CONSOL Coal Resources LP (NYSE:CCR) announced a quarterly dividend on Wednesday, October 30th, Fidelity reports. Stockholders of record on Monday, November 11th will be paid a dividend of 0.5125 per share by the energy company on Friday, November 15th. This represents a $2.05 annualized dividend and a dividend yield of 18.62%. The ex-dividend date of this dividend is Thursday, November 7th.
Shares of CCR stock traded up $0.26 on Friday, hitting $11.01. The stock had a trading volume of 33,451 shares, compared to its average volume of 37,762. The business has a 50 day moving average of $12.76 and a 200 day moving average of $14.97. The stock has a market cap of $301.62 million, a price-to-earnings ratio of 4.65 and a beta of 1.01. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.68 and a quick ratio of 0.51. CONSOL Coal Resources has a 12-month low of $10.37 and a 12-month high of $21.13.
CONSOL Coal Resources (NYSE:CCR) last announced its earnings results on Tuesday, August 6th. The energy company reported $0.51 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by ($0.01). CONSOL Coal Resources had a net margin of 15.97% and a return on equity of 24.27%. The firm had revenue of $89.65 million during the quarter, compared to analysts’ expectations of $89.20 million. As a group, research analysts expect that CONSOL Coal Resources will post 1.83 earnings per share for the current fiscal year.
A number of analysts recently issued reports on the stock. ValuEngine upgraded shares of CONSOL Coal Resources from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Berenberg Bank restated a “sell” rating on shares of CONSOL Coal Resources in a report on Tuesday, October 22nd. Seaport Global Securities set a $19.00 price objective on shares of CONSOL Coal Resources and gave the stock a “buy” rating in a report on Wednesday, August 7th. Jefferies Financial Group downgraded shares of CONSOL Coal Resources from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $20.00 to $16.00 in a report on Tuesday, August 6th. Finally, Clarkson Capital restated a “neutral” rating on shares of CONSOL Coal Resources in a report on Monday, September 23rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $18.20.
About CONSOL Coal Resources
CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.
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