Warrior Met Coal (NYSE:HCC – Get Free Report) traded up 10.5% during trading on Tuesday . The company traded as high as $93.76 and last traded at $92.74. 97,798 shares were traded during trading, a decline of 89% from the average session volume of 908,329 shares. The stock had previously closed at $83.93.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on HCC. Zacks Research lowered shares of Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. UBS Group cut their target price on shares of Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Sunday, February 15th. Citigroup upped their price target on shares of Warrior Met Coal from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Finally, Weiss Ratings cut Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $102.80.
Read Our Latest Analysis on Warrior Met Coal
Warrior Met Coal Price Performance
Warrior Met Coal (NYSE:HCC – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). Warrior Met Coal had a return on equity of 6.44% and a net margin of 9.36%.The business had revenue of $458.59 million during the quarter, compared to the consensus estimate of $467.57 million. During the same quarter in the prior year, the company posted ($0.16) earnings per share. The company’s revenue for the quarter was up 52.9% on a year-over-year basis. As a group, sell-side analysts expect that Warrior Met Coal will post 6.78 earnings per share for the current fiscal year.
Warrior Met Coal Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were given a $0.08 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Warrior Met Coal’s dividend payout ratio (DPR) is currently 12.21%.
Institutional Investors Weigh In On Warrior Met Coal
A number of hedge funds have recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new stake in Warrior Met Coal in the 4th quarter valued at approximately $31,000. EverSource Wealth Advisors LLC boosted its position in shares of Warrior Met Coal by 217.2% in the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after acquiring an additional 467 shares during the period. Parallel Advisors LLC grew its stake in shares of Warrior Met Coal by 272.1% in the fourth quarter. Parallel Advisors LLC now owns 413 shares of the company’s stock worth $36,000 after acquiring an additional 302 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Warrior Met Coal in the fourth quarter worth $37,000. Finally, Hantz Financial Services Inc. increased its position in Warrior Met Coal by 266.1% during the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock worth $40,000 after acquiring an additional 455 shares during the period. 92.28% of the stock is currently owned by institutional investors.
Warrior Met Coal Company Profile
Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.
Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.
Recommended Stories
- Five stocks we like better than Warrior Met Coal
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- 3 Defense Giants Boosting Dividends as Shares Take a Ride
Receive News & Ratings for Warrior Met Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warrior Met Coal and related companies with MarketBeat.com's FREE daily email newsletter.
