Core Natural Resources, Inc. (NYSE:CNR) Declares Quarterly Dividend of $0.10

Core Natural Resources, Inc. (NYSE:CNRGet Free Report) announced a quarterly dividend on Thursday, November 6th. Stockholders of record on Friday, November 28th will be paid a dividend of 0.10 per share by the energy company on Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, November 28th.

Core Natural Resources has a payout ratio of 2.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Core Natural Resources to earn $17.60 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 2.3%.

Core Natural Resources Stock Performance

Shares of CNR stock traded up $8.57 during mid-day trading on Thursday, reaching $86.20. 1,885,824 shares of the company’s stock traded hands, compared to its average volume of 941,340. Core Natural Resources has a 12 month low of $58.19 and a 12 month high of $134.59. The firm has a 50 day moving average price of $81.91 and a two-hundred day moving average price of $75.82. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.25 and a current ratio of 1.78. The firm has a market capitalization of $4.44 billion, a PE ratio of 39.54 and a beta of 0.63.

Core Natural Resources (NYSE:CNRGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The energy company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.40) by $2.01. Core Natural Resources had a net margin of 0.63% and a return on equity of 3.01%. The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.05 billion. The business’s revenue was up 74.4% on a year-over-year basis. On average, research analysts forecast that Core Natural Resources will post 11.4 EPS for the current year.

Core Natural Resources Company Profile

(Get Free Report)

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company’s PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.

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Dividend History for Core Natural Resources (NYSE:CNR)

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