Core Natural Resources (NYSE:CNR) Price Target Cut to $136.00 by Analysts at B. Riley

Core Natural Resources (NYSE:CNR) had its target price trimmed by B. Riley from $140.00 to $136.00 in a report released on Monday morning,Benzinga reports. The firm currently has a buy rating on the energy company’s stock. B. Riley also issued estimates for Core Natural Resources’ Q1 2025 earnings at $1.67 EPS, Q2 2025 earnings at $2.27 EPS, Q3 2025 earnings at $3.57 EPS, Q4 2025 earnings at $3.86 EPS, FY2025 earnings at $11.37 EPS, Q1 2026 earnings at $3.87 EPS, Q2 2026 earnings at $3.91 EPS, Q3 2026 earnings at $3.97 EPS, Q4 2026 earnings at $3.91 EPS, FY2026 earnings at $15.67 EPS and FY2027 earnings at $15.58 EPS.

A number of other equities research analysts have also commented on the company. StockNews.com began coverage on Core Natural Resources in a research report on Thursday, January 30th. They issued a “hold” rating on the stock. Benchmark upped their target price on Core Natural Resources from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Jefferies Financial Group upgraded Core Natural Resources from a “hold” rating to a “buy” rating and dropped their target price for the company from $165.00 to $150.00 in a research report on Monday, January 6th. Finally, Piper Sandler upgraded Core Natural Resources from a “neutral” rating to an “overweight” rating and lowered their price objective for the stock from $165.00 to $150.00 in a research report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.17.

Core Natural Resources Stock Performance

CNR opened at $75.07 on Monday. Core Natural Resources has a 52-week low of $73.09 and a 52-week high of $134.59. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.21 billion, a P/E ratio of 7.81 and a beta of 1.74. The firm’s 50-day moving average price is $120.21 and its 200-day moving average price is $135.74.

Core Natural Resources (NYSE:CNR) last issued its earnings results on Thursday, February 20th. The energy company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $1.44. The firm had revenue of $595.29 million for the quarter, compared to analyst estimates of $493.50 million. Core Natural Resources had a return on equity of 23.87% and a net margin of 12.81%. As a group, equities analysts anticipate that Core Natural Resources will post 11.4 EPS for the current fiscal year.

Core Natural Resources Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Monday, March 3rd. Core Natural Resources’s dividend payout ratio is presently 4.16%.

Hedge Funds Weigh In On Core Natural Resources

A number of hedge funds have recently modified their holdings of the business. Louisiana State Employees Retirement System grew its holdings in shares of Core Natural Resources by 1.1% during the 4th quarter. Louisiana State Employees Retirement System now owns 8,800 shares of the energy company’s stock worth $1,243,000 after purchasing an additional 100 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Core Natural Resources by 82.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 222 shares of the energy company’s stock worth $31,000 after purchasing an additional 100 shares during the period. Fortitude Family Office LLC grew its holdings in shares of Core Natural Resources by 63.8% during the 4th quarter. Fortitude Family Office LLC now owns 267 shares of the energy company’s stock worth $28,000 after purchasing an additional 104 shares during the period. GAMMA Investing LLC grew its holdings in shares of Core Natural Resources by 340.5% during the 4th quarter. GAMMA Investing LLC now owns 185 shares of the energy company’s stock worth $26,000 after purchasing an additional 143 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of Core Natural Resources by 226.7% during the 4th quarter. Jones Financial Companies Lllp now owns 245 shares of the energy company’s stock worth $35,000 after purchasing an additional 170 shares during the period. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Core Natural Resources Company Profile

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.