Core Natural Resources (NYSE:CNR) CAO John Rothka Sells 1,000 Shares of Stock

Core Natural Resources, Inc. (NYSE:CNR) CAO John Rothka sold 1,000 shares of Core Natural Resources stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $97.66, for a total transaction of $97,660.00. Following the transaction, the chief accounting officer directly owned 5,190 shares in the company, valued at approximately $506,855.40. This trade represents a 16.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

John Rothka also recently made the following trade(s):

• On Tuesday, March 10th, John Rothka sold 3,800 shares of Core Natural Resources stock. The stock was sold at an average price of $91.62, for a total transaction of $348,156.00.

Core Natural Resources Stock Performance

Shares of CNR stock opened at $107.61 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.15 and a debt-to-equity ratio of 0.10. The company has a market cap of $5.46 billion, a PE ratio of -35.38 and a beta of 0.34. The company’s fifty day simple moving average is $93.42 and its 200-day simple moving average is $86.94. Core Natural Resources, Inc. has a 52 week low of $58.19 and a 52 week high of $113.57.

Core Natural Resources (NYSE:CNR) last announced its quarterly earnings results on Thursday, February 12th. The energy company reported ($1.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.78) by ($0.76). Core Natural Resources had a negative return on equity of 4.05% and a negative net margin of 3.68%.The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $996.54 million. During the same period last year, the company posted $1.04 earnings per share. The firm’s revenue for the quarter was up 81.8% on a year-over-year basis. As a group, equities research analysts anticipate that Core Natural Resources, Inc. will post 11.4 EPS for the current year.

Core Natural Resources Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given a $0.10 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. Core Natural Resources’s dividend payout ratio is presently -13.29%.

Analysts Set New Price Targets

Several brokerages recently commented on CNR. Wall Street Zen downgraded Core Natural Resources from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. UBS Group increased their price objective on shares of Core Natural Resources from $105.00 to $109.00 and gave the company a “buy” rating in a research report on Thursday, March 12th. Zacks Research cut shares of Core Natural Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 5th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Core Natural Resources in a research note on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $112.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in shares of Core Natural Resources by 27.7% during the second quarter. JPMorgan Chase & Co. now owns 513,191 shares of the energy company’s stock valued at $35,790,000 after acquiring an additional 111,331 shares during the period. Magnolia Group LLC increased its holdings in shares of Core Natural Resources by 2.4% in the 3rd quarter. Magnolia Group LLC now owns 732,000 shares of the energy company’s stock worth $61,107,000 after acquiring an additional 17,500 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Core Natural Resources in the 3rd quarter valued at about $4,369,000. Geode Capital Management LLC lifted its position in Core Natural Resources by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,237,486 shares of the energy company’s stock valued at $86,318,000 after purchasing an additional 20,541 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its stake in Core Natural Resources by 711.1% during the 2nd quarter. Osaic Holdings Inc. now owns 28,615 shares of the energy company’s stock valued at $1,996,000 after purchasing an additional 25,087 shares during the period. 86.54% of the stock is owned by institutional investors and hedge funds.

About Core Natural Resources

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.