--- title: "Q2 2024 EPS Estimates for Warrior Met Coal, Inc. (NYSE:HCC) Raised by B. Riley" description: "Warrior Met Coal (NYSE:HCC) has had its Q2 2024 earnings per share estimates raised by B. Riley. The new estimate is $0.66 per share, up from the previous forecast of $0.62. B. Riley also issued estim" type: "news" locale: "en" url: "https://longbridge.com/en/news/203469557.md" published_at: "2024-05-06T05:40:15.000Z" --- # Q2 2024 EPS Estimates for Warrior Met Coal, Inc. (NYSE:HCC) Raised by B. Riley > Warrior Met Coal (NYSE:HCC) has had its Q2 2024 earnings per share estimates raised by B. Riley. The new estimate is $0.66 per share, up from the previous forecast of $0.62. B. Riley also issued estimates for Warrior Met Coal's Q3 2024 earnings at $1.45 EPS and FY2024 earnings at $6.34 EPS. The stock has a "Buy" rating and a target price of $91.00. Warrior Met Coal, Inc. (NYSE:HCC - Free Report) - Equities researchers at B. Riley increased their Q2 2024 earnings per share estimates for shares of Warrior Met Coal in a report released on Thursday, May 2nd. B. Riley analyst L. Pipes now expects that the company will earn $0.66 per share for the quarter, up from their previous forecast of $0.62. B. Riley currently has a "Buy" rating and a $91.00 target price on the stock. The consensus estimate for Warrior Met Coal's current full-year earnings is $6.98 per share. B. Riley also issued estimates for Warrior Met Coal's Q3 2024 earnings at $1.45 EPS and FY2024 earnings at $6.34 EPS. Get **Warrior Met Coal** alerts: HCC has been the topic of a number of other reports. UBS Group started coverage on Warrior Met Coal in a research note on Tuesday, January 16th. They issued a "neutral" rating and a $68.00 price target on the stock. Citigroup raised shares of Warrior Met Coal from a "neutral" rating to a "buy" rating and upped their target price for the stock from $60.00 to $75.00 in a report on Thursday, April 11th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research report on Thursday. Finally, BMO Capital Markets boosted their price target on shares of Warrior Met Coal from $62.00 to $70.00 and gave the stock a "market perform" rating in a research report on Thursday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $72.80. **Ad** Paradigm Press Never use this word on your phone (FBI could be watching) This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions... Watch my unredacted video about what I think is coming next right here **Read Our Latest Research Report on HCC** ## Warrior Met Coal Trading Up 1.1 % Shares of Warrior Met Coal stock opened at $66.23 on Monday. Warrior Met Coal has a twelve month low of $31.97 and a twelve month high of $71.91. The firm's 50-day moving average price is $60.90 and its 200 day moving average price is $58.65. The company has a current ratio of 6.86, a quick ratio of 5.99 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $3.46 billion, a PE ratio of 7.97 and a beta of 1.05. Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.61. The business had revenue of $503.50 million for the quarter, compared to the consensus estimate of $474.99 million. Warrior Met Coal had a net margin of 25.94% and a return on equity of 24.71%. The company's revenue was down 1.2% compared to the same quarter last year. During the same period last year, the firm posted $3.57 earnings per share. ## Hedge Funds Weigh In On Warrior Met Coal Several large investors have recently modified their holdings of HCC. KGH Ltd increased its holdings in Warrior Met Coal by 11.2% in the 3rd quarter. KGH Ltd now owns 2,590,000 shares of the company's stock valued at $132,297,000 after purchasing an additional 260,091 shares during the last quarter. FMR LLC grew its stake in shares of Warrior Met Coal by 1.0% in the third quarter. FMR LLC now owns 2,325,535 shares of the company's stock valued at $118,788,000 after buying an additional 22,730 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Warrior Met Coal by 33.8% in the 1st quarter. Assenagon Asset Management S.A. now owns 974,247 shares of the company's stock valued at $59,137,000 after buying an additional 246,217 shares during the period. American Century Companies Inc. lifted its stake in Warrior Met Coal by 10.7% during the 3rd quarter. American Century Companies Inc. now owns 961,388 shares of the company's stock worth $49,108,000 after acquiring an additional 92,941 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in Warrior Met Coal by 9.7% during the 4th quarter. Allianz Asset Management GmbH now owns 729,620 shares of the company's stock valued at $44,485,000 after acquiring an additional 64,672 shares during the period. Institutional investors and hedge funds own 92.28% of the company's stock. ## Insider Activity at Warrior Met Coal In other news, Director Alan H. Schumacher purchased 2,000 shares of the company's stock in a transaction dated Friday, February 23rd. The stock was acquired at an average price of $58.15 per share, with a total value of $116,300.00. Following the purchase, the director now directly owns 30,270 shares in the company, valued at approximately $1,760,200.50. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 1.00% of the stock is currently owned by insiders. ## Warrior Met Coal Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, May 6th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $0.32 annualized dividend and a dividend yield of 0.48%. Warrior Met Coal's payout ratio is 3.85%. ## About Warrior Met Coal (Get Free Report) 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. ## Featured Articles - Five stocks we like better than Warrior Met Coal - What is a Special Dividend? - MarketBeat Week in Review – 4/29 - 5/3 - Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index - Apple’s Earnings Show Investors Its Strength and Its Weakness - Quiet Period Expirations Explained - Bargain Alert: 3 Large Caps With Extremely Oversold RSIs *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years (From Banyan Hill Publishing) (Ad)## Should you invest $1,000 in Warrior Met Coal right now? Before you consider Warrior Met Coal, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Warrior Met Coal wasn't on the list. While Warrior Met Coal currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here 5G Stocks: The Path Forward is Profitable Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report ### Related Stocks - [TGT.US - Target](https://longbridge.com/en/quote/TGT.US.md) - [HCC.US - Warrior Met Coal](https://longbridge.com/en/quote/HCC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 贝森特和沃什的 “导师”，德鲁肯米勒 Q4“精准” 开仓金融股 ETF、标普等权重 ETF 和巴西 ETF | 科技股方面，德鲁肯米勒 Q4 清仓了 Meta，加仓了谷歌与 Sea。德鲁肯米勒与贝森特、沃什的 “师徒” 关系让市场推测，“德鲁肯米勒经济学”——即反赤字、反通胀、反关税——可能通过贝森特和沃什渗透至政策制定中。 | [Link](https://longbridge.com/en/news/276214511.md) | | 币价大跌不用慌？特朗普家族加密货币平台海湖庄园办大会，华尔街态度转向 | 本周三的海湖庄园活动期间，昔日怀疑加密货币的高盛 CEO 苏德巍透露，他本人持有数量非常有限的比特币。曾称比特币是干扰的富兰克林邓普顿 CEO 称，设想加密货币公司与传统金融机构能携手合作。特朗普的长子称去年其家族推出的稳定币将保护美元霸权 | [Link](https://longbridge.com/en/news/276380974.md) | | 特朗普阵营的坚定降息派动摇了？美联储理事米兰：劳动力市场改善可令今年少些降息 | 坚定降息派、特朗普亲信美联储理事米兰：美国劳动力市场的改善可以令今年少些降息。风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符 | [Link](https://longbridge.com/en/news/276386713.md) | | 目标是在 ChatGPT 中测试上下文广告，其中包括通过 Roundel 进行测试 | 塔吉特将在 ChatGPT 中试点上下文广告，通过其 Roundel 零售媒体网络推广其业务和品牌合作伙伴。广告将根据提示中的特定关键词进行定制，确保相关性而不影响聊天机器人的响应。OpenAI 旨在测试消费者对 ChatGPT 中广告的反 | [Link](https://longbridge.com/en/news/276008317.md) | | 塔吉特首席执行官 Michael Fiddelke 在上任的头两周里非常忙碌 | 塔吉特首席执行官迈克尔·菲德尔克在上任的前两周忙碌不已 | [Link](https://longbridge.com/en/news/276049389.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.