Core Natural Resources (NYSE:CNR) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Core Natural Resources (NYSE:CNR) from a sell rating to a hold rating in a research note published on Saturday.

Several other equities research analysts also recently commented on the company. UBS Group lifted their price objective on Core Natural Resources from $109.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, March 24th. Zacks Research upgraded Core Natural Resources from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. B. Riley Financial restated a “buy” rating on shares of Core Natural Resources in a research note on Thursday, April 30th. Finally, Weiss Ratings upgraded Core Natural Resources from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $116.67.

Core Natural Resources Price Performance

NYSE CNR opened at $84.96 on Friday. Core Natural Resources has a one year low of $63.36 and a one year high of $114.80. The stock has a 50-day moving average of $94.78 and a 200 day moving average of $90.04. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of -69.64 and a beta of 0.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.15 and a current ratio of 1.70.

Core Natural Resources (NYSE:CNR) last released its quarterly earnings data on Thursday, May 7th. The energy company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.28 by $0.13. Core Natural Resources had a negative return on equity of 1.69% and a negative net margin of 1.49%.The company had revenue of $899.48 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the company earned $3.39 EPS. Core Natural Resources’s revenue for the quarter was up 94.7% on a year-over-year basis. On average, sell-side analysts forecast that Core Natural Resources will post 1.7 EPS for the current year.

Core Natural Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, May 29th. Core Natural Resources’s payout ratio is currently -13.29%.

Insider Buying and Selling at Core Natural Resources

In other news, CEO James A. Brock sold 40,760 shares of Core Natural Resources stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $101.15, for a total transaction of $4,122,874.00. Following the transaction, the chief executive officer directly owned 100,000 shares of the company’s stock, valued at $10,115,000. The trade was a 28.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard A. Navarre sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $91.70, for a total value of $550,200.00. Following the transaction, the director owned 18,034 shares of the company’s stock, valued at approximately $1,653,717.80. This trade represents a 24.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 51,560 shares of company stock worth $5,118,890 in the last three months. 2.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its stake in shares of Core Natural Resources by 7.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,176 shares of the energy company’s stock valued at $437,000 after acquiring an additional 272 shares during the period. Goehring & Rozencwajg Associates LLC grew its stake in shares of Core Natural Resources by 134.0% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 708,225 shares of the energy company’s stock valued at $74,172,000 after acquiring an additional 405,505 shares during the period. Nwam LLC grew its stake in shares of Core Natural Resources by 2.8% during the 1st quarter. Nwam LLC now owns 33,469 shares of the energy company’s stock valued at $3,505,000 after acquiring an additional 925 shares during the period. Legacy Capital Group California Inc. grew its stake in shares of Core Natural Resources by 25.1% during the 1st quarter. Legacy Capital Group California Inc. now owns 5,728 shares of the energy company’s stock valued at $600,000 after acquiring an additional 1,150 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Core Natural Resources by 2.1% during the 1st quarter. Principal Financial Group Inc. now owns 249,522 shares of the energy company’s stock valued at $26,132,000 after acquiring an additional 5,044 shares during the period. 86.54% of the stock is currently owned by institutional investors.

Key Stories Impacting Core Natural Resources

Here are the key news stories impacting Core Natural Resources this week:

• Positive Sentiment: Core Natural Resources beat first-quarter profit estimates, reporting $0.41 per share versus the consensus $0.29, while net income was $21.0 million and adjusted EBITDA came in at $179.9 million. Core Natural Resources Reports First Quarter 2026 Results
• Positive Sentiment: The company generated $119.4 million in operating cash flow and $55.5 million in free cash flow, and returned $47.0 million to shareholders, which supports the investment case for income and capital returns. Core Natural Resources Reports First Quarter 2026 Results
• Neutral Sentiment: The company raised its 2026 contracted High CV Thermal volume outlook to 29.1 million tons and expects another $100 million of insurance proceeds in the second quarter, which could help future results if realized. Core Natural Resources expects another $100M of insurance proceeds in 2Q while lifting 2026 contracted High CV Thermal volume to 29.1M tons
• Negative Sentiment: Revenue came in below analyst expectations at $899.5 million versus the $1.06 billion consensus, and earnings fell sharply from $3.39 per share in the same quarter last year, which may be weighing on sentiment. Core Natural Resources’s (NYSE:CNR) Q1 CY2026 Earnings Results: Revenue In Line With Expectations

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. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.