Core Natural Resources (NYSE:CNR) Issues Earnings Results, Misses Estimates By $2.01 EPS

Core Natural Resources (NYSE:CNR - Get Free Report) released its quarterly earnings results on Tuesday. The energy company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($2.01), Zacks reports. Core Natural Resources had a return on equity of 8.32% and a net margin of 4.29%.Get Core Natural Resources alerts:Core Natural Resources Stock Up 3.3%3 Stocks Poised to Benefit From the "Big Beautiful Bill"NYSE CNR traded up $2.53 during mid-day trading on Tuesday, hitting $79.09. The company's stock had a trading volume of 301,326 shares, compared to its average volume of 978,692. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 16.34 and a beta of 0.66. The company's 50 day simple moving average is $72.22 and its 200 day simple moving average is $78.96. Core Natural Resources has a twelve month low of $58.19 and a twelve month high of $134.59. Core Natural Resources Cuts DividendThe firm also recently declared a dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 2nd were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a yield of 57.0%. Core Natural Resources's dividend payout ratio (DPR) is presently 8.26%. Analysts Set New Price TargetsThree Q3 Winners to Ride in Q4Several research analysts have issued reports on the stock. Benchmark lowered their price target on shares of Core Natural Resources from $112.00 to $105.00 and set a "buy" rating for the company in a report on Friday, May 9th. B. Riley reduced their price objective on shares of Core Natural Resources from $112.00 to $110.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Finally, UBS Group reduced their price objective on shares of Core Natural Resources from $80.00 to $78.00 and set a "buy" rating for the company in a research report on Thursday, July 3rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Core Natural Resources has a consensus rating of "Moderate Buy" and an average price target of $118.60.Read Our Latest Stock Analysis on Core Natural ResourcesHedge Funds Weigh In On Core Natural ResourcesHedge funds have recently bought and sold shares of the company. United Services Automobile Association purchased a new stake in shares of Core Natural Resources during the first quarter valued at approximately $256,000. AQR Capital Management LLC bought a new position in Core Natural Resources in the first quarter worth $796,000. NewEdge Advisors LLC bought a new position in shares of Core Natural Resources during the first quarter valued at $1,223,000. Intech Investment Management LLC bought a new position in shares of Core Natural Resources during the first quarter valued at $1,743,000. Finally, Royal Bank of Canada bought a new position in shares of Core Natural Resources during the first quarter valued at $2,037,000. 86.54% of the stock is owned by hedge funds and other institutional investors. 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.Further ReadingFive stocks we like better than Core Natural ResourcesWhat Is WallStreetBets and What Stocks Are They Targeting?Applied Digital: Why a Surge in Bullish Bets Signals a New Era The 3 Best Fintech Stocks to Buy NowPalantir Stock Soars After Blowout Earnings ReportDiversification Can Smooth Returns And Mitigate Portfolio RiskAmazon Enters Correction Zone: Time to Panic or Be Brave?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.Should You Invest $1,000 in Core Natural Resources Right Now?Before you consider Core Natural Resources, 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 Core Natural Resources wasn't on the list.While Core Natural Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here