Warrior Met Coal (HCC) Scheduled to Post Quarterly Earnings on Wednesday

Warrior Met Coal (NYSE:HCC) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $2.39 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Wednesday, February 14th. The company reported $2.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.67). The firm had revenue of $363.80 million during the quarter, compared to analysts’ expectations of $393.04 million. Warrior Met Coal had a return on equity of 28.99% and a net margin of 28.55%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $1.90 EPS. On average, analysts expect Warrior Met Coal to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Warrior Met Coal Stock Performance

Shares of HCC stock opened at $70.13 on Monday. The firm has a market capitalization of $3.67 billion, a price-to-earnings ratio of 7.62 and a beta of 1.09. The company has a debt-to-equity ratio of 0.10, a current ratio of 7.24 and a quick ratio of 5.99. The business has a fifty day moving average of $59.83 and a 200 day moving average of $58.04. Warrior Met Coal has a 1 year low of $31.97 and a 1 year high of $70.55.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Investors of record on Monday, May 6th will be paid a $0.08 dividend. The ex-dividend date is Friday, May 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.46%. Warrior Met Coal’s dividend payout ratio (DPR) is 3.48%.

Insiders Place Their Bets

In other Warrior Met Coal news, Director Alan H. Schumacher bought 2,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were purchased at an average cost of $58.15 per share, for a total transaction of $116,300.00. Following the transaction, the director now directly owns 30,270 shares of the company’s stock, valued at $1,760,200.50. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HCC has been the subject of a number of research analyst reports. Citigroup upgraded Warrior Met Coal from a “neutral” rating to a “buy” rating and raised their target price for the stock from $60.00 to $75.00 in a research note on Thursday, April 11th. B. Riley cut their price target on Warrior Met Coal from $89.00 to $87.00 and set a “buy” rating on the stock in a research report on Monday, April 15th. Finally, UBS Group began coverage on Warrior Met Coal in a research report on Tuesday, January 16th. They set a “neutral” rating and a $68.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.60.

Warrior Met Coal Company Profile

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.