Peabody Energy (NYSE:BTU – Free Report) had its price objective decreased by B. Riley Financial from $30.00 to $29.00 in a research note issued to investors on Thursday,Benzinga reports. B. Riley Financial currently has a neutral rating on the coal producer’s stock.
Several other brokerages have also issued reports on BTU. Weiss Ratings lowered shares of Peabody Energy from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, June 23rd. UBS Group dropped their price objective on shares of Peabody Energy from $32.00 to $30.50 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Zacks Research raised shares of Peabody Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.88.
Check Out Our Latest Analysis on BTU
Peabody Energy Price Performance
Peabody Energy (NYSE:BTU – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The coal producer reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.36). The company had revenue of $1 billion for the quarter, compared to analyst estimates of $1.02 billion. Peabody Energy had a negative return on equity of 5.22% and a negative net margin of 4.56%.The business’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period last year, the business earned ($0.23) EPS. On average, equities analysts anticipate that Peabody Energy will post 0.33 EPS for the current year.
Peabody Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Wednesday, August 12th will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $0.30 annualized dividend and a yield of 1.4%. Peabody Energy’s dividend payout ratio (DPR) is presently -30.30%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Valued Wealth Advisors LLC acquired a new position in shares of Peabody Energy during the first quarter valued at about $25,000. Meeder Asset Management Inc. raised its holdings in shares of Peabody Energy by 1,513.7% in the 1st quarter. Meeder Asset Management Inc. now owns 1,178 shares of the coal producer’s stock worth $39,000 after acquiring an additional 1,105 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Peabody Energy in the 4th quarter worth about $37,000. Main Street Group LTD bought a new position in Peabody Energy in the 1st quarter valued at about $50,000. Finally, Basepoint Wealth LLC bought a new position in Peabody Energy in the 4th quarter valued at about $57,000. Institutional investors and hedge funds own 87.44% of the company’s stock.
Key Stories Impacting Peabody Energy
Here are the key news stories impacting Peabody Energy this week:
- Positive Sentiment: Benchmark maintained a Buy rating while lowering its price target from $40 to $36, still implying substantial potential upside from recent trading levels. Benzinga analyst price-target report
- Positive Sentiment: Peabody declared a quarterly dividend of $0.075 per share, payable September 3 to shareholders of record August 12. The dividend provides some income support, although the indicated yield is modest. Peabody dividend and stock information
- Neutral Sentiment: B. Riley lowered its price target from $30 to $29 and retained a Neutral rating, signaling that analysts continue to see value but have reduced expectations. B. Riley analyst price-target report
- Negative Sentiment: Peabody reported second-quarter EPS of -$0.74, missing the consensus estimate of -$0.31, while revenue of approximately $1.0 billion was below the $1.02 billion forecast. The company also issued lower metallurgical coal volume expectations, intensifying concerns about operating performance. Peabody second-quarter earnings report
- Negative Sentiment: Several law firms announced or promoted a securities class action and investigations alleging that Peabody misled investors about the operational status and production capabilities of its Centurion underground metallurgical coal mine in Queensland, Australia. The allegations have not been proven, but the litigation creates legal, financial and reputational risks. Investors who purchased shares during the October 14, 2024–May 4, 2026 class period face an August 24, 2026 lead-plaintiff deadline. Hagens Berman Peabody investigation
Peabody Energy Company Profile
Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.
Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.
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