NACCO Industries (NC) Stock Forecast, Price & News

NACCO Industries' stock was trading at $38.00 at the start of the year. Since then, NC shares have decreased by 14.5% and is now trading at $32.50.
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NACCO Industries saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 30,100 shares, an increase of 14.9% from the April 15th total of 26,200 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.9% of the company's shares are sold short.
View NACCO Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our NC earnings forecast.

NACCO Industries, Inc. (NYSE:NC) released its quarterly earnings data on Wednesday, March, 15th. The company reported $1.84 earnings per share for the quarter. The firm had revenue of $63.53 million for the quarter. NACCO Industries had a net margin of 28.40% and a trailing twelve-month return on equity of 12.76%.

NACCO Industries declared a quarterly dividend on Thursday, May 18th. Shareholders of record on Wednesday, May 31st will be paid a dividend of $0.2175 per share on Thursday, June 15th. This represents a $0.87 annualized dividend and a yield of 2.68%. The ex-dividend date of this dividend is Tuesday, May 30th. This is a boost from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for NC.

NACCO Industries (NYSE:NC) pays an annual dividend of $0.83 per share and currently has a dividend yield of 2.55%. The company has been increasing its dividend for 38 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 9.10%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NC.

Based on aggregate information from My MarketBeat watchlists, some companies that other NACCO Industries investors own include AT&T (T), Intel (INTC), JPMorgan Chase & Co. (JPM), Lowe's Companies (LOW), Procter & Gamble (PG), QUALCOMM (QCOM), Activision Blizzard (ATVI), Bank of America (BAC), International Paper (IP) and Lumen Technologies (LUMN).

NACCO Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "NC."

NACCO Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (6.68%), Dimensional Fund Advisors LP (5.92%), BlackRock Inc. (3.79%), Renaissance Technologies LLC (2.67%), Prescott Group Capital Management L.L.C. (1.37%) and Geode Capital Management LLC (0.99%). Insiders that own company stock include David F Taplin, Miles B Haberer, Theodore D Taplin and Victoire G Rankin.
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Shares of NC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NC stock can currently be purchased for approximately $32.50.

NACCO Industries (NYSE:NC) has a market capitalization of $244.08 million and generates $241.72 million in revenue each year. The company earns $74.16 million in net income (profit) each year or $9.12 on an earnings per share basis.

The company employs 1,600 workers across the globe.

NACCO Industries' mailing address is 5875 LANDERBROOK DR SUITE 220, CLEVELAND OH, 44124. The official website for the company is www.nacco.com. The company can be reached via phone at (440) 229-5151, via email at ir@naccoind.com, or via fax at 877-756-5118.