Alpha Metallurgical Resources (NYSE:AMR – Get Free Report) updated its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of -0.960–0.960 for the period, compared to the consensus earnings per share estimate of 1.020. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on AMR. Atlantic Securities set a $194.00 target price on shares of Alpha Metallurgical Resources in a research note on Thursday, April 30th. Zacks Research cut Alpha Metallurgical Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. UBS Group started coverage on Alpha Metallurgical Resources in a research note on Friday, July 10th. They issued a “neutral” rating and a $165.00 target price for the company. Weiss Ratings restated a “sell (d)” rating on shares of Alpha Metallurgical Resources in a report on Wednesday, June 24th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $160.00 target price on shares of Alpha Metallurgical Resources in a research report on Tuesday, July 21st. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $181.50.
View Our Latest Stock Report on Alpha Metallurgical Resources
Alpha Metallurgical Resources Stock Performance
Alpha Metallurgical Resources (NYSE:AMR – Get Free Report) last released its earnings results on Friday, May 8th. The energy company reported ($0.86) EPS for the quarter, meeting the consensus estimate of ($0.86). The firm had revenue of $447.32 million for the quarter, compared to analysts’ expectations of $535.15 million. Alpha Metallurgical Resources had a negative net margin of 1.83% and a negative return on equity of 2.47%. Alpha Metallurgical Resources’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company earned ($2.60) EPS. Sell-side analysts predict that Alpha Metallurgical Resources will post 8.21 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director Kenneth S. Courtis purchased 10,000 shares of the stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of $200.73 per share, for a total transaction of $2,007,300.00. Following the transaction, the director owned 985,394 shares in the company, valued at $197,798,137.62. This trade represents a 1.03% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Jason E. Whitehead sold 3,901 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $212.28, for a total value of $828,104.28. Following the completion of the sale, the chief operating officer directly owned 10,450 shares in the company, valued at $2,218,326. This represents a 27.18% decrease in their position. The disclosure for this sale is available in the SEC filing. 18.20% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Alpha Metallurgical Resources
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Lighthouse Investment Partners LLC acquired a new position in shares of Alpha Metallurgical Resources in the 3rd quarter worth approximately $1,149,000. Regal Partners Ltd bought a new stake in Alpha Metallurgical Resources during the fourth quarter worth approximately $977,000. Creative Planning grew its position in Alpha Metallurgical Resources by 50.1% in the third quarter. Creative Planning now owns 5,202 shares of the energy company’s stock worth $854,000 after buying an additional 1,737 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Alpha Metallurgical Resources by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,548 shares of the energy company’s stock valued at $820,000 after acquiring an additional 295 shares during the last quarter. Finally, Brevan Howard Capital Management LP acquired a new stake in shares of Alpha Metallurgical Resources during the 2nd quarter valued at $715,000. 84.29% of the stock is currently owned by institutional investors.
Alpha Metallurgical Resources Company Profile
Alpha Metallurgical Resources, Inc (NYSE: AMR) is a leading pure-play producer of high-grade metallurgical coal, primarily serving the global steelmaking industry. Headquartered in Bristol, Virginia, the company operates multiple underground and surface mining complexes across the central Appalachian and Illinois basins. Its production portfolio focuses on premium raw and semi-soft coking coal products tailored to meet the specifications of steel producers worldwide.
Formed in July 2021 through the spin-out of Contura Energy’s metallurgical coal business, Alpha Metallurgical Resources has built a reputation for operational excellence and cost-efficient mining.
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