Warrior Met Coal, Inc. (NYSE:HCC) declared a quarterly dividend on Tuesday, April 27th, Zacks reports. Investors of record on Friday, May 7th will be given a dividend of 0.05 per share on Wednesday, May 12th. This represents a $0.20 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, May 6th.

Warrior Met Coal has increased its dividend payment by 33.3% over the last three years and has increased its dividend every year for the last 1 years. Warrior Met Coal has a dividend payout ratio of 11.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Warrior Met Coal to earn $2.11 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 9.5%.

Shares of HCC stock opened at $16.82 on Tuesday. The business has a 50-day moving average price of $17.51 and a two-hundred day moving average price of $19.22. Warrior Met Coal has a 12-month low of $11.11 and a 12-month high of $25.90. The company has a quick ratio of 2.49, a current ratio of 3.60 and a debt-to-equity ratio of 0.53. The firm has a market cap of $863.76 million, a P/E ratio of 45.46 and a beta of 1.25.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Tuesday, February 23rd. The company reported ($0.63) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.33) by ($0.30). The firm had revenue of $212.25 million during the quarter, compared to analysts’ expectations of $194.55 million. Warrior Met Coal had a return on equity of 1.04% and a net margin of 2.41%. As a group, research analysts expect that Warrior Met Coal will post -0.31 EPS for the current fiscal year.

A number of equities analysts have commented on the company. Royal Bank of Canada reaffirmed a “hold” rating and issued a $25.00 price target on shares of Warrior Met Coal in a research note on Sunday, April 11th. Roth Capital upped their price target on shares of Warrior Met Coal from $20.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 26th. B. Riley cut shares of Warrior Met Coal from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $28.00 to $22.00 in a research report on Friday. Deutsche Bank Aktiengesellschaft cut Warrior Met Coal from a “buy” rating to a “hold” rating and cut their target price for the stock from $26.00 to $21.00 in a research note on Wednesday, January 13th. Finally, Zacks Investment Research lowered Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 27th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $21.67.

About Warrior Met Coal

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.

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Dividend History for Warrior Met Coal (NYSE:HCC)

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