Warrior Met Coal (HCC) to Release Earnings on Wednesday

Warrior Met Coal (NYSE:HCC) will be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Warrior Met Coal to post earnings of $2.39 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $2.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.16 by ($0.67). The firm had revenue of $363.80 million during the quarter, compared to analyst estimates of $393.04 million. Warrior Met Coal had a net margin of 28.55% and a return on equity of 28.99%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.90 earnings per share. On average, analysts expect Warrior Met Coal to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Warrior Met Coal Stock Performance

Shares of HCC opened at $65.58 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.99 and a current ratio of 7.24. The stock has a market capitalization of $3.43 billion, a P/E ratio of 7.13 and a beta of 1.09. The company’s fifty day moving average is $59.26 and its two-hundred day moving average is $57.68. Warrior Met Coal has a 1 year low of $31.97 and a 1 year high of $69.97.

Warrior Met Coal Announces Dividend

The company also recently disclosed a None dividend, which was paid on Thursday, March 7th. Shareholders of record on Friday, March 1st were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, February 29th. Warrior Met Coal’s dividend payout ratio is currently 3.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Citigroup raised shares of Warrior Met Coal from a “neutral” rating to a “buy” rating and upped their price target for the stock from $60.00 to $75.00 in a research note on Thursday, April 11th. UBS Group assumed coverage on shares of Warrior Met Coal in a research note on Tuesday, January 16th. They set a “neutral” rating and a $68.00 price target on the stock. Finally, B. Riley lowered their price target on shares of Warrior Met Coal from $89.00 to $87.00 and set a “buy” rating on the stock in a research note on Monday, April 15th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.60.

Insider Buying and Selling

In other Warrior Met Coal news, Director Alan H. Schumacher acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were acquired at an average cost of $58.15 per share, for a total transaction of $116,300.00. Following the transaction, the director now directly owns 30,270 shares of the company’s stock, valued at $1,760,200.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

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.