NACCO Industries (NC) to Release Earnings on Wednesday

NACCO Industries (NYSE:NC) is set to post its quarterly earnings results after the market closes on Wednesday, May 1st. Investors interested in listening to the company’s conference call can do so using this link.

NACCO Industries (NYSE:NC) last announced its earnings results on Wednesday, March 6th. The company reported $1.08 EPS for the quarter. The business had revenue of $56.76 million for the quarter. NACCO Industries had a negative net margin of 18.43% and a positive return on equity of 2.97%.

NACCO Industries Stock Down 1.3 %

Shares of NACCO Industries stock opened at $28.15 on Monday. The firm’s fifty day simple moving average is $30.13 and its 200-day simple moving average is $33.67. NACCO Industries has a 12 month low of $27.26 and a 12 month high of $38.66. The company has a quick ratio of 2.21, a current ratio of 3.31 and a debt-to-equity ratio of 0.06.

NACCO Industries Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were issued a $0.2175 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 3.09%. NACCO Industries’s payout ratio is -16.45%.

Analyst Upgrades and Downgrades

Separately, TheStreet cut shares of NACCO Industries from a “b-” rating to a “c+” rating in a report on Thursday, March 7th.

Insider Buying and Selling at NACCO Industries

In other NACCO Industries news, SVP Thomas A. Maxwell sold 866 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $29.64, for a total value of $25,668.24. Following the transaction, the senior vice president now directly owns 8,834 shares of the company’s stock, valued at approximately $261,839.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 41.26% of the stock is currently owned by corporate insiders.

NACCO Industries Company Profile

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.