYSE:HCC)

Warrior Met Coal, Inc. (NYSE:HCC - Free Report) - B. Riley lowered their Q4 2024 EPS estimates for shares of Warrior Met Coal in a research note issued on Thursday, May 2nd. B. Riley analyst L. Pipes now forecasts that the company will post earnings of $1.60 per share for the quarter, down from their prior estimate of $1.71. B. Riley has a "Buy" rating and a $91.00 price objective on the stock. The consensus estimate for Warrior Met Coal's current full-year earnings is $6.83 per share. B. Riley also issued estimates for Warrior Met Coal's Q1 2025 earnings at $1.81 EPS, Q2 2025 earnings at $1.93 EPS, Q3 2025 earnings at $1.87 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $7.41 EPS, Q1 2026 earnings at $1.87 EPS and FY2026 earnings at $7.69 EPS.

Several other equities analysts also recently weighed in on the company. UBS Group began coverage on Warrior Met Coal in a research report on Tuesday, January 16th. They set a "neutral" rating and a $68.00 target price on the stock. Citigroup upgraded Warrior Met Coal from a "neutral" rating to a "buy" rating and boosted their target price for the company from $60.00 to $75.00 in a research report on Thursday, April 11th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a report on Thursday. Finally, BMO Capital Markets boosted their price objective on Warrior Met Coal from $62.00 to $70.00 and gave the company a "market perform" rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $72.80.

Warrior Met Coal Price Performance

NYSE HCC traded up $0.80 during trading on Friday, hitting $66.29. 621,682 shares of the stock traded hands, compared to its average volume of 832,963. The firm has a 50-day simple moving average of $60.73 and a 200-day simple moving average of $58.46. The company has a quick ratio of 5.99, a current ratio of 7.24 and a debt-to-equity ratio of 0.10. Warrior Met Coal has a 12-month low of $31.97 and a 12-month high of $71.91. The company has a market capitalization of $3.47 billion, a P/E ratio of 7.85 and a beta of 1.05.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.61. Warrior Met Coal had a net margin of 25.94% and a return on equity of 25.48%. The company had revenue of $503.50 million during the quarter, compared to analyst estimates of $474.99 million. During the same period in the previous year, the business posted $3.57 earnings per share. The firm's quarterly revenue was down 1.2% compared to the same quarter last year.

Warrior Met Coal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, May 6th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend is Friday, May 3rd. Warrior Met Coal's payout ratio is 3.85%.

Insider Buying and Selling at Warrior Met Coal

In other Warrior Met Coal news, Director Alan H. Schumacher acquired 2,000 shares of the business's stock in a transaction dated Friday, February 23rd. The shares were purchased at an average price of $58.15 per share, for a total transaction of $116,300.00. Following the completion of the purchase, the director now directly owns 30,270 shares of the company's stock, valued at $1,760,200.50. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.00% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HCC. Assenagon Asset Management S.A. purchased a new position in shares of Warrior Met Coal in the fourth quarter worth about $44,388,000. KGH Ltd raised its stake in Warrior Met Coal by 11.2% during the third quarter. KGH Ltd now owns 2,590,000 shares of the company's stock worth $132,297,000 after purchasing an additional 260,091 shares during the period. UBS Group AG increased its holdings in shares of Warrior Met Coal by 154.8% during the 3rd quarter. UBS Group AG now owns 192,239 shares of the company's stock worth $9,820,000 after buying an additional 116,781 shares during the last quarter. Forest Avenue Capital Management LP acquired a new stake in Warrior Met Coal in the 4th quarter valued at approximately $6,725,000. Finally, American Century Companies Inc. raised its holdings in shares of Warrior Met Coal by 10.7% in the 3rd quarter. American Century Companies Inc. now owns 961,388 shares of the company's stock valued at $49,108,000 after buying an additional 92,941 shares during the period. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.